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Marvell (MRVL)
NASDAQ:MRVL
Earnings Data
Report Date
Aug 21, 2025TBA Not Confirmed
Period Ending
2026 (Q2)Consensus EPS Forecast
0.67Last Year’s EPS
0.3Same Quarter Last Year
Strong Buy
Based on 31 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 30, 2025
|% Change Since: 14.87%
|Next Earnings Date:Aug 21, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong performance with record revenue and significant growth driven by the data center and AI segments. Despite challenges in the consumer and automotive sectors, the company's strategic initiatives, such as the sale of the automotive Ethernet business and expansion in AI technology, position it well for continued growth.Company Guidance
During Marvell Technology's first quarter fiscal year 2026 earnings call, the company announced a record revenue of $1.895 billion, which reflected a 4% sequential increase and a strong 63% year-over-year growth. Non-GAAP earnings per share exceeded the midpoint of guidance, driven by robust AI demand. Marvell significantly increased stock repurchases, buying back $340 million in the first quarter compared to $200 million in the prior quarter. The company is forecasting second-quarter revenue of $2 billion at the midpoint of guidance, representing 57% year-over-year growth. Data center revenue in the first quarter was $1.44 billion, showing a 5% sequential growth and 76% year-over-year increase. Looking forward, Marvell expects data center revenue to continue growing in the mid-single-digit range sequentially while maintaining strong year-over-year growth. The company also highlighted the rapid scaling of custom AI silicon programs and the significant interest from customers in their advanced technology solutions. Additionally, Marvell announced the sale of its automotive Ethernet business to Infineon for $2.5 billion, which is expected to close in calendar 2025, providing additional flexibility in their capital allocation strategy.Record Revenue and Growth
Marvell delivered record revenue of $1.895 billion, a 4% sequential increase and 63% year-over-year growth. Second-quarter revenue is expected to be $2 billion, representing 57% year-over-year growth.
Strong Data Center Performance
Data center revenue grew by 5% sequentially and 76% year-over-year to $1.44 billion, driven by AI demand and custom AI silicon programs.
Significant Stock Repurchases
Marvell repurchased $340 million in stock, a substantial increase from $200 million in the prior quarter.
Sale of Automotive Ethernet Business
Marvell announced the sale of its automotive Ethernet business to Infineon for $2.5 billion, which will enhance capital allocation flexibility.
Expansion in Custom Silicon and AI
Continued strong interest and progress in custom AI silicon programs with major hyperscale customers, including a partnership with NVIDIA for NVLink fusion technology.
MRVL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MRVL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 30, 2025 | $60.19 | $61.47 | +2.13% |
Mar 05, 2025 | $90.04 | $72.20 | -19.81% |
Dec 03, 2024 | $95.75 | $117.96 | +23.20% |
Aug 29, 2024 | $69.67 | $76.05 | +9.16% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Marvell (MRVL) report earnings?
Marvell (MRVL) is schdueled to report earning on Aug 21, 2025, TBA Not Confirmed.
What is Marvell (MRVL) earnings time?
Marvell (MRVL) earnings time is at Aug 21, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MRVL EPS forecast?
MRVL EPS forecast for the fiscal quarter 2026 (Q2) is 0.67.
