Marvell Technology, Inc. or HP Inc.: Who Leads in Yearly Revenue?

Marvell's revenue growth challenges HP's dominance.

__timestampHP Inc.Marvell Technology, Inc.
Wednesday, January 1, 20141114540000003404400000
Thursday, January 1, 2015514630000003706963000
Friday, January 1, 2016482380000002725828000
Sunday, January 1, 2017520560000002317674000
Monday, January 1, 2018584720000002409170000
Tuesday, January 1, 2019587560000002865791000
Wednesday, January 1, 2020566390000002699161000
Friday, January 1, 2021634870000002968900000
Saturday, January 1, 2022629830000004462383000
Sunday, January 1, 2023537180000005919600000
Monday, January 1, 2024535590000005507700000
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Unlocking the unknown

Marvell Technology vs. HP Inc.: A Revenue Showdown

In the ever-evolving tech industry, revenue growth is a key indicator of a company's market position and potential. Over the past decade, HP Inc. has consistently outpaced Marvell Technology in terms of annual revenue. In 2014, HP Inc.'s revenue was approximately 32 times that of Marvell Technology. However, the gap has been narrowing, with Marvell's revenue growing by over 73% from 2014 to 2023, while HP Inc. saw a decline of about 52% in the same period.

A Decade of Change

By 2023, Marvell Technology's revenue reached nearly $5.92 billion, marking a significant increase from its 2014 figures. Meanwhile, HP Inc. experienced fluctuations, peaking in 2014 and 2021, but showing a downward trend in recent years. This shift highlights Marvell's growing influence in the tech sector, as it continues to innovate and expand its market reach.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025