Marvell Technology, Inc.

NasdaqGS:MRVL Stock Report

Market Cap: US$74.4b

Marvell Technology Past Earnings Performance

Past criteria checks 2/6

Marvell Technology's earnings have been declining at an average annual rate of -6.6%, while the Semiconductor industry saw earnings growing at 5.3% annually. Revenues have been growing at an average rate of 14.4% per year. Marvell Technology's return on equity is 17.6%, and it has net margins of 31.7%.

Key information

-6.61%

Earnings growth rate

-7.67%

EPS growth rate

Semiconductor Industry Growth27.66%
Revenue growth rate14.35%
Return on equity17.60%
Net Margin31.75%
Last Earnings Update01 Nov 2025

Recent past performance updates

Marvell Technology's (NASDAQ:MRVL) Earnings Are Weaker Than They Seem

Dec 10
Marvell Technology's (NASDAQ:MRVL) Earnings Are Weaker Than They Seem

Recent updates

Marvell Technology's (NASDAQ:MRVL) Earnings Are Weaker Than They Seem

Dec 10
Marvell Technology's (NASDAQ:MRVL) Earnings Are Weaker Than They Seem

Marvell Is Still Mispriced. Buy Before Wall Street Wakes Up

Dec 04

Optimistic Investors Push Marvell Technology, Inc. (NASDAQ:MRVL) Shares Up 37% But Growth Is Lacking

Oct 08
Optimistic Investors Push Marvell Technology, Inc. (NASDAQ:MRVL) Shares Up 37% But Growth Is Lacking

Marvell Technology, Inc. (NASDAQ:MRVL) Just Reported Earnings, And Analysts Cut Their Target Price

Sep 02
Marvell Technology, Inc. (NASDAQ:MRVL) Just Reported Earnings, And Analysts Cut Their Target Price

Is Now An Opportune Moment To Examine Marvell Technology, Inc. (NASDAQ:MRVL)?

Jul 11
Is Now An Opportune Moment To Examine Marvell Technology, Inc. (NASDAQ:MRVL)?

Optimistic Investors Push Marvell Technology, Inc. (NASDAQ:MRVL) Shares Up 25% But Growth Is Lacking

Jun 26
Optimistic Investors Push Marvell Technology, Inc. (NASDAQ:MRVL) Shares Up 25% But Growth Is Lacking

Marvell Technology: Shares Plunge, But Operating Momentum Accelerates

Apr 21

Marvell Technology, Inc. (NASDAQ:MRVL) Shares Slammed 26% But Getting In Cheap Might Be Difficult Regardless

Apr 17
Marvell Technology, Inc. (NASDAQ:MRVL) Shares Slammed 26% But Getting In Cheap Might Be Difficult Regardless

Marvell: This Is A Remarkable Buying Opportunity

Mar 26

Marvell Technology: AI Player Pushed Down To Its Fair Value

Mar 18

Marvell: Correction Overly Done, Data Center Prospects Remain Bright

Mar 10

Marvell Technology: Shares Could Pop On Strong Earnings

Mar 03

What You Can Learn From Marvell Technology, Inc.'s (NASDAQ:MRVL) P/S After Its 25% Share Price Crash

Feb 26
What You Can Learn From Marvell Technology, Inc.'s (NASDAQ:MRVL) P/S After Its 25% Share Price Crash

Marvell Technology: Promising But Overvalued

Feb 23

Marvell Technologies: A High-Risk, High-Reward Investment Opportunity In The AI Infrastructure Market

Feb 11

Does Marvell Technology (NASDAQ:MRVL) Have A Healthy Balance Sheet?

Feb 02
Does Marvell Technology (NASDAQ:MRVL) Have A Healthy Balance Sheet?

Marvell Technology: A High-Growth AI Powerhouse Heading Into 2025

Jan 20

Marvell: All-In On AI, Where To Be A Buyer On The Chart

Jan 13

Investors Appear Satisfied With Marvell Technology, Inc.'s (NASDAQ:MRVL) Prospects As Shares Rocket 25%

Dec 25
Investors Appear Satisfied With Marvell Technology, Inc.'s (NASDAQ:MRVL) Prospects As Shares Rocket 25%

Marvell: To Join The Big Boys Club - Reiterating Buy

Dec 23

Marvell: Falling Behind In A Robust Demand Cycle

Dec 11

Revenue & Expenses Breakdown

How Marvell Technology makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:MRVL Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
01 Nov 257,7932,4747652,038
02 Aug 257,235-1037802,014
03 May 256,502-4917851,982
01 Feb 255,767-8857981,950
02 Nov 245,376-1,4788151,911
03 Aug 245,279-9668221,904
04 May 245,347-9808351,892
03 Feb 245,508-9338341,896
28 Oct 235,500-5568251,880
29 Jul 235,618-3788201,847
29 Apr 235,794-1678071,821
28 Jan 235,920-1638441,784
29 Oct 225,844-1428911,740
30 Jul 225,518-2189151,664
30 Apr 225,077-4989271,582
29 Jan 224,462-4218931,424
30 Oct 213,917-4117581,285
31 Jul 213,456-3716421,169
01 May 213,108-2525471,079
30 Jan 212,969-2774671,073
31 Oct 202,8891,4794611,092
01 Aug 202,8011,4194641,104
02 May 202,7301,5204661,093
01 Feb 202,6991,5844541,080
02 Nov 192,726-4493951,057
03 Aug 192,915-4203891,054
04 May 192,924-3564081,004
02 Feb 192,866-179371914
03 Nov 182,736130376838
04 Aug 182,502333323738
05 May 182,441462245703
03 Feb 182,409433238714
28 Oct 172,360321229710
29 Jul 172,367255230747
29 Apr 172,360182242774
28 Jan 172,30175251805
29 Oct 162,274185245806
30 Jul 162,32544244856
30 Apr 162,439-791230934
30 Jan 162,602-738252955
31 Oct 152,967-7342521,104
01 Aug 153,222-5612591,140
02 May 153,4733502701,148
31 Jan 153,6374842641,092

Quality Earnings: MRVL has a large one-off gain of $1.8B impacting its last 12 months of financial results to 1st November, 2025.

Growing Profit Margin: MRVL became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MRVL has become profitable over the past 5 years, growing earnings by -6.6% per year.

Accelerating Growth: MRVL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: MRVL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Semiconductor industry (4.7%).

Return on Equity

High ROE: MRVL's Return on Equity (17.6%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/24 19:08
End of Day Share Price 2025/12/23 00:00
Earnings2025/11/01
Annual Earnings2025/02/01

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Marvell Technology, Inc. is covered by 71 analysts. 41 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brett SimpsonArete Research Services LLP
James KelleherArgus Research Company
Timothy LukeBarclays