Filing Flows › Marvell Technology (MRVL) › Q4 FY25
Marvell Technology (MRVL) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Mar 12, 2025
Marvell Technology (MRVL) reported revenue of $1.8B for the fourth quarter fiscal 2025 (Q4 FY25), +27% from a year earlier and +20% from the quarter before. Operating margin was 12.9%, net earnings $200M (11.0% of revenue).
Marvell Technology, Q4 FY25: revenue $1.8B (+27% year over year), operating margin 12.9%, net earnings $200M, operating cash flow $514M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8B | +20% | +27% |
| Gross profit | $917M | +163% | +38% |
| Operating profit | $235M | — | — |
| Net earnings | $200M | — | — |
| Operating cash flow | $514M | -4% | -6% |
| Free cash flow | $444M | -4% | -7% |
What changed
Revenue was $1.8B in Q4 FY25, up 27% year over year and up 20% from the previous quarter. Data center was the largest line at 75% of revenue.
Gross margin was 50.5%, up 3.9 points from a year earlier. Operating profit was $0.24B, a 12.9% margin (up 15.3 points year over year). Operating expenses fell 2% while revenue rose 27%. Net earnings were $0.20B. The effective tax rate was -0.2%.
Operating cash flow was $0.51B (down 6% year over year), 257% of net earnings. Non-cash charges added back $0.15B of share-based compensation. Working capital and other items added $0.17B. Capital expenditures of $0.07B left free cash flow of $0.44B.
Questions
What was Marvell Technology's revenue in the fourth quarter fiscal 2025?
Marvell Technology (MRVL) reported revenue of $1.8B for the fourth quarter fiscal 2025 (Q4 FY25), +27% from a year earlier and +20% from the quarter before.
Was Marvell Technology profitable in the fourth quarter fiscal 2025?
Operating profit was $235M (12.9% of revenue) and net earnings $200M.
Source: Marvell Technology 10-K on SEC EDGAR.