Marvell Technology, Inc. (MRVL)
Marvell Technology, Inc., together with its subsidiaries, provides data infrastructure semiconductor solutions and spanning the data center core to network edge in the United States, Argentina, China, India, Israel, Japan, Singapore, South Korea, Taiwan, Vietnam, and internationally. The company develops and scales system-on-a-chip architectures, integrating analog, mixed-signal, and digital signal processing functionality. It offers a portfolio of ethernet solutions, including spanning controllers, network adapters, physical transceivers, and switches; single or multiple core processors; and custom application specific integrated circuits, interconnects, fibre channel adapters, and processors. The company also provides interconnect products, including pulse amplitude modulation, coherent and coherent-lite digital signal processors (DSPs), laser drivers, trans-impedance amplifiers, silicon photonics, co-packaged optics, linear pluggable optics chipsets, data center interconnect, active electrical cable DSPs and peripheral component interconnect express retimer solutions; fibre channel products comprising host bus adapters and controllers for server and storage system connectivity; storage controllers for hard disk drives and solid-state-drives; host system interfaces, including serial advanced technology attachment and serial attached SCSI, peripheral component interconnect express, compute express link switches, non-volatile memory express (NVMe), and NVMe over fabrics; and develops ultra accelerator linkTM switches and ethernet for scale-up networking switches. The company serves data centers, communications, and other markets. It offers its products through direct customers and distributors. Marvell Technology, Inc. was incorporated in 1995 and is headquartered in Wilmington, Delaware.
- Symbol
- MRVL
- Exchange
- Nasdaq
- Sector
- Technology
- Industry
- Semiconductors
- Market cap
- $235.44B
- 52 week range
- 70.69 - 329.88
Valuation
- Share price
- $260.90 (close of 2026-09-23)
- P/E (TTM)
- 86.30x
- Price to book
- 12.70x
- Price to free cash flow
- 136.09x
- Enterprise value
- $236.80B
- Book value per share
- $20.65
Price performance
| Period | Change |
|---|
| 1 day | -0.56% |
| 5 days | +13.58% |
| 1 month | +10.07% |
| 3 months | -6.50% |
| 6 months | +189.37% |
| Year to date | +207.01% |
| 1 year | +249.64% |
| 3 years | +398.85% |
| 5 years | +311.25% |
| 10 years | +1905.38% |
| All time | +1730.88% |
Profitability and growth
- Return on equity
- 18.66%
- Return on invested capital
- 5.75%
- Return on assets
- 11.98%
- Return on capital employed
- 6.94%
- Gross margin
- 51.02%
- Net margin
- 32.58%
- EBITDA margin
- 18.85%
- Revenue growth
- 42.09%
- Net income growth
- 401.71%
- Free cash flow growth
- -0.01%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 0.73%
- Current ratio
- 3.17x
- Net debt to EBITDA
- 0.28x
Latest reported year
- Period end
- 2026-01-31
- Fiscal year
- 2026
- Revenue
- $8.19B
- Cost of revenue
- $4.01B
- Gross profit
- $4.18B
- EBITDA
- $1.54B
- Net income
- $2.67B
- Earnings per share
- $3.10
- Research and development
- $2.08B
- Shares outstanding
- 861.00M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2026-01-31 | $8.19B | $4.18B | $2.67B | $3.10 |
| 2025-02-01 | $5.77B | $2.38B | $-885.00M | $-1.02 |
| 2024-02-03 | $5.51B | $2.29B | $-933.40M | $-1.08 |
| 2023-01-28 | $5.92B | $2.99B | $-163.50M | $-0.19 |
| 2022-01-29 | $4.46B | $2.06B | $-421.00M | $-0.53 |
| 2021-01-30 | $2.97B | $1.49B | $-277.30M | $-0.41 |
| 2020-02-01 | $2.70B | $1.36B | $1.58B | $2.38 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2026-01-31 | 51.02% | 32.58% | 18.66% | 5.75% |
| 2025-02-01 | 41.31% | -15.35% | -6.59% | -4.22% |
| 2024-02-03 | 41.64% | -16.95% | -6.29% | -3.11% |
| 2023-01-28 | 50.47% | -2.76% | -1.05% | 0.61% |
| 2022-01-29 | 46.26% | -9.43% | -2.68% | -1.44% |
| 2021-01-30 | 50.13% | -9.34% | -3.29% | -2.37% |
| 2020-02-01 | 50.27% | 58.70% | 18.26% | -1.52% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2026-01-31 | $2.64B | $3.97B |
| 2025-02-01 | $948.30M | $3.93B |
| 2024-02-03 | $950.80M | $4.06B |
| 2023-01-28 | $911.00M | $3.91B |
| 2022-01-29 | $613.50M | $4.48B |
| 2021-01-30 | $748.47M | $993.17M |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2026-01-31 | $1.40B | $590.80M |
| 2025-02-01 | $1.40B | $597.40M |
| 2024-02-03 | $1.03B | $609.80M |
| 2023-01-28 | $1.08B | $552.40M |
| 2022-01-29 | $650.10M | $460.70M |
| 2021-01-30 | $710.50M | $241.50M |
| 2020-02-01 | $278.38M | $242.21M |
Dividend history
- Most recent payment
- 2026-07-10
- Paid in the last twelve months
- $0.24
| Payment date | Dividend per share |
|---|
| 2026-07-10 | $0.06 |
| 2026-04-10 | $0.06 |
| 2026-01-09 | $0.06 |
| 2025-10-10 | $0.06 |
| 2025-07-11 | $0.06 |
| 2025-04-11 | $0.06 |
| 2025-01-10 | $0.06 |
| 2024-10-11 | $0.06 |
Investor relations
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-08-27 | Jul/2026 | $0.65 |
| 2026-05-27 | - | - |
| 2026-03-05 | - | - |
| 2025-12-02 | - | - |
| 2025-08-28 | - | - |
| 2025-05-29 | - | - |
| 2025-03-05 | - | - |
| 2024-12-03 | - | - |
Filings and sources
- Company website
- marvell.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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