U.S. COMPANY FILING
Marvell Technology, Inc. — Form 10-Q filed 2025-12-03
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Marvell Technology reported Q3 FY2026 revenue of $2.0745B, up 37% YoY, with net income of $1.9013B, a turnaround from a loss. Data center sales grew 38% on strong AI demand. The company announced the acquisition of Celestial AI for ~$3.25B and completed the sale of its automotive ethernet business, recording a $1.83B gain. Gross margin expanded to 51.6%.
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