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

Tech Titans' Gross Profit Growth: Marvell vs Splunk

__timestampMarvell Technology, Inc.Splunk Inc.
Wednesday, January 1, 20141750170000266798000
Thursday, January 1, 20151863257000382497000
Friday, January 1, 20161231092000554313000
Sunday, January 1, 20171288147000758902000
Monday, January 1, 201814619400001014379000
Tuesday, January 1, 201914583920001458334000
Wednesday, January 1, 202013569410001929138000
Friday, January 1, 202114883500001682040000
Saturday, January 1, 202220642250001939695000
Sunday, January 1, 202329875000002837713000
Monday, January 1, 202422936000003350088000
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Cracking the code

A Decade of Gross Profit Growth: Marvell Technology, Inc. vs Splunk Inc.

In the ever-evolving tech industry, Marvell Technology, Inc. and Splunk Inc. have showcased remarkable growth in gross profit over the past decade. From 2014 to 2023, Marvell's gross profit surged by approximately 71%, peaking at nearly $3 billion in 2023. Meanwhile, Splunk Inc. demonstrated an even more impressive trajectory, with a staggering increase of over 960%, reaching around $2.8 billion in the same year.

Key Insights

  • Marvell Technology, Inc.: Despite a dip in 2016, Marvell's gross profit consistently climbed, reflecting its strategic market positioning and innovation.
  • Splunk Inc.: Starting from a modest base in 2014, Splunk's growth trajectory highlights its expanding footprint in data analytics and cloud services.

This data underscores the dynamic nature of the tech sector, where strategic pivots and market demands drive financial performance.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025