Marvell reported Q4 FY2026 net revenue of USD 2.219 billion, up 22.0% year-on-year, with GAAP gross margin of 51.7% and non-GAAP gross margin of 59.0%. Q4 GAAP net income was USD 396.1 million and GAAP diluted EPS was USD 0.46, while non-GAAP net income was USD 685.1 million and non-GAAP diluted EPS was USD 0.80; cash flow from operations in Q4 was USD 373.7 million. For FY2026, Marvell posted record net revenue of USD 8.195 billion, up 42.0% year-on-year, with GAAP net income of USD 2.670 billion and GAAP diluted EPS of USD 3.07; non-GAAP net income was USD 2.466 billion and non-GAAP diluted EPS was USD 2.84. The company said results were driven by robust AI demand and noted record bookings pace and an all-time record in design wins in FY2026. Marvell’s Q1 FY2027 outlook (including the expected results of Celestial AI and XConn Technologies, which closed after the FY2026 year end) calls for net revenue of USD 2.400 billion ± 5%, GAAP gross margin of 51.4%–52.4%, non-GAAP gross margin of 58.25%–59.25%, GAAP diluted EPS of USD 0.31 ± USD 0.05, and non-GAAP diluted EPS of USD 0.79 ± USD 0.05.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marvell Technology Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202603051605BIZWIRE_USPR_____20260305_BW094012) on March 05, 2026, and is solely responsible for the information contained therein.