Marvell Earnings Reports

Marvell Technology posted a record $2.075 billion in Q3 revenue, significantly boosted by data center demand and a $1.8 billion gain from selling its automotive ethernet business.

Marvell delivered $2.006B in revenue, a 58% YoY increase, with improved profitability. The company saw strength across data center, consumer, and carrier infrastructure, and issued strong forward guidance.

Marvell Technology delivered a robust Q1 FY2026 with record-breaking revenue and solid profitability, significantly boosted by AI-related custom silicon demand in the data center segment.

Marvell Technology, Inc. delivered record fourth-quarter revenue of $1.817 billion, growing 27% year-over-year. The company reported GAAP net income of $200.2 million ($0.23 per share) and non-GAAP net income of $531.4 million ($0.60 per share). The data center segment led growth, increasing 78% year-over-year, while the company saw continued recovery in its multi-market businesses. Marvell also announced a strong revenue outlook for Q1 FY26, expecting over 60% year-over-year growth.

Marvell Technology reported Q3 2025 net revenue of $1.516 billion, a 7% increase year-over-year, driven by strong demand from AI. GAAP net loss was $(676.3) million, or $(0.78) per diluted share, while non-GAAP net income was $373.0 million, or $0.43 per diluted share. The company forecasts continued growth in Q4, driven by custom AI silicon programs and cloud interconnect products.

Marvell Technology, Inc. reported Q2 fiscal year 2025 financial results, with net revenue of $1.273 billion, a 10% sequential increase. The company's performance exceeded its guidance, driven by strong demand from AI. For Q3, Marvell expects all end markets to grow sequentially, with consolidated revenue forecasted to grow 14% sequentially at the mid-point.

Marvell's Q1 2025 revenue was $1.161 billion, exceeding the midpoint of guidance, driven by strong AI demand. Data center revenue increased by 87% year-over-year. The company guides for an 8% sequential revenue increase for Q2 2025, fueled by custom AI silicon.

Marvell Technology, Inc. reported Q4 fiscal year 2024 results with revenue of $1.427 billion, a 1% year-over-year increase. The data center end market experienced significant growth, driven by AI, while other markets are expected to recover in the second half of the fiscal year. GAAP net loss was $(392.7) million, or $(0.45) per diluted share, while non-GAAP net income was $401.6 million, or $0.46 per diluted share.

Marvell Technology reported Q3 fiscal year 2024 net revenue of $1.419 billion, which is above the midpoint of their guidance. The revenue declined by 8% year-over-year, but grew 6% sequentially. The company's datacenter end market experienced over 20% sequential growth.

Marvell Technology reported Q2 fiscal year 2024 financial results with a net revenue of $1.341 billion, which is above the midpoint of the company's guidance. The company's growth is being driven primarily by AI and cloud infrastructure.

Marvell Technology reported Q1 fiscal year 2024 revenue of $1.322 billion, exceeding the midpoint of guidance. The company anticipates revenue growth to accelerate in the second half of the fiscal year, along with gross and operating margin expansion. AI is highlighted as a key growth driver, with AI revenue expected to at least double in fiscal 2024.

Marvell Technology reported Q4 fiscal year 2023 results with a net revenue of $1.419 billion, a 6% year-over-year increase. The company's GAAP net loss was $(15) million, or $(0.02) per diluted share, while non-GAAP net income was $396 million, or $0.46 per diluted share.

Marvell Technology, Inc. reported financial results for the third quarter of fiscal year 2023. Net revenue was $1.537 billion, a record for the company, representing a 27% year-over-year growth. GAAP net income was $13 million, or $0.02 per diluted share, while non-GAAP net income was $492 million, or $0.57 per diluted share.

Marvell Technology, Inc. reported financial results for the second quarter of fiscal year 2023, with net revenue of $1.517 billion, a 41% year-over-year increase. GAAP net income was $4 million, or $0.01 per diluted share, while non-GAAP net income was $486 million, or $0.57 per diluted share.

Marvell Technology reported a strong start to fiscal year 2023, achieving record first-quarter revenue of $1.447 billion, a 74% year-over-year increase. The company's revenue exceeded the midpoint of its guidance, driven by higher-than-forecasted results from the datacenter end market. Marvell is guiding for continued growth in the second quarter.

Marvell Technology, Inc. reported financial results for the fourth quarter and full fiscal year 2022. The company's Q4 net revenue was $1.343 billion, a 68% year-over-year increase, exceeding the midpoint of the company's guidance. GAAP net income for the quarter was $6 million, or $0.01 per diluted share, while non-GAAP net income was $429 million, or $0.50 per diluted share.

Marvell Technology reported record revenue of $1.211 billion for the fiscal third quarter, representing a 61% year-over-year growth. The company's performance was led by substantial revenue growth across all five end markets, with data center being the largest contributor, accounting for 41% of total revenue.

Marvell Technology reported record revenue of $1.076 billion for Q2 2022, exceeding guidance and growing 48% year-over-year. The data center market was the primary growth driver, representing 40% of total revenue.

Marvell Technology reported first-quarter fiscal year 2022 financial results, which include the acquisition of Inphi. The company's revenue grew by 20% year-on-year, driven by strong demand across all key end markets.