Comparing Innovation Spending: Marvell Technology, Inc. and Gen Digital Inc.

Tech Giants' R&D Spending: Marvell vs. Gen Digital

__timestampGen Digital Inc.Marvell Technology, Inc.
Wednesday, January 1, 201410380000001156885000
Thursday, January 1, 201511440000001164059000
Friday, January 1, 20167480000001101446000
Sunday, January 1, 2017823000000880050000
Monday, January 1, 2018957000000714444000
Tuesday, January 1, 2019913000000914009000
Wednesday, January 1, 20203280000001080391000
Friday, January 1, 20212670000001072740000
Saturday, January 1, 20222530000001424306000
Sunday, January 1, 20233130000001784300000
Monday, January 1, 20243320000001896200000
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Innovation Spending: A Tale of Two Tech Giants

In the ever-evolving world of technology, innovation is the lifeblood that keeps companies at the forefront. Marvell Technology, Inc. and Gen Digital Inc. have been key players in this arena, with their research and development (R&D) spending reflecting their commitment to innovation. Over the past decade, Marvell has consistently outpaced Gen Digital in R&D investment, with a notable 58% increase from 2014 to 2024. In 2023, Marvell's R&D expenses surged to nearly $1.8 billion, a stark contrast to Gen Digital's $313 million. This trend highlights Marvell's aggressive push towards technological advancement. Meanwhile, Gen Digital's R&D spending has seen a decline, dropping by 70% since 2014. As the tech landscape continues to shift, these spending patterns offer a glimpse into each company's strategic priorities and their potential impact on future innovations.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025