Marvell Technology (MRVL) FCF Margin (2020 - 2026)

Marvell Technology (MRVL) posted FCF Margin of 19.98% for Q2 2026, up 70.9% sequentially from 11.69% in Q1 2026, and up 868.0% YoY from 2.06% in Q2 2025.

Marvell Technology (MRVL) FCF Margin (2020 - 2026) Analysis & Trends

Marvell Technology has reported FCF Margin for 7 years, with the latest figure at 19.98% in Q2 2026.

  • Quarterly FCF Margin rose 868.0% year-over-year to 19.98% in Q2 2026, while the trailing twelve-month figure through May 2026 was 19.1% (down 208.0% YoY) and the FY2026 annual result came in at 17.04%, down 718.0% from the prior year.
  • FCF Margin grew to 19.98% in Q2 2026 per MRVL's latest filing, from 11.69% in the prior quarter.
  • Over five years, FCF Margin peaked at 33.34% in Q1 2024 and troughed at 0.1% in Q3 2023.
  • A 5-year average of 19.58% and a median of 20.46% in 2024 frame the typical range for FCF Margin.
  • The sharpest annual moves came in 2023 and 2024: FCF Margin plunged 1696 bps in 2023, then surged 2018 bps in 2024.
  • Over 5 years, FCF Margin stood at 23.96% in 2022, then jumped by 32 bps to 31.62% in 2023, then decreased by 4 bps to 30.43% in 2024, then dropped by 19 bps to 24.53% in 2025, then fell by 19 bps to 19.98% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 19.98%, 11.69%, and 24.53% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Taiwan Semiconductor Manufacturing 10,545.90 Bn 10,447.64 Bn 23.77 Bn 1.47%
2 Nvidia 5,009.72 Bn 4,966.24 Bn 61.16 Bn 59.53%
3 Broadcom 1,857.88 Bn 1,838.25 Bn 15.42 Bn 46.25%
4 Micron Technology 938.47 Bn 912.45 Bn 35.06 Bn 42.36%
5 Advanced Micro Devices 789.52 Bn 777.17 Bn 5.42 Bn 25.61%
6 Intel 463.88 Bn 434.15 Bn 6.51 Bn 27.59%
7 Aeluma 302.44 Bn 302.40 Bn 386,000.00 -63.42%
8 Arm Holdings 254.34 Bn 250.45 Bn 1.25 Bn 85.26%
9 Texas Instruments 245.02 Bn 238.02 Bn 3.35 Bn 40.07%
10 Marvell Technology 170.21 Bn 166.36 Bn 1.26 Bn 19.98%

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%