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Side-by-side financial comparison of Fidelity National Information Services (FIS) and Marvell Technology, Inc. (MRVL). Click either name above to swap in a different company.

Fidelity National Information Services is the larger business by last-quarter revenue ($2.8B vs $2.1B, roughly 1.4× Marvell Technology, Inc.). Marvell Technology, Inc. runs the higher net margin — 91.7% vs 18.2%, a 73.5% gap on every dollar of revenue. On growth, Marvell Technology, Inc. posted the faster year-over-year revenue change (36.8% vs 8.1%). Fidelity National Information Services produced more free cash flow last quarter ($739.0M vs $508.8M). Over the past eight quarters, Marvell Technology, Inc.'s revenue compounded faster (20.6% CAGR vs 6.8%).

Fidelity National Information Services, Inc. (FIS) is an American multinational corporation which offers a wide range of financial products and services. FIS is most known for its development of Financial Technology, or FinTech. Annually, FIS facilitates the movement of roughly US$9 trillion through the processing of approximately 75 billion transactions in service to more than 20,000 clients around the globe.

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.

FIS vs MRVL — Head-to-Head

Bigger by revenue
FIS
FIS
1.4× larger
FIS
$2.8B
$2.1B
MRVL
Growing faster (revenue YoY)
MRVL
MRVL
+28.7% gap
MRVL
36.8%
8.1%
FIS
Higher net margin
MRVL
MRVL
73.5% more per $
MRVL
91.7%
18.2%
FIS
More free cash flow
FIS
FIS
$230.2M more FCF
FIS
$739.0M
$508.8M
MRVL
Faster 2-yr revenue CAGR
MRVL
MRVL
Annualised
MRVL
20.6%
6.8%
FIS

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
FIS
FIS
MRVL
MRVL
Revenue
$2.8B
$2.1B
Net Profit
$511.0M
$1.9B
Gross Margin
38.3%
51.6%
Operating Margin
18.8%
17.2%
Net Margin
18.2%
91.7%
Revenue YoY
8.1%
36.8%
Net Profit YoY
97.3%
381.1%
EPS (diluted)
$0.98
$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
FIS
FIS
MRVL
MRVL
Q4 25
$2.8B
$2.1B
Q3 25
$2.7B
$2.0B
Q2 25
$2.6B
$1.9B
Q1 25
$2.5B
$1.8B
Q4 24
$2.6B
$1.5B
Q3 24
$2.6B
$1.3B
Q2 24
$2.5B
$1.2B
Q1 24
$2.5B
$1.4B
Net Profit
FIS
FIS
MRVL
MRVL
Q4 25
$511.0M
$1.9B
Q3 25
$264.0M
$194.8M
Q2 25
$-470.0M
$177.9M
Q1 25
$77.0M
$200.2M
Q4 24
$259.0M
$-676.3M
Q3 24
$224.0M
$-193.3M
Q2 24
$243.0M
$-215.6M
Q1 24
$724.0M
$-392.7M
Gross Margin
FIS
FIS
MRVL
MRVL
Q4 25
38.3%
51.6%
Q3 25
37.8%
50.4%
Q2 25
36.4%
50.3%
Q1 25
34.7%
50.5%
Q4 24
36.9%
23.0%
Q3 24
38.0%
46.2%
Q2 24
38.2%
45.5%
Q1 24
37.1%
46.6%
Operating Margin
FIS
FIS
MRVL
MRVL
Q4 25
18.8%
17.2%
Q3 25
16.8%
14.5%
Q2 25
15.6%
14.3%
Q1 25
13.7%
12.9%
Q4 24
18.5%
-46.4%
Q3 24
19.1%
-7.9%
Q2 24
15.2%
-13.1%
Q1 24
14.6%
-2.3%
Net Margin
FIS
FIS
MRVL
MRVL
Q4 25
18.2%
91.7%
Q3 25
9.7%
9.7%
Q2 25
-18.0%
9.4%
Q1 25
3.0%
11.0%
Q4 24
10.0%
-44.6%
Q3 24
8.7%
-15.2%
Q2 24
9.8%
-18.6%
Q1 24
29.3%
-27.5%
EPS (diluted)
FIS
FIS
MRVL
MRVL
Q4 25
$0.98
$2.20
Q3 25
$0.50
$0.22
Q2 25
$-0.90
$0.20
Q1 25
$0.15
$0.23
Q4 24
$0.51
$-0.78
Q3 24
$0.41
$-0.22
Q2 24
$0.44
$-0.25
Q1 24
$1.25
$-0.45

Balance Sheet & Financial Strength

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

Metric
FIS
FIS
MRVL
MRVL
Cash + ST InvestmentsLiquidity on hand
$599.0M
$2.7B
Total DebtLower is stronger
$9.1B
$4.5B
Stockholders' EquityBook value
$13.9B
$14.1B
Total Assets
$33.5B
$21.6B
Debt / EquityLower = less leverage
0.65×
0.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIS
FIS
MRVL
MRVL
Q4 25
$599.0M
$2.7B
Q3 25
$571.0M
$1.2B
Q2 25
$581.0M
$885.9M
Q1 25
$805.0M
$948.3M
Q4 24
$834.0M
$868.1M
Q3 24
$1.3B
$808.7M
Q2 24
$2.1B
$847.7M
Q1 24
$3.3B
$950.8M
Total Debt
FIS
FIS
MRVL
MRVL
Q4 25
$9.1B
$4.5B
Q3 25
$8.9B
$4.5B
Q2 25
$8.9B
$4.2B
Q1 25
$8.7B
$4.1B
Q4 24
$9.7B
$4.1B
Q3 24
$10.5B
$4.1B
Q2 24
$10.6B
$4.1B
Q1 24
$10.6B
$4.2B
Stockholders' Equity
FIS
FIS
MRVL
MRVL
Q4 25
$13.9B
$14.1B
Q3 25
$13.9B
$13.4B
Q2 25
$14.2B
$13.3B
Q1 25
$15.1B
$13.4B
Q4 24
$15.7B
$13.4B
Q3 24
$16.6B
$14.2B
Q2 24
$17.0B
$14.5B
Q1 24
$18.0B
$14.8B
Total Assets
FIS
FIS
MRVL
MRVL
Q4 25
$33.5B
$21.6B
Q3 25
$33.0B
$20.6B
Q2 25
$33.4B
$20.0B
Q1 25
$32.8B
$20.2B
Q4 24
$33.8B
$19.7B
Q3 24
$34.3B
$20.3B
Q2 24
$34.6B
$20.5B
Q1 24
$35.9B
$21.2B
Debt / Equity
FIS
FIS
MRVL
MRVL
Q4 25
0.65×
0.32×
Q3 25
0.64×
0.33×
Q2 25
0.63×
0.32×
Q1 25
0.57×
0.30×
Q4 24
0.62×
0.31×
Q3 24
0.63×
0.29×
Q2 24
0.62×
0.29×
Q1 24
0.59×
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
FIS
FIS
MRVL
MRVL
Operating Cash FlowLast quarter
$758.0M
$582.3M
Free Cash FlowOCF − Capex
$739.0M
$508.8M
FCF MarginFCF / Revenue
26.3%
24.5%
Capex IntensityCapex / Revenue
0.7%
3.5%
Cash ConversionOCF / Net Profit
1.48×
0.31×
TTM Free Cash FlowTrailing 4 quarters
$2.5B
$1.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIS
FIS
MRVL
MRVL
Q4 25
$758.0M
$582.3M
Q3 25
$1.0B
$461.6M
Q2 25
$382.0M
$332.9M
Q1 25
$457.0M
$514.0M
Q4 24
$782.0M
$536.3M
Q3 24
$641.0M
$306.4M
Q2 24
$546.0M
$324.5M
Q1 24
$206.0M
$546.6M
Free Cash Flow
FIS
FIS
MRVL
MRVL
Q4 25
$739.0M
$508.8M
Q3 25
$952.0M
$414.1M
Q2 25
$343.0M
$214.1M
Q1 25
$420.0M
$444.1M
Q4 24
$764.0M
$461.3M
Q3 24
$605.0M
$258.2M
Q2 24
$530.0M
$233.0M
Q1 24
$179.0M
$475.6M
FCF Margin
FIS
FIS
MRVL
MRVL
Q4 25
26.3%
24.5%
Q3 25
35.0%
20.6%
Q2 25
13.1%
11.3%
Q1 25
16.6%
24.4%
Q4 24
29.4%
30.4%
Q3 24
23.5%
20.3%
Q2 24
21.3%
20.1%
Q1 24
7.3%
33.3%
Capex Intensity
FIS
FIS
MRVL
MRVL
Q4 25
0.7%
3.5%
Q3 25
2.2%
2.4%
Q2 25
1.5%
6.3%
Q1 25
1.5%
3.8%
Q4 24
0.7%
4.9%
Q3 24
1.4%
3.8%
Q2 24
0.6%
7.9%
Q1 24
1.1%
5.0%
Cash Conversion
FIS
FIS
MRVL
MRVL
Q4 25
1.48×
0.31×
Q3 25
3.83×
2.37×
Q2 25
1.87×
Q1 25
5.94×
2.57×
Q4 24
3.02×
Q3 24
2.86×
Q2 24
2.25×
Q1 24
0.28×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FIS
FIS

Banking Solutions$1.6B57%
Other$701.0M25%
Capital Market Solutions$508.0M18%

MRVL
MRVL

Segment breakdown not available.

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