Marvell Technology has entered into a definitive agreement to acquire Lumentum Holdings in an all-stock transaction with an implied enterprise value of $115 billion for Lumentum. Lumentum stockholders will receive 4.500 shares of Marvell common stock for each share owned, and the deal is expected to close in the first half of calendar year 2028. Additionally, Marvell reported preliminary revenue for the third quarter of fiscal 2027.
Lumentum stockholders will receive a fixed exchange ratio of 4.500 Marvell shares per Lumentum share.
The transaction carries an implied enterprise value of $115 billion for Lumentum, representing about $1,132 per share.
Post-closing, Marvell stockholders will own approximately 67% and Lumentum stockholders approximately 33% of the combined company.
The deal is expected to close in the first half of calendar year 2028, pending approvals.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
From Marvell Technology's 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2026
$8.19B
+42.1%
$3.07
—
32.6%
FY2025
$5.77B
+4.7%
$-1.02
—
-15.3%
FY2024
$5.51B
-7.0%
$-1.08
—
-16.9%
FY2023
$5.92B
+32.7%
$-0.19
—
-2.8%
FY2022
$4.46B
+50.3%
$-0.53
—
-9.4%
Frequently asked questions
When is Marvell Technology's next earnings date?
Marvell Technology has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did Marvell Technology earn last quarter?
For the quarter ended Aug 2026, Marvell Technology reported diluted EPS of $0.33 (+50.0% year over year) on revenue of $2.74B (+36.5%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.