MRVL · Q2 FY26 · May 4 – Aug 2, 2025
Marvell Technology Q2 FY26: where the revenue came from and where it went
Marvell Technology Q2 FY26: revenue $2B (+58% year over year). Net profit $0.2B. Largest cohort Data Center $1.5B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- May 4 – Aug 2, 2025
- Reported
- Aug 29, 2025
Tap the diagram to enlarge · figures in billions of dollars
Revenue$2B
+58% year over year
Gross profit$1B
50% margin
Operating profit$0.3B
14% margin
Net profit$0.2B
10% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2 | 100% | +58% |
| Data Center | 1.5 | 75% | +69% |
| Enterprise Networking | 0.2 | 10% | +28% |
| Carrier Infrastructure | 0.1 | 5% | +71% |
| Consumer | 0.1 | 5% | +30% |
| Automotive and Industrial | 0.1 | 5% | +0% |
| Cost of revenue | −1 | 50% | |
| Gross profit | 1 | 50% margin | +4pp |
| Research & development | −0.5 | 26% | −12pp |
| SG&A | −0.2 | 10% | −6pp |
| Operating profit | 0.3 | 14% margin | +22pp |
| Interest & other costs | −0.1 | ||
| Net profit | 0.2 | 10% | +25pp |
Older quarters
-
Q1 FY27 5/2026Revenue $2.4B Net margin 1%
-
Q4 FY26 1/2026Revenue $2.2B Net margin 18%
-
Q3 FY26 11/2025Revenue $2.1B Net margin 92%
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