MRVL

Marvell Technology, Inc.

Ticker: MRVLTechnologySemiconductors
HQ WILMINGTON, DECIK 1835632FY end 01-30Book / share $20.39Shares 893M
Revenue (FY)
$8.19B+42.09%
TTM $8.72B
Op. margin
16.14%+28.63%
TTM 15.97%
Net income
$2.67B+401.71%
TTM $2.53B
Operating cash
$1.75B+4.12%
TTM $2.06B
Free cash flow
$1.40B-0.01%
TTM $1.67B
Return on equity
18.76%+22.68%
TTM 13.87%
Debt / equity
0.31+0.01%
TTM 0.27
Shares outstanding
869.7M+0.49%
TTM 893.3M

The business

Marvell Technology, Inc. (NASDAQ: MRVL) is a leading supplier of data infrastructure semiconductor solutions that span from the data center core to the network edge. The company operates as a fabless semiconductor designer, leveraging core strengths in developing and scaling complex System-on-a-Chip architectures that integrate analog, mixed-signal, and digital signal processing functionality. Marvell's website is www.marvell.com.

The company serves two primary end markets: data center and communications and other. In fiscal 2026, data center represented 74 percent of total revenue at $6.1 billion, while communications and other accounted for 26 percent at $2.1 billion, reflecting Marvell's strategic pivot toward high-growth AI and cloud infrastructure markets. The data center segment encompasses cloud and on-premise AI systems, ethernet switching, network-attached storage, servers, storage systems, and data center interconnect solutions. The communications and other segment includes enterprise networking, carrier infrastructure, consumer products, and industrial applications.

Marvell's product portfolio encompasses custom application-specific integrated circuits, interconnects, ethernet solutions, fibre channel adapters, processors, storage controllers, and emerging scale-up switches for AI datacenters. The company recently expanded its interconnect capabilities through the acquisition of Celestial AI, adding Photonic Fabric technology, and extended its switching portfolio through the acquisition of XConn Technologies, adding PCIe and CXL switching solutions. In August 2025, Marvell completed the divestiture of its automotive ethernet business to Infineon Technologies for $2.5 billion.

As of January 31, 2026, Marvell employed 7,480 people distributed across three geographic regions: 49 percent in the Americas, 42 percent in Asia-Pacific including India, and 9 percent in Europe, Middle East, and Africa. The company maintains operations in multiple countries including Argentina, China, India, Israel, Japan, Singapore, South Korea, Taiwan, and Vietnam. Marvell holds over 10,000 issued patents and pending patent applications covering various aspects of its technology, with patent expirations ranging from 2026 to 2046. The company's competitive advantages include its advanced intellectual property portfolio, system-level expertise, and innovative security firmware that enable differentiated solutions for data infrastructure applications.

Sector
Technology
Industry
Semiconductors
HQ
WILMINGTON, DE
FY end
01-30
CIK
1835632
SIC
3674
Financial performance · annual
20222026
$-1.90B$996.70M$3.89B$6.79B$9.68B20222023202420252026TTMTTMTTM

Ownership

Who holds Marvell Technology, Inc. — across funds, superinvestors and bonds · N-PORT 2026Q1 · 13F 2026-03-31

712
funds hold it
0 of 36
superinvestors hold it
$29.01B
fund-held value
37.2%
of shares held by funds
8
bond issues held by funds

Top fund holders

Fund% of fundValue
Select Semiconductors Portfolio
FSELX · Fidelity Select Portfolios
8.65%$2.83B
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.14%$2.75B
Invesco QQQ Trust, Series 1
QQQ
0.49%$1.82B
Fidelity Blue Chip Growth Fund
FBGRX · Fidelity Securities Fund
1.58%$1.41B
Select Technology Portfolio
FSPTX · Fidelity Select Portfolios
4.70%$1.29B

Bonds held by funds

Funds report holding 8 issues of Marvell Technology, Inc.'s debt, $808.88M at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 4.31%, maturing 20262035.

IssueCouponMaturesFundsFund-held
Marvell Technology Inc5.450%2035-07-1581$150.29M
Marvell Technology Inc5.950%2033-09-1564$118.33M
Marvell Technology, Inc.4.750%2030-07-1588$113.78M
Marvell Technology Inc2.950%2031-04-1564$101.72M
MRVL 2.45 04/15/282.450%2028-04-1548$94.81M
Marvell Technology Inc 1.65 04/15/20261.650%2026-04-1534$92.39M
Marvell Technology, Inc.5.750%2029-02-1564$75.89M
Marvell Technology Inc4.880%2028-06-2238$61.66M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

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15 years of Marvell Technology, Inc.'s financials

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