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

Marvell Technology has reported Cost of Revenue for 7 years, with the latest figure 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.
• Over five years, Cost of Revenue peaked at $1.2 billion in Q4 2024 and troughed at $633.1 million in Q2 2024.
• A 5-year average of $853.3 million and a median of $792.2 million in 2023 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2022 and 2024: Cost of Revenue surged 74.29% in 2022, then dropped 17.19% in 2024.
• Over 5 years, Cost of Revenue stood at $760.0 million in 2022, then rose by 14.13% to $867.4 million in 2023, then soared by 34.51% to $1.2 billion in 2024, then decreased by 13.89% to $1.0 billion in 2025, then gained by 15.16% to $1.2 billion in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $1.2 billion, $1.1 billion, and $1.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.