Filing Flows › Marvell Technology (MRVL) › Q1 FY27 › vs Q4 FY26
Marvell Technology (MRVL) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Marvell Technology's revenue rose $199M (+9%) from $2.2B in Q4 FY26 to $2.4B in Q1 FY27. Gross margin 52.1% against 51.7% (+0.4 pts).
Marvell Technology, Q1 FY27: revenue $2.4B (+28% year over year), operating margin 14.0%, net earnings $34.5M, operating cash flow $639M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 52.1% | 51.7% | +0.4 pts |
| Operating margin | 14.0% | 18.2% | -4.2 pts |
| Net margin | 1.4% | 17.9% | -16.4 pts |
| Free cash flow margin | 20.0% | 11.7% | +8.3 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $2.4B | $2.2B | $199M | +9% |
| Gross profit | $1.3B | $1.1B | $113M | +10% |
| Cost of revenue | $1.2B | $1.1B | $86.2M | +8% |
| Operating profit | $339M | $404M | −$65.0M | -16% |
| Operating expenses | $921M | $744M | $178M | +24% |
| Pre-tax earnings | $83.3M | $382M | −$298M | -78% |
| Other expense, net | $256M | $22.8M | $233M | 11× |
| Research & development | $652M | $536M | $116M | +22% |
| SG&A | $258M | $198M | $60.4M | +31% |
| Other operating costs | $10.7M | $9.5M | $1.2M | +13% |
| Net earnings | $34.5M | $396M | −$362M | -91% |
| Income tax | $48.8M | −$14.5M | $63.3M | — |
| Share-based compensation | $208M | $143M | $64.6M | +45% |
| Working capital & other | $397M | −$165M | $562M | — |
| Operating cash flow | $639M | $374M | $265M | +71% |
| Free cash flow (OCF − capex) | $483M | $259M | $224M | +86% |
| Capital expenditures | $156M | $114M | $41.4M | +36% |
Questions
How much did Marvell Technology's revenue grow quarter over quarter in Q1 FY27?
Marvell Technology's revenue rose $199M (+9%) from $2.2B in Q4 FY26 to $2.4B in Q1 FY27. Gross margin 52.1% against 51.7% (+0.4 pts).