Marvell Technology (MRVL) Cost of Revenue (2020 - 2026)
Marvell Technology's (MRVL) quarterly Cost of Revenue came in at $1.2 billion in Q2 2026, up 22.71% year-on-year from $942.9 million in Q2 2025, and up 8.05% quarter-over-quarter from $1.1 billion in Q1 2026.
Marvell Technology (MRVL) Cost of Revenue (2020 - 2026) Analysis & Trends
Marvell Technology has disclosed Cost of Revenue across 7 years of filings, most recently posting $1.2 billion for Q2 2026.
- Cost of Revenue for Q2 2026 came in at $1.2 billion, up 22.71% year-over-year; the trailing twelve-month figure through May 2026 was $4.2 billion (up 14.43% YoY), and the FY2026 annual result was $4.0 billion, up 18.58% from the prior year.
- Cost of Revenue came in at $1.2 billion for Q2 2026 at Marvell Technology, up from $1.1 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $1.2 billion in Q4 2024 to a low of $633.1 million in Q2 2024.
- The 5-year median for Cost of Revenue is $792.2 million (2023), against an average of $853.3 million.
- Across the five-year window, Cost of Revenue soared 74.29% in 2022 and decreased 17.19% in 2024, its largest moves.
- Marvell Technology's Cost of Revenue stood at $760.0 million in 2022, then grew by 14.13% to $867.4 million in 2023, then jumped by 34.51% to $1.2 billion in 2024, then fell by 13.89% to $1.0 billion in 2025, then increased by 15.16% to $1.2 billion in 2026.
- The last three Cost of Revenue figures came in at $1.2 billion (Q2 2026), $1.1 billion (Q1 2026), and $1.0 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,119.49 Bn | 5,076.01 Bn | 61.16 Bn | 20.46 Bn |
| 2 | Broadcom | 1,946.04 Bn | 1,926.41 Bn | 15.42 Bn | 4.67 Bn |
| 3 | Micron Technology | 1,288.71 Bn | 1,274.12 Bn | 17.76 Bn | 6.11 Bn |
| 4 | Taiwan Semiconductor Manufacturing | 1,080.21 Bn | 983.26 Bn | 23.77 Bn | 12.11 Bn |
| 5 | Advanced Micro Devices | 879.94 Bn | 867.59 Bn | 5.42 Bn | 4.58 Bn |
| 6 | Intel | 681.83 Bn | 662.64 Bn | 5.35 Bn | 8.23 Bn |
| 7 | Texas Instruments | 293.38 Bn | 288.27 Bn | 2.80 Bn | 2.03 Bn |
| 8 | Marvell Technology | 274.06 Bn | 270.21 Bn | 1.26 Bn | 1.16 Bn |
| 9 | Qualcomm | 241.64 Bn | 231.84 Bn | 4.16 Bn | 4.90 Bn |
| 10 | Analog Devices | 212.24 Bn | 208.80 Bn | 2.44 Bn | 1.18 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 1.16 Bn |
| May 2, 2026 | 1.16 Bn |
| Jan 31, 2026 | 1.07 Bn |
| Jan 31, 2026 | 1.07 Bn |
| Nov 1, 2025 | 1.00 Bn |
| Nov 1, 2025 | 1.00 Bn |
| Aug 2, 2025 | 995.50 Mn |
| Aug 2, 2025 | 995.50 Mn |
| May 3, 2025 | 942.90 Mn |
| May 3, 2025 | 942.90 Mn |
| Feb 1, 2025 | 900.00 Mn |
| Feb 1, 2025 | 900.00 Mn |
| Nov 2, 2024 | 1.17 Bn |
| Nov 2, 2024 | 1.17 Bn |
| Aug 3, 2024 | 685.30 Mn |
| Aug 3, 2024 | 685.30 Mn |
| May 4, 2024 | 633.10 Mn |
| May 4, 2024 | 633.10 Mn |
| Feb 3, 2024 | 762.40 Mn |
| Feb 3, 2024 | 762.40 Mn |