Marvell Technology Group ( (MRVL) ) has released its Q4 earnings. Here is a breakdown of the information Marvell Technology Group presented to its investors.
Marvell Technology, Inc., based in Santa Clara, California, is a prominent player in the semiconductor industry, specializing in data infrastructure solutions that cater to various sectors including data centers, enterprise networking, and automotive/industrial applications.
In its latest earnings report, Marvell Technology announced a strong financial performance for the fourth quarter and fiscal year 2025, highlighted by a 27% year-over-year increase in net revenue, reaching $1.817 billion. The company also reported a GAAP gross margin of 50.5% and a non-GAAP gross margin of 60.1%, with diluted income per share at $0.23 GAAP and $0.60 non-GAAP.
Key financial metrics reveal that Marvell achieved a record $1.68 billion in operating cash flow for the fiscal year, alongside returning $933 million to shareholders through stock repurchases and dividends. The data center market was a significant growth driver, with a 78% year-over-year revenue increase in the fourth quarter. Additionally, Marvell’s custom AI silicon programs have entered volume production, and the company secured multiple new design wins, indicating robust future growth prospects.
Looking ahead, Marvell Technology is optimistic about fiscal 2026, projecting a first-quarter revenue growth of over 60% year-over-year at the mid-point of guidance. The company anticipates continued strong revenue growth throughout the fiscal year, driven by its strategic initiatives and expanding market opportunities.