The financials
Marvell Technology, Inc. by the numbers
Marvell Technology, Inc. (MRVL) reported revenue of $2.42B in Q1 2027 (quarter ended May 2, 2026), up 28% from the same quarter a year earlier. That came with a gross margin of 52% and net income of $35M (1.4% of revenue). For the full year FY2026, revenue was $8.19B (+42% year on year) and net income $2.67B. Its largest region in 2026-Q2 was CN at $1.06B, 44% of the disclosed total, just ahead of Other Countries at 28%.
| Income statement | Q1 2027 | Q1 2026 | Change |
|---|---|---|---|
| Revenue | $2.42B | $1.90B | +28% |
| Gross profit | $1.26B | $952M | +32% |
| Operating income | $339M | $271M | +25% |
| Net income | $35M | $178M | −81% |
| Diluted EPS | $0.04 | $0.20 | −80% |
| Geographic | Revenue | Share |
|---|---|---|
| CN | $1.06B | 44% |
| Other Countries | $670M | 28% |
| TW | $520M | 21% |
| US | $171M | 7.1% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q2 2026Total $2.42B (+17%)
TW grew +59% year on yearUS -44% year on year
Segment Latestquarter on quarteryear on year
- CN$1.06B$1.06BQoQ +26%year on year +49%+26%+49%
- Other Countries$669.7M$669.7MQoQ +7.6%year on year +21%+7.6%+21%
- TW$519.7M$519.7MQoQ +63%year on year +59%+63%+59%
- US$170.5M$170.5MQoQ -42%year on year -44%-42%-44%
- FI--QoQ -year on year ---
- JP--QoQ -year on year ---
- MY--QoQ -year on year ---
- NL--QoQ -year on year ---
- SG--QoQ -year on year ---
- TH--QoQ -year on year ---
Semiconductors
Ranks #22 of 48 by Smart Score