Marvell Technology MRVL
NASDAQ MRVL
$236.10 +9.14 (+4.03%)
At close: Sep 11, 2026 · 4:00 PM EDT

Marvell Technology (MRVL) Free Cash Flow (2020 - 2026)

Marvell Technology's (MRVL) quarterly Free Cash Flow came in at $478.8 million in Q3 2026, up 15.62% year-over-year from $414.1 million in Q3 2025, and down 0.89% quarter-over-quarter from $483.1 million in Q2 2026.

Analysis

Marvell Technology (MRVL) Free Cash Flow (2020 - 2026) Analysis & Trends

Marvell Technology has disclosed Free Cash Flow across 7 years of filings, most recently posting $478.8 million for Q3 2026.

  • In Q3 2026, Free Cash Flow rose 15.62% year-over-year to $478.8 million; the TTM figure through Aug 2026 stood at $1.7 billion (up 12.81% YoY), while the FY2026 annual figure was $1.4 billion, changed 0.01% from the prior year.
  • Free Cash Flow came in at $478.8 million for Q3 2026 at Marvell Technology, down from $483.1 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $508.8 million in Q4 2025 to a low of $1.4 million in Q3 2023.
  • Average Free Cash Flow over 5 years is $325.2 million, with a median of $307.4 million recorded in 2022.
  • Year-over-year, Free Cash Flow slumped 99.46% in 2023 and surged 18342.86% in 2024.
  • Over 5 years, Free Cash Flow stood at $368.3 million in 2022, then climbed by 21.8% to $448.6 million in 2023, then advanced by 2.83% to $461.3 million in 2024, then grew by 10.3% to $508.8 million in 2025, then declined by 5.9% to $478.8 million in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were $478.8 million in Q3 2026, $483.1 million in Q2 2026, and $259.4 million in Q1 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Nvidia 5,260.79 Bn 5,195.56 Bn 72.14 Bn 21.40 Bn
2 Broadcom 1,728.14 Bn 1,704.17 Bn 20.46 Bn 13.67 Bn
3 Advanced Micro Devices 842.32 Bn 829.21 Bn 6.20 Bn 1.56 Bn
4 Arm Holdings 280.94 Bn 277.05 Bn 1.25 Bn 1.10 Bn
5 Marvell Technology 207.04 Bn 203.10 Bn 1.46 Bn 478.80 Mn
6 Qualcomm 192.34 Bn 184.04 Bn 5.28 Bn 495.00 Mn
7 Monolithic Power Systems 60.66 Bn 59.25 Bn 541.07 Mn 145.48 Mn
8 Astera Labs 50.52 Bn 49.27 Bn 287.57 Mn 67.21 Mn
9 Credo Technology Group Holding 30.60 Bn 29.83 Bn 309.08 Mn 80.12 Mn
10 Sitime 16.85 Bn 14.93 Bn 99.14 Mn 27.32 Mn
Historic Data

Historic Data

Download Data
DateValue
Aug 1, 2026 478.80 Mn
May 2, 2026 483.10 Mn
Jan 31, 2026 259.40 Mn
Nov 1, 2025 508.80 Mn
Aug 2, 2025 414.10 Mn
May 3, 2025 214.10 Mn
Feb 1, 2025 444.10 Mn
Nov 2, 2024 461.30 Mn
Aug 3, 2024 258.20 Mn
May 4, 2024 233.00 Mn
Feb 3, 2024 475.60 Mn
Oct 28, 2023 448.60 Mn
Jul 29, 2023 1.40 Mn
Apr 29, 2023 108.60 Mn
Jan 28, 2023 297.50 Mn
Oct 29, 2022 368.30 Mn
Jul 30, 2022 258.90 Mn
Apr 30, 2022 157.90 Mn
Jan 29, 2022 307.40 Mn
Oct 30, 2021 187.90 Mn