Marvell Technology

MRVL Information Technology Market cap $191B as of Sep 14, 2026 16:00 ET S&P 500

Q2 FY27 May 3 – Aug 1, 2026 reported Aug 28, 2026

Revenue$2.74B +37% year over year

Gross profit$1.46B 53% margin

Operating profit$0.46B 17% margin

Net profit$0.31B 11% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q2 FY27 (period ends Aug 1, 2026).
Item	Value	Share of revenue	Year over year
Revenue	2.74	100%	+37%
Cost of revenue	−1.28	47%
Gross profit	1.46	53% margin	+3pp
R&D	−0.74	27%	+1pp
SG&A	−0.26	9%	+0pp
Operating profit	0.46	17% margin	+2pp
Interest & other costs	−0.08
Tax	−0.07
Net profit	0.31	11% margin	+2pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY27 (period ends May 2, 2026).
Item	Value	Share of revenue	Year over year
Revenue	2.42	100%	+28%
Data center	1.83	76%	+27%
Communications & other	0.59	24%	+29%
Cost of revenue	−1.16	48%
Gross profit	1.26	52% margin	+2pp
R&D	−0.65	27%	+0pp
SG&A	−0.26	11%	+1pp
Other	−0.01	0%	+0pp
Operating profit	0.34	14% margin	+0pp
Interest & other costs	−0.26
Tax	−0.05
Net profit	0.04	1% margin	−8pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY26 (period ends Jan 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	2.22	100%	+22%
CN	0.84	38%	+14%
Other countries	0.65	29%	+24%
TW	0.47	21%	+67%
US	0.26	12%	−6%
Cost of revenue	−1.07	48%
Gross profit	1.15	52% margin	+1pp
R&D	−0.54	24%	−3pp
SG&A	−0.20	9%	−2pp
Other	−0.01	1%	+0pp
Operating profit	0.40	18% margin	+5pp
Interest & other costs	−0.02
Tax benefit	0.02
Net profit	0.40	18% margin	+7pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY26 (period ends Nov 1, 2025).
Item	Value	Share of revenue	Year over year
Revenue	2.08	100%	+37%
Data center	1.52	73%	+38%
Enterprise networking	0.24	11%	+57%
Carrier infrastructure	0.17	8%	+98%
Consumer	0.12	6%	+21%
Automotive & industrial	0.04	2%	−58%
Cost of revenue	−1.01	48%
Gross profit	1.07	52% margin	+29pp
R&D	−0.51	25%	−8pp
SG&A	−0.19	9%	−4pp
Other	−0.01	0%	+0pp
Operating profit	0.36	17% margin	+64pp
Other income, net	1.86
Tax	−0.32
Net profit	1.90	92% margin	+136pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Aug 2, 2025).
Item	Value	Share of revenue	Year over year
Revenue	2.01	100%	+58%
Data center	1.49	74%	+69%
Enterprise networking	0.19	10%	+28%
Carrier infrastructure	0.13	6%	+71%
Consumer	0.12	6%	+30%
Automotive & industrial	0.08	4%	+0%
Cost of revenue	−1.00	50%
Gross profit	1.01	50% margin	+4pp
R&D	−0.52	26%	−12pp
SG&A	−0.19	10%	−6pp
Other	−0.01	0%	+0pp
Operating profit	0.29	14% margin	+22pp
Interest & other costs	−0.06
Tax	−0.04
Net profit	0.20	10% margin	+25pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY27 May 3 – Aug 1, 2026 reported Aug 28, 2026 Operating margin 17% Net profit $0.31B	May 3 – Aug 1, 2026	Aug 28, 2026	$2.7B	+37%	17%	$0.31B	11%
Q1 FY27 Feb 1 – May 2, 2026 reported May 28, 2026 Operating margin 14% Net profit $0.04B	Feb 1 – May 2, 2026	May 28, 2026	$2.4B	+28%	14%	$0.04B	1%
Q4 FY26 Nov 2, 2025 – Jan 31, 2026 reported Mar 11, 2026 Operating margin 18% Net profit $0.40B	Nov 2, 2025 – Jan 31, 2026	Mar 11, 2026	$2.2B	+22%	18%	$0.40B	18%
Q3 FY26 Aug 3 – Nov 1, 2025 reported Dec 3, 2025 Operating margin 17% Net profit $1.90B	Aug 3 – Nov 1, 2025	Dec 3, 2025	$2.1B	+37%	17%	$1.90B	92%
Q2 FY26 May 4 – Aug 2, 2025 reported Aug 29, 2025 Operating margin 14% Net profit $0.20B	May 4 – Aug 2, 2025	Aug 29, 2025	$2.0B	+58%	14%	$0.20B	10%