Marvell Guides Third Quarter of Fiscal 2027 Revenue to $3.15 Billion, Up 15 Percent From Second Quarter of Fiscal Year 2027
Marvell reported $2.74 billion in revenue for Second Quarter of Fiscal Year 2027 and guided Third Quarter of Fiscal 2027 to $2.99 billion to $3.31 billion.
Marvell filed the release with the SEC on August 27, 2026. Revenue of $2.74 billion landed inside the $2.56 billion to $2.83 billion range the company had guided for Second Quarter of Fiscal Year 2027. The midpoint of the new outlook, $3.15 billion, is 15 percent above what it just reported.
Guidance Against Results
| Guided for Second Quarter of Fiscal Year 2027 | Reported for Second Quarter of Fiscal Year 2027 | Guided for Third Quarter of Fiscal 2027 | |
|---|---|---|---|
| Revenue | $2.56 billion to $2.83 billion | $2.74 billion | $2.99 billion to $3.31 billion |
| Gross margin (non-GAAP) | 58.2% to 59.2% | 58.9% | 57.5% to 58.5% |
| Earnings per share (non-GAAP) | $0.88 to $0.98 | $0.94 | $1.05 to $1.15 |
In the Company's Words
AI-related bookings remain exceptionally robust, and we expect our revenue growth to accelerate further through the remainder of fiscal 2027.
Given this strength, we are again raising our revenue outlook for both fiscal 2027 and fiscal 2028 compared with the guidance we provided last quarter.
The figures come from Marvell's earnings releases: this quarter and the quarter before. Guidance figures are the company's own ranges as printed.