Welcome to our dedicated page for Marvell Technology SEC filings (Ticker: MRVL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Marvell Technology, Inc. filings document the company’s operating results, capital-markets activity and governance matters as a Nasdaq-listed semiconductor issuer. Recent 8-K disclosures cover quarterly and fiscal-year results, dividend declarations, senior note financing under an automatic shelf registration statement, prospectus supplement exhibits and related legal opinions.
The filings also describe MRVL capital-structure changes, including Series A Convertible Preferred Stock issued to NVIDIA Corporation, certificate of designation terms, debt indenture provisions and unregistered common-stock issuances tied to the completed Celestial AI acquisition. These records address securities registration, financing terms, conversion mechanics, exhibits and other material events affecting the company’s equity and debt structure.
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 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. President and COO Chris Koopmans reported compensation-related equity activity tied to performance stock units. A tranche of 18,744 performance stock units vested and was converted into the same number of common shares held indirectly by the Christopher R. and Heather J. Koopmans Family Trust. To cover tax obligations from this vesting, 9,294 common shares were surrendered, a non-market tax-withholding disposition. Following these transactions, the trust holds 256,686 common shares indirectly. The performance-based award used stock price and total stockholder return criteria; with this certification, all four performance tranches have met their performance conditions, and an additional 18,743 units remain eligible to vest on the five-year anniversary of the original grant date, subject to continued service.
Marvell Technology Chairman and CEO Matthew J. Murphy exercised performance-based equity and settled related taxes using shares. On May 20, 2026, he acquired 117,742 shares of Common Stock through the vesting and conversion of Performance Stock Units, then 61,992 shares were surrendered to cover tax withholding, a non‑market disposition.
Following these transactions, Murphy directly holds 857,139 shares of Common Stock and 423,871 Performance Stock Units. Footnotes explain this award had stock price and total stockholder return performance criteria; a tranche’s performance condition was certified on May 20, 2026, causing 117,742 shares to vest while 117,741 additional shares remain eligible to vest on the 5‑year anniversary of the original grant date, subject to continued service. All performance-based criteria for the four tranches have now been satisfied.
Marvell Technology, Inc. president and COO Chris Koopmans reported routine equity compensation activity involving performance stock units and related tax withholding. A family trust surrendered 27,882 shares of Common Stock at $176.89 per share to cover tax withholding from vesting performance stock units.
The filing shows 56,232 Performance Stock Units converted into the same number of Common Stock shares, held indirectly by the Christopher R. Koopmans and Heather J. Koopmans Family Trust. Following these transactions, the trust holds 265,824 Common Stock shares indirectly, and Koopmans retains 78,098 Performance Stock Units directly.
Marvell Technology, Inc. Chief Financial Officer Willem A. Meintjes reported an open-market sale of 4,000 shares of common stock on May 15, 2026 at a weighted average price of $175.24 per share. After this transaction, he directly owns 226,675 shares.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person on January 9, 2026. The shares were sold in multiple trades at prices ranging from $173.85 to $177.08 per share.
Willem Meintjes filed a Form 144 proposing the sale of 4,000 shares of Common Stock. The filing lists the broker as Morgan Stanley Smith Barney LLC and shows a filing date of 05/15/2026. The record also discloses a prior sale of 30,000 shares on 04/15/2026 for $4,020,300.
Marvell Technology, Inc. Chairman and CEO Matthew J. Murphy reported an open-market sale of 7,500 shares of common stock. The shares were sold at a weighted average price of $177.26 per share in multiple transactions.
The trades were made under a pre-arranged Rule 10b5-1 trading plan adopted by Murphy on December 16, 2025. After this sale, he directly holds 739,397 shares of Marvell common stock.
Marvell Technology, Ltd. reported reported officer/director sale activity on Form 144 and a scheduled compensatory transfer. Director/officer Matthew Murphy reported selling 30,000 shares on 03/26/2026 and 7,500 shares on 04/15/2026. The filing also lists 22,500 shares described as "Acquired as compensation -- Performance Awards" on 04/15/2026, with Goldman Sachs & Co. LLC shown as broker.