---
title: "Marvell Technology: Business Model"
description: "Marvell Technology revenue by product line and geography from its fiscal 2026 Form 10-K, with each part's share, growth and profitability explained."
canonical: https://www.getswoopr.com/stocks/companies/marvell-technology/business-model/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Marvell Technology: Business Model & Revenue Engine

## Direct Answer

Marvell Technology reports revenue across 2 product and service lines in its fiscal 2026 Form 10-K. Data Center is the largest, with $6.1 billion of revenue (74% of the total), followed by Communications and Other at $2.1 billion (26%). 14% of revenue came from the United States.

## How Does Marvell Technology Make Money?

Data Center supplies 74% of revenue, so Marvell Technology's results move mostly with that one business; the others matter more for diversification than for the headline number. Between fiscal 2025 and 2026, Data Center grew fastest (+46.5%) and Communications and Other slowest (+30.6%), so the revenue mix tilts toward Data Center while that gap lasts.

| Product or service | FY2026 revenue | FY2025 revenue | Share of revenue | Change |
| --- | --- | --- | --- | --- |
| Data Center | $6.1 billion | $4.2 billion | 74.4% | 46.5% |
| Communications and Other | $2.1 billion | $1.6 billion | 25.6% | 30.6% |

![Bar chart of Marvell Technology revenue by product line for fiscal 2026: Data Center 74.4%, Communications and Other 25.6%.](https://www.getswoopr.com/images/charts/marvell-technology-business-model-segment-mix.webp)
*Marvell Technology revenue by product line as a share of total revenue, from the table above. The largest is highlighted. Select the chart to open it full size.*

## Where Does Marvell Technology's Revenue Come From?

Regions follow the definitions in the filing; most companies assign revenue by customer location.

| Region | FY2026 revenue | FY2025 revenue | Share of revenue | Change |
| --- | --- | --- | --- | --- |
| China | $3.0 billion | $2.5 billion | 36.2% | 18.4% |
| Other countries | $2.4 billion | $1.7 billion | 29.2% | 37.4% |
| Taiwan | $1.7 billion | $561 million | 20.2% | 195.6% |
| United States | $1.2 billion | $957 million | 14.3% | 22.7% |

## What the Segment Figures Do Not Show

The rows above add up to 100% of Marvell Technology's reported revenue for fiscal 2026; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.

## Where These Numbers Come From

Every figure on this page is a value Marvell Technology reported in the segment note and revenue disclosures of its Form 10-K filed March 11, 2026 (accession 0001835632-26-000011), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.

Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2026; it is not a forecast or a recommendation.

## Frequently Asked Questions

### What are Marvell Technology's main products and services?

In its fiscal 2026 Form 10-K, Marvell Technology reports revenue for Data Center and Communications and Other.

### Which part of Marvell Technology brings in the most revenue?

Data Center, with $6.1 billion of revenue in fiscal 2026, or 74% of the total.

### How much of Marvell Technology's revenue comes from outside the United States?

86% in fiscal 2026, by the geographic breakdown Marvell Technology reports in its Form 10-K. Companies assign revenue to regions differently (customer location, shipping address or selling entity), so check the filing's definition before comparing companies.

## References

- [SEC EDGAR: Marvell Technology, Inc. Form 10-K filed March 11, 2026](https://www.sec.gov/Archives/edgar/data/1835632/000183563226000011/mrvl-20260131.htm)
- [SEC EDGAR: Marvell Technology, Inc. annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1835632&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)
- [SEC: Financial Statement Data Sets](https://www.sec.gov/data-research/sec-markets-data/financial-statement-data-sets)

## Related Pages

- [Marvell Technology company dossier](https://www.getswoopr.com/stocks/companies/marvell-technology/)
- [Marvell Technology financial metrics](https://www.getswoopr.com/stocks/companies/marvell-technology/metrics/)
- [Marvell Technology financial risk indicators](https://www.getswoopr.com/stocks/companies/marvell-technology/risks/)
- [Marvell Technology peer comparison](https://www.getswoopr.com/stocks/companies/marvell-technology/competitors/)
- [Marvell Technology business model and revenue mix](https://www.getswoopr.com/stocks/companies/marvell-technology/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).