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

Marvell Technology has disclosed Operating Expenses across 7 years of filings, most recently posting $995.9 million for Q3 2026.

• In Q3 2026, Operating Expenses rose 38.22% year-over-year to $995.9 million; the TTM figure through Aug 2026 stood at $3.4 billion (up 7.53% YoY), while the FY2026 annual figure was $2.9 billion, down 7.89% from the prior year.
• Operating Expenses came in at $995.9 million for Q3 2026 at Marvell Technology, up from $921.4 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.
• Average Operating Expenses over 5 years is $744.2 million, with a median of $697.5 million recorded in 2023.
• Year-over-year, Operating Expenses surged 54.13% in 2022 and slumped 32.33% in 2025.
• Over 5 years, 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 tumbled by 32.33% to $712.0 million in 2025, then soared by 39.87% to $995.9 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $995.9 million in Q3 2026, $921.4 million in Q2 2026, and $743.5 million in Q1 2026.