Gross Profit Comparison: Salesforce, Inc. and Marvell Technology, Inc. Trends

Salesforce vs. Marvell: A Decade of Financial Growth

__timestampMarvell Technology, Inc.Salesforce, Inc.
Wednesday, January 1, 201417501700003102575000
Thursday, January 1, 201518632570004084316000
Friday, January 1, 201612310920005012668000
Sunday, January 1, 201712881470006203000000
Monday, January 1, 201814619400007767000000
Tuesday, January 1, 201914583920009831000000
Wednesday, January 1, 2020135694100012863000000
Friday, January 1, 2021148835000015814000000
Saturday, January 1, 2022206422500019466000000
Sunday, January 1, 2023298750000022992000000
Monday, January 1, 2024229360000026316000000
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Unlocking the unknown

A Decade of Growth: Salesforce vs. Marvell Technology

In the ever-evolving tech industry, the financial performance of companies like Salesforce, Inc. and Marvell Technology, Inc. offers a fascinating glimpse into their growth trajectories. Over the past decade, Salesforce has consistently outperformed Marvell in terms of gross profit, showcasing a remarkable upward trend. From 2014 to 2023, Salesforce's gross profit surged by over 640%, reaching a peak in 2023. This growth reflects Salesforce's strategic expansion and dominance in the cloud computing sector.

Conversely, Marvell Technology, while experiencing a more modest growth of approximately 70% over the same period, has shown resilience and adaptability in the semiconductor industry. Notably, Marvell's gross profit saw a significant jump in 2023, indicating potential future growth.

These trends highlight the dynamic nature of the tech industry, where innovation and strategic positioning are key to financial success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025