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Side-by-side financial comparison of eXp World Holdings, Inc. (EXPI) 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 $1.2B, roughly 1.7× eXp World Holdings, Inc.). Marvell Technology, Inc. runs the higher net margin — 91.7% vs -1.1%, a 92.7% gap on every dollar of revenue. On growth, Marvell Technology, Inc. posted the faster year-over-year revenue change (36.8% vs 8.5%). Marvell Technology, Inc. produced more free cash flow last quarter ($508.8M vs $11.9M). Over the past eight quarters, Marvell Technology, Inc.'s revenue compounded faster (20.6% CAGR vs 12.4%).

eXp World Holdings, Inc. is a global cloud-based real estate services provider. It operates the eXp Realty brokerage network, leverages immersive virtual 3D campus environments to support agent collaboration and operations, serves residential and commercial real estate markets across over 20 countries, and offers complementary services including mortgage, title insurance and professional development resources for real estate practitioners.

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.

EXPI vs MRVL — Head-to-Head

Bigger by revenue
MRVL
MRVL
1.7× larger
MRVL
$2.1B
$1.2B
EXPI
Growing faster (revenue YoY)
MRVL
MRVL
+28.3% gap
MRVL
36.8%
8.5%
EXPI
Higher net margin
MRVL
MRVL
92.7% more per $
MRVL
91.7%
-1.1%
EXPI
More free cash flow
MRVL
MRVL
$496.9M more FCF
MRVL
$508.8M
$11.9M
EXPI
Faster 2-yr revenue CAGR
MRVL
MRVL
Annualised
MRVL
20.6%
12.4%
EXPI

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
EXPI
EXPI
MRVL
MRVL
Revenue
$1.2B
$2.1B
Net Profit
$-12.9M
$1.9B
Gross Margin
51.6%
Operating Margin
-1.1%
17.2%
Net Margin
-1.1%
91.7%
Revenue YoY
8.5%
36.8%
Net Profit YoY
-35.7%
381.1%
EPS (diluted)
$-0.08
$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
EXPI
EXPI
MRVL
MRVL
Q4 25
$1.2B
$2.1B
Q3 25
$1.3B
$2.0B
Q2 25
$1.3B
$1.9B
Q1 25
$954.9M
$1.8B
Q4 24
$1.1B
$1.5B
Q3 24
$1.2B
$1.3B
Q2 24
$1.3B
$1.2B
Q1 24
$943.1M
$1.4B
Net Profit
EXPI
EXPI
MRVL
MRVL
Q4 25
$-12.9M
$1.9B
Q3 25
$3.5M
$194.8M
Q2 25
$-2.3M
$177.9M
Q1 25
$-11.0M
$200.2M
Q4 24
$-9.5M
$-676.3M
Q3 24
$-8.5M
$-193.3M
Q2 24
$12.4M
$-215.6M
Q1 24
$-15.6M
$-392.7M
Gross Margin
EXPI
EXPI
MRVL
MRVL
Q4 25
51.6%
Q3 25
50.4%
Q2 25
50.3%
Q1 25
50.5%
Q4 24
23.0%
Q3 24
99.9%
46.2%
Q2 24
99.9%
45.5%
Q1 24
46.6%
Operating Margin
EXPI
EXPI
MRVL
MRVL
Q4 25
-1.1%
17.2%
Q3 25
0.3%
14.5%
Q2 25
-0.2%
14.3%
Q1 25
-1.1%
12.9%
Q4 24
-1.0%
-46.4%
Q3 24
-0.7%
-7.9%
Q2 24
1.4%
-13.1%
Q1 24
-1.9%
-2.3%
Net Margin
EXPI
EXPI
MRVL
MRVL
Q4 25
-1.1%
91.7%
Q3 25
0.3%
9.7%
Q2 25
-0.2%
9.4%
Q1 25
-1.2%
11.0%
Q4 24
-0.9%
-44.6%
Q3 24
-0.7%
-15.2%
Q2 24
1.0%
-18.6%
Q1 24
-1.7%
-27.5%
EPS (diluted)
EXPI
EXPI
MRVL
MRVL
Q4 25
$-0.08
$2.20
Q3 25
$0.02
$0.22
Q2 25
$-0.01
$0.20
Q1 25
$-0.07
$0.23
Q4 24
$-0.06
$-0.78
Q3 24
$-0.06
$-0.22
Q2 24
$0.08
$-0.25
Q1 24
$-0.10
$-0.45

Balance Sheet & Financial Strength

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

Metric
EXPI
EXPI
MRVL
MRVL
Cash + ST InvestmentsLiquidity on hand
$124.2M
$2.7B
Total DebtLower is stronger
$4.5B
Stockholders' EquityBook value
$242.8M
$14.1B
Total Assets
$442.5M
$21.6B
Debt / EquityLower = less leverage
0.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXPI
EXPI
MRVL
MRVL
Q4 25
$124.2M
$2.7B
Q3 25
$112.8M
$1.2B
Q2 25
$94.6M
$885.9M
Q1 25
$115.7M
$948.3M
Q4 24
$113.6M
$868.1M
Q3 24
$130.4M
$808.7M
Q2 24
$108.4M
$847.7M
Q1 24
$109.2M
$950.8M
Total Debt
EXPI
EXPI
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
EXPI
EXPI
MRVL
MRVL
Q4 25
$242.8M
$14.1B
Q3 25
$235.3M
$13.4B
Q2 25
$218.4M
$13.3B
Q1 25
$212.0M
$13.4B
Q4 24
$204.9M
$13.4B
Q3 24
$211.1M
$14.2B
Q2 24
$220.3M
$14.5B
Q1 24
$222.4M
$14.8B
Total Assets
EXPI
EXPI
MRVL
MRVL
Q4 25
$442.5M
$21.6B
Q3 25
$458.7M
$20.6B
Q2 25
$481.2M
$20.0B
Q1 25
$435.8M
$20.2B
Q4 24
$390.7M
$19.7B
Q3 24
$432.6M
$20.3B
Q2 24
$457.4M
$20.5B
Q1 24
$426.7M
$21.2B
Debt / Equity
EXPI
EXPI
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
EXPI
EXPI
MRVL
MRVL
Operating Cash FlowLast quarter
$13.8M
$582.3M
Free Cash FlowOCF − Capex
$11.9M
$508.8M
FCF MarginFCF / Revenue
1.0%
24.5%
Capex IntensityCapex / Revenue
0.2%
3.5%
Cash ConversionOCF / Net Profit
0.31×
TTM Free Cash FlowTrailing 4 quarters
$109.0M
$1.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXPI
EXPI
MRVL
MRVL
Q4 25
$13.8M
$582.3M
Q3 25
$28.9M
$461.6M
Q2 25
$36.1M
$332.9M
Q1 25
$39.8M
$514.0M
Q4 24
$13.7M
$536.3M
Q3 24
$46.0M
$306.4M
Q2 24
$71.1M
$324.5M
Q1 24
$60.7M
$546.6M
Free Cash Flow
EXPI
EXPI
MRVL
MRVL
Q4 25
$11.9M
$508.8M
Q3 25
$26.6M
$414.1M
Q2 25
$33.3M
$214.1M
Q1 25
$37.3M
$444.1M
Q4 24
$11.6M
$461.3M
Q3 24
$44.4M
$258.2M
Q2 24
$69.7M
$233.0M
Q1 24
$59.3M
$475.6M
FCF Margin
EXPI
EXPI
MRVL
MRVL
Q4 25
1.0%
24.5%
Q3 25
2.0%
20.6%
Q2 25
2.5%
11.3%
Q1 25
3.9%
24.4%
Q4 24
1.1%
30.4%
Q3 24
3.6%
20.3%
Q2 24
5.4%
20.1%
Q1 24
6.3%
33.3%
Capex Intensity
EXPI
EXPI
MRVL
MRVL
Q4 25
0.2%
3.5%
Q3 25
0.2%
2.4%
Q2 25
0.2%
6.3%
Q1 25
0.3%
3.8%
Q4 24
0.2%
4.9%
Q3 24
0.1%
3.8%
Q2 24
0.1%
7.9%
Q1 24
0.1%
5.0%
Cash Conversion
EXPI
EXPI
MRVL
MRVL
Q4 25
0.31×
Q3 25
8.26×
2.37×
Q2 25
1.87×
Q1 25
2.57×
Q4 24
Q3 24
Q2 24
5.75×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

EXPI
EXPI

North American Realty$1.1B96%
International Realty$42.2M4%

MRVL
MRVL

Segment breakdown not available.

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