---
schema_version: "secwatch.filing_event.v1"
accession: "0001835632-23-000036"
form_type: "8-K"
ticker: "MRVL"
cik: "0001835632"
company_name: "Marvell Technology, Inc."
filed_at: "2023-08-24T23:59:59+00:00"
generated_at: "2026-06-11T04:20:27.969520+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Marvell Q2 revenue $1.34B, GAAP loss $0.24/sh; Q3 guidance above, AI demand strong

## Summary
- Q2 net revenue $1.341B, down 12% YoY, $11M above guidance midpoint.
- GAAP net loss $(207.5)M ($(0.24)/diluted share); non-GAAP net income $290.2M ($0.33).
- Non-GAAP gross margin 60.3% vs GAAP 38.9%; cash from ops $112.5M.
- Q3 outlook: revenue ~$1.4B (±5%), non-GAAP EPS $0.40 ±0.05 (sequential growth).
- CEO says AI demand accelerating, raising FY AI revenue outlook above prior view.

## SEC filing metadata
- accession: 0001835632-23-000036
- form_type: 8-K
- ticker: MRVL
- cik: 0001835632
- company_name: Marvell Technology, Inc.
- filed_at: 2023-08-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1835632/000183563223000036/0001835632-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1835632/000183563223000036/mrvl-20230824.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001835632-23-000036
- JSON: https://secwatch.observer/filing/0001835632-23-000036.json
- Plain text: https://secwatch.observer/filing/0001835632-23-000036.txt

## Key facts
- Earnings Releases
  Marvell Technology, Inc. reported the second quarter of fiscal year 2024 results: revenue $1.341 billion, net income $(207.5) million, EPS $(0.24) per diluted share. Guidance initiated.
  - Period: the second quarter of fiscal year 2024
  - Revenue: $1.341 billion
  - Net income: $(207.5) million
  - EPS: $(0.24) per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: Net revenue for the second quarter of fiscal 2024 was $1.341 billion, $11 million above the midpoint of the Company’s guidance provided on May 25, 2023. GAAP net loss for the second quarter of fiscal 2024 was $(207.5) million, or $(0.24) per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1835632/000183563223000036/0001835632-23-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.