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Marvell Technology, Inc. MRVL Communications and other — Net revenue

Other product segments

Data center
$1.83B+27.2%

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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$212.81B+245%
Enterprise value$214.25B+228%
P/E84.2×
P/S24.4×+14.9×

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 official record: Marvell Technology, Inc.’s 10-Q, filed May 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Marvell Technology, Inc.'s communications and other — net revenue?
Marvell Technology, Inc. (MRVL) reported communications and other — net revenue of $585.1M in Q1 2026.
How has Marvell Technology, Inc.'s communications and other — net revenue changed year-over-year?
Marvell Technology, Inc.'s communications and other — net revenue increased by 28.7% year-over-year, from $454.7M to $585.1M.
What does communications and other — net revenue mean?
This metric represents the total net revenue generated by the company's communications and other product segment, excluding intersegment eliminations. It captures the financial performance of specialized hardware solutions, including networking components and infrastructure products, which are critical to the company's broader semiconductor portfolio. Monitoring this revenue stream helps investors assess the demand for the company's non-core or specialized networking technologies relative to its primary data center and enterprise offerings.