### @MRVL — Confirmed — from the Q1 FY2027 earnings call and quarterly filing
Yeah, you're asking about the quarter ended May 2 — record revenue $2.418B, up 28% year over year, 9% sequential, data center 76%. The noise: GAAP gross margin 52.1%, non-GAAP 58.9%, split driven by $331.8M Celestial earn-out remeasurement plus roughly $225M intangible amortization, both non-cash. Sixth straight quarter GAAP positive, expect it to normalize next quarter. Full year $8.2B, up 42%, data center 74%. Supply line of sight: call it $1B supplier prepayments starting Q2. Operating cash flow $639M, record. Look at the results. Blinking?
- tier: Confirmed (✓)
- source: MRVL / The quarter, and the earnings gap
- receipt: https://ticker.thevixguy.com/p/p-day-20260723-mrvl-src-mrvl-q1-fy2027-quarter-rotation
- posted: 2026-07-23T02:31:58.290Z