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May 27, 2026 4:30 PM

Marvell Shares Climb After Q1 Results Beat Estimates: Details

Marvell Technology Inc. (NASDAQ:MRVL) posted its first-quarter results after Wednesday’s closing bell, beating estimates on the top and bottom lines.

Here's a look at the details inside the report. 

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Marvell Q1 Details     

Marvell reported quarterly earnings of 80 cents per share, which beat the analyst consensus estimate of 79 cents, according to Benzinga Pro data.

Quarterly revenue came in at $2.42 billion, which beat the analyst consensus estimate of $2.4 billion and was up from $1.9 billion in the same period last year.  

Non-GAAP gross margin was 58.9% for the quarter.

“Marvell delivered record first-quarter ...