MRVL Q1 2026 Earnings — Income Statement Breakdown
For its Q1 2026 period (ending 2026-05-02), MRVL reported revenue of $2.4B, gross profit of $1.3B (52.1% gross margin), operating income of $339M, and net income of $35M (1.4% net margin). The flow of revenue into costs and profit is visualized below.
What changed
MRVL was profitable; revenue grew 9.0% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +9.0% | −91.3% | −16.4 pp |
Consensus estimate data is not available for this report.
MRVL Q1 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $2.4B | 100% |
| Cost of Revenue | −$1.2B | 47.9% |
| Gross Profit | $1.3B | 52.1% |
| Research & Development | −$652M | 27.0% |
| Selling, General & Administrative | −$258M | 10.7% |
| Other Operating Expenses | −$11M | 0.4% |
| Operating Income | $339M | 14.0% |
| Interest Expense | −$53M | 2.2% |
| Other Income, net | −$203M | 8.4% |
| Income Tax Expense | −$49M | 2.0% |
| Net Income | $35M | 1.4% |
Source: MRVL filings on SEC EDGAR (period ended 2026-05-02). Data normalized by EarningsFyi.