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Side-by-side financial comparison of Ambiq Micro, Inc. (AMBQ) 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 $18.2M, roughly 114.2× Ambiq Micro, Inc.). Marvell Technology, Inc. runs the higher net margin — 91.7% vs -49.6%, a 141.2% gap on every dollar of revenue.

Ambiq Micro, Inc. is an American semiconductor company specializing in low-power microcontrollers and systems-on-chip, including products for devices smartwatches, medical devices, and sensors. Founded in 2010 by University of Michigan researchers Scott Hanson, David Blaauw, and Dennis Sylvester, the company is headquartered in Austin, Texas. Its products employ Subthreshold Power Optimized Technology (SPOT) to reduce energy consumption and enable on-device edge AI. In 2025, Ambiq went public...

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.

AMBQ vs MRVL — Head-to-Head

Bigger by revenue
MRVL
MRVL
114.2× larger
MRVL
$2.1B
$18.2M
AMBQ
Higher net margin
MRVL
MRVL
141.2% more per $
MRVL
91.7%
-49.6%
AMBQ

Income Statement — Q3 2025 vs Q4 2026

Metric
AMBQ
AMBQ
MRVL
MRVL
Revenue
$18.2M
$2.1B
Net Profit
$-9.0M
$1.9B
Gross Margin
42.3%
51.6%
Operating Margin
-55.3%
17.2%
Net Margin
-49.6%
91.7%
Revenue YoY
36.8%
Net Profit YoY
381.1%
EPS (diluted)
$-0.72
$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
AMBQ
AMBQ
MRVL
MRVL
Q4 25
$2.1B
Q3 25
$18.2M
$2.0B
Q2 25
$17.9M
$1.9B
Q1 25
$1.8B
Q4 24
$1.5B
Q3 24
$1.3B
Q2 24
$1.2B
Q1 24
$1.4B
Net Profit
AMBQ
AMBQ
MRVL
MRVL
Q4 25
$1.9B
Q3 25
$-9.0M
$194.8M
Q2 25
$-8.5M
$177.9M
Q1 25
$200.2M
Q4 24
$-676.3M
Q3 24
$-193.3M
Q2 24
$-215.6M
Q1 24
$-392.7M
Gross Margin
AMBQ
AMBQ
MRVL
MRVL
Q4 25
51.6%
Q3 25
42.3%
50.4%
Q2 25
40.1%
50.3%
Q1 25
50.5%
Q4 24
23.0%
Q3 24
46.2%
Q2 24
45.5%
Q1 24
46.6%
Operating Margin
AMBQ
AMBQ
MRVL
MRVL
Q4 25
17.2%
Q3 25
-55.3%
14.5%
Q2 25
-49.2%
14.3%
Q1 25
12.9%
Q4 24
-46.4%
Q3 24
-7.9%
Q2 24
-13.1%
Q1 24
-2.3%
Net Margin
AMBQ
AMBQ
MRVL
MRVL
Q4 25
91.7%
Q3 25
-49.6%
9.7%
Q2 25
-47.5%
9.4%
Q1 25
11.0%
Q4 24
-44.6%
Q3 24
-15.2%
Q2 24
-18.6%
Q1 24
-27.5%
EPS (diluted)
AMBQ
AMBQ
MRVL
MRVL
Q4 25
$2.20
Q3 25
$-0.72
$0.22
Q2 25
$-18.89
$0.20
Q1 25
$0.23
Q4 24
$-0.78
Q3 24
$-0.22
Q2 24
$-0.25
Q1 24
$-0.45

Balance Sheet & Financial Strength

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

Metric
AMBQ
AMBQ
MRVL
MRVL
Cash + ST InvestmentsLiquidity on hand
$146.5M
$2.7B
Total DebtLower is stronger
$4.5B
Stockholders' EquityBook value
$169.8M
$14.1B
Total Assets
$186.7M
$21.6B
Debt / EquityLower = less leverage
0.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMBQ
AMBQ
MRVL
MRVL
Q4 25
$2.7B
Q3 25
$146.5M
$1.2B
Q2 25
$47.5M
$885.9M
Q1 25
$948.3M
Q4 24
$868.1M
Q3 24
$808.7M
Q2 24
$847.7M
Q1 24
$950.8M
Total Debt
AMBQ
AMBQ
MRVL
MRVL
Q4 25
$4.5B
Q3 25
$4.5B
Q2 25
$4.2B
Q1 25
$4.1B
Q4 24
$4.1B
Q3 24
$4.1B
Q2 24
$4.1B
Q1 24
$4.2B
Stockholders' Equity
AMBQ
AMBQ
MRVL
MRVL
Q4 25
$14.1B
Q3 25
$169.8M
$13.4B
Q2 25
$-307.3M
$13.3B
Q1 25
$13.4B
Q4 24
$13.4B
Q3 24
$14.2B
Q2 24
$14.5B
Q1 24
$14.8B
Total Assets
AMBQ
AMBQ
MRVL
MRVL
Q4 25
$21.6B
Q3 25
$186.7M
$20.6B
Q2 25
$89.2M
$20.0B
Q1 25
$20.2B
Q4 24
$19.7B
Q3 24
$20.3B
Q2 24
$20.5B
Q1 24
$21.2B
Debt / Equity
AMBQ
AMBQ
MRVL
MRVL
Q4 25
0.32×
Q3 25
0.33×
Q2 25
0.32×
Q1 25
0.30×
Q4 24
0.31×
Q3 24
0.29×
Q2 24
0.29×
Q1 24
0.28×

Cash Flow & Capital Efficiency

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

Metric
AMBQ
AMBQ
MRVL
MRVL
Operating Cash FlowLast quarter
$-5.0M
$582.3M
Free Cash FlowOCF − Capex
$508.8M
FCF MarginFCF / Revenue
24.5%
Capex IntensityCapex / Revenue
3.5%
Cash ConversionOCF / Net Profit
0.31×
TTM Free Cash FlowTrailing 4 quarters
$1.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMBQ
AMBQ
MRVL
MRVL
Q4 25
$582.3M
Q3 25
$-5.0M
$461.6M
Q2 25
$-10.5M
$332.9M
Q1 25
$514.0M
Q4 24
$536.3M
Q3 24
$306.4M
Q2 24
$324.5M
Q1 24
$546.6M
Free Cash Flow
AMBQ
AMBQ
MRVL
MRVL
Q4 25
$508.8M
Q3 25
$414.1M
Q2 25
$214.1M
Q1 25
$444.1M
Q4 24
$461.3M
Q3 24
$258.2M
Q2 24
$233.0M
Q1 24
$475.6M
FCF Margin
AMBQ
AMBQ
MRVL
MRVL
Q4 25
24.5%
Q3 25
20.6%
Q2 25
11.3%
Q1 25
24.4%
Q4 24
30.4%
Q3 24
20.3%
Q2 24
20.1%
Q1 24
33.3%
Capex Intensity
AMBQ
AMBQ
MRVL
MRVL
Q4 25
3.5%
Q3 25
2.4%
Q2 25
6.3%
Q1 25
3.8%
Q4 24
4.9%
Q3 24
3.8%
Q2 24
7.9%
Q1 24
5.0%
Cash Conversion
AMBQ
AMBQ
MRVL
MRVL
Q4 25
0.31×
Q3 25
2.37×
Q2 25
1.87×
Q1 25
2.57×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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