Marvell Technology (MRVL) FCF Margin (2020 - 2026)
Marvell Technology's (MRVL) quarterly FCF Margin came in at 19.98% in Q2 2026, up 868.0% year-on-year from 2.06% in Q2 2025, and up 70.9% quarter-over-quarter from 11.69% in Q1 2026.
Marvell Technology (MRVL) FCF Margin (2020 - 2026) Analysis & Trends
Marvell Technology has disclosed FCF Margin across 7 years of filings, most recently posting 19.98% for Q2 2026.
- FCF Margin for Q2 2026 came in at 19.98%, up 868.0% year-over-year; the trailing twelve-month figure through May 2026 was 19.1% (down 208.0% YoY), and the FY2026 annual result was 17.04%, down 718.0% from the prior year.
- FCF Margin came in at 19.98% for Q2 2026 at Marvell Technology, up from 11.69% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 33.34% in Q1 2024 to a low of 0.1% in Q3 2023.
- The 5-year median for FCF Margin is 20.46% (2024), against an average of 19.58%.
- Across the five-year window, FCF Margin plunged 1696 bps in 2023 and soared 2018 bps in 2024, its largest moves.
- Marvell Technology's FCF Margin stood at 23.96% in 2022, then surged by 32 bps to 31.62% in 2023, then fell by 4 bps to 30.43% in 2024, then decreased by 19 bps to 24.53% in 2025, then dropped by 19 bps to 19.98% in 2026.
- The last three FCF Margin figures came in at 19.98% (Q2 2026), 11.69% (Q1 2026), and 24.53% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,119.49 Bn | 5,076.01 Bn | 61.16 Bn | 59.53% |
| 2 | Broadcom | 1,946.04 Bn | 1,926.41 Bn | 15.42 Bn | 46.25% |
| 3 | Micron Technology | 1,288.71 Bn | 1,274.12 Bn | 17.76 Bn | 23.12% |
| 4 | Taiwan Semiconductor Manufacturing | 1,080.21 Bn | 983.26 Bn | 23.77 Bn | - |
| 5 | Advanced Micro Devices | 879.94 Bn | 867.59 Bn | 5.42 Bn | 25.61% |
| 6 | Intel | 681.83 Bn | 662.64 Bn | 5.35 Bn | -6.28% |
| 7 | Texas Instruments | 293.38 Bn | 288.27 Bn | 2.80 Bn | 17.49% |
| 8 | Marvell Technology | 274.06 Bn | 270.21 Bn | 1.26 Bn | 19.98% |
| 9 | Qualcomm | 241.64 Bn | 231.84 Bn | 4.16 Bn | 21.15% |
| 10 | Analog Devices | 212.24 Bn | 208.80 Bn | 2.44 Bn | 20.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 19.98% |
| Jan 31, 2026 | 11.69% |
| Nov 1, 2025 | 24.53% |
| Aug 2, 2025 | 20.64% |
| May 3, 2025 | 11.30% |
| Feb 1, 2025 | 24.44% |
| Nov 2, 2024 | 30.43% |
| Aug 3, 2024 | 20.28% |
| May 4, 2024 | 20.07% |
| Feb 3, 2024 | 33.34% |
| Oct 28, 2023 | 31.62% |
| Jul 29, 2023 | 0.10% |
| Apr 29, 2023 | 8.22% |
| Jan 28, 2023 | 20.97% |
| Oct 29, 2022 | 23.96% |
| Jul 30, 2022 | 17.07% |
| Apr 30, 2022 | 10.91% |
| Jan 29, 2022 | 22.89% |
| Oct 30, 2021 | 15.51% |
| Jul 31, 2021 | 17.65% |