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Marvell Technology, Inc. MRVL Q2 2026 earnings

Reported August 28, 2025 · After market close

Revenue$2.0BMiss by $4.3M
EPS$0.67Miss by $0.00
Revenue estimate$2.0B
EPS estimate$0.67

Next report

Dec 1, 2026 (in 2 months)
Revenue estimate$3.2B
EPS estimate$1.10

Financials

Q2 2026

Income statement

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Revenue$2.0B+57.6%
Gross profit$1.0B+72.0%
Operating income$290.1M+389%
Net income$194.8M+201%
EPS (diluted)$0.22+200%

Balance sheet

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Cash & equivalents$1.2B+51.4%
Total debt$4.8B+9.2%
Total equity$13.4B-5.5%
Total assets$20.6B+1.4%

Cash flow

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Operating cash flow$461.6M+50.7%
CapEx$47.5M-1.5%
Free cash flow$414.1M+60.4%

Valuation & ratios

Valuation

as of 08/02/25
See full
Market cap$69.3B+19.5%
Enterprise value$72.85B+18.4%
P/S9.6×-1.4×

Profitability

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Gross margin44.6%+0.5pp
FCF margin21.2%-5.6pp

Returns & leverage

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Debt / equity0.4×0.0×
Current ratio1.9×+0.1×

Segments

By segment

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Reportable Segment$2.0B+57.6%

By product

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Data center$1.5B+69.2%

FAQ

When did Marvell Technology, Inc. report Q2 2026 earnings?
Marvell Technology, Inc. (MRVL) reported Q2 2026 earnings on August 28, 2025 after market close.
What were Marvell Technology, Inc.'s Q2 2026 revenue and EPS?
Marvell Technology, Inc. reported revenue of $2.0B and eps of $0.67 for Q2 2026.
Did Marvell Technology, Inc. beat estimates in Q2 2026?
Revenue missed the consensus estimate of $2.0B by $4.3M. EPS missed the consensus estimate of $0.67 by $0.00.
How did Marvell Technology, Inc.'s Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 57.6% from $1.3B a year earlier and eps grew 123.3% from $0.30.
Where can I find Marvell Technology, Inc.'s Q2 2026 SEC filings?
You can read the 8-K earnings release (0001835632-25-000187) and the 10-Q periodic report (0001835632-25-000189) directly on SEC EDGAR. The filing index links above go to sec.gov.