Current Assets

Work in process

Marvell Technology, Inc. Work in process increased by 5.5% to $1.17B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 57.8%, from $739.00M to $1.17B. Over 5 years (FY 2021 to FY 2026), Work in process shows an upward trend with a 42.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
First reportedQ4 2021
Last reportedQ1 2027May 28, 2026
Parent metricInventories
Metric ID: inv_work_in_progress

Historical Data

21 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Value$383.31M$372.05M$516.65M$578.90M$661.80M$707.70M$734.30M$756.30M$668.20M$632.70M$579.90M$523.80M$527.10M$584.90M$643.90M$709.00M$739.00M$738.60M$765.50M$1.11B$1.17B
QoQ Change-2.9%+38.9%+12.0%+14.3%+6.9%+3.8%+3.0%-11.6%-5.3%-8.3%-9.7%+0.6%+11.0%+10.1%+10.1%+4.2%-0.1%+3.6%+44.4%+5.5%
YoY Change+72.7%+90.2%+42.1%+30.6%+1.0%-10.6%-21.0%-30.7%-21.1%-7.6%+11.0%+35.4%+40.2%+26.3%+18.9%+55.9%+57.8%
% of Inventories71.2%81.0%82.2%80.4%79.2%77.5%76.7%70.8%65.1%62.3%61.6%60.6%63.8%71.5%74.9%68.9%69.0%70.2%75.5%79.7%83.3%
Share Change+9.7pp+1.2pp-1.8pp-1.2pp-1.7pp-0.8pp-5.9pp-5.7pp-2.8pp-0.7pp-1.0pp+3.2pp+7.7pp+3.4pp-6.1pp+0.1pp+1.3pp+5.2pp+4.2pp+3.6pp
Range$372.05M$1.17B
CAGR+24.9%
Avg YoY Growth+23.0%
Median YoY Growth+26.3%
Current Streak3 quarters growth

Frequently Asked Questions

What is Marvell Technology, Inc.'s work in process?
Marvell Technology, Inc. (MRVL) reported work in process of $1.17B in Q1 2026.
How has Marvell Technology, Inc.'s work in process changed year-over-year?
Marvell Technology, Inc.'s work in process increased by 57.8% year-over-year, from $739.00M to $1.17B.
What is the long-term trend for Marvell Technology, Inc.'s work in process?
Over 5 years (2021 to 2026), Marvell Technology, Inc.'s work in process has grown at a 42.6% compound annual growth rate (CAGR), from $187.35M to $1.11B.