MRVL · Q3 FY26 · Aug 3 – Nov 1, 2025
Marvell Technology Q3 FY26: where the revenue came from and where it went
Marvell Technology Q3 FY26: revenue $2.1B (+37% year over year). Net profit $1.9B. Largest cohort Data Center $1.5B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Aug 3 – Nov 1, 2025
- Reported
- Dec 3, 2025
Tap the diagram to enlarge · figures in billions of dollars
Revenue$2.1B
+37% year over year
Gross profit$1.1B
52% margin
Operating profit$0.4B
17% margin
Net profit$1.9B
92% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.1 | 100% | +37% |
| Data Center | 1.5 | 71% | +38% |
| Enterprise Networking | 0.2 | 10% | +57% |
| Carrier Infrastructure | 0.2 | 10% | +98% |
| Consumer | 0.1 | 5% | +21% |
| Cost of revenue | −1 | 48% | |
| Gross profit | 1.1 | 52% margin | +29pp |
| Research & development | −0.5 | 25% | −8pp |
| SG&A | −0.2 | 9% | −4pp |
| Operating profit | 0.4 | 17% margin | +64pp |
| Tax | −0.4 | ||
| Net profit | 1.9 | 92% | +136pp |
Older quarters
-
Q1 FY27 5/2026Revenue $2.4B Net margin 1%
-
Q4 FY26 1/2026Revenue $2.2B Net margin 18%
-
Q2 FY26 8/2025Revenue $2B Net margin 10%
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