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MRVL · Q2 FY2027 (May-Jul 2026)

Marvell Q2 FY2027
Out of every $100 in sales, $17 was operating profit

Next earnings: Tue, Dec 1 (expected)
Revenue
$2.7B
+37% vs. a year ago
Operating income
$0.5B
+58% vs. a year ago
Net income
$0.3B
+58% vs. a year ago
Operating margin
17%
14% → 17%

Where every $100 of sales went

Per $100 of sales
Revenue
$100
$2.7B
−Cost of revenue
−$47
$1.3B
Gross profit
$53
$1.5B
−R&D
−$27
$0.7B
−SG&A
−$9.4
$0.3B
Operating income
$17
$0.5B
−Taxes & non-operating items
−$5.5
$0.2B
Net income
$11
$0.3B

Last 8 quarters: revenue and operating income

-46%FY25 Q313%FY25 Q414%FY26 Q114%FY26 Q217%FY26 Q318%FY26 Q414%FY27 Q117%FY27 Q2

Quarter by quarter

QuarterRevenueOperating incomeOperating marginNet income
Q2 FY2027 (May-Jul 2026)$2.7B$0.5B16.8%$0.3B
Q1 FY2027 (Feb-Apr 2026)$2.4B$0.3B14.0%$0.0B
Q4 FY2026 (Nov-Jan 2026)$2.2B$0.4B18.2%$0.4B
Q3 FY2026 (Aug-Oct 2025)$2.1B$0.4B17.2%$1.9B
Q2 FY2026 (May-Jul 2025)$2.0B$0.3B14.5%$0.2B
Q1 FY2026 (Feb-Apr 2025)$1.9B$0.3B14.3%$0.2B
Q4 FY2025 (Nov-Jan 2025)$1.8B$0.2B12.9%$0.2B
Q3 FY2025 (Aug-Oct 2024)$1.5B−$0.7B-46.4%−$0.7B

XBRL figures from the company's 10-Q and 10-K filings with the SEC. The fourth quarter is the full year minus the first three. Where gross profit isn't reported, it is revenue minus cost of revenue. For information only, not investment advice.

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