vs

Side-by-side financial comparison of Global Payments (GPN) 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× Global Payments). Marvell Technology, Inc. runs the higher net margin — 91.7% vs 16.4%, a 75.3% gap on every dollar of revenue. On growth, Marvell Technology, Inc. posted the faster year-over-year revenue change (36.8% vs -47.1%). Marvell Technology, Inc. produced more free cash flow last quarter ($508.8M vs $347.0M). Over the past eight quarters, Marvell Technology, Inc.'s revenue compounded faster (20.6% CAGR vs -25.9%).

Global Payments Inc. is an American multinational financial technology company that provides payment technology and services to merchants, issuers and consumers. In June 2021, the company was named to the Fortune 500. The company processes payments made through credit cards, debit cards, and digital and contactless payments.

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.

GPN vs MRVL — Head-to-Head

Bigger by revenue
MRVL
MRVL
1.6× larger
MRVL
$2.1B
$1.3B
GPN
Growing faster (revenue YoY)
MRVL
MRVL
+84.0% gap
MRVL
36.8%
-47.1%
GPN
Higher net margin
MRVL
MRVL
75.3% more per $
MRVL
91.7%
16.4%
GPN
More free cash flow
MRVL
MRVL
$161.8M more FCF
MRVL
$508.8M
$347.0M
GPN
Faster 2-yr revenue CAGR
MRVL
MRVL
Annualised
MRVL
20.6%
-25.9%
GPN

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
GPN
GPN
MRVL
MRVL
Revenue
$1.3B
$2.1B
Net Profit
$217.5M
$1.9B
Gross Margin
89.7%
51.6%
Operating Margin
5.9%
17.2%
Net Margin
16.4%
91.7%
Revenue YoY
-47.1%
36.8%
Net Profit YoY
-61.6%
381.1%
EPS (diluted)
$0.91
$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
GPN
GPN
MRVL
MRVL
Q4 25
$1.3B
$2.1B
Q3 25
$2.0B
$2.0B
Q2 25
$2.0B
$1.9B
Q1 25
$2.4B
$1.8B
Q4 24
$2.5B
$1.5B
Q3 24
$2.6B
$1.3B
Q2 24
$2.6B
$1.2B
Q1 24
$2.4B
$1.4B
Net Profit
GPN
GPN
MRVL
MRVL
Q4 25
$217.5M
$1.9B
Q3 25
$635.2M
$194.8M
Q2 25
$241.6M
$177.9M
Q1 25
$305.7M
$200.2M
Q4 24
$567.2M
$-676.3M
Q3 24
$315.1M
$-193.3M
Q2 24
$374.8M
$-215.6M
Q1 24
$313.3M
$-392.7M
Gross Margin
GPN
GPN
MRVL
MRVL
Q4 25
89.7%
51.6%
Q3 25
72.3%
50.4%
Q2 25
74.5%
50.3%
Q1 25
61.8%
50.5%
Q4 24
62.1%
23.0%
Q3 24
63.6%
46.2%
Q2 24
63.5%
45.5%
Q1 24
61.9%
46.6%
Operating Margin
GPN
GPN
MRVL
MRVL
Q4 25
5.9%
17.2%
Q3 25
38.8%
14.5%
Q2 25
21.8%
14.3%
Q1 25
19.5%
12.9%
Q4 24
33.1%
-46.4%
Q3 24
18.3%
-7.9%
Q2 24
22.3%
-13.1%
Q1 24
18.7%
-2.3%
Net Margin
GPN
GPN
MRVL
MRVL
Q4 25
16.4%
91.7%
Q3 25
31.6%
9.7%
Q2 25
12.3%
9.4%
Q1 25
12.7%
11.0%
Q4 24
22.5%
-44.6%
Q3 24
12.1%
-15.2%
Q2 24
14.6%
-18.6%
Q1 24
12.9%
-27.5%
EPS (diluted)
GPN
GPN
MRVL
MRVL
Q4 25
$0.91
$2.20
Q3 25
$2.64
$0.22
Q2 25
$0.99
$0.20
Q1 25
$1.24
$0.23
Q4 24
$2.23
$-0.78
Q3 24
$1.24
$-0.22
Q2 24
$1.47
$-0.25
Q1 24
$1.22
$-0.45

Balance Sheet & Financial Strength

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

Metric
GPN
GPN
MRVL
MRVL
Cash + ST InvestmentsLiquidity on hand
$8.3B
$2.7B
Total DebtLower is stronger
$19.5B
$4.5B
Stockholders' EquityBook value
$22.9B
$14.1B
Total Assets
$53.3B
$21.6B
Debt / EquityLower = less leverage
0.85×
0.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GPN
GPN
MRVL
MRVL
Q4 25
$8.3B
$2.7B
Q3 25
$2.6B
$1.2B
Q2 25
$2.6B
$885.9M
Q1 25
$2.9B
$948.3M
Q4 24
$2.5B
$868.1M
Q3 24
$2.9B
$808.7M
Q2 24
$2.1B
$847.7M
Q1 24
$2.2B
$950.8M
Total Debt
GPN
GPN
MRVL
MRVL
Q4 25
$19.5B
$4.5B
Q3 25
$13.3B
$4.5B
Q2 25
$14.2B
$4.2B
Q1 25
$15.0B
$4.1B
Q4 24
$15.2B
$4.1B
Q3 24
$15.2B
$4.1B
Q2 24
$15.6B
$4.1B
Q1 24
$15.6B
$4.2B
Stockholders' Equity
GPN
GPN
MRVL
MRVL
Q4 25
$22.9B
$14.1B
Q3 25
$22.7B
$13.4B
Q2 25
$22.6B
$13.3B
Q1 25
$22.2B
$13.4B
Q4 24
$22.3B
$13.4B
Q3 24
$22.8B
$14.2B
Q2 24
$22.4B
$14.5B
Q1 24
$22.2B
$14.8B
Total Assets
GPN
GPN
MRVL
MRVL
Q4 25
$53.3B
$21.6B
Q3 25
$48.0B
$20.6B
Q2 25
$48.5B
$20.0B
Q1 25
$47.6B
$20.2B
Q4 24
$46.9B
$19.7B
Q3 24
$50.0B
$20.3B
Q2 24
$50.8B
$20.5B
Q1 24
$51.8B
$21.2B
Debt / Equity
GPN
GPN
MRVL
MRVL
Q4 25
0.85×
0.32×
Q3 25
0.59×
0.33×
Q2 25
0.63×
0.32×
Q1 25
0.67×
0.30×
Q4 24
0.68×
0.31×
Q3 24
0.67×
0.29×
Q2 24
0.70×
0.29×
Q1 24
0.70×
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
GPN
GPN
MRVL
MRVL
Operating Cash FlowLast quarter
$515.2M
$582.3M
Free Cash FlowOCF − Capex
$347.0M
$508.8M
FCF MarginFCF / Revenue
26.1%
24.5%
Capex IntensityCapex / Revenue
12.7%
3.5%
Cash ConversionOCF / Net Profit
2.37×
0.31×
TTM Free Cash FlowTrailing 4 quarters
$2.0B
$1.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GPN
GPN
MRVL
MRVL
Q4 25
$515.2M
$582.3M
Q3 25
$768.7M
$461.6M
Q2 25
$817.5M
$332.9M
Q1 25
$555.1M
$514.0M
Q4 24
$653.4M
$536.3M
Q3 24
$1.7B
$306.4M
Q2 24
$736.9M
$324.5M
Q1 24
$416.3M
$546.6M
Free Cash Flow
GPN
GPN
MRVL
MRVL
Q4 25
$347.0M
$508.8M
Q3 25
$598.9M
$414.1M
Q2 25
$665.4M
$214.1M
Q1 25
$427.5M
$444.1M
Q4 24
$469.4M
$461.3M
Q3 24
$1.6B
$258.2M
Q2 24
$557.7M
$233.0M
Q1 24
$270.9M
$475.6M
FCF Margin
GPN
GPN
MRVL
MRVL
Q4 25
26.1%
24.5%
Q3 25
29.8%
20.6%
Q2 25
34.0%
11.3%
Q1 25
17.7%
24.4%
Q4 24
18.7%
30.4%
Q3 24
60.0%
20.3%
Q2 24
21.7%
20.1%
Q1 24
11.2%
33.3%
Capex Intensity
GPN
GPN
MRVL
MRVL
Q4 25
12.7%
3.5%
Q3 25
8.5%
2.4%
Q2 25
7.8%
6.3%
Q1 25
5.3%
3.8%
Q4 24
7.3%
4.9%
Q3 24
6.4%
3.8%
Q2 24
7.0%
7.9%
Q1 24
6.0%
5.0%
Cash Conversion
GPN
GPN
MRVL
MRVL
Q4 25
2.37×
0.31×
Q3 25
1.21×
2.37×
Q2 25
3.38×
1.87×
Q1 25
1.82×
2.57×
Q4 24
1.15×
Q3 24
5.48×
Q2 24
1.97×
Q1 24
1.33×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GPN
GPN

Integrated And Embedded Solutions$869.3M65%
Point Of Sale And Software Solutions$281.7M21%
Other$178.4M13%

MRVL
MRVL

Segment breakdown not available.

Related Comparisons