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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |