Marvell Technology, Inc.MRVLEarnings & Financial Report
Marvell Technology, Inc. is an American company, headquartered in Santa Clara, California, which develops and produces semiconductors and related technology. Founded in 1995, the company had more than 6,500 employees as of 2024, with over 10,000 patents worldwide, and an annual revenue of $5.5 billion for fiscal 2024.
Revenue
$1.2B
Gross Profit
$527.8M
Operating Profit
$-152.3M
Net Profit
$-215.6M
Gross Margin
45.5%
Operating Margin
-13.1%
Net Margin
-18.6%
YoY Growth
-13.4%
EPS
$-0.25
Financial Flow
Marvell Technology, Inc. Q2 2025 Financial Summary
Marvell Technology, Inc. reported revenue of $1.2B (down 13.4% YoY) for Q2 2025, with a net profit of $-215.6M (down 3.9% YoY) (-18.6% margin). Cost of goods sold was $633.1M, operating expenses totaled $680.1M.
Key Financial Metrics
| Total Revenue | $1.2B |
|---|---|
| Net Profit | $-215.6M |
| Gross Margin | 45.5% |
| Operating Margin | -13.1% |
| Report Period | Q2 2025 |
Revenue Breakdown
Marvell Technology, Inc. Q2 2025 revenue of $1.2B breaks down across 5 segments, led by Data Center at $816.4M (70.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Data Center | $816.4M | 70.3% |
| Enterprise Networking | $153.1M | 13.2% |
| Automotive And Industrial | $77.6M | 6.7% |
| Carrier Infrastructure | $71.8M | 6.2% |
| Consumer | $42.0M | 3.6% |
Marvell Technology, Inc. Revenue by Segment — Quarterly Trend
Marvell Technology, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Data Center and Enterprise Networking) has evolved quarter over quarter.
| Segment | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 |
|---|---|---|---|---|
| Data Center | — | $1.5B | $1.4B | $1.7B |
| Enterprise Networking | — | $193.6M | $177.5M | — |
| Automotive And Industrial | — | $76.0M | $75.7M | — |
| Carrier Infrastructure | — | $130.1M | $138.4M | — |
| Consumer | — | $115.9M | $63.1M | — |
Marvell Technology, Inc. Annual Revenue by Year
Marvell Technology, Inc. annual revenue history includes year-by-year totals (for example, 2026 revenue was $7.8B).
| Year | Annual Revenue |
|---|---|
| 2026 | $7.8B |
| 2025 | $5.4B |
| 2024 | $5.6B |
| 2023 | $5.9B |
Marvell Technology, Inc. Quarterly Revenue & Net Profit History
Marvell Technology, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2026 | $2.1B | +36.8% | $1.9B | 91.7% |
| Q3 2026 | $2.0B | +57.6% | $194.8M | 9.7% |
| Q2 2026 | $1.9B | +63.3% | $177.9M | 9.4% |
| Q1 2026 | $1.8B | +27.4% | $200.2M | 11.0% |
| Q4 2025 | $1.5B | +0.0% | $-676.3M | -44.6% |
| Q3 2025 | $1.3B | -10.3% | $-193.3M | -15.2% |
| Q2 2025 | $1.2B | -13.4% | $-215.6M | -18.6% |
| Q1 2025 | $1.4B | +7.9% | $-392.7M | -27.5% |
Income Statement
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.43B | $1.16B | $1.27B | $1.52B | $1.82B | $1.90B | $2.01B | $2.07B |
| YoY Growth | 7.9% | -13.4% | -10.3% | 0.0% | 27.4% | 63.3% | 57.6% | 36.8% |
Balance Sheet
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $21.23B | $20.49B | $20.29B | $19.72B | $20.20B | $20.02B | $20.59B | $21.58B |
| Liabilities | $6.40B | $6.01B | $6.09B | $6.34B | $6.78B | $6.71B | $7.16B | $7.52B |
| Equity | $14.83B | $14.48B | $14.20B | $13.37B | $13.43B | $13.31B | $13.42B | $14.06B |
Cash Flow
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $546.6M | $324.5M | $306.4M | $536.3M | $514.0M | $332.9M | $461.6M | $582.3M |