Marvell Technology, Inc., together with its subsidiaries, designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers a portfolio of Ethernet solutions, including controllers, network adapters, physical transceivers, and switches; single or multiple core processors; ASIC; and printer System-on-a-Chip products and application processors. The company also provides a range of storage products comprising storage controllers for hard disk drives (HDD) and solid-state drives that support various host system interfaces consisting of serial attached SCSI (SAS), serial advanced technology attachment (SATA), peripheral component interconnect express, non-volatile memory express (NVMe), and NVMe over fabrics; and fiber channel products, including host bus adapters, and controllers for server and storage system connectivity. It has operations in the United States, China, Malaysia, the Philippines, Thailand, Singapore, India, Israel, Japan, South Korea, Taiwan, and Vietnam. Marvell Technology, Inc. was incorporated in 1995 and is headquartered in Wilmington, Delaware.
Revenue of Marvell Technology, Inc. (MRVL)
Revenue in 2024 (TTM): $5.51 B
According to Marvell Technology, Inc.'s latest financial reports the company's current revenue (TTM) is $5.51 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Marvell Technology, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2024 | $5.51 B | $2.29 B | $850.7 M | $-758,700,000 | $-933,400,000 |
| 2023 | $5.92 B | $2.99 B | $1.65 B | $85.1 M | $-163,500,000 |
| 2022 | $4.46 B | $2.06 B | $901.16 M | $-483,495,000 | $-421,034,000 |
| 2021 | $2.97 B | $1.49 B | $388.62 M | $-322,168,000 | $-277,298,000 |
| 2020 | $2.7 B | $1.36 B | $1.41 B | $798.38 M | $1.58 B |
| 2019 | $2.87 B | $1.46 B | $363.02 M | $-4,647,000 | $-179,094,000 |
| 2018 | $2.41 B | $1.46 B | $538.95 M | $451.2 M | $520.83 M |
| 2017 | $2.32 B | $1.29 B | $266.29 M | $117.02 M | $21.15 M |
| 2016 | $2.73 B | $1.23 B | $-644,250,000 | $-799,054,000 | $-811,400,000 |
| 2015 | $3.71 B | $1.86 B | $533.4 M | $432.15 M | $435.35 M |
| 2014 | $3.4 B | $1.75 B | $436.95 M | $315.76 M | $324.82 M |
| 2013 | $3.17 B | $1.68 B | $438.39 M | $310.19 M | $306.59 M |
| 2012 | $3.39 B | $1.93 B | $741.96 M | $619.06 M | $615.09 M |
| 2011 | $3.61 B | $2.14 B | $1.07 B | $910.46 M | $904.13 M |
| 2010 | $2.81 B | $1.58 B | $540.86 M | $343.11 M | $353.46 M |
| 2009 | $2.95 B | $1.52 B | $454.97 M | $170.83 M | $147.24 M |
| 2008 | $2.89 B | $1.4 B | $163.81 M | $-108,244,000 | $-114,427,000 |
| 2007 | $2.24 B | $1.14 B | $211.96 M | $14.61 M | $-12,095,000 |
| 2006 | $1.67 B | $893.63 M | $514.68 M | $379.09 M | $331.36 M |
| 2005 | $1.22 B | $642.82 M | $289.18 M | $169.5 M | $141.66 M |
| 2004 | $819.76 M | $437.56 M | $176.14 M | $63.35 M | $45.51 M |
| 2003 | $505.29 M | $272.25 M | $66.55 M | $-63,650,000 | $-72,174,000 |
| 2002 | $288.8 M | $157.99 M | $27.87 M | $-411,855,000 | $-415,154,000 |
| 2001 | $143.89 M | $76.85 M | $18.54 M | $-232,781,000 | $-235,120,000 |
| 2000 | $81.38 M | $47.6 M | $20.92 M | $17.43 M | $13.07 M |
| 1999 | $21.25 M | $11.15 M | $-10,653,000 | $-476,000 | $-959,000 |
| 1998 | $625 K | $313 K | $-7,716,000 | $-7,398,000 | $-7,444,000 |