Founded in 1995, Marvell Technology Group Ltd. has operations worldwide and more than 7,000 employees. Marvell’s U.S. operating subsidiary is based in Santa Clara, California and Marvell has international design centers located in China, Europe, Hong Kong, India, Israel, Japan, Malaysia, Singapore, Taiwan and the U.S. A leading fabless semiconductor company, Marvell ships over one billion chips a year. Marvell’s expertise in microprocessor architecture and digital signal processing, drives multiple platforms including high volume storage solutions, mobile and wireless, networking, consumer and green products. World class engineering and mixed-signal design expertise helps Marvell deliver critical building blocks to its customers, giving them the competitive edge to succeed in today’s dynamic market.

Employee Rating

3.7More
TypePublic
HQSanta Clara, US
Founded1995
Size (employees)2,864 (est)
Websitemarvell.com
Marvell Technology was founded in 1995 and is headquartered in Santa Clara, US
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Key People/Management at Marvell Technology

Matt Murphy

Matt Murphy

President and Chief Executive Officer
Dan Christman

Dan Christman

Executive Vice President, Storage Group
Mitch Gaynor

Mitch Gaynor

Executive Vice President, Chief Administration and Legal Officer
Jean Hu

Jean Hu

CFO
Raghib Hussain

Raghib Hussain

Executive Vice President and Chief Strategy Officer
Gary Ignatin

Gary Ignatin

Executive Vice President, Corporate Development
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Marvell Technology Office Locations

Marvell Technology has offices in Santa Clara and Hamilton
Santa Clara, (HQ)
5488 Marvell Ln
Hamilton,
22 Victoria St
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Marvell Technology Financials and Metrics

Marvell Technology Revenue

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Marvell Technology's revenue was reported to be $2.41 b in FY, 2018
USD

Revenue (Q3, 2019)

851.1m

Gross profit (Q3, 2019)

383.6m

Gross profit margin (Q3, 2019), %

45.1%

Net income (Q3, 2019)

(53.8m)

EBIT (Q3, 2019)

(20.5m)

Market capitalization (4-Dec-2018)

10.2b

Closing stock price (4-Dec-2018)

15.5

Cash (3-Nov-2018)

610.3m

EV

11.4b
Marvell Technology's current market capitalization is $10.2 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

3.4b3.7b2.7b2.3b2.4b

Revenue growth, %

9%(26%)(15%)

Cost of goods sold

1.7b1.8b1.5b1.0b947.2m

Gross profit

1.7b1.9b1.2b1.3b1.5b
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q2, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

931.2m957.8m961.5m930.1m710.5m724.3m674.9m540.8m626.4m654.4m579.2m604.8m616.3m604.6m665.3m851.1m

Cost of goods sold

465.0m493.9m477.7m455.0m461.7m351.2m379.3m259.2m287.6m286.1m230.5m239.6m238.5m228.9m288.2m467.5m

Gross profit

466.2m464.0m483.8m475.2m248.8m373.1m295.6m281.6m338.8m368.4m348.6m365.2m377.8m375.7m377.1m383.6m

Gross profit Margin, %

50%48%50%51%35%52%44%52%54%56%60%60%61%62%57%45%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

965.8m1.2b1.3b814.1m888.5m

Accounts Receivable

Inventories

347.9m308.2m210.0m172.0m170.0m

Current Assets

2.8b3.3b2.9b2.3b2.4b
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q2, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

796.3m1.1b1.3b1.2b927.5m1.0b897.1m780.2m718.8m751.6m726.0m630.5m800.1m1.2b498.7m610.3m

Accounts Receivable

466.7m517.1m498.5m445.1m417.7m393.8m380.9m280.7m348.7m362.2m357.1m371.7m366.1m329.7m443.3m453.8m

Inventories

380.4m350.6m394.0m356.4m327.1m339.9m279.4m196.7m202.7m198.8m178.1m175.4m173.7m169.6m473.4m376.2m

Current Assets

2.7b3.1b3.3b3.3b3.2b3.3b3.0b2.1b2.2b2.3b2.3b2.2b2.4b2.4b1.5b1.5b
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

315.3m435.3m(811.4m)21.2m520.8m

Depreciation and Amortization

102.8m106.2m100.2m107.9m83.5m

Inventories

(97.2m)39.5m90.6m29.3m(12.2m)

Accounts Payable

39.8m(43.9m)(105.9m)(28.2m)(16.6m)
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q2, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

218.2m99.5m238.3m353.7m(757.8m)14.1m(815.6m)(22.7m)28.6m101.2m106.6m271.9m472.1m128.6m135.4m81.6m

Depreciation and Amortization

76.6m27.0m53.3m79.8m51.8m26.6m77.4m21.8m54.0m81.2m20.7m41.2m62.6m20.3m47.1m86.4m

Inventories

(129.4m)(3.1m)(46.3m)(8.8m)(18.4m)(31.3m)21.0m13.6m7.2m10.9m(11.5m)(14.7m)(16.0m)2.7m6.9m1.9m

Accounts Payable

128.3m85.1m87.7m16.9m12.0m17.1m(43.7m)19.9m40.4m10.5m31.4m4.0m20.1m14.7m(271.0k)22.3m
USDY, 2018

EV/EBIT

-555.9 x

EV/CFO

23.3 x

Financial Leverage

1.4 x
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Marvell Technology Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
CaviumNovember 19, 2017$6 b
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Marvell Technology Online and Social Media Presence

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Marvell Technology News and Updates

Option-trading opportunities on Citigroup, Cisco Systems, Marvell Technology, Oracle Corporation, and Wells Fargo & Co.

NEW YORK, Dec. 7, 2018 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for C, CSCO, MRVL, ORCL, and WFC. Click a link below to see an in-depth options trade idea report. Options Report – Ideal trade ideas on up to seven different options trading strategies. The report...

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Marvell Technology Group Ltd. Reports Third Quarter of Fiscal Year 2019 Financial Results

SANTA CLARA, Calif., Dec. 4, 2018 /PRNewswire/ -- Marvell Technology Group Ltd. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions, today reported financial results for the third fiscal quarter of fiscal year 2019. Revenue for the third quarter of fiscal 2019 was $851...

Marvell Technology Group Ltd. Announces Conference Call to Review Third Quarter of Fiscal 2019 Financial Results

SANTA CLARA, Calif., Nov. 6, 2018 /PRNewswire/ -- Marvell Technology Group Ltd. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its third quarter of fiscal year 2019 financial results on...

Option-trading opportunities on Bank of America, General Electric, Las Vegas Sands, Marvell Technology, and Walmart Stores Inc.

NEW YORK, Oct. 15, 2018 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BAC, GE, LVS, MRVL, and WMT. Options Report – Ideal trade ideas on up to seven different options trading strategies. The report shows all vital aspects of each option trade idea for each stock. ...

Thinking about buying stock in Arrowhead Research, Facebook, Marvell Technology, Nike or Pretium Resources?

CHICAGO, Sept. 7, 2018 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ARWR, FB, MRVL, NKE, and PVG. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....
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Marvell Technology Blogs

Enhanced Wireless Microcontroller Enables Affordable Design

Today, we are at the peak of technology product availability with the releases of the new iPhone models, Alexa enabled devices and more. In the coming days, there will be numerous international consumer OEMs preparing new offerings as we approach the holiday selling season. Along with the smartphone…

Marvell Highlights Leadership in Infrastructure Semiconductor Solutions at Investor Day and Nasdaq

Marvell shared its mission and focus on driving the core technology to enable the global network infrastructure at its recent investor day. This was followed up with an appearance at Nasdaq, where Matt Murphy, president and CEO of the company, rang the bell to open the stock exchange.   At both of t…

Marvell Demonstrates Edge Computing Powered by AWS Greengrass at Arm TechCon 2018

Thanks to the respective merits of its ARMADA® and OCTEON TX® multi-core processor offerings, Marvell® is in a prime position to address a broad spectrum of demanding applications situated at the edge of the network. These applications can serve a multitude of markets that include small business, in…

Versatile New Ethernet Switch Simultaneously Addresses Multiple Industry Sectors

Due to ongoing technological progression and underlying market dynamics, Gigabit Ethernet (GbE) technology with 10 Gigabit uplink speeds is starting to proliferate into the networking infrastructure across a multitude of different applications where elevated levels of connectivity are needed: SMB sw…

Why is 802.11ax a “must have” for the connected car?

Imagine motoring along through busy, urban traffic in your new connected car that is learning, getting smarter, safer and more reliable as it is driving. Such a car is constantly gathering and generating all kinds of data that is intermittently and opportunistically being uploaded to the cloud. As m…

Marvell Technology Company Life and Culture

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Marvell Technology Frequently Asked Questions

  • When was Marvell Technology founded?

    Marvell Technology was founded in 1995.

  • Who are Marvell Technology key executives?

    Marvell Technology's key executives are Matt Murphy, Dan Christman and Mitch Gaynor.

  • How many employees does Marvell Technology have?

    Marvell Technology has 2,864 employees.

  • What is Marvell Technology revenue?

    Latest Marvell Technology annual revenue is $2.4 b.

  • What is Marvell Technology revenue per employee?

    Latest Marvell Technology revenue per employee is $841.2 k.

  • Who are Marvell Technology competitors?

    Competitors of Marvell Technology include Mellanox Technologies, Cypress Semiconductor and EverSpin Technologies.

  • Where is Marvell Technology headquarters?

    Marvell Technology headquarters is located at 5488 Marvell Ln, Santa Clara.

  • Where are Marvell Technology offices?

    Marvell Technology has offices in Santa Clara and Hamilton.

  • How many offices does Marvell Technology have?

    Marvell Technology has 2 offices.