Marvell Technology MRVL
NASDAQ MRVL
$221.80 +2.98 (+1.36%)
As of: Sep 15, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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