Marvell Technology, Inc.
Explore Marvell Technology
Core profile pages, annual revenue records, and related research hubs for this company.
CorpDigest
Marvell Technology, Inc.
Explore Marvell Technology
Core profile pages, annual revenue records, and related research hubs for this company.
Annual Revenue
FY2024 Revenue
$5.6B
▼ 14.5% vs FY2023 ($6.5B)
Source: Annual report / company filing
Marvell Technology, Inc. reported $5.6B in revenue for fiscal year 2024. This represents a decline of 14.5% compared to the 2023 figure of $6.5B. In 2025, revenue increased to $8.2B.
Fiscal 2024 revenue fell 14.5% to $5.56 billion as inventory corrections in enterprise networking, carrier infrastructure, and legacy storage masked the accelerating data center segment.
| Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $8.2B | $618M | +47.4% |
| FY2024 | $5.6B | — | -14.5% |
| FY2023 | $6.5B | — | +17.8% |
| FY2022 | $5.5B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.