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Marvell Technology, Inc. MRVL China — Net revenue

Other geography segments

United States
$216.5M
Taiwan
$42.6M

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Other financials

Income statement

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Revenue$2.4B+27.6%
Gross profit$1.3B+32.4%
Operating income$339.4M+25.4%
Net income$34.5M-80.6%
EPS (diluted)$0.04-80.0%

Balance sheet

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Cash & equivalents$3.8B+334%
Total debt$5.3B+17.0%
Total equity$18.2B+36.8%
Total assets$26.9B+34.6%

Cash flow

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Operating cash flow$638.8M+91.9%
CapEx$155.7M+31.1%
Free cash flow$483.1M+126%

Valuation

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Market cap$173.92B+164%
Enterprise value$175.36B+152%
P/E68.8×
P/S20×+10.8×

Profitability

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Gross margin51.5%+8.3pp
Operating margin16%
Net margin29%
FCF margin19.1%-2.1pp

Returns & leverage

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Return on equity16%
Debt / equity0.3×0.0×
Current ratio3.3×+2.0×

Where this comes from

Reported directly by Marvell Technology, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Marvell Technology, Inc.’s 10-Q, filed May 28, 2026.

Filed
May 28, 2026, 4:09 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001835632-26-000019
Line itemThree Months Ended / May 2,2026Three Months Ended / % of TotalThree Months Ended / May 3,2025Three Months Ended / % of Total
Net revenue based on destination of shipment:
China$1,057.944%$708.937%
Taiwan519.721%327.317%
United States170.57%305.216%
Other669.728%553.930%
$2,417.8$1,895.3

Item 1. Financial Statements

FAQ

What is Marvell Technology, Inc.'s china — net revenue?
Marvell Technology, Inc. (MRVL) reported china — net revenue of $1.06B in Q1 2026.
How has Marvell Technology, Inc.'s china — net revenue changed year-over-year?
Marvell Technology, Inc.'s china — net revenue increased by 49.2% year-over-year, from $708.9M to $1.06B.
What is the long-term trend for Marvell Technology, Inc.'s china — net revenue?
Over 4 years (2022 to 2026), Marvell Technology, Inc.'s china — net revenue has grown at a 10.8% compound annual growth rate (CAGR), from $1.97B to $2.97B.
What does china — net revenue mean?
This metric represents the total net revenue generated from sales to customers located within the China geographic region. It reflects the company's market penetration and demand for its semiconductor products, including networking and storage solutions, within this specific jurisdiction.

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