Key Insights on Gross Profit: Marvell Technology, Inc. vs Pure Storage, Inc.

Tech Giants' Gross Profit Growth: A Decade in Review

__timestampMarvell Technology, Inc.Pure Storage, Inc.
Wednesday, January 1, 2014175017000018604000
Thursday, January 1, 2015186325700096899000
Friday, January 1, 20161231092000272440000
Sunday, January 1, 20171288147000475698000
Monday, January 1, 20181461940000669238000
Tuesday, January 1, 20191458392000902296000
Wednesday, January 1, 202013569410001133554000
Friday, January 1, 202114883500001148924000
Saturday, January 1, 202220642250001472519000
Sunday, January 1, 202329875000001897646000
Monday, January 1, 202422936000002021191000
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Unlocking the unknown

A Decade of Gross Profit Growth: Marvell Technology vs. Pure Storage

In the ever-evolving tech industry, Marvell Technology, Inc. and Pure Storage, Inc. have showcased remarkable growth in gross profit over the past decade. From 2014 to 2024, Marvell Technology's gross profit surged by approximately 31%, peaking in 2023 with a notable increase of 45% from the previous year. This growth trajectory highlights Marvell's strategic advancements and market adaptability.

Conversely, Pure Storage, Inc. has demonstrated an impressive upward trend, with its gross profit skyrocketing by over 100 times since 2014. This exponential growth underscores Pure Storage's innovative approach and expanding market presence.

Both companies have navigated the competitive landscape with distinct strategies, reflecting their unique positions in the tech sector. As we look to the future, these trends offer valuable insights into the dynamic nature of technology-driven businesses.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025