Marvell Q2 revenue record $2.006B, up 58% YoY; Q3 guidance above Q2 midpoint

Marvell Technology, Inc.

2026-Q2 EPS reported $0.43 revenue$3,901,400,000

Q2 GAAP diluted EPS $0.22; non-GAAP $0.67; cash from ops $461.6M.
Q2 GAAP gross margin 50.4%; non-GAAP 59.4%; revenue $6M above guidance midpoint.
Q3 revenue outlook $2.06B +/-5%; non-GAAP EPS guidance $0.74 +/-$0.05.
AI demand, custom silicon, and electro-optics drive growth; over 50 new design wins with 10+ customers.
Q3 outlook reflects divestiture of Automotive Ethernet business completed Aug 14, 2025.

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