Gross Profit Trends Compared: Marvell Technology, Inc. vs Manhattan Associates, Inc.

Tech Giants' Profit Battle: Marvell vs. Manhattan

__timestampManhattan Associates, Inc.Marvell Technology, Inc.
Wednesday, January 1, 20142795260001750170000
Thursday, January 1, 20153209430001863257000
Friday, January 1, 20163546780001231092000
Sunday, January 1, 20173488660001288147000
Monday, January 1, 20183182760001461940000
Tuesday, January 1, 20193329820001458392000
Wednesday, January 1, 20203164850001356941000
Friday, January 1, 20213658160001488350000
Saturday, January 1, 20224088470002064225000
Sunday, January 1, 20234981110002987500000
Monday, January 1, 20245713720002293600000
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Infusing magic into the data realm

A Tale of Two Tech Giants: Marvell vs. Manhattan

In the ever-evolving landscape of technology, Marvell Technology, Inc. and Manhattan Associates, Inc. have carved distinct paths. Over the past decade, Marvell has consistently outperformed Manhattan in terms of gross profit, with a staggering 70% higher average. From 2014 to 2023, Marvell's gross profit surged by 71%, peaking in 2023, while Manhattan saw a more modest 78% increase, reaching its zenith the same year.

The year 2023 marked a significant milestone for both companies, with Marvell achieving a gross profit of nearly $3 billion, a 45% increase from the previous year, and Manhattan reaching close to $500 million, a 22% rise. However, data for 2024 is incomplete, leaving room for speculation on future trends. As these companies continue to innovate, their financial trajectories offer a fascinating glimpse into the competitive dynamics of the tech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025