Marvell Technology, Inc. Free cash flow increased by 22.9% to $508.80M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 10.3%, from $461.30M to $508.80M. Over 3 years (FY 2022 to FY 2025), Free cash flow shows an upward trend with a 29.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
cf_free_cash_flow| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $189.87M | $187.86M | $307.48M | $157.90M | $258.90M | $368.30M | $297.50M | $108.60M | $1.40M | $448.60M | $475.60M | $233.00M | $258.20M | $461.30M | $444.10M | $214.10M | $414.10M | $508.80M |
| QoQ Change | — | -1.1% | +63.7% | -48.6% | +64.0% | +42.3% | -19.2% | -63.5% | -98.7% | >999% | +6.0% | -51.0% | +10.8% | +78.7% | -3.7% | -51.8% | +93.4% | +22.9% |
| YoY Change | — | — | — | — | +36.4% | +96.0% | -3.2% | -31.2% | -99.5% | +21.8% | +59.9% | +114.5% | >999% | +2.8% | -6.6% | -8.1% | +60.4% | +10.3% |