Marvell Q3 FY2026 Summary

Note: This section contains information in English only.
Source: Dukascopy Bank SA
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 cash flow totaled $582M.



Strong demand for data center products drove results, and Marvell expects continued momentum with Q4 revenue projected at around $2.2B. Full-year revenue growth is forecast to exceed 40%. The company also announced its acquisition of Celestial AI to advance its AI datacenter interconnect technology.
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