Form 8-K · Current Report · Filed 2026-08-27
Marvell Technology Reports Record Q2 FY 2027 Results and Raises Outlook
Marvell Technology, Inc. reported record net revenue of $2.739 billion for the second quarter of fiscal year 2027, a 37% increase year-over-year. The company also reported a GAAP gross margin of 53.1% and a non-GAAP gross margin of 58.9%. GAAP diluted net income per share was $0.33, while non-GAAP diluted net income per share was $0.94. Marvell raised its revenue outlook for both fiscal 2027 and fiscal 2028, anticipating continued strong demand across its Data Center portfolio.
- Filer
- Marvell Technology, Inc. MRVL · NASDAQ
- Filed
- Accession
- 0001835632-26-000022
- CIK
- 0001835632
- Signal
- High impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
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Close before filing
$245.11
Since filing
+0.0%
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$245.11
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Within 45 days of this filing, MRVL insiders reported 55 Form 4 transactions — net selling of $14.9M.
About Marvell Technology, Inc.
Marvell Technology, Inc. is a semiconductor company that develops and supplies a broad array of comprehensive solutions for data infrastructure. The primary purpose of Marvell Technology is to provide innovative silicon and software infrastructure solutions bridging the data center, enterprise networking, carrier infrastructure, and consumer markets. The company is renowned for its expertise in data processing and storage, offering high speed connectivity products and custom ASIC solutions. Marvell's product portfolio significantly impacts sectors such as cloud services, automotive, and industrial applications, contributing to advancements in storage, networking, and connectivity. Established in 1995, Marvell has been pivotal in enhancing the speed and efficiency of data transfer, which is crucial in handling large amounts of data generated across various applications. The company's ability to innovate continually within its field of semiconductor solutions positions it as a key player in driving growth and evolution within the technology industry. By collaborating with leading technology firms and continuously integrating advanced technologies, Marvell plays a critical role in supporting global connectivity and data management.
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