Marvell Technology MRVL Revenue Breakdown

NASDAQ MRVL
$271.48 -3.13 (-1.14%)
As of: Oct 9, 2026 · 12:35 PM EDT
Annual revenue breakdowns for Marvell Technology, fiscal 2020 to 2026, as reported in its filings.
Annual history

Marvell Technology Revenue by Geography

Years FY 2020–2026
Lines 4
FY 2026 Total $8.19B

China was Marvell Technology’s largest region in fiscal 2026, bringing in $2.97B of $8.19B (36%).

Marvell Technology revenue by geography, fiscal 2020 to 2026
Geography FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
China $2.49B $2.37B $2.51B $2.97B
Other $887.80M $2.18B $1.74B $2.39B
United States $690.10M $795.60M $956.90M $1.17B
Taiwan $289.00M $161.90M $560.70M $1.66B
Total $5.92B $5.51B $5.77B $8.19B
Totals include 7 discontinued lines from earlier reporting.

Marvell Technology revenue by geography: what the figures show

Marvell Technology brought in $8.19B from its four regions in fiscal 2026, the year ended January 31, 2026. That was up 42.1% from $5.77B in fiscal 2025. China was the largest at $2.97B (36.2%), ahead of Other at $2.39B (29.2%) and Taiwan at $1.66B (20.2%). The remaining region, United States, brought in $1.17B.

Compared with fiscal 2025, Taiwan grew fastest, up 195.6% to $1.66B. Every region above 2% of revenue grew.

Marvell Technology stopped reporting Malaysia ($393.20M in fiscal 2023), Thailand ($391.90M in fiscal 2023), Singapore ($331.70M in fiscal 2023) and two others as separate regions.

Annual history

Marvell Technology Revenue by Product & Service

Years FY 2020–2026
Lines 2
FY 2026 Total $8.19B

Data Center was Marvell Technology’s largest product and service line in fiscal 2026, bringing in $6.10B of $8.19B (74%).

Marvell Technology revenue by product and service, fiscal 2020 to 2026
Product and Service FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Data Center $2.41B $2.22B $4.16B $6.10B
Communications & Other — $3.29B $1.60B $2.09B
Total $5.92B $5.51B $5.77B $8.19B
Totals include 4 discontinued lines from earlier reporting.

Marvell Technology revenue by product and service: what the figures show

Marvell Technology brought in $8.19B from its two product and service lines in fiscal 2026, the year ended January 31, 2026. That was up 42.1% from $5.77B in fiscal 2025. Data Center was the largest at $6.10B (74.4%), ahead of Communications & Other at $2.09B (25.6%).

Compared with fiscal 2025, Data Center grew 46.5% to $6.10B and Communications & Other grew 30.6% to $2.09B.

Marvell Technology began breaking out Communications & Other in fiscal 2024, when it brought in $3.29B. Marvell Technology stopped reporting Enterprise Networking ($1.37B in fiscal 2023), Carrier Infrastructure ($1.08B in fiscal 2023), Consumer ($701.10M in fiscal 2023) and one other as separate lines.

Annual history

Marvell Technology Revenue by Contract with Customer, Sales Channel

Years FY 2020–2026
Lines 2
FY 2026 Total $8.19B

Direct Customers was Marvell Technology’s largest revenue line in fiscal 2026, bringing in $4.63B of $8.19B (57%).

Marvell Technology revenue by contract with customer, sales channel, fiscal 2020 to 2026
Contract with Customer, Sales Channel FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Direct Customers $3.95B $3.47B $3.31B $4.63B
Distributors $1.97B $2.04B $2.46B $3.56B
Total $5.92B $5.51B $5.77B $8.19B

Marvell Technology revenue by contract with customer, sales channel: what the figures show

Marvell Technology brought in $8.19B from its two revenue lines in fiscal 2026, the year ended January 31, 2026. That was up 42.1% from $5.77B in fiscal 2025. Direct Customers was the largest at $4.63B (56.5%), ahead of Distributors at $3.56B (43.5%).

Compared with fiscal 2025, Distributors grew 45.0% to $3.56B and Direct Customers grew 39.9% to $4.63B. From fiscal 2023 to 2026, combined revenue from these revenue lines grew from $5.92B to $8.19B, a compound annual growth rate of 11.4%. Direct Customers' share of the total fell from 66.7% to 56.5%.

Questions

Marvell Technology Revenue Breakdown FAQ

How does Marvell Technology make money?

Marvell Technology (MRVL) reports its revenue by geography, by product and service and by contract with customer, sales channel. In fiscal 2026, China was its largest region, bringing in $2.97B (36.2% of the total), followed by Other at $2.39B (29.2%).

What is Marvell Technology's largest region?

China was Marvell Technology's largest region in fiscal 2026, bringing in $2.97B, or 36.2% of the $8.19B total across its four regions.

What is Marvell Technology's largest product and service line?

Data Center was Marvell Technology's largest product and service line in fiscal 2026, bringing in $6.10B, or 74.4% of the $8.19B total across its two product and service lines.

What is Marvell Technology's largest revenue line?

Direct Customers was Marvell Technology's largest revenue line in fiscal 2026, bringing in $4.63B, or 56.5% of the $8.19B total across its two revenue lines.

Which Marvell Technology region is growing the fastest?

Among Marvell Technology's regions that make up at least 2% of revenue, Taiwan grew fastest in fiscal 2026, up 195.6% from $560.70M to $1.66B.

Where does this revenue breakdown data come from?

Every figure comes from Marvell Technology's annual financial filings, as reported. Each line keeps the name Marvell Technology gives it, and years follow its fiscal calendar.

How far back does Marvell Technology's revenue breakdown go?

Marvell Technology's revenue by geography goes back to fiscal 2020, with figures through fiscal 2026. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.