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| 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 |