
Marvell Technology (MRVL) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Marvell Technology (MRVL) last issued guidance on October 6, 2026 for fiscal year 2028. The company guided revenue in the range of $20B - $20B for the period.
Compared to prior guidance, Marvell Technology raised its revenue forecast from a prior range of $12B - $12B.
Marvell Technology has issued 24 guidance updates between December 1, 2022 and October 6, 2026. During this period, the company raised its outlook 14 times and lowered it 3 times, providing investors with insight into management's evolving expectations.
| Metric | Q2 '27 | Q1 '27 | Q4 '26 | Q3 '26 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $0.87 | $0.75 | $0.71 | $0.67 |
| Actual | $0.94 | $0.80 | $0.80 | $0.76 |
| Surprise | +8.05% | +6.67% | +12.7% | +13.4% |
| Revenue | ||||
| Estimate | $2.71B | $2.40B | $2.16B | $2.06B |
| Actual | $2.74B | $2.42B | $2.22B | $2.08B |
| Surprise | +1.11% | +0.72% | +2.77% | +0.57% |
| Metric | Q3 '27E | Q4 '27E | Q1 '28E | Q2 '28E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $1.04 | $1.29 | $1.12 | $1.25 |
| Revenue | ||||
| Consensus | $3.15B | $3.72B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q2 | Aug 27, 2026 | $0.94 | $0.87 | 8.05 % |
| Q1 | May 27, 2026 | $0.80 | $0.75 | 6.67 % |
| Q4 | Mar 5, 2026 | $0.80 | $0.71 | 12.7 % |
| Q3 | Dec 2, 2025 | $0.76 | $0.67 | 13.4 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q2 | Aug 27, 2026 | $2.74B | $2.71B | 1.11 % |
| Q1 | May 27, 2026 | $2.42B | $2.40B | 0.72 % |
| Q4 | Mar 5, 2026 | $2.22B | $2.16B | 2.77 % |
| Q3 | Dec 2, 2025 | $2.08B | $2.06B | 0.57 % |