Marvell Q4 revenue hits record $2.219 billion, up 22%; guides Q1 to $2.4 billion
Marvell reported fourth-quarter fiscal 2026 net revenue of $2.219 billion, up 22% from a year earlier and $19.0 million above the midpoint of its December 2, 2025 guidance. GAAP diluted EPS was $0.46 and non-GAAP diluted EPS was $0.80, compared with $0.23 and $0.60 a year earlier. For the first quarter of fiscal 2027, the company expects revenue of $2.400 billion, plus or minus 5%, and non-GAAP diluted EPS of $0.79, plus or minus $0.05, including the expected results of the Celestial AI and XConn Technologies acquisitions.
Key points
- Q4 fiscal 2026 net revenue was $2.219 billion, up 22% year over year; data center revenue was $1.651 billion, up 21%.
- Fiscal 2026 net revenue was $8.195 billion, up 42%, and GAAP diluted EPS was $3.07 versus a loss of $1.02 in fiscal 2025.
- Q4 GAAP net income was $396.1 million, down from $1.90 billion in the prior quarter, which included a $1.83 billion gain on sale of a business.
- Q1 fiscal 2027 outlook: revenue $2.400 billion plus or minus 5%; non-GAAP diluted EPS $0.79 plus or minus $0.05; GAAP diluted EPS $0.31 plus or minus $0.05.
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 05, 2026.
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