Direct Answer
Marvell Technology reported revenue of $8.2 billion for the fiscal year ended January 31, 2026, with an operating margin of 16.1% and net income of $2.7 billion, according to its SEC filings. Revenue grew 42.1% from the prior year.
What Are Marvell Technology's Key Financial Figures?
| Fiscal year | FY2026 ended January 31, 2026 | FY2025 ended February 1, 2025 | FY2024 ended February 3, 2024 | FY2023 ended January 28, 2023 |
|---|---|---|---|---|
| Revenue | $8.2 billion | $5.8 billion | $5.5 billion | $5.9 billion |
| Operating income | $1.3 billion | -$720 million | -$568 million | $238 million |
| Operating margin | 16.1% | -12.5% | -10.3% | 4.0% |
| Net income | $2.7 billion | -$885 million | -$933 million | -$164 million |
| Net margin | 32.6% | -15.3% | -16.9% | -2.8% |
| Operating cash flow | $1.8 billion | $1.7 billion | $1.4 billion | $1.3 billion |
| Capital expenditures | $354 million | $285 million | $336 million | $206 million |
| Free cash flow | $1.4 billion | $1.4 billion | $1.0 billion | $1.1 billion |
Operating margin widened by 28.6 percentage points between fiscal 2025 and 2026, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $1.4 billion against net income of $2.7 billion; cash generation fell short of reported earnings, which is worth reconciling in the cash flow statement.
What Does Marvell Technology's Balance Sheet Show?
| Cash and cash equivalents | $2.6 billion |
|---|---|
| Long-term debt | $4.0 billion |
| Total assets | $22.3 billion |
| Total liabilities | $8.0 billion |
| Shareholders' equity | $14.3 billion |
| Current ratio | 2.0x |
Balance sheet values are as of the end of fiscal 2026. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.
Where These Numbers Come From
Every figure on this page is a value Marvell Technology reported in its own SEC filings, read from the SEC's XBRL data (accession 0001835632-26-000011 for fiscal year 2026). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.
Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.
Frequently Asked Questions
What was Marvell Technology's revenue in fiscal 2026?
Marvell Technology reported revenue of $8.2 billion for the fiscal year ended January 31, 2026, according to its SEC filings.
What is Marvell Technology's operating margin?
Marvell Technology's operating margin was 16.1% in fiscal 2026: operating income of $1.3 billion on revenue of $8.2 billion.
How much free cash flow did Marvell Technology generate?
Operating cash flow of $1.8 billion less capital expenditures of $354 million gives free cash flow of $1.4 billion for fiscal 2026.