Marvell Technology (MRVL) Operating Margin (2020 - 2026)
Marvell Technology's (MRVL) quarterly Operating Margin came in at 14.04% in Q2 2026, down 24.0% year-on-year from 18.47% in Q2 2025, and down 22.98% quarter-over-quarter from 18.23% in Q1 2026.
Marvell Technology (MRVL) Operating Margin (2020 - 2026) Analysis & Trends
Marvell Technology has disclosed Operating Margin across 7 years of filings, most recently posting 14.04% for Q2 2026.
- Operating Margin for Q2 2026 came in at 14.04%, down 24.0% year-over-year; the trailing twelve-month figure through May 2026 was 15.97% (up 2054.0% YoY), and the FY2026 annual result was 16.14%, up 2863.0% from the prior year.
- Operating Margin came in at 14.04% for Q2 2026 at Marvell Technology, down from 18.23% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 18.23% in Q1 2026 to a low of 46.36% in Q4 2024.
- The 5-year median for Operating Margin is 2.58% (2022), against an average of 0.03%.
- Across the five-year window, Operating Margin sank 3604 bps in 2024 and jumped 6360 bps in 2025, its largest moves.
- Marvell Technology's Operating Margin stood at 6.88% in 2022, then sank by 250 bps to 10.31% in 2023, then plunged by 349 bps to 46.36% in 2024, then surged by 137 bps to 17.25% in 2025, then fell by 19 bps to 14.04% in 2026.
- The last three Operating Margin figures came in at 14.04% (Q2 2026), 18.23% (Q1 2026), and 17.25% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,119.49 Bn | 5,076.01 Bn | 61.16 Bn | 65.60% |
| 2 | Broadcom | 1,946.04 Bn | 1,926.41 Bn | 15.42 Bn | 48.62% |
| 3 | Micron Technology | 1,288.71 Bn | 1,274.12 Bn | 17.76 Bn | 67.62% |
| 4 | Taiwan Semiconductor Manufacturing | 1,080.21 Bn | 983.26 Bn | 23.77 Bn | 58.10% |
| 5 | Advanced Micro Devices | 879.94 Bn | 867.59 Bn | 5.42 Bn | 14.40% |
| 6 | Intel | 681.83 Bn | 662.64 Bn | 5.35 Bn | -23.10% |
| 7 | Texas Instruments | 293.38 Bn | 288.27 Bn | 2.80 Bn | 37.47% |
| 8 | Marvell Technology | 274.06 Bn | 270.21 Bn | 1.26 Bn | 14.04% |
| 9 | Qualcomm | 241.64 Bn | 231.84 Bn | 4.16 Bn | 25.49% |
| 10 | Analog Devices | 212.24 Bn | 208.80 Bn | 2.44 Bn | 38.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 14.04% |
| Jan 31, 2026 | 18.23% |
| Nov 1, 2025 | 17.25% |
| Aug 2, 2025 | 14.46% |
| May 3, 2025 | 14.28% |
| Feb 1, 2025 | 12.94% |
| Nov 2, 2024 | -46.36% |
| Aug 3, 2024 | -7.89% |
| May 4, 2024 | -13.12% |
| Feb 3, 2024 | -2.33% |
| Oct 28, 2023 | -10.31% |
| Jul 29, 2023 | -15.34% |
| Apr 29, 2023 | -13.80% |
| Jan 28, 2023 | 1.64% |
| Oct 29, 2022 | 6.88% |
| Jul 30, 2022 | 2.58% |
| Apr 30, 2022 | 4.82% |
| Jan 29, 2022 | 2.58% |
| Oct 30, 2021 | -2.76% |
| Jul 31, 2021 | -24.79% |