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

Marvell Technology (MRVL) posted Operating Margin of 14.04% for Q2 2026, down 22.98% sequentially from 18.23% in Q1 2026, and down 24.0% YoY from 18.47% in Q2 2025.

Marvell Technology (MRVL) Operating Margin (2020 - 2026) Analysis & Trends

Marvell Technology (MRVL) has 7 years of Operating Margin data on file, last reported at 14.04% in Q2 2026.

  • Quarterly Operating Margin fell 24.0% year-over-year to 14.04% in Q2 2026, while the trailing twelve-month figure through May 2026 was 15.97% (up 2054.0% YoY) and the FY2026 annual result came in at 16.14%, up 2863.0% from the prior year.
  • Operating Margin eased to 14.04% in Q2 2026 per MRVL's latest filing, from 18.23% in the prior quarter.
  • The five-year high for Operating Margin was 18.23% in Q1 2026, with the low at 46.36% in Q4 2024.
  • Average Operating Margin over 5 years is 0.03%, with a median of 2.58% recorded in 2022.
  • Year-over-year, Operating Margin tumbled 3604 bps in 2024 and surged 6360 bps in 2025.
  • Marvell Technology's Operating Margin stood at 6.88% in 2022, then slumped by 250 bps to 10.31% in 2023, then sank by 349 bps to 46.36% in 2024, then surged by 137 bps to 17.25% in 2025, then slipped by 19 bps to 14.04% in 2026.
  • Business Quant data shows MRVL's Operating Margin at 14.04% in Q2 2026, 18.23% in Q1 2026, and 17.25% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Nvidia 4,798.43 Bn 4,754.95 Bn 61.16 Bn 65.60%
2 Micron Technology 1,164.41 Bn 1,138.39 Bn 35.06 Bn 80.37%
3 Advanced Micro Devices 882.18 Bn 869.83 Bn 5.42 Bn 14.40%
4 Intel 645.64 Bn 626.45 Bn 5.35 Bn -23.10%
5 Aeluma 370.26 Bn 370.22 Bn 386,000.00 -273.90%
6 Arm Holdings 358.73 Bn 355.13 Bn 1.46 Bn 29.40%
7 Texas Instruments 271.25 Bn 266.15 Bn 2.80 Bn 37.47%
8 Marvell Technology 239.95 Bn 236.10 Bn 1.26 Bn 14.04%
9 Qualcomm 193.93 Bn 184.13 Bn 4.16 Bn 25.49%
10 Analog Devices 189.67 Bn 186.23 Bn 2.44 Bn 38.08%

Historic Data

Download Data
DateValue
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%