Marvell Technology Quarterly Income Statement
NASDAQ: MRVLTechnologySemiconductorsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Marvell Technology revenue and earnings
In the quarter ended Aug 1, 2026, Marvell Technology generated $2.74 billion in revenue, up 36.5% from the same quarter a year earlier. Net income was $308.0 million (+58.1% year over year), for a net margin of 11.2% versus a median of 9.7% in the prior 5 quarters. Gross margin was 53.1% (up from 50.4%) and operating margin 16.8%.
Diluted earnings per share came in at $0.33, up from $0.22.
Summary generated from market data by MetaCap's automated system. Methodology
Marvell Technology income statement (quarterly)
| Quarter (USD) | Q2 20272026-08-01 | Q1 20272026-05-02 | Q4 20262026-01-31 | Q3 20262025-11-01 | Q2 20262025-08-02 | Q1 20262025-05-03 | Q4 20252025-02-01 | Q3 20252024-11-02 | Q2 20252024-08-03 | Q1 20252024-05-04 | Q4 20242024-02-03 | Q3 20242023-10-28 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.74B | 2.42B | 2.22B | 2.07B | 2.01B | 1.90B | 1.82B | 1.52B | 1.27B | 1.16B | 1.43B | 1.42B |
| Revenue growth (YoY) | +36.55% | +27.57% | +22.08% | +36.83% | +57.60% | +63.26% | +27.40% | +6.87% | -5.07% | -12.17% | +0.56% | -7.72% |
| Cost of Revenue | 1.28B | 1.16B | 1.07B | 1.00B | 995.50M | 942.90M | 900.00M | 1.17B | 685.30M | 633.10M | 762.40M | 867.40M |
| Gross Profit | 1.46B | 1.26B | 1.15B | 1.07B | 1.01B | 952.40M | 917.40M | 349.40M | 587.60M | 527.80M | 664.10M | 551.20M |
| Operating Expenses | 995.90M | 921.40M | 743.50M | 712.00M | 720.50M | 681.80M | 682.20M | 1.05B | 688.00M | 680.10M | 697.40M | 697.50M |
| Research & Development | 741.10M | 652.30M | 536.00M | 512.50M | 519.00M | 507.70M | 499.00M | 488.60M | 486.70M | 476.10M | 459.60M | 481.10M |
| Selling, General & Admin | 257.60M | 258.40M | 198.00M | 189.90M | 192.80M | 186.40M | 195.70M | 205.30M | 197.30M | 199.90M | 212.00M | 213.00M |
| Operating Income | 459.70M | 339.40M | 404.40M | 357.80M | 290.10M | 270.60M | 235.20M | -702.80M | -100.40M | -152.30M | -33.30M | -146.30M |
| Interest Expense | 61.60M | 52.80M | 50.80M | 51.20M | 51.90M | 48.70M | 45.00M | 47.20M | 48.40M | 48.80M | 52.60M | 52.60M |
| Other Income (Expense) | -81.40M | -256.10M | -22.80M | 1.86B | -56.40M | -54.70M | -35.40M | -47.70M | -45.80M | -45.50M | -54.00M | -41.20M |
| Income Tax | 70.30M | 48.80M | -14.50M | 314.10M | 38.90M | 38.00M | -400.00K | -74.20M | 47.10M | 17.80M | 305.40M | -23.20M |
| Net Income | 308.00M | 34.50M | 396.10M | 1.90B | 194.80M | 177.90M | 200.20M | -676.30M | -193.30M | -215.60M | -392.70M | -164.30M |
| Net Income growth (YoY) | +58.11% | -80.61% | +97.85% | — | — | — | — | — | — | — | — | -1335.34% |
| EPS (Basic) | 0.34 | 0.04 | 0.44 | 2.22 | 0.23 | 0.21 | 0.23 | -0.78 | -0.22 | -0.25 | -0.45 | -0.19 |
| EPS (Diluted) | 0.33 | 0.04 | 0.45 | 2.20 | 0.22 | 0.20 | 0.23 | -0.78 | -0.22 | -0.25 | -0.45 | -0.19 |
| Shares Outstanding (Basic) | 897.40M | 882.00M | — | 855.80M | 862.60M | 864.80M | — | 865.70M | 865.70M | 865.00M | — | 862.60M |
| Shares Outstanding (Diluted) | 921.20M | 893.30M | — | 863.70M | 870.40M | 875.60M | — | 865.70M | 865.70M | 865.00M | — | 862.60M |
| Gross Margin | 53.14% | 52.15% | 51.74% | 51.57% | 50.38% | 50.25% | 50.48% | 23.05% | 46.16% | 45.46% | 46.55% | 38.86% |
| Operating Margin | 16.78% | 14.04% | 18.23% | 17.25% | 14.46% | 14.28% | 12.94% | -46.36% | -7.89% | -13.12% | -2.33% | -10.31% |
| Net Margin | 11.24% | 143.00% | 17.85% | 91.65% | 9.71% | 9.39% | 11.02% | -44.61% | -15.19% | -18.57% | -27.53% | -11.58% |
This table shows 12 quarterly periods of Marvell Technology's income statement, from Q2 2027 back to Q3 2024, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow MRVL's reporting calendar. What is a income statement?