Marvell Technology (MRVL) Net Margin (2020 - 2026)
Marvell Technology (MRVL) recorded Net Margin of 11.24% in fiscal Q2 2027 (quarter ended Aug 1, 2026), up 1.53 percentage points from 9.71% a year earlier and up 9.82 percentage points from the prior quarter.
Marvell Technology (MRVL) Net Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Marvell Technology's Net Margin came in at 27.93% as of Aug 1, 2026, up 29.36 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it was 32.58%, up 47.93 percentage points from FY2025.
- Annual Net Margin has a five-year change of +41.92 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Net Margin came in at -15.35% in FY2025 (+1.60 pp), -16.95% in FY2024 (-14.19 pp), -2.76% in FY2023 (+6.67 pp) and -9.43% in FY2022 (-0.09 pp).
- Quarterly Net Margin has ranged from -44.61% in fiscal Q3 2025 to 91.65% in fiscal Q3 2026 over the past five years.
- On a year-over-year basis, Net Margin rose in six of the last eight quarters, with an average year-over-year change of +24.38 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 136.26 percentage points in fiscal Q3 2026, against a drop of 33.03 percentage points in fiscal Q3 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 1.43% (Q1 2027), 17.85% (Q4 2026) and 91.65% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,556.26 Bn | 5,330.42 Bn | 72.14 Bn | 62.03% |
| 2 | Taiwan Semiconductor Manufacturing | 2,339.04 Bn | 1,953.75 Bn | 27.22 Bn | 55.62% |
| 3 | Broadcom | 1,728.68 Bn | 1,654.72 Bn | 20.46 Bn | 44.23% |
| 4 | Micron Technology | 1,161.84 Bn | 1,100.60 Bn | 35.06 Bn | 68.13% |
| 5 | Advanced Micro Devices | 996.19 Bn | 952.94 Bn | 6.20 Bn | 19.91% |
| 6 | Asml Holding | 692.80 Bn | 648.63 Bn | 5.90 Bn | 29.22% |
| 7 | Intel | 538.27 Bn | 407.40 Bn | 6.51 Bn | -68.41% |
| 8 | Applied Materials | 404.35 Bn | 369.79 Bn | 4.59 Bn | 27.84% |
| 9 | Lam Research | 401.90 Bn | 378.70 Bn | 3.48 Bn | 33.88% |
| 10 | Marvell Technology | 244.61 Bn | 231.48 Bn | 1.46 Bn | 11.24% |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 11.24% |
| May 2, 2026 | 1.43% |
| Jan 31, 2026 | 17.85% |
| Nov 1, 2025 | 91.65% |
| Aug 2, 2025 | 9.71% |
| May 3, 2025 | 9.39% |
| Feb 1, 2025 | 11.02% |
| Nov 2, 2024 | -44.61% |
| Aug 3, 2024 | -15.19% |
| May 4, 2024 | -18.57% |
| Feb 3, 2024 | -27.53% |
| Oct 28, 2023 | -11.58% |
| Jul 29, 2023 | -15.47% |
| Apr 29, 2023 | -12.78% |
| Jan 28, 2023 | -1.09% |
| Oct 29, 2022 | 0.87% |
| Jul 30, 2022 | 0.28% |
| Apr 30, 2022 | -11.45% |
| Jan 29, 2022 | 0.46% |
| Oct 30, 2021 | -5.17% |
Marvell Technology Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=MRVL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "MRVL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=MRVL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();