Marvell Technology, Inc. Reports Second Quarter of Fiscal Year 2026 Financial Results

Q2 Net Revenue: $2.006 billion, a new record, grew by 58% year-on-year Q2 Gross Margin: 50.4% GAAP gross margin; 59.4% non-GAAP gross margin Q2 Diluted income per share: $0.22 GAAP diluted income per share; $0.67 non-GAAP diluted income per share Financial outlook for the third quarter of fiscal 2026 reflects the divestiture of Marvell's Automotive Ethernet business on August 14, 2025 SANTA CLARA, Calif. , Aug. 28, 2025 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the second quarter of fiscal year 2026.