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MRVL Compute / Networking Custom AI silicon + optical interconnect Open in compare

Marvell Technology

Marvell sits in several AI choke points at once: custom accelerators, optical DSPs, interconnect, and scale-up silicon.

Price $186.80 Live
1D Change +5.97% 1 day
Market Cap $163.55B Live
Enterprise Value $165.47B Current
Trailing P/E 60.8 TTM
Forward P/E 34.4 Forward
Price / Sales 20.0 TTM
EV / Revenue 20.2 TTM
Revenue Growth 22.1% YoY latest qtr
Earnings Growth 106.3% YoY latest qtr
Gross Margin 51.0% TTM
Operating Margin 18.7% TTM
Net Margin 32.6% TTM
ROE 19.3% TTM
Free Cash Flow $1.44B TTM
FCF Margin 17.6% TTM
Debt / Equity 0.33x Latest qtr
Current Ratio 2.01x Latest qtr
Dividend Yield 13.00% Annualized
Next Earnings May 27, 2026 Calendar

Metric timing

This page mixes live market data, trailing fundamentals, and latest reported statement data.

Live / market snapshot

Price, 1D change, market cap, and enterprise value are current market-based figures.

TTM / forward

Most valuation and margin cards are trailing twelve months, while forward P/E uses forward consensus.

Latest quarter / dividend cadence

Balance-sheet ratios use the latest reported quarter. Dividend cadence is inferred from recent payout history.

Revenue $8.19B Jan 31, 2026

latest annual revenue

Revenue $2.22B Jan 31, 2026

latest quarterly revenue

Net Income $2.67B Jan 31, 2026

latest annual profit

Net Income $396.1M Jan 31, 2026

latest quarterly profit

Dividend / Share $0.24 Quarterly

annualized per share

Last Dividend $0.06 Apr 10, 2026

latest ex-dividend cash amount

Price chart

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Latest headlines

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Why it could benefit going forward

  • Marvell sits in several AI choke points at once: custom accelerators, optical DSPs, interconnect, and scale-up silicon.
  • Hyperscalers building custom AI systems need merchant partners that can help on both compute-adjacent silicon and connectivity.
  • That gives Marvell exposure to the parts of the AI factory that keep getting more complex as clusters scale.

Moat / edge

  • Deep hyperscaler and OEM relationships in complex infrastructure silicon.
  • A differentiated portfolio spanning custom silicon, networking, and optical components.
  • Engineering credibility in performance-sensitive infrastructure markets.

What to watch

  • Custom AI program ramps and customer concentration.
  • Optical interconnect demand versus electrical alternatives.
  • Gross-margin durability as AI mix grows.

Key risks

  • Large design wins can be lumpy and take time to ramp.
  • Execution matters when the thesis depends on several advanced product categories at once.

Business snapshot

Marvell Technology, Inc., together with its subsidiaries, provides data infrastructure semiconductor solutions and spanning the data center core to network edge in the United States, Argentina, China, India, Israel, Japan, Singapore, South Korea, Taiwan, Vietnam, and internationally. The company develops and scales system-on-a-chip architectures, integrating analog, mixed-signal, and digital signal processing functionality. It offers a portfolio of ethernet solutions, including spanning controllers, network adapters, physical transceivers, and switches; single or multiple core processors; and custom application specific integrated circuits, interconnects, fibre channel adapters, and processors. The company also provides interconnect products, including pulse amplitude modulation, coherent and coherent-lite digital signal processors (DSPs), laser drivers, trans-impedance amplifiers, silicon photonics, co-packaged optics, linear pluggable optics chipsets, data center interconnect, active electrical cable DSPs and peripheral component interconnect express retimer solutions; fibre channel products comprising host bus adapters and controllers for server and storage system connectivity; storage controllers for hard disk drives and solid-state-drives; host system interfaces, including serial advanced technology attachment and serial attached SCSI, peripheral component interconnect express, compute express link switches, non-volatile memory express (NVMe), and NVMe over fabrics; and develops ultra accelerator linkTM switches and ethernet for scale-up networking switches. The company serves data centers, communications, and other markets. It offers its products through direct customers and distributors. Marvell Technology, Inc. was incorporated in 1995 and is headquartered in Wilmington, Delaware.