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

Marvell Technology's Operating Expenses history runs 7 years deep, the most recent figure standing at $743.5 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 8.99% year-over-year to $743.5 million; the TTM figure through Jan 2026 stood at $2.9 billion (down 7.89% YoY), while the FY2026 annual figure was $2.9 billion, down 7.89% from the prior year.
• Operating Expenses came in at $743.5 million for Q1 2026 at Marvell Technology, up from $712.0 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.
• A 5-year average of $719.0 million and a median of $697.4 million in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses surged 54.13% in 2022 and slumped 32.33% in 2025, its largest moves.
• Marvell Technology's Operating Expenses stood at $671.5 million in 2022, then rose by 3.87% to $697.5 million in 2023, then soared by 50.85% to $1.1 billion in 2024, then plunged by 32.33% to $712.0 million in 2025, then gained by 4.42% to $743.5 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $743.5 million, $712.0 million, and $720.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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