What is Marvell Technology, Inc.'s business segments — product costs?

Marvell Technology, Inc. (MRVL) reported business segments — product costs of $994M in Q1 2026.

How has Marvell Technology, Inc.'s business segments — product costs changed year-over-year?

Marvell Technology, Inc.'s business segments — product costs increased by 30.5% year-over-year, from $761.8M to $994M.

What is the long-term trend for Marvell Technology, Inc.'s business segments — product costs?

Over 3 years (2023 to 2026), Marvell Technology, Inc.'s business segments — product costs has grown at a 16.5% compound annual growth rate (CAGR), from $2.1B to $3.32B.

What does business segments — product costs mean?

The direct costs incurred to produce the goods sold by a business segment.

Business Segments · Product costs

Business Segments — Product costs

Marvell Technology, Inc. Business Segments — Product costs increased by 9.2% to $994M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 30.5%, from $761.8M to $994M. Over 3 years (FY 2023 to FY 2026), Business Segments — Product costs shows an upward trend with a 16.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment

CategoryProfitability

SignalLower is better

VolatilityStable

First reportedQ1 2023

Last reportedQ1 2027May 28, 2026

Rolls up toProduct and distribution costs

How to read this metric

An increase relative to revenue suggests margin compression, while a decrease indicates improved manufacturing efficiency or lower input costs.

Detailed definition

This reflects the direct costs associated with manufacturing or acquiring the products sold by a specific business segme...

Peer comparison

Comparable to Cost of Goods Sold (COGS) at the segment level for other semiconductor or hardware manufacturers.

Metric ID: mrvl_segment_reportable_segment_product_costs

Historical Data

17 periods

	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26	Q4 '26	Q1 '27
Value	$525.55M	$525.55M	$525.55M	$525.55M	$534.2M	$534.2M	$534.2M	$534.2M	$436.9M	$485.4M	$599M	$725.4M	$761.8M	$814.7M	$836.4M	$909.9M	$994M
QoQ Change	—	+0.0%	+0.0%	+0.0%	+1.6%	+0.0%	+0.0%	+0.0%	-18.2%	+11.1%	+23.4%	+21.1%	+5.0%	+6.9%	+2.7%	+8.8%	+9.2%
YoY Change	—	—	—	—	+1.6%	+1.6%	+1.6%	+1.6%	-18.2%	-9.1%	+12.1%	+35.8%	+74.4%	+67.8%	+39.6%	+25.4%	+30.5%

Range$436.9M – $994M

CAGR+17.3%

Avg YoY Growth+20.4%

Median YoY Growth+12.1%

Current Streak8 quarters growth

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Frequently Asked Questions

What is Marvell Technology, Inc.'s business segments — product costs?: Marvell Technology, Inc. (MRVL) reported business segments — product costs of $994M in Q1 2026.
How has Marvell Technology, Inc.'s business segments — product costs changed year-over-year?: Marvell Technology, Inc.'s business segments — product costs increased by 30.5% year-over-year, from $761.8M to $994M.
What is the long-term trend for Marvell Technology, Inc.'s business segments — product costs?: Over 3 years (2023 to 2026), Marvell Technology, Inc.'s business segments — product costs has grown at a 16.5% compound annual growth rate (CAGR), from $2.1B to $3.32B.
What does business segments — product costs mean?: The direct costs incurred to produce the goods sold by a business segment.