Marvell Technology earnings
Marvell Technology reports its Q3 FY2027 results on 1 December 2026, after the market closes. Analysts expect earnings per share of 1.10 USD and revenue of 3.15B USD.
In Q2 FY2027, reported on 27 August 2026, Marvell Technology earned 0.94 USD a share against the 0.93 USD analysts expected (+0.6%), on revenue of 2.74B USD against 2.72B USD (+0.7%).
- Last EPS surprise
- +0.6%
- Last revenue surprise
- +0.7%
- Move after the last report
- -10.2%
- Average move after earnings
- 7.1%
EPS and revenue against estimates
Revenue
EPS
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q3 FY2027 | 1.10 | — | — | +44.74% | 3.15B | — | — | +52.04% | |
| Q2 FY2027 | 0.93 | 0.94 | +0.64% | +40.30% | 2.72B | 2.74B | +0.66% | +36.55% | |
| Q1 FY2027 | 0.80 | 0.80 | +0.25% | +29.03% | 2.41B | 2.42B | +0.49% | +27.57% | |
| Q4 FY2026 | 0.79 | 0.80 | +1.01% | +33.33% | 2.21B | 2.22B | +0.54% | +22.08% | |
| Q3 FY2026 | 0.74 | 0.76 | +2.29% | +76.74% | 2.07B | 2.07B | +0.27% | +36.83% | |
| Q2 FY2026 | 0.67 | 0.67 | -0.45% | +123.33% | 2.01B | 2.01B | -0.21% | +57.60% | |
| Q1 FY2026 | 0.61 | 0.62 | +1.31% | +158.33% | 1.88B | 1.90B | +0.97% | +63.26% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2029 | 12.51 | — | — | +71.78% | 31.54B | — | — | +61.12% |
| FY2028 | 7.28 | — | — | +72.89% | 19.58B | — | — | +62.27% |
| FY2027 | 4.21 | — | — | +47.76% | 12.06B | — | — | +47.23% |
| FY2026 | 2.84 | 2.85 | +0.19% | +81.53% | 8.18B | 8.19B | +0.12% | +42.09% |
| FY2025 | 1.56 | 1.57 | +0.78% | +3.97% | 5.75B | 5.77B | +0.35% | +4.71% |
| FY2024 | 1.51 | 1.51 | +0.00% | -28.77% | 5.50B | 5.51B | +0.10% | -6.96% |
| FY2023 | 2.12 | 2.12 | -0.18% | +35.90% | 5.90B | 5.92B | +0.30% | +32.66% |
Beat record
On average, analysts' EPS estimate was 1.6% off the result, either way, and their revenue estimate 1.0%, over the last 12 quarters.
- EPS beats
- 70 / 100
- Revenue beats
- 70 / 100
- Average EPS surprise, last 12
- +1.4%
- Since
- November 2000
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q2 FY2027 | 27 Aug 2026 | 0.93 | 0.94 | +0.6% | 2.72B | 2.74B | +0.7% |
| Q1 FY2027 | 27 May 2026 | 0.80 | 0.80 | +0.3% | 2.41B | 2.42B | +0.5% |
| Q4 FY2026 | 5 Mar 2026 | 0.79 | 0.80 | +1.0% | 2.21B | 2.22B | +0.5% |
| Q3 FY2026 | 2 Dec 2025 | 0.74 | 0.76 | +2.3% | 2.07B | 2.07B | +0.3% |
| Q2 FY2026 | 28 Aug 2025 | 0.67 | 0.67 | -0.4% | 2.01B | 2.01B | -0.2% |
| Q1 FY2026 | 29 May 2025 | 0.61 | 0.62 | +1.3% | 1.88B | 1.90B | +1.0% |
| Q4 FY2025 | 5 Mar 2025 | 0.59 | 0.60 | +1.7% | 1.80B | 1.82B | +1.0% |
| Q3 FY2025 | 3 Dec 2024 | 0.41 | 0.43 | +4.9% | 1.46B | 1.52B | +4.1% |
| Q2 FY2025 | 29 Aug 2024 | 0.29 | 0.30 | +2.2% | 1.25B | 1.27B | +1.9% |
| Q1 FY2025 | 30 May 2024 | 0.24 | 0.24 | +1.2% | 1.15B | 1.16B | +0.6% |
| Q4 FY2024 | 7 Mar 2024 | 0.46 | 0.46 | -0.4% | 1.42B | 1.43B | +0.4% |
| Q3 FY2024 | 30 Nov 2023 | 0.40 | 0.41 | +2.5% | 1.40B | 1.42B | +1.3% |
Every earnings report
| Report date | Quarter | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise | Next-day move |
|---|---|---|---|---|---|---|---|---|
| 1 Dec 2026Upcoming | Q3 FY2027 | 1.10 | — | — | 3.15B | — | — | — |
| 27 Aug 2026After the market closes | Q2 FY2027 | 0.93 | 0.94 | +0.6% | 2.72B | 2.74B | +0.7% | -10.2% |
| 27 May 2026After the market closes | Q1 FY2027 | 0.80 | 0.80 | +0.3% | 2.41B | 2.42B | +0.5% | +3.0% |
| 5 Mar 2026After the market closes | Q4 FY2026 | 0.79 | 0.80 | +1.0% | 2.21B | 2.22B | +0.5% | +18.3% |
| 2 Dec 2025After the market closes | Q3 FY2026 | 0.74 | 0.76 | +2.3% | 2.07B | 2.07B | +0.3% | +7.9% |
| 28 Aug 2025After the market closes | Q2 FY2026 | 0.67 | 0.67 | -0.4% | 2.01B | 2.01B | -0.2% | -18.7% |
| 29 May 2025After the market closes | Q1 FY2026 | 0.61 | 0.62 | +1.3% | 1.88B | 1.90B | +1.0% | -5.7% |
| 5 Mar 2025After the market closes | Q4 FY2025 | 0.59 | 0.60 | +1.7% | 1.80B | 1.82B | +1.0% | -20.0% |
| 3 Dec 2024After the market closes | Q3 FY2025 | 0.41 | 0.43 | +4.9% | 1.46B | 1.52B | +4.1% | +23.2% |
| 29 Aug 2024After the market closes | Q2 FY2025 | 0.29 | 0.30 | +2.2% | 1.25B | 1.27B | +1.9% | +9.2% |
| 30 May 2024After the market closes | Q1 FY2025 | 0.24 | 0.24 | +1.2% | 1.15B | 1.16B | +0.6% | -10.5% |
| 7 Mar 2024After the market closes | Q4 FY2024 | 0.46 | 0.46 | -0.4% | 1.42B | 1.43B | +0.4% | -11.2% |
| 30 Nov 2023After the market closes | Q3 FY2024 | 0.40 | 0.41 | +2.5% | 1.40B | 1.42B | +1.3% | -5.2% |
| 24 Aug 2023After the market closes | Q2 FY2024 | 0.32 | 0.33 | +3.1% | 1.40B | 1.34B | -4.3% | -6.6% |
| 25 May 2023After the market closes | Q1 FY2024 | 0.29 | 0.31 | +6.9% | 1.30B | 1.32B | +1.6% | +32.9% |
| 2 Mar 2023After the market closes | Q4 FY2023 | 0.46 | 0.46 | 0.0% | 1.40B | 1.42B | +1.3% | -4.7% |
| 1 Dec 2022After the market closes | Q3 FY2023 | 0.59 | 0.57 | -3.4% | 1.55B | 1.54B | -1.1% | -1.4% |
| 25 Aug 2022After the market closes | Q2 FY2023 | 0.56 | 0.57 | +1.8% | 1.52B | 1.52B | -0.0% | -9.0% |
| 26 May 2022After the market closes | Q1 FY2023 | 0.51 | 0.52 | +2.0% | 1.43B | 1.45B | +1.4% | +6.7% |
| 3 Mar 2022After the market closes | Q4 FY2022 | 0.48 | 0.50 | +4.2% | 1.32B | 1.34B | +1.5% | -2.8% |
| 2 Dec 2021After the market closes | Q3 FY2022 | 0.38 | 0.43 | +13.2% | 1.31B | 1.21B | -7.3% | +17.7% |
| 26 Aug 2021After the market closes | Q2 FY2022 | 0.31 | 0.34 | +9.7% | 1.15B | 1.08B | -6.2% | -3.0% |
| 7 Jun 2021After the market closes | Q1 FY2022 | 0.27 | 0.29 | +7.4% | 801.09M | 832.30M | +3.9% | +5.0% |
| 3 Mar 2021After the market closes | Q4 FY2021 | 0.29 | 0.29 | 0.0% | 786.10M | 797.82M | +1.5% | -12.1% |
| 3 Dec 2020After the market closes | Q3 FY2021 | 0.25 | 0.25 | 0.0% | 750.14M | 750.14M | 0.0% | -4.5% |
| 27 Aug 2020After the market closes | Q2 FY2021 | 0.20 | 0.21 | +5.0% | 692.66M | 727.30M | +5.0% | +6.5% |
| 28 May 2020After the market closes | Q1 FY2021 | 0.14 | 0.18 | +28.6% | 539.50M | 693.64M | +28.6% | +8.8% |
| 4 Mar 2020After the market closes | Q4 FY2020 | 0.16 | 0.17 | +6.3% | 675.46M | 717.67M | +6.3% | +10.4% |
| 3 Dec 2019After the market closes | Q3 FY2020 | 0.17 | 0.17 | 0.0% | 662.47M | 662.47M | 0.0% | -4.9% |
| 29 Aug 2019After the market closes | Q2 FY2020 | 0.15 | 0.16 | +6.7% | 615.53M | 656.57M | +6.7% | -1.0% |
| 30 May 2019After the market closes | Q1 FY2020 | 0.15 | 0.16 | +6.7% | 579.65M | 662.45M | +14.3% | +0.5% |
| 7 Mar 2019After the market closes | Q4 FY2019 | 0.26 | 0.25 | -3.8% | 744.80M | 744.80M | 0.0% | -2.7% |
| 4 Dec 2018After the market closes | Q3 FY2019 | 0.32 | 0.33 | +3.1% | 825.26M | 851.05M | +3.1% | +3.9% |
| 6 Sept 2018After the market closes | Q2 FY2019 | 0.34 | 0.28 | -17.6% | 831.62M | 665.31M | -20.0% | +0.1% |
| 31 May 2018After the market closes | Q1 FY2019 | 0.31 | 0.32 | +3.2% | 585.71M | 604.63M | +3.2% | +2.7% |
| 8 Mar 2018After the market closes | Q4 FY2018 | 0.31 | 0.32 | +3.2% | 596.17M | 615.41M | +3.2% | +0.1% |
| 28 Nov 2017After the market closes | Q3 FY2018 | 0.33 | 0.34 | +3.0% | 598.17M | 616.30M | +3.0% | -4.6% |
| 24 Aug 2017After the market closes | Q2 FY2018 | 0.28 | 0.30 | +7.1% | 564.48M | 604.75M | +7.1% | +7.6% |
| 25 May 2017After the market closes | Q1 FY2018 | 0.21 | 0.24 | +14.3% | 501.11M | 579.18M | +15.6% | +4.3% |
| 2 Mar 2017After the market closes | Q4 FY2017 | 0.19 | 0.22 | +15.8% | 489.16M | 571.40M | +16.8% | +1.5% |
| 17 Nov 2016After the market closes | Q3 FY2017 | 0.12 | 0.20 | +66.7% | 514.55M | 654.42M | +27.2% | +10.7% |
| 6 Sept 2016After the market closes | Q2 FY2017 | 0.11 | 0.18 | +63.6% | 365.02M | 626.40M | +71.6% | -2.4% |
| 27 Jul 2016After the market closes | Q1 FY2017 | 0.07 | 0.01 | -85.7% | 3.79B | 519.38M | -86.3% | +1.9% |
| 31 Jan 2016After the market closes | Q4 FY2016 | — | 0.01 | — | — | 616.16M | — | +0.9% |
| 7 Dec 2015After the market closes | Q3 FY2016 | 0.13 | 0.05 | -61.5% | 981.19M | 674.89M | -31.2% | -7.4% |
| 11 Sept 2015After the market closes | Q2 FY2016 | 0.11 | -0.74 | -772.7% | 645.91M | 710.49M | +10.0% | -2.5% |
| 21 May 2015After the market closes | Q1 FY2016 | 0.12 | 0.13 | +8.3% | 557.15M | 724.29M | +30.0% | -8.6% |
| 19 Feb 2015After the market closes | Q4 FY2015 | 0.24 | 0.25 | +4.2% | 823.15M | 857.45M | +4.2% | -0.7% |
| 20 Nov 2014After the market closes | Q3 FY2015 | 0.29 | 0.29 | 0.0% | 930.10M | 930.14M | +0.0% | +5.2% |
| 21 Aug 2014After the market closes | Q2 FY2015 | 0.28 | 0.34 | +21.4% | 791.82M | 961.55M | +21.4% | +1.7% |
| 22 May 2014After the market closes | Q1 FY2015 | 0.22 | 0.27 | +22.7% | 780.43M | 957.83M | +22.7% | +1.9% |
| 20 Feb 2014After the market closes | Q4 FY2014 | 0.25 | 0.29 | +16.0% | 803.19M | 931.75M | +16.0% | -3.3% |
| 21 Nov 2013After the market closes | Q3 FY2014 | 0.25 | 0.32 | +28.0% | 727.50M | 931.23M | +28.0% | +5.4% |
| 22 Aug 2013After the market closes | Q2 FY2014 | 0.19 | 0.23 | +21.1% | 666.73M | 807.06M | +21.0% | -5.9% |
| 23 May 2013After the market closes | Q1 FY2014 | 0.14 | 0.19 | +35.7% | 541.14M | 734.37M | +35.7% | +0.3% |
| 21 Feb 2013After the market closes | Q4 FY2013 | 0.13 | 0.19 | +46.2% | 530.47M | 775.29M | +46.2% | +4.4% |
| 15 Nov 2012After the market closes | Q3 FY2013 | 0.20 | 0.20 | 0.0% | 780.90M | 780.88M | -0.0% | -0.1% |
| 16 Aug 2012After the market closes | Q2 FY2013 | 0.26 | 0.24 | -7.7% | 884.11M | 816.10M | -7.7% | -14.2% |
| 17 May 2012After the market closes | Q1 FY2013 | 0.20 | 0.23 | +15.0% | 692.52M | 796.35M | +15.0% | -4.1% |
| 23 Feb 2012After the market closes | Q4 FY2012 | 0.17 | 0.21 | +23.5% | 601.23M | 742.70M | +23.5% | -3.7% |
| 17 Nov 2011After the market closes | Q3 FY2012 | 0.39 | 0.40 | +2.6% | 926.64M | 950.42M | +2.6% | +6.5% |
| 18 Aug 2011After the market closes | Q2 FY2012 | 0.37 | 0.38 | +2.7% | 873.88M | 897.52M | +2.7% | +5.9% |
| 26 May 2011After the market closes | Q1 FY2012 | 0.30 | 0.29 | -3.3% | 830.07M | 802.40M | -3.3% | +11.1% |
| 3 Mar 2011After the market closes | Q4 FY2011 | 0.42 | 0.40 | -4.8% | 945.52M | 900.51M | -4.8% | -11.5% |
| 18 Nov 2010After the market closes | Q3 FY2011 | 0.43 | 0.45 | +4.7% | 916.66M | 959.33M | +4.7% | +6.1% |
| 19 Aug 2010After the market closes | Q2 FY2011 | 0.39 | 0.40 | +2.6% | 874.06M | 896.47M | +2.6% | +8.4% |
| 20 May 2010After the market closes | Q1 FY2011 | 0.37 | 0.38 | +2.7% | 833.08M | 855.58M | +2.7% | +8.3% |
| 4 Mar 2010After the market closes | Q4 FY2010 | 0.37 | 0.40 | +8.1% | 779.31M | 842.54M | +8.1% | +1.3% |
| 3 Dec 2009After the market closes | Q3 FY2010 | 0.27 | 0.35 | +29.6% | 619.53M | 803.10M | +29.6% | +9.3% |
| 27 Aug 2009After the market closes | Q2 FY2010 | 0.14 | 0.18 | +28.6% | 498.24M | 640.62M | +28.6% | +5.0% |
| 28 May 2009After the market closes | Q1 FY2010 | 0.05 | 0.05 | 0.0% | 521.40M | 521.43M | +0.0% | -2.2% |
| 5 Mar 2009After the market closes | Q4 FY2009 | 0.01 | 0.05 | +319.8% | 102.57M | 512.87M | +400.0% | +7.2% |
| 2 Dec 2008After the market closes | Q3 FY2009 | 0.21 | 0.23 | +9.5% | 722.22M | 791.05M | +9.5% | +20.4% |
| 28 Aug 2008After the market closes | Q2 FY2009 | 0.21 | 0.24 | +14.3% | 737.28M | 842.58M | +14.3% | -4.4% |
| 29 May 2008After the market closes | Q1 FY2009 | 0.13 | 0.24 | +84.6% | 688.88M | 804.08M | +16.7% | +23.3% |
| 6 Mar 2008After the market closes | Q4 FY2008 | 0.11 | 0.20 | +81.8% | 570.16M | 844.69M | +48.1% | -5.0% |
| 27 Nov 2007After the market closes | Q3 FY2008 | 0.08 | 0.14 | +75.0% | 703.75M | 758.25M | +7.7% | -10.2% |
| 23 Aug 2007After the market closes | Q2 FY2008 | 0.06 | 0.06 | 0.0% | 656.70M | 656.71M | +0.0% | -11.8% |
| 2 Jul 2007After the market closes | Q1 FY2008 | 0.07 | 0.03 | -57.1% | 889.14M | 635.05M | -28.6% | +1.3% |
| 31 Jan 2007After the market closes | Q4 FY2007 | — | -0.24 | — | — | 621.97M | — | +0.3% |
| 31 Oct 2006After the market closes | Q3 FY2007 | — | 0.01 | — | — | 520.40M | — | -2.3% |
| 31 Jul 2006After the market closes | Q2 FY2007 | — | 0.07 | — | — | 573.99M | — | -2.8% |
| 18 May 2006After the market closes | Q1 FY2007 | 0.21 | 0.21 | 0.0% | 521.20M | 521.20M | -0.0% | +13.1% |
| 23 Feb 2006After the market closes | Q4 FY2006 | 0.20 | 0.21 | +5.0% | 464.57M | 489.02M | +5.3% | -0.9% |
| 17 Nov 2005After the market closes | Q3 FY2006 | 0.17 | 0.18 | +5.9% | 402.33M | 426.03M | +5.9% | +13.0% |
| 18 Aug 2005After the market closes | Q2 FY2006 | 0.14 | 0.16 | +14.3% | 341.69M | 390.45M | +14.3% | +0.5% |
| 19 May 2005After the market closes | Q1 FY2006 | 0.13 | 0.14 | +7.7% | 338.72M | 364.77M | +7.7% | +3.8% |
| 24 Feb 2005After the market closes | Q4 FY2005 | 0.12 | 0.12 | 0.0% | 340.27M | 340.27M | 0.0% | +3.8% |
| 18 Nov 2004After the market closes | Q3 FY2005 | 0.11 | 0.11 | 0.0% | 317.58M | 317.58M | 0.0% | +1.6% |
| 19 Aug 2004After the market closes | Q2 FY2005 | 0.09 | 0.10 | +11.1% | 267.44M | 297.15M | +11.1% | +10.4% |
| 20 May 2004After the market closes | Q1 FY2005 | 0.08 | 0.09 | +12.5% | 239.62M | 269.58M | +12.5% | +10.6% |
| 26 Feb 2004After the market closes | Q4 FY2004 | 0.07 | 0.07 | 0.0% | 243.29M | 243.29M | 0.0% | +6.7% |
| 19 Nov 2003After the market closes | Q3 FY2004 | 0.06 | 0.06 | 0.0% | 215.33M | 215.33M | 0.0% | -7.3% |
| 21 Aug 2003After the market closes | Q2 FY2004 | 0.05 | 0.06 | +20.0% | 160.71M | 192.85M | +20.0% | +8.7% |
| 22 May 2003After the market closes | Q1 FY2004 | 0.04 | 0.05 | +11.8% | 134.63M | 168.28M | +25.0% | +16.4% |
| 27 Feb 2003After the market closes | Q4 FY2003 | 0.04 | 0.04 | -1.6% | 150.85M | 150.85M | 0.0% | +5.5% |
| 21 Nov 2002After the market closes | Q3 FY2003 | 0.04 | 0.04 | +7.1% | 101.96M | 135.94M | +33.3% | -5.3% |
| 22 Aug 2002After the market closes | Q2 FY2003 | 0.02 | 0.03 | +20.2% | 79.80M | 119.69M | +50.0% | +16.8% |
| 23 May 2002After the market closes | Q1 FY2003 | 0.02 | 0.02 | +12.8% | 98.80M | 98.80M | 0.0% | -9.0% |
| 28 Feb 2002After the market closes | Q4 FY2002 | 0.02 | 0.02 | +20.0% | 91.10M | 82.82M | -9.1% | +15.4% |
| 15 Nov 2001After the market closes | Q3 FY2002 | 0.01 | -0.23 | -2,389.5% | 73.10M | 73.10M | 0.0% | +13.9% |
| 16 Aug 2001After the market closes | Q2 FY2002 | -0.22 | -0.23 | -7.1% | 68.65M | 68.65M | 0.0% | -5.5% |
| 17 May 2001After the market closes | Q1 FY2002 | -0.19 | -0.23 | -23.8% | 64.23M | 64.23M | 0.0% | -4.0% |
| 22 Feb 2001After the market closes | Q4 FY2001 | 0.01 | -0.90 | -9,140.7% | 45.84M | 45.84M | 0.0% | +17.3% |
| 16 Nov 2000After the market closes | Q3 FY2001 | 0.00 | 0.00 | +33.4% | 36.21M | 36.21M | 0.0% | +0.5% |
| 24 Aug 2000After the market closes | Q2 FY2001 | — | 0.00 | — | — | 32.18M | — | +0.4% |
| 30 Apr 2000After the market closes | Q4 FY2000 | — | 0.01 | — | — | 29.66M | — | — |
The move is the shares' change on the trading day after the report: after a report after the close, the next day's close on the report day's; before the open, the report day's close on the day before's. Surprise is the reported figure against the analysts' average estimate.
See also:Forecast,EPS,Income statement
Common questions about Marvell Technology's earnings
Source: Financial Modeling Prep
