Marvell Technology MRVL
- Market cap
- $200.4B
- PE
- 75.4×
- 10y median 30.1×
- Forward PE
- 40.3×
- 10y median 31.2×
- Price to sales
- 21.2×
- EV/EBIT
- 129×
- Revenue, 12 months
- $9.5B
- +31% on a year ago
- Net margin
- 27.9%
- Free cash flow yield
- 0.9%
Marvell Technology trades at 75.4× trailing earnings, pricier than 87% of the last ten years. Revenue was $9.5B over the last twelve months, up 31% on a year earlier with a 28% net margin.
Charts
Financials
| Income statement | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $1.4B−8% | $1.4B+1% | $1.2B−12% | $1.3B−5% | $1.5B+7% | $1.8B+27% | $1.9B+63% | $2B+58% | $2.1B+37% | $2.2B+22% | $2.4B+28% | $2.7B+37% | |
| Cost of revenue | $867.4M+14% | $762.4M+2% | $633.1M−17% | $685.3M−16% | $1.2B+35% | $900M+18% | $942.9M+49% | $995.5M+45% | $1B−14% | $1.1B+19% | $1.2B+23% | $1.3B+29% |
| Gross profit | $551.2M−29% | $664.1M−1% | $527.8M−5% | $587.6M+13% | $349.4M−37% | $917.4M+38% | $952.4M+80% | $1B+72% | $1.1B+206% | $1.1B+25% | $1.3B+32% | $1.5B+44% |
| R&D | $481.1M+7% | $459.6M+4% | $476.1M−1% | $486.7M+3% | $488.6M+2% | $499M+9% | $507.7M+7% | $519M+7% | $512.5M+5% | $536M+7% | $652.3M+29% | $741.1M+43% |
| SG&A | $213M+3% | $212M+4% | $199.9M+1% | $197.3M−6% | $205.3M−4% | $195.7M−8% | $186.4M−7% | $192.8M−2% | $189.9M−8% | $198M+1% | $258.4M+39% | $257.6M+34% |
| −$146.3M | −$33.3M | −$152.3M−17% | −$100.4M−51% | −$702.8M+380% | $235.2M | $270.6M | $290.1M | $357.8M | $404.4M+72% | $339.4M+25% | $459.7M+59% | |
| Interest expense | $52.6M+16% | $52.6M+7% | $48.8M−7% | $48.4M−10% | $47.2M−10% | $45M−14% | $48.7M−0% | $51.9M+7% | $51.2M+9% | $50.8M+13% | $52.8M+8% | $61.6M+19% |
| Pre-tax income | −$187.5M | −$87.3M+276% | −$197.8M−15% | −$146.2M−42% | −$750.5M+300% | $199.8M | $215.9M | $233.7M | $2.2B | $381.6M+91% | $83.3M−61% | $378.3M+62% |
| −$23.2M | $305.4M | $17.8M | $47.1M | −$74.2M+220% | −$400K | $38M+114% | $38.9M−17% | $314.1M | −$14.5M+3525% | $48.8M+28% | $70.3M+81% | |
| Net income | −$164.3M | −$392.7M+2450% | −$215.6M+28% | −$193.3M−7% | −$676.3M+312% | $200.2M | $177.9M | $194.8M | $1.9B | $396.1M+98% | $34.5M−81% | $308M+58% |
| −$0.19 | −$0.45+2150% | −$0.25+25% | −$0.22−8% | −$0.78+311% | $0.23 | $0.20 | $0.22 | $2.20 | $0.46+100% | $0.04−80% | $0.33+50% | |
| 862.6M+1% | 864.7M+1% | 865M+1% | 865.7M+1% | 865.7M+0% | 879.9M+2% | 875.6M+1% | 870.4M+1% | 863.7M−0% | 856.2M−3% | 893.3M+2% | 921.2M+6% |
Gross profit: 31 periods, Q2 FY09 to Q4 FY16: not printed by the filing, worked out from its own lines.
Net income: 11 periods, Q4 FY10 to Q4 FY26: printed in the fourth-quarter results release.
EPS, diluted: Q4 FY09: quarter's net income to common over its shares, to the cent. 11 periods, Q4 FY10 to Q4 FY26: printed in the fourth-quarter results release.
Diluted shares: Q4 FY09: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. 11 periods, Q4 FY10 to Q4 FY26: printed in the fourth-quarter results release. 6 periods, Q4 FY11 to Q4 FY16: share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY27 | $3.2B | $3.1B to $3.2B | $1.10 | $1.08 to $1.12 | 23 |
| Q4 FY27 | $3.7B | $3.5B to $3.9B | $1.36 | $1.33 to $1.40 | 22 |
| Q1 FY28 | $4.1B | $3.9B to $4.3B | $1.50 | $1.37 to $1.57 | 10 |
| Q2 FY28 | $4.6B | $4.3B to $4.8B | $1.70 | $1.55 to $1.78 | 18 |
| Q3 FY28 | $5.1B | $4.8B to $5.3B | $1.96 | $1.79 to $2.05 | 10 |
| Q4 FY28 | $5.8B | $5.4B to $6B | $2.26 | $2.06 to $2.36 | 11 |
| Q1 FY29 | $6.6B | $6.1B to $6.8B | $2.58 | $2.35 to $2.70 | 16 |
| Q2 FY29 | $7.5B | $7B to $7.7B | $2.98 | $2.72 to $3.12 | 11 |
Peers
Companies in Semiconductors nearest Marvell Technology's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| MRVLMarvell Technology | $200.4B | 75.4× | 30.1× | 40.3× | 21.2× | +31% | 27.9% |
| KLACKLA | $190.2B | 39.7× | 24.0× | 26.2× | 14.0× | +12% | 35.6% |
| ADIAnalog Devices | $189.5B | 46.4× | 39.5× | 24.1× | 13.7× | +34% | 29.8% |
| QCOMQUALCOMM | $184.7B | 20.4× | 20.2× | 19.0× | 4.2× | +2% | 21.0% |
| TXNTexas Instruments | $260B | 36.9× | 24.1× | 27.0× | 12.5× | +20% | 34.3% |
| LRCXLam Research | $287.9B | 34.3× | 21.2× | 22.6× | 11.0× | +33% | 32.3% |
| AMATApplied Materials | $299.4B | 32.5× | 19.7× | 21.3× | 9.7× | +8% | 30.1% |
| INTCIntel | $438.6B | n/m | 13.3× | 50.0× | 7.7× | +7% | −19.8% |
| TELTE Connectivity | $60.2B | 20.4× | 19.1× | 16.5× | 3.1× | +17% | 15.6% |
| NXPINXP Semiconductors | $59.2B | 20.0× | 22.5× | 14.1× | 4.5× | +9% | 22.6% |
| MPWRMonolithic Power Systems | $56B | 69.8× | 74.4× | 35.1× | 17.1× | +29% | 24.5% |
| Peer median | $189.9B | 34.3× | 21.8× | 23.3× | 10.4× | +14% | 27.1% |
Investors who own it
Investors we follow who held Marvell Technology at the end of Jun 30, 2026, from their 13F filings.
- Lee AinslieMaverick Capital0.0% of portfoliotrimmed
- Baillie GiffordBaillie Gifford0.0% of portfolionew
More on Marvell Technology
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
Its groups
About
- Industry
- Semiconductors
- Sector
- Technology
Valuation data, not investment advice. Prices as of .