Marvell Technology, Inc. or Telefonaktiebolaget LM Ericsson (publ): Who Leads in Yearly Revenue?

Tech Titans: Marvell vs. Ericsson in Revenue Race

__timestampMarvell Technology, Inc.Telefonaktiebolaget LM Ericsson (publ)
Wednesday, January 1, 20143404400000227983000000
Thursday, January 1, 20153706963000246920000000
Friday, January 1, 20162725828000222608000000
Sunday, January 1, 20172317674000201303000000
Monday, January 1, 20182409170000210838000000
Tuesday, January 1, 20192865791000227216000000
Wednesday, January 1, 20202699161000232390000000
Friday, January 1, 20212968900000232314000000
Saturday, January 1, 20224462383000271546000000
Sunday, January 1, 20235919600000263351000000
Monday, January 1, 20245507700000
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Unleashing insights

Marvell vs. Ericsson: A Revenue Showdown

In the ever-evolving tech landscape, Marvell Technology, Inc. and Telefonaktiebolaget LM Ericsson (publ) have been pivotal players. Over the past decade, Ericsson has consistently outpaced Marvell in annual revenue, boasting figures that are nearly 60 times higher. From 2014 to 2023, Ericsson's revenue peaked in 2022, reaching approximately 2.7 trillion, while Marvell's highest was around 5.9 billion in 2023. Despite Marvell's impressive growth, with a 74% increase from 2014 to 2023, Ericsson's dominance remains unchallenged. However, Marvell's upward trajectory suggests a promising future, especially as it continues to innovate in semiconductor solutions. The data for 2024 is incomplete, leaving room for speculation on whether Marvell can close the gap. As the tech industry continues to expand, these giants will undoubtedly play crucial roles in shaping its future.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025