Data-center networking and custom silicon. TickerStar monitors official filings, investor releases, earnings, and call updates for Marvell Technology. Subscribe to MRVL alerts to receive concise, source-linked alerts when TickerStar detects a meaningful company update.
TickerStar filters routine noise and surfaces investor-relevant filings, releases, earnings, and call updates.
SEC filingSEC filing
MRVL 10-Q filed 2026-05-28 | Key takeaways
MRVL filed its 10-Q; the most relevant disclosure change is expanded Business combinations: Completed two acquisitions in Q1 FY2027: Celestial AI ($3.5B total consideration including $315.8M contingent consideration) and XConn ($469M total consideration). Celestial adds Photonic Fabric technology for AI interconnect; XConn adds PCIe/CXL switching sil. Customer concentration: Distributor A represented 45% of revenue; Customer A represented 16% of revenue.
MRVL Q1 FY2027 Net revenue $2.418 billion, Beat Guidance by +$18.0M
MRVL beat prior Q1 FY2027 Net revenue guidance by +$18.0M. For Q2 FY2027, Net revenue guidance is $2.565 billion-$2.835 billion (midpoint $2.700 billion) and Non-GAAP diluted EPS guidance is $0.88-$0.98 (midpoint $0.93).
Marvell completes $1 billion 5.300% senior notes offering due 2036
Marvell Technology, Inc. completed a public offering of $1 billion aggregate principal amount of 5.300% Senior Notes due 2036. The net proceeds from the sale were approximately $993.5 million after deducting the underwriters' discount but before other expenses. The company intends to use the proceeds for repayment of debt, including its 1.650% senior notes due 2026, with any remaining funds for general corporate purposes.
NVIDIA Invests $2 Billion in Marvell Through Strategic Preferred Stock Placement
On March 31, 2026, Marvell Technology, Inc. completed the issuance and sale of 2,000,000 shares of Series A Convertible Preferred Stock to NVIDIA Corporation for an aggregate purchase price of $2 billion in cash, pursuant to a Securities Purchase Agreement dated the same day. The shares are initially convertible into a maximum of 21,778,000 shares of Marvell common stock at an initial conversion price of approximately $91.8355 per share. NVIDIA and Marvell also announced a strategic partnership through NVIDIA NV...
MRVL filed its 10-K; the most relevant disclosure change is changed End market reporting: Company now reports two end markets: data center and communications and other. Beginning Q4 FY2026, enterprise networking, carrier infrastructure, consumer, and automotive/industrial are consolidated into 'communications and other'. Customer concentration: Distributor A represented 37% of revenue; Customer A represented 14% of revenue.
MRVL Q4 FY2026 Net revenue $2.219 billion, Beat Guidance by +$19.0M
MRVL beat prior Q4 FY2026 Net revenue guidance by +$19.0M. The company reported record fiscal 2026 revenue of $8.195 billion, up 42% year-over-year, and provided Q1 FY2027 revenue guidance of $2.40 billion ±5% representing approximately 8% year-over-year growth.
Marvell Files Prospectus Supplement for Secondary Share Offering Related to Celestial AI Acquisition
Marvell Technology, Inc. filed a prospectus supplement dated February 6, 2026 to its automatic shelf registration statement on Form S-3ASR (Registration No. 333-285742) for the resale of up to 24,222,758 shares of common stock by selling securityholders. The shares were issued in connection with Marvell's acquisition of Celestial AI, Inc. pursuant to the agreement and plan of reorganization. Wilson Sonsini Goodrich & Rosati, Professional Corporation provided a legal opinion confirming the shares have been duly a...
MRVL filed its 10-Q; the most relevant disclosure change is added Subsequent events: Announced acquisition of Celestial AI Inc. for approximately $3.25 billion in transaction value (up to $5.5 billion with earn-out milestones), expected to close in Q1 calendar 2026. Also issued warrant to customer for up to 1 million shares at $87.00 per share. Customer concentration: Distributor A represented 38% of revenue; Customer A represented 11% of revenue.
Four Marvell Technology executive officers purchased an aggregate of 27,200 shares of common stock in the open market on September 25, 2025. Chairman and CEO Matt Murphy purchased 13,600 shares at a weighted average price of $77.09 per share, while President and COO Chris Koopmans purchased 6,800 shares and President of Data Center Group Sandeep Bharathi and CFO Willem Meintjes each purchased 3,400 shares, all at a weighted average price of $78.03 per share.
MRVL filed its 10-Q; the most relevant disclosure change is added Automotive ethernet business divestiture: The company entered into a definitive agreement on April 7, 2025 to sell its automotive ethernet business to Infineon Technologies AG for $2.5 billion. As of August 2, 2025, assets held for sale of $595.5 million were classified on the balance sheet. The trans. Customer concentration: Distributor A represented 34% of net_sales; Customer A represented 16% of net_sales.
MRVL Q2 FY2026 Net revenue $2.006 billion, Beat Guidance by +$111.0M
MRVL beat prior Q2 FY2026 Net revenue guidance by +$111.0M. Revenue grew 58% year-over-year driven by strong AI demand for custom silicon and electro-optics products, reaching a new record. For Q3 FY2026, the company guided revenue of $2.060 billion (+/- 5%) and non-GAAP EPS of $0.74 (+/- $0.05), reflecting expectations for continued growth accompanied by operating margin and EPS expansion.
Marvell appoints Rajiv Ramaswami to Board of Directors
Marvell Technology, Inc. announced the appointment of Rajiv Ramaswami, President and CEO of Nutanix, to its Board of Directors, effective July 22, 2025. Ramaswami brings over three decades of technology industry leadership experience spanning software, cloud services, and network infrastructure to the role.
Marvell promotes Koopmans to President and COO, Bharathi to President of Data Center Group
On July 15, 2025, Marvell Technology promoted Chris Koopmans to President and Chief Operating Officer and Sandeep Bharathi to President, Data Center Group. Koopmans will expand his responsibilities to include Worldwide Sales, Corporate Development and Strategy while continuing to lead global business operations. Bharathi will lead the Data Center Group including Custom Cloud Services, Connectivity, Data Center Switch, and Cloud Optics business units. Each executive received updated compensation including a $770,...
Marvell Technology, Inc. completed a public offering of $500 million of 4.750% Senior Notes due 2030 and $500 million of 5.450% Senior Notes due 2035, generating net proceeds of approximately $992.3 million after underwriters discount. The company also entered into a Second Amended and Restated Revolving Credit Agreement providing for borrowings of up to $1.5 billion, replacing its prior $1.0 billion facility, with proceeds to be used for repayment of debt including term loans due 2026, revolving credit facility...
MRVL filed its 10-Q; the most relevant disclosure change is added Assets held for sale: Company classified assets held for sale of $588.2 million related to automotive ethernet business, consisting of $29.0M inventories, $17.4M property and equipment, $524.7M goodwill, $14.0M acquired intangible assets, and other related assets. Customer concentration: Distributor A represented 36% of revenue; Customer A represented 16% of revenue.
Marvell reaffirms Q1 FY2026 revenue outlook at $1.875B midpoint, narrows guidance range to +/-2%; postpones Investor Day to 2026
Marvell Technology reaffirmed the midpoint of its Q1 FY2026 revenue outlook at approximately $1.875 billion and narrowed the guidance range to +/- 2% from the prior +/- 5% range announced on March 5, 2025. The company also announced it will host a webinar on custom silicon technology for AI infrastructure on June 17, 2025, and postponed its previously scheduled Investor Day from June 10, 2025, to a future date in calendar 2026 due to the dynamic macroeconomic environment.
President Raghib Hussain to resign effective May 2, 2025
Raghib Hussain, President, Products and Technologies of Marvell Technology, Inc., has tendered his resignation effective May 2, 2025, to become Chief Executive Officer of another company. The resignation was announced on April 13, 2025. Marvell stated it has activated a succession plan to ensure a seamless transition of Mr. Hussain's responsibilities on or before his departure date.
MRVL filed its 10-K; the most relevant disclosure change is expanded End market revenue mix: Data center revenue grew to $4.16 billion representing 72% of total FY2025 revenue, up from 40% ($2.22 billion) in FY2024. Carrier infrastructure declined to 6% from 19%, enterprise networking to 11% from 22%, and consumer to 5% from 11%. Customer concentration: Distributor A represented 34% of revenue; Customer A represented 13% of revenue.
Marvell Q4 FY2025 Revenue of $1.817B Beats Guidance Midpoint by $17M; Data Center Revenue Up 78% YoY
Marvell Technology reported Q4 FY2025 revenue of $1.817 billion, beating the company's guidance midpoint of $1.800 billion by $17 million. GAAP diluted EPS was $0.23 and non-GAAP diluted EPS was $0.60. Data center revenue grew 78% year-over-year to $1.37 billion, representing 75% of total revenue. For Q1 FY2026, the company guides revenue of $1.875 billion (+/- 5%) representing expected growth of over 60% year-over-year at midpoint.