Marvell Technology, Inc.

Marvell Technology, Inc. Q4 2026 Earnings Recap

MRVL Q4 2026 March 7, 2026

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Marvell Technology Inc. reported record fourth-quarter revenue of $2.219 billion, driven by strong demand in the data center sector, and significantly raised its fiscal 2027 revenue outlook to nearly $11 billion.

Earnings Per Share Beat
$0.80 vs $0.79 est.
+1.0% surprise
Revenue Beat
2218700000 vs 2206747000 est.
+0.5% surprise

Market Reaction

1-Day +0.0%
5-Day +0.97%
30-Day +5.93%

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Key Takeaways

  • Fourth-quarter revenue increased 7% sequentially and 42% year-over-year, with data center revenue surpassing $6 billion.
  • Non-GAAP EPS of $0.80 exceeded guidance by $0.01, reflecting operational strength and effective cost management.
  • Strong bookings in the data center portfolio forecasted an 8% sequential revenue growth in Q1 FY27, with expectations for continuous growth exceeding $3 billion by Q4 FY27.
  • Recent acquisitions of Celestial AI and XConn are expected to bolster technology capabilities, with significant contributions anticipated in FY28.
  • Fiscal 2027 revenue growth projected at over 30%, driven primarily by the data center business, with interconnect revenue expected to grow more than 50% year-over-year.
This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit MRVL on AllInvestView.

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