Form 8-K · Current report
Marvell Technology 8-K, filed Aug 27, 2026
- Filed
- CIK
- 0001835632
- Accession no.
- 0001835632-26-000022
Summary
Marvell Technology reported record net revenue of $2.739 billion for the second quarter of fiscal 2027, up 37% year over year, with GAAP diluted income per share of $0.33 and non-GAAP diluted income per share of $0.94. Chairman and CEO Matt Murphy said AI-related bookings remain exceptionally robust and that Marvell is again raising its revenue outlook for fiscal 2027 and fiscal 2028, and the company guided third-quarter net revenue to $3.150 billion, plus or minus 5%.
Key points
- Data center revenue growth accelerated to 46% year over year, which Marvell attributed to broad-based strength across its data center portfolio.
- Second-quarter GAAP gross margin was 53.1% and non-GAAP gross margin was 58.9%; cash flow from operations was $605.5 million.
- Third-quarter fiscal 2027 guidance includes non-GAAP diluted net income per share of $1.10, plus or minus $0.05.
- Marvell said it expects significant acceleration in its Custom business beginning in the second half of fiscal 2027 and plans an Investor Day on October 6, 2026.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02 Results of Operations and Financial Condition. The information in Item 2.02 of this Current Report, including the accompanying Exhibit 99.1, is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of Section 18. The information in Item 2.02 of this Current Report shall not be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language contained in such filing. …
An excerpt of the text as filed with the SEC, cut for length.
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