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
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| 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, Q1 2027, generated $483.1M in free cash flow, an increase of 125.64% year over year.
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.
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-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 filings at SEC.gov ↗