Marvell Technology(MRVL) - 2025 Q4 - Earnings Call Presentation

Financial Performance (GAAP) - Net revenue for Q4 2025 reached $18174 million [11], a significant increase compared to Q1 2024's $13217 million [11] - Net income for Q4 2025 was $2002 million [11], a substantial turnaround from a net loss of $6763 million in Q3 2024 [11] - Total assets as of February 1, 2025, stood at $202045 million [9] - GAAP Operating income (loss) for Q4 2025 was $2352 million [17], compared to $(7028) million in Q3 2024 [17] Financial Performance (Non-GAAP) - Non-GAAP net income for Q4 2025 was $5314 million [19], up from $2642 million in Q1 2024 [19] - Non-GAAP operating income for Q4 2025 was $6126 million [17], compared to $3339 million in Q1 2024 [17] - A non-GAAP tax rate of 70% was applied to the non-GAAP financial results for the fourth quarter of fiscal 2025 [3] Revenue by End Market - Data center revenue for Q4 2025 was $13658 million [21], representing 75% of total net revenue [21] - Enterprise networking contributed $1714 million [21], or 9% of total net revenue in Q4 2025 [21] - Consumer revenue was $887 million [21], accounting for 5% of total net revenue in Q4 2025 [21]