analyzeportfolio
Nasdaq · Technology

Marvell Technology, Inc. (MRVL)

As-reported financials and SEC filings for Marvell Technology, Inc. The latest annual period is FY2026. The latest reported quarter is Q2 FY2027. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Marvell Technology, Inc.

Marvell Technology, Inc. is a fabless semiconductor company that designs and supplies high-performance data infrastructure solutions for data centers and communications markets. Its products include custom ASICs, interconnects, ethernet solutions, fibre channel adapters, processors, and storage controllers used in cloud AI systems, networking equipment, storage systems, and carrier infrastructure. The company serves customers globally across various industries including cloud computing, enterprise networking, consumer electronics, and government applications.

Snapshot

Revenue
$8.19B
Revenue growth (YoY)
42.1%
Net income
$2.67B
Diluted EPS
$3.07
Gross margin
51.0%
Operating margin
16.1%
Net margin
32.6%
FCF margin
17.0%
ROE
18.7%
net income / fiscal-year-end equity
P/E
77.5×
trailing when available, otherwise FY EPS
Market cap
$203.97B
Long-term debt / equity
0.28×
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended January 31, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Marvell Technology

  • Revenue grew 42.1% to $8.2B in FY2026, faster than the 4.7% the year before.
  • Operating margin turned positive at 16.1% in FY2026, from a 7.8% operating loss in FY2022.
  • Most recent quarter Q2 FY2027: revenue $2.7B, up 36.5% from Q2 FY2026.
  • Free cash flow was $1.4B in FY2026, 17.0% of revenue.
  • Net income turned positive at $2.7B in FY2026, from a $885M loss in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Marvell Technology’s fundamentals sit among the 88 semiconductor companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin51.0%
64th percentile of 78
Operating margin16.1%
78th percentile of 79
Net margin32.6%
95th percentile of 80
FCF margin17.0%
71st percentile of 78
Revenue growth (YoY)+42.1%
84th percentile of 88
ROE18.7%
85th percentile of 74
P/E77.5×
77th percentile of 44
Long-term debt / equity0.28×
56th percentile of 44
Short interest1.35d
9th percentile of 88

Marvell Technology’s net margin of 32.6% ranks in the 95th percentile of the 80 semiconductor companies reporting it. Marvell Technology’s return on equity of 18.7% ranks in the 85th percentile of the 74 semiconductor companies reporting it.

No reported insider purchases (code P) in the last 90 days; 9 insider sales totaling $15.3M. For context, about 14% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 4 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
4
+7 quant / multi-strat
Initiated / added
6
3 new, 3 added
Reduced / exited
5
5 trimmed, 0 exited
Combined position
$1.46B
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ2 2026$746.1M2.5MAdded
AQR Capital ManagementquantQ2 2026$192.3M663.4KAdded
Renaissance TechnologiesquantQ2 2026$150.6M505.4KNew
Citadel AdvisorsquantQ2 2026$112.7M378.4KReduced
Millennium ManagementquantQ2 2026$100.1M335.9KReduced
Bridgewater AssociatesQ2 2026$54.0M181.2KReduced
Gotham Asset ManagementQ2 2026$47.3M158.7KReduced
Two Sigma InvestmentsquantQ2 2026$30.7M102.9KAdded
Soros Fund ManagementQ2 2026$16.1M54.0KNew
Point72 Asset ManagementquantQ2 2026$4.0M13.5KNew
Maverick CapitalQ2 2026$1.3M4.2KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
9
$15.3M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-09-01
filed 2026-09-02
Koopmans ChrisPresident and COOSell10.0K$203.27$2.0M
2026-08-17
MURPHY MATTHEW JChairman of the Board and CEOSell7.5K$236.08$1.8M
2026-08-03
Koopmans ChrisPresident and COOSell10.0K$180.50$1.8M
2026-07-16
Bharathi SandeepPresident, Data Center GroupSell9.0K$199.24$1.8M
2026-07-15
filed 2026-07-16
MURPHY MATTHEW JChairman of the Board and CEOSell7.5K$209.52$1.6M
2026-07-01
Koopmans ChrisPresident and COOSell10.0K$281.92$2.8M
2026-06-23
Durn DanielChief Financial OfficerSell2.3K$281.01$632K
2026-06-16
filed 2026-06-17
Bharathi SandeepPresident, Data Center GroupSell2.2K$299.13$667K
2026-06-15
filed 2026-06-16
MURPHY MATTHEW JChairman of the Board and CEOSell7.5K$298.76$2.2M
2026-06-01
Koopmans ChrisPresident and COOSell10.0K$205.87$2.1M
2026-05-15
filed 2026-05-18
Meintjes Willem AChief Financial OfficerSell4.0K$175.24$701K
2026-05-13
filed 2026-05-14
MURPHY MATTHEW JChairman of the Board and CEOSell7.5K$177.26$1.3M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
38.2M
settled 2026-08-31
Change vs prior
+34.5%
vs previous settlement
Days to cover
1.35
at avg daily volume
Avg daily volume
28.2M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-3138.2M+34.5%1.35
2026-08-1428.4M-20.8%1.42
2026-07-3135.8M+10.3%1.46
2026-07-1532.5M-4.7%1.22
2026-06-3034.1M-13.3%1.00
2026-06-1539.3M+11.6%1.00
2026-05-2935.2M+9.2%1.06
2026-05-1532.2M+14.0%1.44

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$8.19B$5.77B$5.51B$5.92B$4.46B
Gross profit$4.18B$2.38B$2.29B$2.99B$2.06B
Operating income$1.32B$-720.3M$-567.7M$238.0M$-347.7M
Net income$2.67B$-885.0M$-933.4M$-163.5M$-421.0M
Diluted EPS$3.07$-1.02$-1.08$-0.19$-0.53

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$1.75B$1.68B$1.37B$1.29B$819.3M
Capital expenditure$354.1M$284.6M$336.3M$206.2M$169.2M
Free cash flow$1.40B$1.40B$1.03B$1.08B$650.1M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2027$2.74B36.5%$308.0M$0.33
Q1 FY2027$2.42B27.6%$34.5M$0.04
Q4 FY2026$2.22B22.1%$396.1M$0.46
Q3 FY2026$2.07B36.8%$1.90B$2.20
Q2 FY2026$2.01B57.6%$194.8M$0.22
Q1 FY2026$1.90B63.3%$177.9M$0.20
Q4 FY2025$1.82B27.4%$200.2M$0.23
Q3 FY2025$1.52B6.9%$-676.3M$-0.78

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industrySemiconductors & Related Devices
Latest annual periodFY2026 (ended January 31, 2026)
Latest reported quarterQ2 FY2027 (ended August 1, 2026)
Oldest indexed filing2020
SEC CIK1835632

Selected SEC filings

10-K2026-03-11
View on EDGAR →
10-K2025-03-12
View on EDGAR →
10-Q2026-08-28
View on EDGAR →
10-Q2026-05-28
View on EDGAR →
10-Q2025-12-03
View on EDGAR →
10-Q2025-08-29
View on EDGAR →
8-K2026-08-27
View on EDGAR →
8-K2026-08-19
View on EDGAR →

Largest semiconductor peers

All semiconductor stocksAll Technology companies →

Monitor MRVL

Get an alert when Marvell Technology files something material, see which superinvestors own it, and ask its filings a question with cited answers.

Monitor MRVL free

Includes one free filing-grounded research answer. Or check your whole portfolio, no account needed.

Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.