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

Expeditors International 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 7.0%, a 84.6% gap on every dollar of revenue. On growth, Marvell Technology, Inc. posted the faster year-over-year revenue change (36.8% vs -3.3%). Marvell Technology, Inc. produced more free cash flow last quarter ($508.8M vs $270.3M). Over the past eight quarters, Marvell Technology, Inc.'s revenue compounded faster (20.6% CAGR vs 13.8%).

Expeditors International of Washington, Inc. is an American Fortune 500 service-based logistics company with headquarters in Bellevue, Washington. Expeditors generates highly optimized and customized supply chain solutions for clients with unified technology systems integrated through a global network of over 340+ locations in 100+ countries on six continents.

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.

EXPD vs MRVL — Head-to-Head

Bigger by revenue
EXPD
EXPD
1.4× larger
EXPD
$2.9B
$2.1B
MRVL
Growing faster (revenue YoY)
MRVL
MRVL
+40.2% gap
MRVL
36.8%
-3.3%
EXPD
Higher net margin
MRVL
MRVL
84.6% more per $
MRVL
91.7%
7.0%
EXPD
More free cash flow
MRVL
MRVL
$238.5M more FCF
MRVL
$508.8M
$270.3M
EXPD
Faster 2-yr revenue CAGR
MRVL
MRVL
Annualised
MRVL
20.6%
13.8%
EXPD

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
EXPD
EXPD
MRVL
MRVL
Revenue
$2.9B
$2.1B
Net Profit
$200.7M
$1.9B
Gross Margin
51.6%
Operating Margin
8.8%
17.2%
Net Margin
7.0%
91.7%
Revenue YoY
-3.3%
36.8%
Net Profit YoY
-14.9%
381.1%
EPS (diluted)
$1.50
$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
EXPD
EXPD
MRVL
MRVL
Q4 25
$2.9B
$2.1B
Q3 25
$2.9B
$2.0B
Q2 25
$2.7B
$1.9B
Q1 25
$2.7B
$1.8B
Q4 24
$3.0B
$1.5B
Q3 24
$3.0B
$1.3B
Q2 24
$2.4B
$1.2B
Q1 24
$2.2B
$1.4B
Net Profit
EXPD
EXPD
MRVL
MRVL
Q4 25
$200.7M
$1.9B
Q3 25
$222.3M
$194.8M
Q2 25
$183.6M
$177.9M
Q1 25
$203.8M
$200.2M
Q4 24
$235.9M
$-676.3M
Q3 24
$229.6M
$-193.3M
Q2 24
$175.5M
$-215.6M
Q1 24
$169.2M
$-392.7M
Gross Margin
EXPD
EXPD
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
EXPD
EXPD
MRVL
MRVL
Q4 25
8.8%
17.2%
Q3 25
10.0%
14.5%
Q2 25
9.3%
14.3%
Q1 25
10.0%
12.9%
Q4 24
10.2%
-46.4%
Q3 24
10.1%
-7.9%
Q2 24
9.2%
-13.1%
Q1 24
9.7%
-2.3%
Net Margin
EXPD
EXPD
MRVL
MRVL
Q4 25
7.0%
91.7%
Q3 25
7.7%
9.7%
Q2 25
6.9%
9.4%
Q1 25
7.6%
11.0%
Q4 24
8.0%
-44.6%
Q3 24
7.7%
-15.2%
Q2 24
7.2%
-18.6%
Q1 24
7.7%
-27.5%
EPS (diluted)
EXPD
EXPD
MRVL
MRVL
Q4 25
$1.50
$2.20
Q3 25
$1.64
$0.22
Q2 25
$1.34
$0.20
Q1 25
$1.47
$0.23
Q4 24
$1.68
$-0.78
Q3 24
$1.63
$-0.22
Q2 24
$1.24
$-0.25
Q1 24
$1.17
$-0.45

Balance Sheet & Financial Strength

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

Metric
EXPD
EXPD
MRVL
MRVL
Cash + ST InvestmentsLiquidity on hand
$1.3B
$2.7B
Total DebtLower is stronger
$4.5B
Stockholders' EquityBook value
$2.4B
$14.1B
Total Assets
$4.9B
$21.6B
Debt / EquityLower = less leverage
0.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXPD
EXPD
MRVL
MRVL
Q4 25
$1.3B
$2.7B
Q3 25
$1.2B
$1.2B
Q2 25
$1.2B
$885.9M
Q1 25
$1.3B
$948.3M
Q4 24
$1.1B
$868.1M
Q3 24
$1.3B
$808.7M
Q2 24
$1.3B
$847.7M
Q1 24
$1.4B
$950.8M
Total Debt
EXPD
EXPD
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
EXPD
EXPD
MRVL
MRVL
Q4 25
$2.4B
$14.1B
Q3 25
$2.3B
$13.4B
Q2 25
$2.2B
$13.3B
Q1 25
$2.3B
$13.4B
Q4 24
$2.2B
$13.4B
Q3 24
$2.4B
$14.2B
Q2 24
$2.2B
$14.5B
Q1 24
$2.2B
$14.8B
Total Assets
EXPD
EXPD
MRVL
MRVL
Q4 25
$4.9B
$21.6B
Q3 25
$4.8B
$20.6B
Q2 25
$4.8B
$20.0B
Q1 25
$4.8B
$20.2B
Q4 24
$4.8B
$19.7B
Q3 24
$5.2B
$20.3B
Q2 24
$4.8B
$20.5B
Q1 24
$4.5B
$21.2B
Debt / Equity
EXPD
EXPD
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
EXPD
EXPD
MRVL
MRVL
Operating Cash FlowLast quarter
$283.3M
$582.3M
Free Cash FlowOCF − Capex
$270.3M
$508.8M
FCF MarginFCF / Revenue
9.5%
24.5%
Capex IntensityCapex / Revenue
0.5%
3.5%
Cash ConversionOCF / Net Profit
1.41×
0.31×
TTM Free Cash FlowTrailing 4 quarters
$953.4M
$1.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXPD
EXPD
MRVL
MRVL
Q4 25
$283.3M
$582.3M
Q3 25
$201.4M
$461.6M
Q2 25
$179.2M
$332.9M
Q1 25
$342.6M
$514.0M
Q4 24
$249.7M
$536.3M
Q3 24
$90.0M
$306.4M
Q2 24
$126.8M
$324.5M
Q1 24
$256.9M
$546.6M
Free Cash Flow
EXPD
EXPD
MRVL
MRVL
Q4 25
$270.3M
$508.8M
Q3 25
$190.3M
$414.1M
Q2 25
$163.3M
$214.1M
Q1 25
$329.5M
$444.1M
Q4 24
$239.7M
$461.3M
Q3 24
$77.7M
$258.2M
Q2 24
$118.8M
$233.0M
Q1 24
$246.7M
$475.6M
FCF Margin
EXPD
EXPD
MRVL
MRVL
Q4 25
9.5%
24.5%
Q3 25
6.6%
20.6%
Q2 25
6.2%
11.3%
Q1 25
12.4%
24.4%
Q4 24
8.1%
30.4%
Q3 24
2.6%
20.3%
Q2 24
4.9%
20.1%
Q1 24
11.2%
33.3%
Capex Intensity
EXPD
EXPD
MRVL
MRVL
Q4 25
0.5%
3.5%
Q3 25
0.4%
2.4%
Q2 25
0.6%
6.3%
Q1 25
0.5%
3.8%
Q4 24
0.3%
4.9%
Q3 24
0.4%
3.8%
Q2 24
0.3%
7.9%
Q1 24
0.5%
5.0%
Cash Conversion
EXPD
EXPD
MRVL
MRVL
Q4 25
1.41×
0.31×
Q3 25
0.91×
2.37×
Q2 25
0.98×
1.87×
Q1 25
1.68×
2.57×
Q4 24
1.06×
Q3 24
0.39×
Q2 24
0.72×
Q1 24
1.52×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EXPD
EXPD

Customs Brokerage And Other Services$1.1B40%
Airfreight Services$1.1B39%
Ocean Freight And Ocean Services$611.4M21%

MRVL
MRVL

Segment breakdown not available.

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