Marvell posts record Q2 fiscal 2027 revenue of $2.74 billion, up 37%, and guides Q3 to $3.15 billion

Marvell reported record second-quarter fiscal 2027 revenue of $2.739 billion, up 37% year over year and $39.0 million above the midpoint of its guidance. Data center revenue rose 46% to $2.17 billion, while Communications and other rose 10% to $567.8 million. Third-quarter guidance of $3.150 billion plus or minus 5% and non-GAAP EPS of $1.10 plus or minus $0.05 both point to continued growth, and the company raised its revenue outlook for fiscal 2027 and 2028.

• Revenue $2.739 billion, up 37% y/y and 13% q/q
• Data center $2,171.5 million (79% of revenue), up 46% y/y
• Communications and other $567.8 million, up 10% y/y
• Non-GAAP EPS $0.94; GAAP EPS $0.33; non-GAAP gross margin 58.9%
• Q3 guidance: revenue $3.150 billion +/- 5%; non-GAAP EPS $1.10 +/- $0.05; non-GAAP gross margin 57.5% to 58.5%

SEC filing 8-K · accession 0001835632-26-000022 · sec.gov ↗