Marvell Technology (MRVL) Cost of Revenue (2020 - 2026)
Marvell Technology (MRVL) posted Cost of Revenue of $1.28 billion for fiscal Q2 2027 (quarter ended Aug 1, 2026), up 29.0% from $995.5 million a year earlier and up 11.0% from the prior quarter.
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Analysis
Marvell Technology (MRVL) Cost of Revenue (2020 - 2026) Analysis & Trends
For the trailing twelve months through Aug 1, 2026, Cost of Revenue at Marvell Technology was $4.52 billion, up 12.8% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $4.01 billion, up 18.6% from FY2025.
- Annual Cost of Revenue has increased for six consecutive fiscal years, with a five-year compound annual growth rate of 22.1% (FY2021 to FY2026).
- In prior fiscal years, Marvell Technology's Cost of Revenue was $3.39 billion in FY2025 (+5.3%), $3.21 billion in FY2024 (+9.6%), $2.93 billion in FY2023 (+22.3%) and $2.4 billion in FY2022 (+62.0%).
- The fiscal Q2 2027 figure stands as the highest quarterly Cost of Revenue in data going back to fiscal Q1 2021.
- On a year-over-year basis, Cost of Revenue has increased in each of the last three quarters, with growth averaging 25.4% over the last eight quarters.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was fiscal Q4 2022, with growth of 74.3%; the weakest was fiscal Q1 2025, with a decline of 17.2%.
- According to Business Quant data, Cost of Revenue for the three prior fiscal quarters was $1.16 billion (Q1 2027), $1.07 billion (Q4 2026) and $1 billion (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,547.98 Bn | 5,322.14 Bn | 72.14 Bn | 24.08 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,335.83 Bn | 1,950.53 Bn | 27.22 Bn | 12.97 Bn |
| 3 | Broadcom | 1,728.37 Bn | 1,654.41 Bn | 20.46 Bn | 9.14 Bn |
| 4 | Micron Technology | 1,159.62 Bn | 1,098.38 Bn | 35.06 Bn | 6.40 Bn |
| 5 | Advanced Micro Devices | 995.54 Bn | 952.28 Bn | 6.20 Bn | 5.33 Bn |
| 6 | Asml Holding | 691.37 Bn | 647.20 Bn | 5.90 Bn | 5.41 Bn |
| 7 | Intel | 538.59 Bn | 407.73 Bn | 6.51 Bn | 9.62 Bn |
| 8 | Applied Materials | 404.43 Bn | 369.87 Bn | 4.59 Bn | 4.53 Bn |
| 9 | Lam Research | 401.76 Bn | 378.56 Bn | 3.48 Bn | 3.24 Bn |
| 10 | Marvell Technology | 243.62 Bn | 230.49 Bn | 1.46 Bn | 1.28 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 1.28 Bn |
| May 2, 2026 | 1.16 Bn |
| Jan 31, 2026 | 1.07 Bn |
| Nov 1, 2025 | 1.00 Bn |
| Aug 2, 2025 | 995.50 Mn |
| May 3, 2025 | 942.90 Mn |
| Feb 1, 2025 | 900.00 Mn |
| Nov 2, 2024 | 1.17 Bn |
| Aug 3, 2024 | 685.30 Mn |
| May 4, 2024 | 633.10 Mn |
| Feb 3, 2024 | 762.40 Mn |
| Oct 28, 2023 | 867.40 Mn |
| Jul 29, 2023 | 819.80 Mn |
| Apr 29, 2023 | 764.50 Mn |
| Jan 28, 2023 | 745.20 Mn |
| Oct 29, 2022 | 760.00 Mn |
| Jul 30, 2022 | 730.90 Mn |
| Apr 30, 2022 | 696.00 Mn |
| Jan 29, 2022 | 656.60 Mn |
| Oct 30, 2021 | 623.40 Mn |
API Access
Marvell Technology Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MRVL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "MRVL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MRVL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();