Every 10-Q that Marvell Technology, Inc. (MRVL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow MRVL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MRVL filings page.
Marvell Technology, Inc. (MRVL) reported strong growth for the quarter ended August 1, 2026, with net revenue of $2,739.3 million, up from $2,006.1 million a year earlier, and quarterly net income of $308.0 million versus $194.8 million. Data center revenue was $2,171.5 million, 79% of total, reflecting AI-related demand; communications and other contributed $567.8 million.
Total assets rose to $27.6 billion, driven by the acquisitions of Celestial AI (~$3.5 billion consideration) and XConn ($469.0 million). Cash and cash equivalents increased to $3,932.8 million, while total debt reached $5.0 billion, including new 5.300% 2036 senior notes. Operating cash flow for the six months was $1,244.3 million, up from $794.5 million. MRVL issued $2.0 billion of Series A Convertible Preferred Stock to NVIDIA, authorized a large stock repurchase program with $5.1 billion remaining, repurchased $400.0 million of stock, and carries significant foundry and technology purchase commitments of $9.2 billion combined.
Marvell Technology reports first-quarter fiscal 2027 net revenue of $2.4 billion, up 28% year over year, driven by strong AI-related demand in data center and recovering communications markets. Gross margin improved to 52.1%.
Net income fell to $34.5 million from $177.9 million, as results absorbed higher operating costs and a large non‑cash increase in the contingent consideration liability tied to the Celestial AI acquisition, partly offset by a gain on a forward stock purchase contract.
Marvell completed the $3.5 billion Celestial AI and $469 million XConn acquisitions, lifting goodwill and intangible assets, issued $1.0 billion of 2036 senior notes, repaid $500 million of 2026 notes, and raised $2.0 billion via Series A convertible preferred stock sold to NVIDIA, ending the quarter with $3.8 billion in cash. It also repurchased $200 million of stock and continues a multi‑year restructuring and sizable long‑term manufacturing and technology commitments.
Marvell reported $2.0 billion of net revenue in the second quarter of fiscal 2026, a 58% increase versus the prior-year quarter driven by 69% growth in data center sales and strong gains in carrier infrastructure, enterprise networking and consumer end markets. Automotive/industrial sales were flat. Cash and short-term investments totaled $1.2 billion, up $276.1 million from fiscal year-end.
The company entered into and subsequently completed the sale of its automotive ethernet business for $2.5 billion, classifying assets held for sale of $595.5 million (including $524.7 million of goodwill) and expecting to record a gain in the third quarter. Marvell repurchased 8.3 million shares for $540.0 million year-to-date and returned $643.5 million to stockholders via repurchases and dividends. Key balance-sheet items include $11.1 billion of goodwill and material wafer and capacity purchase commitments totaling at least $482.5 million.