MRVL Latest Report

Performance of this earnings report

On February 1, 2025, Marvell Technology (MRVL) had an operating revenue of $1.817 billion. Although prior data was not provided, the year-on-year change in operating revenue may reflect the improvement or deterioration of the company's market performance through overall industry trends and historical data analysis. If revenue increases, it may be due to increased product demand or expanded market share; if it decreases, it may be due to intensified market competition or poor product sales.

Key data in the earnings report

1. In 2024, Marvell Technology's operating revenue was $3.95 billion, a year-on-year decrease of 3.22%, and its net profit was -$1.085 billion, with a basic earnings per share of -$1.25.

2. The third-quarter sales in 2025 were $1.52 billion, up 7% year-on-year and 19% quarter-on-quarter. It is expected that the fourth-quarter revenue in 2025 will reach $1.8 billion, exceeding the market's expectation of $1.65 billion.

3. The overall recovery of the semiconductor industry, the global semiconductor market is expected to reach $718.9 billion in 2025, up 13.2% year-on-year.

4. Although Marvell Technology's new products in the AI field were not detailed, its data center business revenue grew 78% year-on-year to $1.37 billion, showing the improvement of its technological strength.

5. Competitors like Nvidia showed strong performance growth in 2025, driving the recovery of the semiconductor industry.

Peer comparison

1. Industry-wide analysis: In 2025, the semiconductor industry showed signs of recovery, with global demand for high-performance computing and data centers continuing to grow, which may drive Marvell Technology's operating revenue up.

2. Peer evaluation analysis: If Marvell Technology's operating revenue is higher than the industry average, it indicates that its market competitiveness is strong; otherwise, it needs to be concerned about whether its market strategy and product positioning are adapted to market changes.

Summary

Based on this analysis, Marvell Technology's operating revenue performed well in 2025, reflecting the overall recovery of the industry and the company's technological advantages in high-performance computing. However, the year-on-year decrease in revenue still faces challenges, and it needs to be continuously concerned about market demand and the performance of competitors.

Opportunities

1. The recovery of the semiconductor industry and the continuous growth of market demand may provide more sales opportunities for the company.

2. Marvell Technology's technological advantages in AI and data centers may attract more customers and drive revenue growth.

3. If the company can timely launch new products, it may further enhance its market competitiveness and expand its market share.

Risks

1. Intensified market competition may affect the company's market share and profit margin.

2. The company's net loss in 2024 needs to be cautious about the impact on its future cash flow and operations.

3. The uncertainty of market acceptance and demand changes for new products may affect revenue stability.