Who Generates More Revenue? Marvell Technology, Inc. or Western Digital Corporation

Tech Giants' Revenue Battle: Marvell vs. Western Digital

__timestampMarvell Technology, Inc.Western Digital Corporation
Wednesday, January 1, 2014340440000015130000000
Thursday, January 1, 2015370696300014572000000
Friday, January 1, 2016272582800012994000000
Sunday, January 1, 2017231767400019093000000
Monday, January 1, 2018240917000020647000000
Tuesday, January 1, 2019286579100016569000000
Wednesday, January 1, 2020269916100016736000000
Friday, January 1, 2021296890000016922000000
Saturday, January 1, 2022446238300018793000000
Sunday, January 1, 2023591960000012318000000
Monday, January 1, 2024550770000013003000000
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In pursuit of knowledge

Revenue Showdown: Marvell Technology vs. Western Digital

In the ever-evolving tech landscape, revenue generation is a key indicator of a company's market position. Over the past decade, Western Digital Corporation has consistently outpaced Marvell Technology, Inc. in annual revenue. From 2014 to 2023, Western Digital's revenue averaged around $16 billion annually, peaking at $20 billion in 2018. In contrast, Marvell Technology's revenue averaged approximately $3.5 billion, with a notable increase to $5.9 billion in 2023.

A Decade of Growth and Challenges

While Marvell Technology has shown a promising growth trajectory, with a 74% increase in revenue from 2014 to 2023, Western Digital's revenue has experienced fluctuations, reflecting the dynamic nature of the storage solutions market. The data highlights the resilience and adaptability of these tech giants in a competitive industry. As we look to the future, the question remains: will Marvell continue its upward trend, or will Western Digital maintain its lead?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025