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| 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% |