Marvell Technology MRVL
Marvell Technology fiscal 2026 annual report
Fiscal 2026 (ended Jan 31, 2026) · Filed Mar 11, 2026Original
An annual report (10-K, or 20-F for a foreign company) is the business report a US-listed company files with the SEC every year.
How much did Marvell Technology sell in fiscal 2026?
As stated in annual reports · fiscal 2022–2026
Fiscal 2026 revenue
$8.2B+42.1% vs prior year
Net income $2.7B · 32.6% of revenue
| Fiscal year | Revenue | Net income |
|---|---|---|
| 2022 | $4.5B | −$421M |
| 2023 | $5.9B | −$163.5M |
| 2024 | $5.5B | −$933.4M |
| 2025 | $5.8B | −$885M |
| 2026 | $8.2B | $2.7B |
Fiscal 2026 (ended Jan 31, 2026) · Filed Mar 11, 2026Whalegun
- Revenue
- $8.2B
- +42.1% vs prior year
- Operating income
- $1.3B
- 16.1% of revenue
- Net income
- $2.7B
- 32.6% of revenue
- Diluted EPS
- $3.07
- Operating cash flow
- $1.8B
- Free cash flow
- $1.4B
Key points the company states
Marvell's data center market was 74% of fiscal 2026 net revenue of $8,194.6 million
- Marvell MRVL is a fabless supplier of data infrastructure semiconductors, from the data center core to the network edge.
- Data center revenue was $6,100.3 million (74%) and communications and other was $2,094.3 million (26%).
- Its products include custom ASICs, interconnects, Ethernet solutions, fibre channel adapters and storage controllers.
Marvell's fiscal 2026 net revenue rose 42.1% to $8,194.6 million
- Net revenue rose 42.1% to $8,194.6 million from $5,767.3 million.
- The company says data center sales rose 46% on AI-related demand and communications and other rose 31%.
- Gross margin rose 9.7 percentage points to 51.0% from 41.3%.