HighGravityDataMarvell Technology — Mar 5, 2026 release
Fiscal 2026 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001835632-26-000006
Showing in the filing
GAAP diluted net income per share
“$0.31 +/- $0.05 per share”
Period
Q1 FY2027
Measure
GAAP-tied
Source
Prose
All guidance in this release · 16
Net revenue for Q1 FY2027
“$2.400 billion +/- 5%”
GAAP gross margin for Q1 FY2027
“51.4% to 52.4%”
Non-GAAP gross margin for Q1 FY2027
“58.25% to 59.25%”
GAAP operating expenses for Q1 FY2027
“approximately $872 million”
Non-GAAP operating expenses for Q1 FY2027
“approximately $575 million”
Basic weighted-average shares outstanding for Q1 FY2027
“876 million”
Diluted weighted-average shares outstanding for Q1 FY2027
“883 million”
GAAP diluted net income per share for Q1 FY2027
“$0.31 +/- $0.05 per share”
Non-GAAP diluted net income per share for Q1 FY2027
“$0.79 +/- $0.05 per share”
Non-GAAP net revenue for FY2026
“$2,400 +/- 5%”
GAAP gross margin for FY2026
“51.4% - 52.4%”
Non-GAAP gross margin for FY2026
“58.25% - 59.25%”
Total GAAP operating expenses for FY2026
“~$872”
Total non-GAAP operating expenses for FY2026
“~$575”
GAAP diluted net income per share for FY2026
“$0.31 +/- $0.05”
Non-GAAP diluted net income per share for FY2026
“$0.79 +/- $0.05”
Exhibit 99.1 · the passage around this item
… earlier in the release
• Non-GAAP operating expenses are expected to be approximately $575 million. • Basic weighted-average shares outstanding are expected to be 876 million. • Diluted weighted-average shares outstanding are expected to be 883 million. • GAAP diluted net income per share is expected to be $0.31 +/- $0.05 per share. • Non-GAAP diluted net income per share is expected to be $0.79 +/- $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, March 5, 2026 at 1:45 p.m. Pacific Time to discuss results for the fourth fiscal quarter and 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 February 9, 2026, 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 13758656 until Thursday, March 12, 2026. Discus
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.