Filing Flows › Marvell Technology (MRVL) › Q4 FY26
Marvell Technology (MRVL) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Mar 11, 2026
Marvell Technology (MRVL) reported revenue of $2.2B for the fourth quarter fiscal 2026 (Q4 FY26), +22% from a year earlier and +7% from the quarter before. Operating margin was 18.2%, net earnings $396M (17.9% of revenue).
Marvell Technology, Q4 FY26: revenue $2.2B (+22% year over year), operating margin 18.2%, net earnings $396M, operating cash flow $374M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | +7% | +22% |
| Gross profit | $1.1B | +7% | +25% |
| Operating profit | $404M | +13% | +72% |
| Net earnings | $396M | -79% | +98% |
| Operating cash flow | $374M | -36% | -27% |
| Free cash flow | $259M | -49% | -42% |
What changed
Revenue was $2.2B in Q4 FY26, up 22% year over year and up 7% from the previous quarter.
Gross margin was 51.7%, up 1.3 points from Q4 FY25. Operating profit was $0.40B, a 18.2% margin (up 5.3 points year over year). Of the extra revenue versus Q4 FY25, 42% reached operating profit, above the 13% margin then. Operating expenses grew 9% against revenue growth of 22%. Net earnings were $0.40B, up 98% year over year. The effective tax rate was -3.8%.
Operating cash flow was $0.37B (down 27% year over year), 94% of net earnings. Non-cash charges added back $0.14B of share-based compensation. Working capital and other items used $0.17B. Capital expenditures of $0.11B left free cash flow of $0.26B.
Questions
What was Marvell Technology's revenue in the fourth quarter fiscal 2026?
Marvell Technology (MRVL) reported revenue of $2.2B for the fourth quarter fiscal 2026 (Q4 FY26), +22% from a year earlier and +7% from the quarter before.
Was Marvell Technology profitable in the fourth quarter fiscal 2026?
Operating profit was $404M (18.2% of revenue) and net earnings $396M.
Source: Marvell Technology 10-K on SEC EDGAR.