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

ServiceNow vs Marvell: A Decade of Gross Profit Growth

__timestampMarvell Technology, Inc.ServiceNow, Inc.
Wednesday, January 1, 20141750170000433787000
Thursday, January 1, 20151863257000676067000
Friday, January 1, 20161231092000991831000
Sunday, January 1, 201712881470001433254000
Monday, January 1, 201814619400001986158000
Tuesday, January 1, 201914583920002663792000
Wednesday, January 1, 202013569410003532371000
Friday, January 1, 202114883500004543000000
Saturday, January 1, 202220642250005672000000
Sunday, January 1, 202329875000007050000000
Monday, January 1, 202422936000008697000000
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Igniting the spark of knowledge

A Decade of Growth: ServiceNow, Inc. vs Marvell Technology, Inc.

In the ever-evolving tech landscape, ServiceNow, Inc. and Marvell Technology, Inc. have showcased remarkable growth trajectories over the past decade. From 2014 to 2024, ServiceNow's gross profit surged by an impressive 1,900%, reflecting its robust expansion and market penetration. In contrast, Marvell Technology experienced a more modest growth of approximately 31%, yet it remains a formidable player in the semiconductor industry.

Key Insights

  • ServiceNow's Ascendancy: Starting with a gross profit of just 43 million in 2014, ServiceNow's strategic innovations have propelled it to a staggering 870 million by 2024.
  • Marvell's Steady Climb: Despite a slower growth rate, Marvell's gross profit peaked at 299 million in 2023, underscoring its resilience and adaptability.

These insights highlight the dynamic nature of the tech industry, where strategic foresight and innovation drive success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025