Marvell Technology (MRVL) Operating Expenses (2020 - 2026)

Marvell Technology has disclosed Operating Expenses across 7 years of filings, most recently posting $921.4 million for Q2 2026.

• Operating Expenses for Q2 2026 came in at $921.4 million, up 35.14% year-over-year; the trailing twelve-month figure through May 2026 was $3.1 billion (changed 0.22% YoY), and the FY2026 annual result was $2.9 billion, down 7.89% from the prior year.
• Operating Expenses came in at $921.4 million for Q2 2026 at Marvell Technology, up from $743.5 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $1.1 billion in Q4 2024 to a low of $650.0 million in Q1 2023.
• The 5-year median for Operating Expenses is $697.4 million (2023), against an average of $730.2 million.
• Across the five-year window, Operating Expenses jumped 54.13% in 2022 and tumbled 32.33% in 2025, its largest moves.
• Marvell Technology's Operating Expenses stood at $671.5 million in 2022, then increased by 3.87% to $697.5 million in 2023, then surged by 50.85% to $1.1 billion in 2024, then sank by 32.33% to $712.0 million in 2025, then increased by 29.41% to $921.4 million in 2026.
• The last three Operating Expenses figures came in at $921.4 million (Q2 2026), $743.5 million (Q1 2026), and $712.0 million (Q4 2025), per Business Quant data.