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Marvell Technology, Inc. (MRVL) stock

MRVLNasdaqSemiconductors & Related DevicesFiscal year ends January 30
Financials through Q2 FY2027, quarter ended Aug 1, 2026Last filing: 10-Q on Aug 28, 2026Score 16/30159% above fair value
$196.40−21.94 (-10.05%)

Close on Oct 30, 2026Market cap $172.22BP/E 64.8Yield 0.12%

Earnings

Marvell Technology's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report
Dec 1, 2026
Q3 FY2027 · estimated, after the close
Revenue, Q2 FY2027
$2.74B
+36.5% on a year earlier
non-GAAP diluted income per share, Q2 FY2027
$0.94
$0.67 a year earlier
Latest guidance
Issued
Aug 27, 2026 · 7 items

Quarterly results

Revenue and earnings per share from each of Marvell Technology's earnings releases, newest first

QuarterReportedRevenueYoYEPSAdj. EPSSource
Q3 FY2027ended Nov 1, 2026Dec 1, 2026Expected–––––
Q2 FY2027ended Aug 1, 2026Aug 27, 2026after the close$2.74B+36.5%$0.33$0.94Release
Q1 FY2027ended May 2, 2026May 27, 2026after the close$2.42B+27.6%$0.04$0.80Release
Q4 FY2026ended Jan 31, 2026Mar 5, 2026after the close$2.22B+22.1%$0.46$0.80Release
Q3 FY2026ended Nov 1, 2025Dec 2, 2025after the close$2.08B+36.9%$2.20$0.76Release
Q2 FY2026ended Aug 2, 2025Aug 28, 2025after the close$2.01B+57.6%$0.22$0.67Release
Q1 FY2026ended May 3, 2025May 29, 2025after the close$1.90B+63.2%$0.20$0.62Release
Q4 FY2025ended Feb 1, 2025Mar 5, 2025after the close$1.82B+27.3%$0.23$0.60Release
Q3 FY2025ended Nov 2, 2024Dec 3, 2024after the close$1.52B+6.8%-$0.78$0.43Release
Q2 FY2025ended Aug 3, 2024Aug 29, 2024after the close$1.27B-5.1%-$0.22$0.30Release
Q1 FY2025ended May 4, 2024May 30, 2024after the close$1.16B-12.2%-$0.25$0.24Release
Q4 FY2024ended Feb 3, 2024Mar 7, 2024after the close$1.43B+0.6%-$0.45$0.46Release

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

Marvell Technology's latest outlook for periods it has not reported yet, compared with what it said before

MetricPeriodGuidanceBeforeChangeGiven
Net revenueQ3 FY2027$3.15B–NewAug 27, 2026
GAAP gross marginGAAPQ3 FY202752.9% – 53.9%–NewAug 27, 2026
Non-GAAP gross marginnon-GAAPQ3 FY202757.5% – 58.5%–NewAug 27, 2026
GAAP diluted net income per shareGAAPQ3 FY2027$0.53–NewAug 27, 2026
Non-GAAP diluted net income per sharenon-GAAPQ3 FY2027$1.10–NewAug 27, 2026
GAAP operating expensesGAAPQ3 FY2027$1.02B–NewAug 27, 2026
Non-GAAP operating expensesnon-GAAPQ3 FY2027$655.00M–NewAug 27, 2026

Guidance vs results

The last range Marvell Technology gave before each report, against the figure it then reported. Full years add up the four quarters.

PeriodMetricGuidanceActualResult
Q2 FY2027EPS (GAAP)$0.37$0.33Below range
Q2 FY2027Non-GAAP diluted net income per share$0.93$0.94Above range
Q2 FY2027Revenue$2.70B$2.74BAbove range
Q1 FY2027EPS (GAAP)$0.31$0.04Below range
Q1 FY2027Non-GAAP diluted net income per share$0.79$0.80Above range
Q1 FY2027Revenue$2.40B$2.42BAbove range
FY2026Revenue growth+40%+42.1%Σ4QAbove range
Q4 FY2026EPS (GAAP)$0.36$0.46Above range
Q4 FY2026Non-GAAP diluted net income per share$0.79$0.80Above range
Q4 FY2026Revenue$2.20B$2.22BAbove range
Q3 FY2026EPS (GAAP)$2.03$2.20Above range
Q3 FY2026Non-GAAP diluted net income per share$0.74$0.76Above range

Guidance history

Every forecast Marvell Technology put in an earnings release, newest first

GivenMetricPeriodGuidanceChange
Aug 27, 2026Non-GAAP diluted net income per shareQ3 FY2027$1.10New
Aug 27, 2026GAAP diluted net income per shareQ3 FY2027$0.53New
Aug 27, 2026GAAP gross marginQ3 FY202752.9% – 53.9%New
Aug 27, 2026Non-GAAP gross marginQ3 FY202757.5% – 58.5%New
Aug 27, 2026GAAP operating expensesQ3 FY2027$1.02BNew
Aug 27, 2026Non-GAAP operating expensesQ3 FY2027$655.00MNew
Aug 27, 2026Net revenueQ3 FY2027$3.15BNew
May 27, 2026Non-GAAP diluted net income per shareQ2 FY2027$0.93New
May 27, 2026GAAP diluted net income per shareQ2 FY2027$0.37New
May 27, 2026GAAP gross marginQ2 FY202752.1% – 53.1%New
May 27, 2026Non-GAAP gross marginQ2 FY202758.25% – 59.25%New
May 27, 2026GAAP operating expensesQ2 FY2027$960.00MNew
May 27, 2026Non-GAAP operating expensesQ2 FY2027$600.00MNew
May 27, 2026Net revenueQ2 FY2027$2.70BNew
Mar 5, 2026Non-GAAP diluted net income per shareQ1 FY2027$0.79New
Mar 5, 2026GAAP diluted net income per shareQ1 FY2027$0.31New
Mar 5, 2026GAAP gross marginQ1 FY202751.4% – 52.4%New
Mar 5, 2026Non-GAAP gross marginQ1 FY202758.25% – 59.25%New
Mar 5, 2026Basic weighted-average shares outstandingQ1 FY2027876New
Mar 5, 2026Diluted weighted-average shares outstandingQ1 FY2027883Raised

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.

Press releases

Releases Marvell Technology filed with the SEC as exhibits to Form 8-K or 6-K

  1. News
  2. Results
  3. News
  4. Update
  5. Results
  6. Update
  7. News
  8. Results
  9. News
  10. Results
  11. News
  12. News
  13. Results
  14. News
  15. News