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Side-by-side financial comparison of Agilent Technologies (A) and Marvell Technology, Inc. (MRVL). Click either name above to swap in a different company.

Marvell Technology, Inc. is the larger business by last-quarter revenue ($2.1B vs $1.8B, roughly 1.2× Agilent Technologies). Marvell Technology, Inc. runs the higher net margin — 91.7% vs 17.0%, a 74.7% gap on every dollar of revenue. On growth, Marvell Technology, Inc. posted the faster year-over-year revenue change (36.8% vs 7.0%). Marvell Technology, Inc. produced more free cash flow last quarter ($508.8M vs $175.0M). Over the past eight quarters, Marvell Technology, Inc.'s revenue compounded faster (20.6% CAGR vs 6.9%).

Agilent Technologies, Inc. provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. The Life Sciences and Applied Markets segment offers liquid chromatography systems and components; liquid chromatography mass spectrometry systems; gas chromatography systems and components; gas chromatography mass spectrometry systems; inductively coupled plasma mass spectrometry instruments; atomic absorption instruments; microwave plasma-atomic emissi...

Marvell Technology, Inc. is an American company, headquartered in Santa Clara, California, which develops and produces semiconductors and related technology. Founded in 1995, the company had more than 6,500 employees as of 2024, with over 10,000 patents worldwide, and an annual revenue of $5.5 billion for fiscal 2024.

A vs MRVL — Head-to-Head

Bigger by revenue
MRVL
MRVL
1.2× larger
MRVL
$2.1B
$1.8B
A
Growing faster (revenue YoY)
MRVL
MRVL
+29.9% gap
MRVL
36.8%
7.0%
A
Higher net margin
MRVL
MRVL
74.7% more per $
MRVL
91.7%
17.0%
A
More free cash flow
MRVL
MRVL
$333.8M more FCF
MRVL
$508.8M
$175.0M
A
Faster 2-yr revenue CAGR
MRVL
MRVL
Annualised
MRVL
20.6%
6.9%
A

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
A
A
MRVL
MRVL
Revenue
$1.8B
$2.1B
Net Profit
$305.0M
$1.9B
Gross Margin
52.6%
51.6%
Operating Margin
19.6%
17.2%
Net Margin
17.0%
91.7%
Revenue YoY
7.0%
36.8%
Net Profit YoY
-4.1%
381.1%
EPS (diluted)
$1.07
$2.20

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
A
A
MRVL
MRVL
Q1 26
$1.8B
Q4 25
$1.9B
$2.1B
Q3 25
$1.7B
$2.0B
Q2 25
$1.7B
$1.9B
Q1 25
$1.7B
$1.8B
Q4 24
$1.7B
$1.5B
Q3 24
$1.6B
$1.3B
Q2 24
$1.6B
$1.2B
Net Profit
A
A
MRVL
MRVL
Q1 26
$305.0M
Q4 25
$434.0M
$1.9B
Q3 25
$336.0M
$194.8M
Q2 25
$215.0M
$177.9M
Q1 25
$318.0M
$200.2M
Q4 24
$351.0M
$-676.3M
Q3 24
$282.0M
$-193.3M
Q2 24
$308.0M
$-215.6M
Gross Margin
A
A
MRVL
MRVL
Q1 26
52.6%
Q4 25
53.2%
51.6%
Q3 25
51.1%
50.4%
Q2 25
51.9%
50.3%
Q1 25
53.5%
50.5%
Q4 24
53.9%
23.0%
Q3 24
54.2%
46.2%
Q2 24
54.4%
45.5%
Operating Margin
A
A
MRVL
MRVL
Q1 26
19.6%
Q4 25
23.8%
17.2%
Q3 25
20.7%
14.5%
Q2 25
18.0%
14.3%
Q1 25
22.4%
12.9%
Q4 24
24.0%
-46.4%
Q3 24
21.1%
-7.9%
Q2 24
23.1%
-13.1%
Net Margin
A
A
MRVL
MRVL
Q1 26
17.0%
Q4 25
23.3%
91.7%
Q3 25
19.3%
9.7%
Q2 25
12.9%
9.4%
Q1 25
18.9%
11.0%
Q4 24
20.6%
-44.6%
Q3 24
17.9%
-15.2%
Q2 24
19.6%
-18.6%
EPS (diluted)
A
A
MRVL
MRVL
Q1 26
$1.07
Q4 25
$1.53
$2.20
Q3 25
$1.18
$0.22
Q2 25
$0.75
$0.20
Q1 25
$1.11
$0.23
Q4 24
$1.23
$-0.78
Q3 24
$0.97
$-0.22
Q2 24
$1.05
$-0.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
A
A
MRVL
MRVL
Cash + ST InvestmentsLiquidity on hand
$1.8B
$2.7B
Total DebtLower is stronger
$3.0B
$4.5B
Stockholders' EquityBook value
$6.9B
$14.1B
Total Assets
$12.8B
$21.6B
Debt / EquityLower = less leverage
0.44×
0.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
A
A
MRVL
MRVL
Q1 26
$1.8B
Q4 25
$1.8B
$2.7B
Q3 25
$1.5B
$1.2B
Q2 25
$1.5B
$885.9M
Q1 25
$1.5B
$948.3M
Q4 24
$1.3B
$868.1M
Q3 24
$1.8B
$808.7M
Q2 24
$1.7B
$847.7M
Total Debt
A
A
MRVL
MRVL
Q1 26
$3.0B
Q4 25
$3.0B
$4.5B
Q3 25
$3.4B
$4.5B
Q2 25
$3.3B
$4.2B
Q1 25
$3.3B
$4.1B
Q4 24
$3.3B
$4.1B
Q3 24
$2.1B
$4.1B
Q2 24
$2.1B
$4.1B
Stockholders' Equity
A
A
MRVL
MRVL
Q1 26
$6.9B
Q4 25
$6.7B
$14.1B
Q3 25
$6.4B
$13.4B
Q2 25
$6.1B
$13.3B
Q1 25
$6.0B
$13.4B
Q4 24
$5.9B
$13.4B
Q3 24
$5.9B
$14.2B
Q2 24
$6.2B
$14.5B
Total Assets
A
A
MRVL
MRVL
Q1 26
$12.8B
Q4 25
$12.7B
$21.6B
Q3 25
$12.2B
$20.6B
Q2 25
$12.2B
$20.0B
Q1 25
$11.9B
$20.2B
Q4 24
$11.8B
$19.7B
Q3 24
$11.0B
$20.3B
Q2 24
$10.9B
$20.5B
Debt / Equity
A
A
MRVL
MRVL
Q1 26
0.44×
Q4 25
0.45×
0.32×
Q3 25
0.53×
0.33×
Q2 25
0.55×
0.32×
Q1 25
0.56×
0.30×
Q4 24
0.57×
0.31×
Q3 24
0.36×
0.29×
Q2 24
0.34×
0.29×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
A
A
MRVL
MRVL
Operating Cash FlowLast quarter
$268.0M
$582.3M
Free Cash FlowOCF − Capex
$175.0M
$508.8M
FCF MarginFCF / Revenue
9.7%
24.5%
Capex IntensityCapex / Revenue
5.2%
3.5%
Cash ConversionOCF / Net Profit
0.88×
0.31×
TTM Free Cash FlowTrailing 4 quarters
$993.0M
$1.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
A
A
MRVL
MRVL
Q1 26
$268.0M
Q4 25
$545.0M
$582.3M
Q3 25
$362.0M
$461.6M
Q2 25
$221.0M
$332.9M
Q1 25
$431.0M
$514.0M
Q4 24
$481.0M
$536.3M
Q3 24
$452.0M
$306.4M
Q2 24
$333.0M
$324.5M
Free Cash Flow
A
A
MRVL
MRVL
Q1 26
$175.0M
Q4 25
$452.0M
$508.8M
Q3 25
$259.0M
$414.1M
Q2 25
$107.0M
$214.1M
Q1 25
$334.0M
$444.1M
Q4 24
$388.0M
$461.3M
Q3 24
$360.0M
$258.2M
Q2 24
$230.0M
$233.0M
FCF Margin
A
A
MRVL
MRVL
Q1 26
9.7%
Q4 25
24.3%
24.5%
Q3 25
14.9%
20.6%
Q2 25
6.4%
11.3%
Q1 25
19.9%
24.4%
Q4 24
22.8%
30.4%
Q3 24
22.8%
20.3%
Q2 24
14.6%
20.1%
Capex Intensity
A
A
MRVL
MRVL
Q1 26
5.2%
Q4 25
5.0%
3.5%
Q3 25
5.9%
2.4%
Q2 25
6.8%
6.3%
Q1 25
5.8%
3.8%
Q4 24
5.5%
4.9%
Q3 24
5.8%
3.8%
Q2 24
6.5%
7.9%
Cash Conversion
A
A
MRVL
MRVL
Q1 26
0.88×
Q4 25
1.26×
0.31×
Q3 25
1.08×
2.37×
Q2 25
1.03×
1.87×
Q1 25
1.36×
2.57×
Q4 24
1.37×
Q3 24
1.60×
Q2 24
1.08×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

A
A

Service Other$525.0M29%
Chemicaland Energy Market$422.0M23%
Agilent Cross Lab$273.0M15%
Environmentaland Forensics Market$177.0M10%
Food Market$166.0M9%
Academiaand Government Market$130.0M7%
Applied Markets$98.0M5%

MRVL
MRVL

Segment breakdown not available.

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