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Side-by-side financial comparison of Marvell Technology, Inc. (MRVL) and SILICON LABORATORIES INC. (SLAB). Click either name above to swap in a different company.

Marvell Technology, Inc. is the larger business by last-quarter revenue ($2.1B vs $208.2M, roughly 10.0× SILICON LABORATORIES INC.). On growth, Marvell Technology, Inc. posted the faster year-over-year revenue change (36.8% vs 25.2%). Marvell Technology, Inc. produced more free cash flow last quarter ($508.8M vs $-1.6M). Over the past eight quarters, SILICON LABORATORIES INC.'s revenue compounded faster (39.9% CAGR vs 20.6%).

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.

Silicon Laboratories, Inc., commonly referred to as Silicon Labs, is a fabless global technology company that designs and manufactures semiconductors, other silicon devices and software, which it sells to electronics design engineers and manufacturers in Internet of Things (IoT) infrastructure worldwide.

MRVL vs SLAB — Head-to-Head

Bigger by revenue
MRVL
MRVL
10.0× larger
MRVL
$2.1B
$208.2M
SLAB
Growing faster (revenue YoY)
MRVL
MRVL
+11.6% gap
MRVL
36.8%
25.2%
SLAB
More free cash flow
MRVL
MRVL
$510.4M more FCF
MRVL
$508.8M
$-1.6M
SLAB
Faster 2-yr revenue CAGR
SLAB
SLAB
Annualised
SLAB
39.9%
20.6%
MRVL

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
MRVL
MRVL
SLAB
SLAB
Revenue
$2.1B
$208.2M
Net Profit
$1.9B
Gross Margin
51.6%
63.4%
Operating Margin
17.2%
-1.6%
Net Margin
91.7%
Revenue YoY
36.8%
25.2%
Net Profit YoY
381.1%
EPS (diluted)
$2.20
$-0.07

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
MRVL
MRVL
SLAB
SLAB
Q1 26
$208.2M
Q4 25
$2.1B
$206.0M
Q3 25
$2.0B
$192.8M
Q2 25
$1.9B
$177.7M
Q1 25
$1.8B
Q4 24
$1.5B
$166.2M
Q3 24
$1.3B
$166.4M
Q2 24
$1.2B
$145.4M
Net Profit
MRVL
MRVL
SLAB
SLAB
Q1 26
Q4 25
$1.9B
$-9.9M
Q3 25
$194.8M
$-21.8M
Q2 25
$177.9M
Q1 25
$200.2M
Q4 24
$-676.3M
Q3 24
$-193.3M
$-28.5M
Q2 24
$-215.6M
$-82.2M
Gross Margin
MRVL
MRVL
SLAB
SLAB
Q1 26
63.4%
Q4 25
51.6%
57.8%
Q3 25
50.4%
56.1%
Q2 25
50.3%
55.0%
Q1 25
50.5%
Q4 24
23.0%
54.3%
Q3 24
46.2%
54.3%
Q2 24
45.5%
52.7%
Operating Margin
MRVL
MRVL
SLAB
SLAB
Q1 26
-1.6%
Q4 25
17.2%
-6.0%
Q3 25
14.5%
-11.9%
Q2 25
14.3%
-18.1%
Q1 25
12.9%
Q4 24
-46.4%
-17.2%
Q3 24
-7.9%
-17.9%
Q2 24
-13.1%
-33.0%
Net Margin
MRVL
MRVL
SLAB
SLAB
Q1 26
Q4 25
91.7%
-4.8%
Q3 25
9.7%
-11.3%
Q2 25
9.4%
Q1 25
11.0%
Q4 24
-44.6%
Q3 24
-15.2%
-17.1%
Q2 24
-18.6%
-56.5%
EPS (diluted)
MRVL
MRVL
SLAB
SLAB
Q1 26
$-0.07
Q4 25
$2.20
$-0.30
Q3 25
$0.22
$-0.67
Q2 25
$0.20
$-0.94
Q1 25
$0.23
Q4 24
$-0.78
$-0.72
Q3 24
$-0.22
$-0.88
Q2 24
$-0.25
$-2.56

Balance Sheet & Financial Strength

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

Metric
MRVL
MRVL
SLAB
SLAB
Cash + ST InvestmentsLiquidity on hand
$2.7B
$443.6M
Total DebtLower is stronger
$4.5B
Stockholders' EquityBook value
$14.1B
$1.1B
Total Assets
$21.6B
$1.3B
Debt / EquityLower = less leverage
0.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MRVL
MRVL
SLAB
SLAB
Q1 26
$443.6M
Q4 25
$2.7B
$439.0M
Q3 25
$1.2B
$415.5M
Q2 25
$885.9M
$424.8M
Q1 25
$948.3M
Q4 24
$868.1M
$382.2M
Q3 24
$808.7M
$369.7M
Q2 24
$847.7M
$339.2M
Total Debt
MRVL
MRVL
SLAB
SLAB
Q1 26
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
Stockholders' Equity
MRVL
MRVL
SLAB
SLAB
Q1 26
$1.1B
Q4 25
$14.1B
$1.1B
Q3 25
$13.4B
$1.1B
Q2 25
$13.3B
$1.1B
Q1 25
$13.4B
Q4 24
$13.4B
$1.1B
Q3 24
$14.2B
$1.1B
Q2 24
$14.5B
$1.1B
Total Assets
MRVL
MRVL
SLAB
SLAB
Q1 26
$1.3B
Q4 25
$21.6B
$1.3B
Q3 25
$20.6B
$1.2B
Q2 25
$20.0B
$1.2B
Q1 25
$20.2B
Q4 24
$19.7B
$1.2B
Q3 24
$20.3B
$1.2B
Q2 24
$20.5B
$1.2B
Debt / Equity
MRVL
MRVL
SLAB
SLAB
Q1 26
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×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MRVL
MRVL
SLAB
SLAB
Operating Cash FlowLast quarter
$582.3M
$8.3M
Free Cash FlowOCF − Capex
$508.8M
$-1.6M
FCF MarginFCF / Revenue
24.5%
-0.8%
Capex IntensityCapex / Revenue
3.5%
4.8%
Cash ConversionOCF / Net Profit
0.31×
TTM Free Cash FlowTrailing 4 quarters
$1.6B
$65.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MRVL
MRVL
SLAB
SLAB
Q1 26
$8.3M
Q4 25
$582.3M
$34.3M
Q3 25
$461.6M
$4.9M
Q2 25
$332.9M
$48.1M
Q1 25
$514.0M
Q4 24
$536.3M
$10.1M
Q3 24
$306.4M
$31.6M
Q2 24
$324.5M
$16.1M
Free Cash Flow
MRVL
MRVL
SLAB
SLAB
Q1 26
$-1.6M
Q4 25
$508.8M
$27.9M
Q3 25
$414.1M
$-3.8M
Q2 25
$214.1M
$43.3M
Q1 25
$444.1M
Q4 24
$461.3M
$6.2M
Q3 24
$258.2M
$29.4M
Q2 24
$233.0M
$12.6M
FCF Margin
MRVL
MRVL
SLAB
SLAB
Q1 26
-0.8%
Q4 25
24.5%
13.6%
Q3 25
20.6%
-2.0%
Q2 25
11.3%
24.4%
Q1 25
24.4%
Q4 24
30.4%
3.7%
Q3 24
20.3%
17.7%
Q2 24
20.1%
8.7%
Capex Intensity
MRVL
MRVL
SLAB
SLAB
Q1 26
4.8%
Q4 25
3.5%
3.1%
Q3 25
2.4%
4.5%
Q2 25
6.3%
2.7%
Q1 25
3.8%
Q4 24
4.9%
2.4%
Q3 24
3.8%
1.3%
Q2 24
7.9%
2.4%
Cash Conversion
MRVL
MRVL
SLAB
SLAB
Q1 26
Q4 25
0.31×
Q3 25
2.37×
Q2 25
1.87×
Q1 25
2.57×
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

MRVL
MRVL

Segment breakdown not available.

SLAB
SLAB

Sales Channel Through Intermediary$157.5M76%
Sales Channel Directly To Consumer$50.7M24%

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