Marvell Technology, Inc. or Hewlett Packard Enterprise Company: Who Leads in Yearly Revenue?

Tech Titans: HPE vs. Marvell in Revenue Growth

__timestampHewlett Packard Enterprise CompanyMarvell Technology, Inc.
Wednesday, January 1, 2014551230000003404400000
Thursday, January 1, 2015521070000003706963000
Friday, January 1, 2016501230000002725828000
Sunday, January 1, 2017288710000002317674000
Monday, January 1, 2018308520000002409170000
Tuesday, January 1, 2019291350000002865791000
Wednesday, January 1, 2020269820000002699161000
Friday, January 1, 2021277840000002968900000
Saturday, January 1, 2022284960000004462383000
Sunday, January 1, 2023291350000005919600000
Monday, January 1, 2024301270000005507700000
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Infusing magic into the data realm

A Revenue Race: Marvell vs. Hewlett Packard Enterprise

In the ever-evolving tech industry, revenue growth is a key indicator of a company's success. Over the past decade, Hewlett Packard Enterprise (HPE) and Marvell Technology have been vying for dominance. HPE, a stalwart in the industry, has consistently outpaced Marvell, boasting revenues that are nearly ten times higher on average. However, Marvell has shown impressive growth, with its revenue increasing by over 70% from 2014 to 2023.

A Decade of Change

From 2014 to 2023, HPE's revenue saw a decline of about 47%, dropping from its peak in 2014. In contrast, Marvell's revenue trajectory has been upward, with a notable surge in 2023, reaching its highest point. This trend highlights Marvell's strategic advancements in the semiconductor sector, positioning it as a formidable competitor in the tech landscape.

As we look to the future, the question remains: Can Marvell continue its upward momentum and close the gap with HPE?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025