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Side-by-side financial comparison of Cheniere Energy Partners, L.P. (CQP) and Marvell Technology, Inc. (MRVL). Click either name above to swap in a different company.

Cheniere Energy Partners, L.P. is the larger business by last-quarter revenue ($2.9B vs $2.1B, roughly 1.4× Marvell Technology, Inc.). Marvell Technology, Inc. runs the higher net margin — 91.7% vs 44.2%, a 47.4% gap on every dollar of revenue. On growth, Marvell Technology, Inc. posted the faster year-over-year revenue change (36.8% vs 18.3%). Cheniere Energy Partners, L.P. produced more free cash flow last quarter ($864.0M vs $508.8M). Over the past eight quarters, Marvell Technology, Inc.'s revenue compounded faster (20.6% CAGR vs 12.6%).

Total revenue of oil and gas companies is listed in billions of U.S. dollars. Total revenue is usually self-reported by companies, and often reported by neutral, unbiased, reliable publications. Reported data may be subsequently revised or restated due to a wide range of issues such as exchange rates, contract settlements, or mid-year discontinuation of products or services. Fiscal years are for January 1 to December 31, except where noted. Empty cells indicate that no data for that year has ...

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.

CQP vs MRVL — Head-to-Head

Bigger by revenue
CQP
CQP
1.4× larger
CQP
$2.9B
$2.1B
MRVL
Growing faster (revenue YoY)
MRVL
MRVL
+18.5% gap
MRVL
36.8%
18.3%
CQP
Higher net margin
MRVL
MRVL
47.4% more per $
MRVL
91.7%
44.2%
CQP
More free cash flow
CQP
CQP
$355.2M more FCF
CQP
$864.0M
$508.8M
MRVL
Faster 2-yr revenue CAGR
MRVL
MRVL
Annualised
MRVL
20.6%
12.6%
CQP

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
CQP
CQP
MRVL
MRVL
Revenue
$2.9B
$2.1B
Net Profit
$1.3B
$1.9B
Gross Margin
51.6%
Operating Margin
50.5%
17.2%
Net Margin
44.2%
91.7%
Revenue YoY
18.3%
36.8%
Net Profit YoY
106.6%
381.1%
EPS (diluted)
$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
CQP
CQP
MRVL
MRVL
Q4 25
$2.9B
$2.1B
Q3 25
$2.4B
$2.0B
Q2 25
$2.5B
$1.9B
Q1 25
$3.0B
$1.8B
Q4 24
$2.5B
$1.5B
Q3 24
$2.1B
$1.3B
Q2 24
$1.9B
$1.2B
Q1 24
$2.3B
$1.4B
Net Profit
CQP
CQP
MRVL
MRVL
Q4 25
$1.3B
$1.9B
Q3 25
$506.0M
$194.8M
Q2 25
$553.0M
$177.9M
Q1 25
$641.0M
$200.2M
Q4 24
$623.0M
$-676.3M
Q3 24
$635.0M
$-193.3M
Q2 24
$570.0M
$-215.6M
Q1 24
$682.0M
$-392.7M
Gross Margin
CQP
CQP
MRVL
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
CQP
CQP
MRVL
MRVL
Q4 25
50.5%
17.2%
Q3 25
29.0%
14.5%
Q2 25
29.1%
14.3%
Q1 25
27.6%
12.9%
Q4 24
33.0%
-46.4%
Q3 24
40.2%
-7.9%
Q2 24
40.4%
-13.1%
Q1 24
38.1%
-2.3%
Net Margin
CQP
CQP
MRVL
MRVL
Q4 25
44.2%
91.7%
Q3 25
21.0%
9.7%
Q2 25
22.5%
9.4%
Q1 25
21.4%
11.0%
Q4 24
25.3%
-44.6%
Q3 24
30.9%
-15.2%
Q2 24
30.1%
-18.6%
Q1 24
29.7%
-27.5%
EPS (diluted)
CQP
CQP
MRVL
MRVL
Q4 25
$2.20
Q3 25
$0.22
Q2 25
$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
CQP
CQP
MRVL
MRVL
Cash + ST InvestmentsLiquidity on hand
$182.0M
$2.7B
Total DebtLower is stronger
$14.2B
$4.5B
Stockholders' EquityBook value
$14.1B
Total Assets
$17.4B
$21.6B
Debt / EquityLower = less leverage
0.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CQP
CQP
MRVL
MRVL
Q4 25
$182.0M
$2.7B
Q3 25
$121.0M
$1.2B
Q2 25
$108.0M
$885.9M
Q1 25
$94.0M
$948.3M
Q4 24
$270.0M
$868.1M
Q3 24
$331.0M
$808.7M
Q2 24
$351.0M
$847.7M
Q1 24
$333.0M
$950.8M
Total Debt
CQP
CQP
MRVL
MRVL
Q4 25
$14.2B
$4.5B
Q3 25
$14.2B
$4.5B
Q2 25
$14.2B
$4.2B
Q1 25
$14.7B
$4.1B
Q4 24
$14.8B
$4.1B
Q3 24
$14.8B
$4.1B
Q2 24
$14.8B
$4.1B
Q1 24
$13.6B
$4.2B
Stockholders' Equity
CQP
CQP
MRVL
MRVL
Q4 25
$14.1B
Q3 25
$13.4B
Q2 25
$13.3B
Q1 25
$13.4B
Q4 24
$13.4B
Q3 24
$14.2B
Q2 24
$14.5B
Q1 24
$14.8B
Total Assets
CQP
CQP
MRVL
MRVL
Q4 25
$17.4B
$21.6B
Q3 25
$16.8B
$20.6B
Q2 25
$16.9B
$20.0B
Q1 25
$17.1B
$20.2B
Q4 24
$17.5B
$19.7B
Q3 24
$17.4B
$20.3B
Q2 24
$17.5B
$20.5B
Q1 24
$17.5B
$21.2B
Debt / Equity
CQP
CQP
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
CQP
CQP
MRVL
MRVL
Operating Cash FlowLast quarter
$887.0M
$582.3M
Free Cash FlowOCF − Capex
$864.0M
$508.8M
FCF MarginFCF / Revenue
29.7%
24.5%
Capex IntensityCapex / Revenue
0.8%
3.5%
Cash ConversionOCF / Net Profit
0.69×
0.31×
TTM Free Cash FlowTrailing 4 quarters
$2.6B
$1.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CQP
CQP
MRVL
MRVL
Q4 25
$887.0M
$582.3M
Q3 25
$658.0M
$461.6M
Q2 25
$558.0M
$332.9M
Q1 25
$665.0M
$514.0M
Q4 24
$876.0M
$536.3M
Q3 24
$691.0M
$306.4M
Q2 24
$732.0M
$324.5M
Q1 24
$669.0M
$546.6M
Free Cash Flow
CQP
CQP
MRVL
MRVL
Q4 25
$864.0M
$508.8M
Q3 25
$610.0M
$414.1M
Q2 25
$490.0M
$214.1M
Q1 25
$605.0M
$444.1M
Q4 24
$827.0M
$461.3M
Q3 24
$652.0M
$258.2M
Q2 24
$702.0M
$233.0M
Q1 24
$633.0M
$475.6M
FCF Margin
CQP
CQP
MRVL
MRVL
Q4 25
29.7%
24.5%
Q3 25
25.4%
20.6%
Q2 25
20.0%
11.3%
Q1 25
20.2%
24.4%
Q4 24
33.6%
30.4%
Q3 24
31.7%
20.3%
Q2 24
37.1%
20.1%
Q1 24
27.6%
33.3%
Capex Intensity
CQP
CQP
MRVL
MRVL
Q4 25
0.8%
3.5%
Q3 25
2.0%
2.4%
Q2 25
2.8%
6.3%
Q1 25
2.0%
3.8%
Q4 24
2.0%
4.9%
Q3 24
1.9%
3.8%
Q2 24
1.6%
7.9%
Q1 24
1.6%
5.0%
Cash Conversion
CQP
CQP
MRVL
MRVL
Q4 25
0.69×
0.31×
Q3 25
1.30×
2.37×
Q2 25
1.01×
1.87×
Q1 25
1.04×
2.57×
Q4 24
1.41×
Q3 24
1.09×
Q2 24
1.28×
Q1 24
0.98×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CQP
CQP

Liquefied Natural Gas$2.9B98%
Regasification Service$34.0M1%
Other$17.0M1%

MRVL
MRVL

Segment breakdown not available.

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