Marvell Technology, Inc. or ANSYS, Inc.: Who Leads in Yearly Revenue?

Marvell vs. ANSYS: A Decade of Revenue Growth

__timestamp	ANSYS, Inc.	Marvell Technology, Inc.
Wednesday, January 1, 2014	936021000	3404400000
Thursday, January 1, 2015	942753000	3706963000
Friday, January 1, 2016	988465000	2725828000
Sunday, January 1, 2017	1095250000	2317674000
Monday, January 1, 2018	1293636000	2409170000
Tuesday, January 1, 2019	1515892000	2865791000
Wednesday, January 1, 2020	1681297000	2699161000
Friday, January 1, 2021	1906715000	2968900000
Saturday, January 1, 2022	2065553000	4462383000
Sunday, January 1, 2023	2269949000	5919600000
Monday, January 1, 2024	2544809000	5507700000

In pursuit of knowledge

Marvell Technology vs. ANSYS: A Revenue Showdown

In the ever-evolving tech industry, revenue growth is a key indicator of a company's success. Over the past decade, Marvell Technology, Inc. has consistently outpaced ANSYS, Inc. in annual revenue. From 2014 to 2023, Marvell's revenue surged by approximately 74%, peaking at nearly $5.92 billion in 2023. In contrast, ANSYS experienced a steady growth of around 142%, reaching $2.27 billion in the same year. This impressive growth trajectory highlights Marvell's strategic advancements in semiconductor solutions, while ANSYS continues to lead in engineering simulation software. Notably, Marvell's revenue in 2024 is projected to slightly decline, indicating potential market shifts or strategic pivots. As the tech landscape continues to evolve, these companies' financial performances will be crucial in determining their market leadership.

Published by

U.S. Securities and Exchange Commission

Source link

sec.gov

Date published

28 Jan 2025