Marvell Technology (MRVL) Cost of Revenue (2020 - 2026)
Marvell Technology's (MRVL) quarterly Cost of Revenue came in at $1.3 billion in Q3 2026, up 28.95% year-over-year from $995.5 million in Q3 2025, and up 10.95% quarter-over-quarter from $1.2 billion in Q2 2026.
Analysis
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 $1.3 billion for Q3 2026.
- In Q3 2026, Cost of Revenue rose 28.95% year-over-year to $1.3 billion; the TTM figure through Aug 2026 stood at $4.5 billion (up 12.76% YoY), while the FY2026 annual figure was $4.0 billion, up 18.58% from the prior year.
- Cost of Revenue came in at $1.3 billion for Q3 2026 at Marvell Technology, up from $1.2 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $1.3 billion in Q3 2026 to a low of $633.1 million in Q2 2024.
- Average Cost of Revenue over 5 years is $875.9 million, with a median of $819.8 million recorded in 2023.
- Year-over-year, Cost of Revenue jumped 74.29% in 2022 and slipped 17.19% in 2024.
- Over 5 years, 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 grew by 27.77% to $1.3 billion in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $1.3 billion in Q3 2026, $1.2 billion in Q2 2026, and $1.1 billion in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,133.09 Bn | 5,067.87 Bn | 72.14 Bn | 24.08 Bn |
| 2 | Broadcom | 1,617.10 Bn | 1,593.13 Bn | 20.46 Bn | 9.14 Bn |
| 3 | Advanced Micro Devices | 823.64 Bn | 810.53 Bn | 6.20 Bn | 5.33 Bn |
| 4 | Arm Holdings | 255.67 Bn | 251.79 Bn | 1.25 Bn | 36.00 Mn |
| 5 | Marvell Technology | 198.91 Bn | 194.98 Bn | 1.46 Bn | 1.28 Bn |
| 6 | Qualcomm | 198.67 Bn | 190.37 Bn | 5.28 Bn | 4.67 Bn |
| 7 | Monolithic Power Systems | 56.10 Bn | 54.68 Bn | 541.07 Mn | 439.57 Mn |
| 8 | Astera Labs | 43.53 Bn | 42.28 Bn | 287.57 Mn | 104.83 Mn |
| 9 | Credo Technology Group Holding | 28.01 Bn | 27.24 Bn | 309.08 Mn | 169.92 Mn |
| 10 | Lattice Semiconductor | 14.60 Bn | 14.43 Bn | 141.33 Mn | 59.75 Mn |
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 |