Research and Development Expenses Breakdown: Intuit Inc. vs Marvell Technology, Inc.

A Decade of Innovation: Intuit Inc. vs Marvell Technology, Inc.

In the ever-evolving tech landscape, research and development (R&D) are the lifeblood of innovation. Over the past decade, Intuit Inc. and Marvell Technology, Inc. have demonstrated their commitment to pushing the boundaries of technology. From 2014 to 2024, Intuit's R&D expenses surged by an impressive 263%, reflecting its dedication to enhancing financial software solutions. Meanwhile, Marvell Technology, Inc. increased its R&D spending by 64%, underscoring its focus on semiconductor advancements.

In 2023, Intuit's R&D expenses reached a peak, accounting for nearly 58% more than Marvell's. This trend highlights Intuit's aggressive investment strategy in developing cutting-edge technologies. As we look to the future, these companies' R&D investments will likely continue to shape the tech industry's trajectory, driving innovation and growth. Explore the chart to see how these two giants have evolved over the years.