earnings
confidence high
sentiment positive
materiality 0.85
Marvell Q3 record rev $2.075B (+37% YoY); guides Q4 rev ~$2.2B; acquires Celestial AI
Marvell Technology, Inc.
2026-Q3 EPS reported
$2.61
revenue$5,975,900,000
- Q3 GAAP net income $1.901B ($2.20 diluted EPS) includes $1.8B gain from sale of automotive ethernet to Infineon for $2.5B.
- Non-GAAP EPS $0.76; revenue $2.075B (record, $15M above guidance midpoint).
- Q4 guidance: revenue ~$2.2B (+/-5%), non-GAAP EPS $0.79+/-0.05; FY revenue growth forecast >40%.
- Acquired Celestial AI to strengthen AI datacenter interconnect; terms not disclosed.
- Data center revenue growth forecast for next year raised above prior expectations.
item 2.02item 9.01