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Marvell Technology, Inc. MRVL Data center — Net revenue

Other product segments

Communications and other
$585.1M

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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$189.4B+192%
Enterprise value$190.83B+179%
P/E75×
P/S21.7×+12.8×

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 by end market:
Data center$1,832.776%$1,440.676%
Communications and other585.124%454.724%
$2,417.8$1,895.3

Item 1. Financial Statements

FAQ

What is Marvell Technology, Inc.'s data center — net revenue?
Marvell Technology, Inc. (MRVL) reported data center — net revenue of $1.83B in Q1 2026.
How has Marvell Technology, Inc.'s data center — net revenue changed year-over-year?
Marvell Technology, Inc.'s data center — net revenue increased by 27.2% year-over-year, from $1.44B to $1.83B.
What is the long-term trend for Marvell Technology, Inc.'s data center — net revenue?
Over 4 years (2022 to 2026), Marvell Technology, Inc.'s data center — net revenue has grown at a 36.0% compound annual growth rate (CAGR), from $1.78B to $6.1B.
What does data center — net revenue mean?
This metric represents the total revenue generated from products and services sold specifically to data center infrastructure customers. It captures the financial performance of high-performance computing, networking, and storage solutions tailored for cloud and enterprise data center environments. As a primary growth driver, this figure reflects the company's success in capturing demand for AI-driven infrastructure and hyperscale networking.

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