Marvell Technology, Inc. Common Stock (MRVL) Financials

Key financial figures for Marvell Technology, Inc. Common Stock (Q2 2027).

Marvell posts record Q2 FY2027 revenue of $2.74B, up 37% year over year, as AI-driven data center demand grows 46% year over year and comprises 79% of total revenue. Q2 FY2027 net revenue of $2,739.3M, up 37% year over year and 13% sequentially, a new quarterly record Data center revenue of $2,171.5M, up 46% year over year and 18% sequentially, now 79% of total revenue; CEO cited 'exceptionally robust' AI-related bookings and broad-based strength across the Data Center portfolio Communications and other revenue of $567.8M, up 10% year over year but down 3% sequentially GAAP net income of $308.0M ($0.33 diluted EPS); non-GAAP net income of $865.9M ($0.94 diluted EPS) on non-GAAP operating margin of 36.6% GAAP gross margin of 53.1%, non-GAAP gross margin of. On the outlook: Q3 FY2027 outlook: net revenue of $3,150M plus or minus 5%, non-GAAP gross margin of 57.5% to 58.5%, and non-GAAP diluted EPS of $1.10 plus or minus $0.05. Figures are for Q2 FY2027, as Marvell Technology, Inc. reported them.

Revenue
$2.7B
Net Income
$308M
EPS
$0.34
Total Assets
$27.6B
Operating Cash Flow
$606M

Recent quarters

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
Q2 FY2027$2.7B$308M$0.3316.68%$479M
Q1 FY2027$2.4B$35M$0.0414.48%$483M
Q4 FY2026$2.2B$396M$0.4618.66%$259M
Q3 FY2026$2.1B$1.9B$2.1917.25%$509M
Q2 FY2026$2.0B$195M$0.2214.46%$413M

Recent fiscal years

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
FY2026$8.2B$2.7B$3.0716.33%$1.4B
FY2025$5.8B-$885M-$1.02-12.49%$1.4B
FY2024$5.5B-$933M-$1.08-10.31%$1.0B

Frequently asked questions

What was Marvell Technology, Inc.'s revenue last quarter?

Marvell Technology, Inc. reported revenue of $2.74 billion for Q2 FY2027, up 36.5% from the same period a year earlier.

Is Marvell Technology, Inc. profitable?

Yes. Marvell Technology, Inc. reported net income of $308.0 million for Q2 FY2027, a net margin of 11.24% on revenue.

How has Marvell Technology, Inc.'s margin trended?

Operating margin was 16.68% in Q2 FY2027, compared with 14.46% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.

How much free cash flow did Marvell Technology, Inc. generate?

Marvell Technology, Inc. generated free cash flow of $478.8 million in Q2 FY2027, after capital expenditure.

Full income statement, balance sheet and cash flow for Marvell Technology, Inc. Common Stock on SentiSense, with up to forty quarters and twenty fiscal years of history.