Every 8-K 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 8-K covers material events a company has to report between its quarterly 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 a strong second quarter of fiscal 2027, with net revenue of $2.7393 billion, up 37% year over year and about $39.0 million above the midpoint of prior guidance. GAAP net income was $308.0 million, or $0.33 per diluted share, while non-GAAP net income was $865.9 million, or $0.94 per diluted share. Cash flow from operations was $605.5 million.
Data center revenue reached $2.1715 billion, up 46% year over year and 18% sequentially, rising to 79% of total revenue, while communications and other revenue was $567.8 million, up 10% year over year. GAAP gross margin was 53.1% and non-GAAP gross margin 58.9%; GAAP operating margin was 16.8% and non-GAAP operating margin 36.6%.
For the third quarter of fiscal 2027, Marvell expects revenue of $3.150 billion ±5%, GAAP gross margin of 52.9%–53.9%, non-GAAP gross margin of 57.5%–58.5%, GAAP diluted EPS of $0.53 ± $0.05 and non-GAAP diluted EPS of $1.10 ± $0.05, based on 921 million diluted shares.
Marvell Technology, Inc. (MRVL) entered into a commercial agreement with Google LLC for the development of custom semiconductor products tied to Google’s TPU ecosystem, including AI inference accelerators, storage and network interface controllers, memory interface controllers and near-memory compute. In connection with this collaboration, Marvell issued Google a warrant to purchase up to 58,970,907 shares of Marvell common stock at an exercise price of $206.58 per share. A total of 1,360,867 warrant shares vest in equal quarterly installments during the first year after execution, while the remaining shares vest in 240 equal tranches, with one tranche vesting for each $500 million in custom product revenue from Marvell’s fiscal third quarter 2027 through fiscal 2033. The warrant, subject to these vesting conditions, is exercisable in whole or in part until August 18, 2033, includes customary anti-dilution adjustments and limited transfer rights, and provides Google with customary registration rights for the underlying shares.
Marvell Technology, Inc. filed a current report to attach a legal opinion supporting a new prospectus supplement under its automatic shelf registration statement on Form S-3. The opinion from Wilson Sonsini Goodrich & Rosati addresses the legality of issuing and selling the securities described in that prospectus supplement.
Marvell Technology, Inc. reported results of its annual stockholder meeting and declared a quarterly dividend. Stockholders elected seven directors to one-year terms and approved, on an advisory non-binding basis, the compensation of the named executive officers, with 327,552,779 votes in favor and 258,555,897 against. They also ratified Deloitte & Touche LLP as independent registered public accounting firm with 706,475,236 votes for. A stockholder proposal to implement an independent board chairman was not approved, receiving 215,860,927 votes for and 369,216,217 against. Separately, the Board declared a quarterly cash dividend of $0.06 per share, payable on July 30, 2026 to stockholders of record as of July 10, 2026, for both common and preferred stock on an as-converted basis.
Marvell Technology announced a planned chief financial officer transition while reaffirming its financial outlook for the second quarter of fiscal 2027. Willem Meintjes will resign as CFO effective June 15, 2026, after serving since January 2023, and will remain an advisor through April 17, 2027 to support continuity.
Board member and Audit Committee Chair Dan Durn resigned from the board on June 10, 2026 and will become CFO and executive vice president, and principal financial officer, effective June 15, 2026. His compensation includes an $850,000 base salary, a target bonus equal to 120% of salary, and a $1,000,000 cash sign-on bonus, plus RSU grants and Tier 2 status in the company’s Change in Control Severance Plan.
The company issued a press release detailing the transition and stated that it is reaffirming the second-quarter fiscal 2027 financial outlook previously provided on May 27, 2026.
Marvell Technology reported record first-quarter fiscal 2027 results with strong AI-driven growth. Net revenue reached $2.418 billion, up 28% year-on-year and slightly above prior guidance. GAAP net income was $34.5 million, or $0.04 per diluted share, while non-GAAP net income was $718.0 million, or $0.80 per diluted share.
GAAP gross margin was 52.1% and non-GAAP gross margin was 58.9%, showing solid profitability. Cash flow from operations was a record $638.8 million, supporting a stronger balance sheet with cash and cash equivalents of $3.8436 billion as of May 2, 2026. Data center revenue was $1.833 billion, up 27% year-on-year, and communications and other revenue was $585.1 million, up 29%, with data center contributing 76% of total revenue.
For the second quarter of fiscal 2027, Marvell expects net revenue of $2.700 billion +/- 5%, GAAP diluted EPS of $0.37 +/- $0.05, and non-GAAP diluted EPS of $0.93 +/- $0.05. Management highlighted exceptional AI-related bookings and raised revenue outlooks for fiscal 2027 and 2028, supported in part by recent acquisitions of Celestial AI and XConn.
Marvell Technology, Inc. completed a public offering of $1.0 billion aggregate principal amount of 5.300% Senior Notes due 2036. Net proceeds were approximately $993.5 million after underwriters’ discounts and are intended mainly to repay debt, including its 1.650% senior notes due 2026, with any remainder for general corporate purposes such as working capital, dividends, capital spending, share repurchases and acquisitions.
The notes pay interest at 5.300% per year, starting from April 15, 2026, with semi-annual payments each April 15 and October 15, beginning October 15, 2026, and mature on April 15, 2036. Marvell may redeem the notes before maturity, including a make-whole call before January 15, 2036 and a par call on or after that date.
Marvell Technology completed a private issuance and sale of 2,000,000 shares of its Series A Convertible Preferred Stock to NVIDIA for an aggregate cash purchase price of $2,000,000,000.00. These preferred shares are initially convertible into a maximum of 21,778,000 shares of Marvell common stock at an initial conversion price of approximately $91.8355 per share.
The Series A Preferred Stock participates in dividends and votes with common stock on an as-converted basis, but does not vote in director elections and carries no preemptive or redemption rights. The deal is part of a broader strategic partnership connecting Marvell to the NVIDIA AI factory and AI-RAN ecosystem via NVIDIA NVLink Fusion and collaboration on silicon photonics technology.
Marvell Technology, Inc. announced that its board has declared a quarterly cash dividend of $0.06 per share of common stock. The dividend will be paid on April 30, 2026 to stockholders of record as of April 10, 2026. The company notes that any future dividends will depend on factors such as its operating results, cash balances and requirements, financial condition, Delaware law requirements, and the board’s assessment of the best interests of the company and its stockholders.
Marvell Technology, Inc. filed a current report to note that on March 19, 2026 it submitted a prospectus supplement to its automatic shelf registration statement on Form S-3 with the SEC. The report is being used solely to file the legal opinion of Wilson Sonsini Goodrich & Rosati on the validity of the securities described in that prospectus supplement, which is included as Exhibit 5.1 along with the related consent.
Marvell Technology, Inc. reported very strong results for the fourth quarter and fiscal year ended January 31, 2026, driven by demand for AI and data center products. Q4 net revenue was $2.219 billion, up 22% year-on-year, with GAAP diluted EPS of $0.46 and non-GAAP diluted EPS of $0.80. Q4 GAAP gross margin was 51.7% and non-GAAP gross margin was 59.0%.
For fiscal 2026, Marvell delivered record net revenue of $8.195 billion, growing 42% year-over-year. GAAP net income was $2.670 billion (GAAP diluted EPS $3.07), compared with a prior-year GAAP net loss, while non-GAAP net income was $2.466 billion (non-GAAP diluted EPS $2.84), up 81% year-over-year per management.
The data center end market generated $1.651 billion of Q4 revenue, up 21% year-over-year, and total Q4 net revenue exceeded the mid-point of prior guidance by $19.0 million. Management expects year-over-year revenue growth to accelerate each quarter in fiscal 2027 and has issued Q1 fiscal 2027 guidance for net revenue of $2.400 billion ±5% with non-GAAP diluted EPS of $0.79 ±$0.05, including expected contributions from the Celestial AI and XConn Technologies acquisitions.
Marvell Technology, Inc. filed a current report to note that it has submitted a prospectus supplement to its automatic shelf registration statement on Form S-3 with the SEC. The company is also filing as an exhibit a legal opinion from Wilson Sonsini Goodrich & Rosati regarding the legality of issuing and selling the securities described in that prospectus supplement. The opinion is included as Exhibit 5.1, together with a related consent and the cover page interactive data file.
Marvell Technology, Inc. reports that on February 6, 2026 it filed a prospectus supplement to its automatic shelf registration statement on Form S-3 with the SEC. This report is being used to provide the related legal opinion.
The company is filing the opinion of Wilson Sonsini Goodrich & Rosati, Professional Corporation on the legality of issuing and selling the securities described in the prospectus supplement, along with the associated consent and an interactive data file as exhibits.
Marvell Technology closed its acquisition of Celestial AI and paid with stock rather than cash. At closing, Marvell issued 24,601,976 unregistered shares of its common stock to Celestial stakeholders under a previously announced reorganization agreement.
Marvell also assumed approximately 3.0 million Celestial stock options, which it plans to register on a Form S-8. The deal includes an earnout where additional Marvell shares, valued at up to $2.25 billion as of signing, may be issued if Celestial reaches cumulative revenue milestones up to more than $2.0 billion by the end of Marvell’s fiscal year 2029.
Marvell Technology, Inc. reported that its Board of Directors has declared a quarterly cash dividend of $0.06 per share. The dividend will be paid on January 29, 2026 to stockholders of record as of January 9, 2026, meaning shareholders must be on the company’s records on that date to receive the payment. This dividend provides a direct cash return to stockholders in addition to any changes in the company’s share price.
The company stated that any future quarterly cash dividends will depend on what the Board of Directors determines is in the best interests of the company and its stockholders, as well as factors such as results of operations, cash balances and future cash requirements, overall financial condition, statutory requirements of Delaware law, and other factors the Board may consider relevant.
Marvell Technology, Inc. reported that several top executives bought its common stock in open-market transactions on September 25, 2025. Chairman and CEO Matt Murphy purchased 13,600 shares at a weighted average price of $77.09 per share.
President and COO Chris Koopmans bought 6,800 shares at a weighted average price of $78.03, while President, Data Center Group, Sandeep Bharathi and Chief Financial Officer Willem Meintjes each acquired 3,400 shares at a weighted average price of $78.03. These purchases were made personally by the executives in the market.
Marvell Technology, Inc. reported that its Board of Directors authorized a new $5 billion addition to the balance of its existing stock repurchase program, expanding the company’s capacity to return capital through share buybacks. The company also entered into an accelerated share repurchase agreement (the ASR Agreement) with a financial institution to repurchase an additional $1 billion of its common stock, on top of $300 million already repurchased in the current quarter.
Under the ASR Agreement, Marvell will prepay $1 billion on September 25, 2025 and expects an initial delivery of approximately 10.7 million shares, with the final share count based on the volume-weighted average price during the agreement term, less a discount and subject to adjustments. As of the company’s fiscal quarter end on August 2, 2025, $2.0 billion remained available under prior authorizations, and since then it has repurchased an additional $300 million of common stock. The ASR will be funded with existing cash and is scheduled to settle by the end of calendar year 2025, with customary provisions that could change the timing.
Marvell Technology, Inc. reported that its Board of Directors has declared a regular quarterly cash dividend of $0.06 per share. The dividend will be paid on October 30, 2025 to stockholders who are on record as of the close of business on October 10, 2025. This means only investors who hold the shares by the record date will receive the payment.
The company notes that any future quarterly cash dividends are not guaranteed. They will depend on what the Board believes is in the best interests of the company and its stockholders, along with factors such as operating results, cash balances and future cash requirements, overall financial condition, legal requirements under Delaware law, and other considerations the Board finds relevant.
Marvell Technology, Inc. filed a current report to share that it has released its financial results for the second quarter of fiscal year 2026, which ended on August 2, 2025. The detailed numbers and commentary are contained in a press release that is included as Exhibit 99.1.
The company also outlines logistics for its earnings conference call held on August 28, 2025 at 1:45 p.m. Pacific Time. Investors could access the live webcast through Marvell’s investor relations website or join by telephone using details provided in the press release and on the Quarterly Earnings section of the site. The filing notes that a telephone replay would be available until September 4, 2025 using a specified passcode.
The information about results and the press release is being furnished under Item 2.02, meaning it is not treated as filed for certain liability provisions or for incorporation by reference into other securities documents.
Marvell Technology, Inc. entered into an Asset Purchase Agreement to sell its automotive ethernet business and related assets to Infineon Technologies AG for $2.5 billion in an all-cash transaction. The agreement also includes licensing of certain intellectual property to the buyer and provision of temporary transition services to support the handover.
The company announced the deal on April 7, 2025, and on August 14, 2025 stated that the transaction has closed. A press release announcing completion is furnished as Exhibit 99.1, and the filing references the cover page interactive data file.
Marvell Technology announced key changes in its executive leadership team. Justin Scarpulla has been appointed as Senior Vice President and Chief Accounting Officer, effective July 21, 2025, replacing Pani Dixon who will depart on June 27, 2025.
Scarpulla, 52, brings extensive financial leadership experience from:
- Indentiv (CFO and Principal Accounting Officer, 2021-2025)
- SpaceX (Director of Finance, 2017-2021)
- MaxLinear (CAO and Controller, 2011-2014)
- Broadcom (Various financial roles, 1999-2011)
Compensation package includes:
- Base salary: $400,000
- Annual bonus target: 53% of base salary
- RSU grant: $950,000 vesting over 4 years
The company noted that Dixon's departure is voluntary to pursue other opportunities and not due to any disagreements regarding accounting practices or financial disclosures.