HighGravityDataMarvell Technology — Aug 28, 2025 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001835632-25-000187
Showing in the filing
Non-GAAP diluted net income per share
“$0.74 +/- $0.05 per share”
Period
Q3 FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 16
Net revenue for Q3 FY2026
“$2.060 billion +/- 5%”
GAAP gross margin for Q3 FY2026
“51.5% to 52.0%”
Non-GAAP gross margin for Q3 FY2026
“59.5% to 60.0%”
GAAP operating expenses for Q3 FY2026
“approximately $719 million”
Non-GAAP operating expenses for Q3 FY2026
“approximately $485 million”
Basic weighted-average shares outstanding for Q3 FY2026
“863 million”
Diluted weighted-average shares outstanding for Q3 FY2026
“870 million”
GAAP diluted net income per share for Q3 FY2026
“$2.03 +/- $0.05 per share”
Non-GAAP diluted net income per share for Q3 FY2026
“$0.74 +/- $0.05 per share”
Non-GAAP net revenue for FY2025
“$2,060 +/- 5%”
GAAP gross margin for FY2025
“51.5% - 52.0%”
Non-GAAP gross margin for FY2025
“59.5% - 60.0%”
Total GAAP operating expenses for FY2025
“~$719”
Total non-GAAP operating expenses for FY2025
“~$485”
GAAP diluted net income per share for FY2025
“$2.03 +/- $0.05”
Non-GAAP diluted net income per share for FY2025
“$0.74 +/- $0.05”
Exhibit 99.1 · the passage around this item
… earlier in the release
• Basic weighted-average shares outstanding are expected to be 863 million. • Diluted weighted-average shares outstanding are expected to be 870 million. • GAAP diluted net income per share is expected to be $2.03 +/- $0.05 per share. • Non-GAAP diluted net income per share is expected to be $0.74 +/- $0.05 per share. GAAP diluted EPS is calculated using basic weighted-average shares outstanding when there is a GAAP net loss, and calculated using diluted weighted-average shares outstanding when there is a GAAP net income. Non-GAAP diluted EPS is calculated using diluted weighted-average shares outstanding. Conference Call Marvell will conduct a conference call on Thursday, August 28, 2025 at 1:45 p.m. Pacific Time to discuss results for the second quarter of fiscal year 2026. The call will be webcast and can be accessed at the Marvell Investor Relations website at http://investor.marvell.com/. Interested parties may also join the live conference call via telephone by using the ‘Call me TM ’ link provided in the press release on August 4, 2025, and on the Quarterly Earnings section of the Marvell Investor Relations website, to receive an instant automated call back. To join the call via telephone with operator assistance, please dial 1-877-407-8291 or 1-201-689-8345. A replay of the call can be accessed by dialing 1-877-660-6853 or 1-201-612-7415, passcode 13755272 until Thursday, September 4, 2025. Discussion of Non-GAAP Financial Measures Non-GAAP financial measures exclude the effect of stoc
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.