Who Generates More Revenue? ServiceNow, Inc. or Marvell Technology, Inc.

ServiceNow's revenue growth outpaces Marvell's by 1,500% over a decade.

__timestampMarvell Technology, Inc.ServiceNow, Inc.
Wednesday, January 1, 20143404400000682563000
Thursday, January 1, 201537069630001005480000
Friday, January 1, 201627258280001390513000
Sunday, January 1, 201723176740001933026000
Monday, January 1, 201824091700002608816000
Tuesday, January 1, 201928657910003460437000
Wednesday, January 1, 202026991610004519484000
Friday, January 1, 202129689000005896000000
Saturday, January 1, 202244623830007245000000
Sunday, January 1, 202359196000008971000000
Monday, January 1, 2024550770000010984000000
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In pursuit of knowledge

Revenue Race: ServiceNow vs. Marvell Technology

In the dynamic world of technology, revenue growth is a key indicator of a company's success. Over the past decade, ServiceNow, Inc. and Marvell Technology, Inc. have been at the forefront of this race. From 2014 to 2024, ServiceNow has consistently outpaced Marvell in revenue growth, showcasing a remarkable increase of over 1,500%, compared to Marvell's 62% growth.

A Decade of Growth

Starting in 2014, ServiceNow's revenue was just 20% of Marvell's. However, by 2023, ServiceNow's revenue had surged to nearly 1.5 times that of Marvell's. This trend highlights ServiceNow's strategic expansion and market penetration. In 2024, ServiceNow is projected to generate $10.98 billion, while Marvell is expected to reach $5.51 billion.

The Future Outlook

As we look to the future, ServiceNow's innovative solutions and Marvell's technological advancements will continue to shape their revenue trajectories. Stay tuned for more insights on these tech giants!

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025