Wed, 03 Dec 2025 13:45:03 GMT
Marvell Q3 FY2026 Summary
Marvell Technology reported record quarterly revenue of $2.075B, up 37% year-over-year and above guidance. GAAP gross margin was 51.6%, and non-GAAP gross margin was 59.7%. GAAP net income reached $1.9B ($2.20 per share), boosted by the sale of its automotive ethernet business to Infineon for $2.5B, resulting in a $1.8B gain. Non-GAAP net income was $655M ($0.76 per share). Operating