Marvell Technology (MRVL) Cost of Revenue (2020 - 2026)

Marvell Technology (MRVL) posted Cost of Revenue of $1.2 billion for Q2 2026, up 8.05% sequentially from $1.1 billion in Q1 2026, and up 22.71% YoY from $942.9 million in Q2 2025.

Marvell Technology (MRVL) Cost of Revenue (2020 - 2026) Analysis & Trends

Marvell Technology (MRVL) has 7 years of Cost of Revenue data on file, last reported at $1.2 billion in Q2 2026.

  • Quarterly Cost of Revenue rose 22.71% year-over-year to $1.2 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $4.2 billion (up 14.43% YoY) and the FY2026 annual result came in at $4.0 billion, up 18.58% from the prior year.
  • Cost of Revenue grew to $1.2 billion in Q2 2026 per MRVL's latest filing, from $1.1 billion in the prior quarter.
  • The five-year high for Cost of Revenue was $1.2 billion in Q4 2024, with the low at $633.1 million in Q2 2024.
  • Average Cost of Revenue over 5 years is $853.3 million, with a median of $792.2 million recorded in 2023.
  • Year-over-year, Cost of Revenue jumped 74.29% in 2022 and fell 17.19% in 2024.
  • Marvell Technology's Cost of Revenue stood at $760.0 million in 2022, then gained by 14.13% to $867.4 million in 2023, then jumped by 34.51% to $1.2 billion in 2024, then slipped by 13.89% to $1.0 billion in 2025, then advanced by 15.16% to $1.2 billion in 2026.
  • Business Quant data shows MRVL's Cost of Revenue at $1.2 billion in Q2 2026, $1.1 billion in Q1 2026, and $1.0 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Nvidia 4,798.43 Bn 4,754.95 Bn 61.16 Bn 20.46 Bn
2 Micron Technology 1,164.41 Bn 1,138.39 Bn 35.06 Bn 6.40 Bn
3 Advanced Micro Devices 882.18 Bn 869.83 Bn 5.42 Bn 4.58 Bn
4 Intel 645.64 Bn 626.45 Bn 5.35 Bn 8.23 Bn
5 Aeluma 370.26 Bn 370.22 Bn 386,000.00 836,000.00
6 Arm Holdings 358.73 Bn 355.13 Bn 1.46 Bn 32.00 Mn
7 Texas Instruments 271.25 Bn 266.15 Bn 2.80 Bn 2.03 Bn
8 Marvell Technology 239.95 Bn 236.10 Bn 1.26 Bn 1.16 Bn
9 Qualcomm 193.93 Bn 184.13 Bn 4.16 Bn 4.90 Bn
10 Analog Devices 189.67 Bn 186.23 Bn 2.44 Bn 1.18 Bn

Historic Data

Download Data
DateValue
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