Marvell Technology, Inc. (MRVL)

Marvell Technology’s revenue rose 36.5% to about $2.7 billion in the second fiscal quarter of 2027, and results came in line with consensus on both the top and bottom line based on preliminary figures reported August 27, 2026. Adjusted EPS was $0.94, up 40.3% from $0.67 a year ago, with EPS of $0.94 vs estimate $0.93 (+0.8%, verdict: in line), while revenue of $2.739 billion vs estimate $2.719 billion (+0.7%, verdict: in line) and up from about $2.0 billion a year earlier. Profitability tracked higher alongside the growth, with gross margin at ~53% and operating margin near 17%, and net income increasing 58.1% to roughly $308 million versus about $195 million a year ago. The company generated about $605.5 million in operating cash flow, repurchased roughly $200 million of stock, and paid around $53.9 million in dividends during the quarter. For the next period, consensus calls for EPS of $1.07 on revenue of $3.073 billion.