To the full analysis
Marvell Technology stock: growth
MRVLMarvell Technology reported $8.19B in revenue for fiscal 2026, up 42.1% on the prior year, up 22.5% a year on average over up to five years.
Daily figure as of 12 Nov 2026
Revenue (Annual rate)
7.1%
per year from 2007 to 2026, per share 4.9%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
12.5%
per year from 2007 to 2026, per share 10.3%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2021 | since 2016 | since 2007 | |
|---|---|---|---|
| Revenue | 22.5% | 12.0% | 7.1% |
| Revenue per share | 16.5% | 6.2% | 4.9% |
| Earnings | no data | no data | no data |
| Earnings per share | no data | no data | no data |
| Free cash flow | 14.9% | 25.0% | 12.5% |
| Free cash flow per share | 9.2% | 18.6% | 10.3% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2007 | $2.24B | −$12.1M | $148.59M |
| 2008 | $2.89B | −$114.43M | $40.72M |
| 2009 | $2.95B | $147.24M | $602.24M |
| 2010 | $2.81B | $353.46M | $756.1M |
| 2011 | $3.61B | $904.13M | $1.08B |
| 2012 | $3.39B | $615.09M | $668.65M |
| 2013 | $3.17B | $306.59M | $625.85M |
| 2014 | $3.4B | $315.32M | $363.8M |
| 2015 | $3.64B | $435.35M | $649.48M |
| 2016 | $2.65B | −$811.4M | $149.62M |
| 2017 | $2.3B | $21.15M | −$413.25M |
| 2018 | $2.41B | $432.43M | $525.98M |
| 2019 | $2.87B | −$179.09M | $509.28M |
| 2020 | $2.7B | $1.58B | $273.66M |
| 2021 | $2.97B | −$277.3M | $697.8M |
| 2022 | $4.46B | −$421M | $632.4M |
| 2023 | $5.92B | −$163.5M | $1.07B |
| 2024 | $5.51B | −$933.4M | $1.02B |
| 2025 | $5.77B | −$885M | $1.39B |
| 2026 | $8.19B | $2.67B | $1.4B |
Revenue by segment
How Marvell Technology, Inc. makes its money and how that has shifted. Names are as the company reports them.
- Data center$6.1B74%
- Communications and other$2.1B26%
The company split earlier years differently. A history would not be comparable, so only 2026 is shown.
Figures as a table
| 2026 | Share 2026 | |
|---|---|---|
| Data center | $6.1B | 74.4% |
| Communications and other | $2.09B | 25.6% |
| Total revenue | $8.19B | 100% |
Revenue by region
Where Marvell Technology, Inc. generates its revenue.
- China$3.0B36%
- Taiwan$1.7B20%
- United States$1.2B14%
- Other$2.4B29%
“Other” combines smaller regions with revenue the company does not assign to a region. The company split earlier years differently. A history would not be comparable, so only 2026 is shown.
Figures as a table
| 2026 | Share 2026 | |
|---|---|---|
| China | $2.97B | 36.2% |
| Taiwan | $1.66B | 20.2% |
| United States | $1.17B | 14.3% |
| Other | $2.39B | 29.2% |
| Total revenue | $8.19B | 100% |
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 11 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Jan 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 5 Dec 2025)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.