How do American Water Works and Marvell Technology, Inc. compare by revenue?

American Water Works reported revenue of $1.3B in Q4 FY2025, while Marvell Technology, Inc. reported $2.1B in Q3 FY2026. Marvell Technology, Inc. is 1.6× larger by last-quarter revenue.

Which is growing revenue faster, American Water Works or Marvell Technology, Inc.?

American Water Works's latest revenue grew 5.8% year-over-year, versus 36.8% for Marvell Technology, Inc.. Marvell Technology, Inc. is growing faster on a YoY basis.

Which has a higher net margin, American Water Works or Marvell Technology, Inc.?

American Water Works's net margin is 18.7% vs Marvell Technology, Inc.'s 91.7%. Marvell Technology, Inc. has the higher bottom-line margin.

Which generates more free cash flow, American Water Works or Marvell Technology, Inc.?

American Water Works generated $-385.0M of free cash flow last quarter, versus $508.8M for Marvell Technology, Inc.. Free cash flow is operating cash flow minus capital expenditure — what's actually left for dividends, buybacks and debt repayment.

What is the 2-year revenue CAGR for American Water Works vs Marvell Technology, Inc.?

Over the trailing 8 quarters, American Water Works compounded revenue at roughly 12.6% per year, versus 20.6% for Marvell Technology, Inc.. Marvell Technology, Inc. has the faster medium-term growth trajectory.

Where does this AWK vs MRVL data come from?

All figures are parsed directly from SEC EDGAR 10-Q / 10-K / 20-F / 6-K filings (for US-listed issuers) or EDINET filings (for Japanese issuers), then normalised into a common schema. Numbers update automatically as new filings are released.

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Side-by-side financial comparison of American Water Works (AWK) 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 $1.3B, roughly 1.6× American Water Works). Marvell Technology, Inc. runs the higher net margin — 91.7% vs 18.7%, a 72.9% gap on every dollar of revenue. On growth, Marvell Technology, Inc. posted the faster year-over-year revenue change (36.8% vs 5.8%). Marvell Technology, Inc. produced more free cash flow last quarter ($508.8M vs $-385.0M). Over the past eight quarters, Marvell Technology, Inc.'s revenue compounded faster (20.6% CAGR vs 12.6%).

American Water WorksAWKEarnings & Financial Report

NYSE · Utilities · Regulated Water

American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.4 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers...

Marvell Technology, Inc.MRVLEarnings & Financial Report

Nasdaq · Information Technology · Semiconductors & Related Devices

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.

AWK vs MRVL — Head-to-Head

Bigger by revenue

MRVL

1.6× larger

$2.1B

$1.3B

Growing faster (revenue YoY)

MRVL

+31.0% gap

36.8%

5.8%

Higher net margin

MRVL

72.9% more per $

91.7%

18.7%

More free cash flow

MRVL

$893.8M more FCF

$508.8M

$-385.0M

Faster 2-yr revenue CAGR

MRVL

Annualised

20.6%

12.6%

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric	AWK	MRVL
Revenue	$1.3B	$2.1B
Net Profit	$238.0M	$1.9B
Gross Margin	—	51.6%
Operating Margin	31.9%	17.2%
Net Margin	18.7%	91.7%
Revenue YoY	5.8%	36.8%
Net Profit YoY	-0.4%	381.1%
EPS (diluted)	$1.22	$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

AWK

MRVL

Q4 25	$1.3B	$2.1B
Q3 25	$1.5B	$2.0B
Q2 25	$1.3B	$1.9B
Q1 25	$1.1B	$1.8B
Q4 24	$1.2B	$1.5B
Q3 24	$1.3B	$1.3B
Q2 24	$1.1B	$1.2B
Q1 24	$1.0B	$1.4B

Net Profit

AWK

MRVL

Q4 25	$238.0M	$1.9B
Q3 25	$379.0M	$194.8M
Q2 25	$289.0M	$177.9M
Q1 25	$205.0M	$200.2M
Q4 24	$239.0M	$-676.3M
Q3 24	$350.0M	$-193.3M
Q2 24	$277.0M	$-215.6M
Q1 24	$185.0M	$-392.7M

Gross Margin

AWK

MRVL

Q4 25	—	51.6%
Q3 25	—	50.4%
Q2 25	—	50.3%
Q1 25	—	50.5%
Q4 24	—	23.0%
Q3 24	—	46.2%
Q2 24	—	45.5%
Q1 24	—	46.6%

Operating Margin

AWK

MRVL

Q4 25	31.9%	17.2%
Q3 25	42.2%	14.5%
Q2 25	38.4%	14.3%
Q1 25	32.7%	12.9%
Q4 24	33.3%	-46.4%
Q3 24	40.9%	-7.9%
Q2 24	39.4%	-13.1%
Q1 24	32.5%	-2.3%

Net Margin

AWK

MRVL

Q4 25	18.7%	91.7%
Q3 25	26.1%	9.7%
Q2 25	22.7%	9.4%
Q1 25	18.1%	11.0%
Q4 24	19.9%	-44.6%
Q3 24	26.4%	-15.2%
Q2 24	24.3%	-18.6%
Q1 24	18.4%	-27.5%

EPS (diluted)

AWK

MRVL

Q4 25	$1.22	$2.20
Q3 25	$1.94	$0.22
Q2 25	$1.48	$0.20
Q1 25	$1.05	$0.23
Q4 24	$1.22	$-0.78
Q3 24	$1.80	$-0.22
Q2 24	$1.42	$-0.25
Q1 24	$0.95	$-0.45

Balance Sheet & Financial Strength

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

Metric	AWK	MRVL
Cash + ST InvestmentsLiquidity on hand	$98.0M	$2.7B
Total DebtLower is stronger	$12.8B	$4.5B
Stockholders' EquityBook value	$10.8B	$14.1B
Total Assets	$35.4B	$21.6B
Debt / EquityLower = less leverage	1.18×	0.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments

AWK

MRVL

Q4 25	$98.0M	$2.7B
Q3 25	$166.0M	$1.2B
Q2 25	$94.0M	$885.9M
Q1 25	$114.0M	$948.3M
Q4 24	$96.0M	$868.1M
Q3 24	$127.0M	$808.7M
Q2 24	$48.0M	$847.7M
Q1 24	$584.0M	$950.8M

Total Debt

AWK

MRVL

Q4 25	$12.8B	$4.5B
Q3 25	$13.0B	$4.5B
Q2 25	$12.3B	$4.2B
Q1 25	$13.3B	$4.1B
Q4 24	$12.5B	$4.1B
Q3 24	$12.6B	$4.1B
Q2 24	$12.6B	$4.1B
Q1 24	$12.6B	$4.2B

Stockholders' Equity

AWK

MRVL

Q4 25	$10.8B	$14.1B
Q3 25	$10.9B	$13.4B
Q2 25	$10.7B	$13.3B
Q1 25	$10.5B	$13.4B
Q4 24	$10.3B	$13.4B
Q3 24	$10.4B	$14.2B
Q2 24	$10.2B	$14.5B
Q1 24	$10.0B	$14.8B

Total Assets

AWK

MRVL

Q4 25	$35.4B	$21.6B
Q3 25	$34.7B	$20.6B
Q2 25	$33.9B	$20.0B
Q1 25	$33.2B	$20.2B
Q4 24	$32.8B	$19.7B
Q3 24	$31.8B	$20.3B
Q2 24	$31.2B	$20.5B
Q1 24	$31.1B	$21.2B

Debt / Equity

AWK

MRVL

Q4 25	1.18×	0.32×
Q3 25	1.19×	0.33×
Q2 25	1.15×	0.32×
Q1 25	1.26×	0.30×
Q4 24	1.21×	0.31×
Q3 24	1.21×	0.29×
Q2 24	1.24×	0.29×
Q1 24	1.26×	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	AWK	MRVL
Operating Cash FlowLast quarter	$663.0M	$582.3M
Free Cash FlowOCF − Capex	$-385.0M	$508.8M
FCF MarginFCF / Revenue	-30.3%	24.5%
Capex IntensityCapex / Revenue	82.5%	3.5%
Cash ConversionOCF / Net Profit	2.79×	0.31×
TTM Free Cash FlowTrailing 4 quarters	$-1.1B	$1.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow

AWK

MRVL

Q4 25	$663.0M	$582.3M
Q3 25	$764.0M	$461.6M
Q2 25	$301.0M	$332.9M
Q1 25	$331.0M	$514.0M
Q4 24	$639.0M	$536.3M
Q3 24	$679.0M	$306.4M
Q2 24	$345.0M	$324.5M
Q1 24	$382.0M	$546.6M

Free Cash Flow

AWK

MRVL

Q4 25	$-385.0M	$508.8M
Q3 25	$-33.0M	$414.1M
Q2 25	$-432.0M	$214.1M
Q1 25	$-217.0M	$444.1M
Q4 24	$-255.0M	$461.3M
Q3 24	$-4.0M	$258.2M
Q2 24	$-325.0M	$233.0M
Q1 24	$-227.0M	$475.6M