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
DateValue
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%