Marvell Technology annual free cash flow
2020
2021
2022
2023
2024
2025
2026
Marvell Technology Free Cash Flow (FCF) History (MRVL)
Marvell Technology reported $1.40B in free cash flow for fiscal 2026, a decrease of 0.01% from the previous fiscal year, with a free cash flow margin of 17.04%.
View full Marvell Technology company overviewMarvell Technology free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2026 | 2026-01-31 | $1.40B | −$200,000 | −0.01% | +17.04% |
| 2025 | 2025-02-01 | $1.40B | $362.4M | +35.04% | +24.22% |
| 2024 | 2024-02-03 | $1.03B | −$48.4M | −4.47% | +18.78% |
| 2023 | 2023-01-28 | $1.08B | $432.5M | +66.53% | +18.29% |
| 2022 | 2022-01-29 | $650.1M | −$60.4M | −8.50% | +14.57% |
| 2021 | 2021-01-30 | $710.5M | $432.1M | +155.23% | +23.93% |
| 2020 | 2020-02-01 | $278.4M | — | — | +10.31% |
Marvell Technology quarterly free cash flow
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
Q1.27
Q2.27
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2027 | 2026-08-01 | $478.8M | $64.7M | +15.62% | +17.48% |
| Q1 2027 | 2026-05-02 | $483.1M | $269.0M | +125.64% | +19.98% |
| Q4 2026 | 2026-01-31 | $259.4M | −$184.7M | −41.59% | +11.69% |
| Q3 2026 | 2025-11-01 | $508.8M | $47.5M | +10.30% | +24.53% |
| Q2 2026 | 2025-08-02 | $414.1M | $155.9M | +60.38% | +20.64% |
| Q1 2026 | 2025-05-03 | $214.1M | −$18.9M | −8.11% | +11.30% |
| Q4 2025 | 2025-02-01 | $444.1M | −$31.5M | −6.62% | +24.44% |
| Q3 2025 | 2024-11-02 | $461.3M | $12.7M | +2.83% | +30.43% |
| Q2 2025 | 2024-08-03 | $258.2M | $256.8M | +18342.86% | +20.28% |
| Q1 2025 | 2024-05-04 | $233.0M | $124.4M | +114.55% | +20.07% |
| Q4 2024 | 2024-02-03 | $475.6M | $178.1M | +59.87% | +33.34% |
| Q3 2024 | 2023-10-28 | $448.6M | $80.3M | +21.80% | +31.62% |
| Q2 2024 | 2023-07-29 | $1.4M | −$257.5M | −99.46% | +0.10% |
| Q1 2024 | 2023-04-29 | $108.6M | −$49.3M | −31.22% | +8.22% |
| Q4 2023 | 2023-01-28 | $297.5M | −$9.9M | −3.22% | +20.97% |
| Q3 2023 | 2022-10-29 | $368.3M | $180.4M | +96.01% | +23.96% |
| Q2 2023 | 2022-07-30 | $258.9M | $69.0M | +36.33% | +17.07% |
| Q1 2023 | 2022-04-30 | $157.9M | $193.0M | — | +10.91% |
| Q4 2022 | 2022-01-29 | $307.4M | $167.7M | +119.96% | +22.89% |
| Q3 2022 | 2021-10-30 | $187.9M | −$34.3M | −15.43% | +15.51% |
| Q2 2022 | 2021-07-31 | $189.9M | −$18.4M | −8.83% | +17.65% |
| Q1 2022 | 2021-05-01 | −$35.1M | −$175.4M | — | −4.22% |
| Q4 2021 | 2021-01-30 | $139.8M | — | — | +17.52% |
| Q3 2021 | 2020-10-31 | $222.2M | — | — | +29.62% |
| Q2 2021 | 2020-08-01 | $208.3M | — | — | +28.64% |
| Q1 2021 | 2020-05-02 | $140.3M | — | — | +20.22% |
Marvell Technology free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $710.5M to $1.40B, a compound annual growth rate of 14.47%. Marvell Technology's latest reported quarter, Q2 2027, generated $478.8M in free cash flow, an increase of 15.62% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Marvell Technology source filings ↗Community posts
Marvell presents new optical technology demonstrations for AI networks
Marvell ($MRVL) outlined new optical-networking demonstrations aimed at the next generation of AI infrastructure, including 2-nanometre technology supporting 400 gigabits per second per optical lane. The demonstrations span higher-capacity ...
