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Marvell Technology designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers a range of storage products, including hard disk drive (HDD) and solid-state drive controllers, as well as HDD components, such as HDD preamps components; and develops software-enabled silicon solutions comprising serial advanced technology attachment port multipliers, bridges, serial attached SCSI, and non-volatile memory express redundant array of independent disks controllers and converged storage processors for enterprises, data centers, and cloud computing businesses.

TypePublic
Founded1995
HQSanta Clara, US
Websitemarvell.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Feb 2019)3,749
Job Openings468
Revenue (FY, 2018)$2.4 B(+4%)
Share Price (Mar 2019)$19.7 (-5%)

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, Minneapolis, Marlborough, Irvine and in 24 other locations
Santa Clara, US (HQ)
5488 Marvell Ln
Boise, US
12553 W Explorer Dr #100
Chandler, US
1750 E Northrop Blvd #100
Irvine, US
15485 Sand Canyon Ave
Longmont, US
1921 Corporate Center Circle Suite 3-A
Marlborough, US
293 Boston Post Road West, Suite 120
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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 (22-Mar-2019)

13.0b

Closing stock price (22-Mar-2019)

19.7

Cash (3-Nov-2018)

610.3m

EV

14.2b
Marvell Technology's current market capitalization is $13 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

-690 x

EV/CFO

28.9 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 Apple Inc., Fifth Third Bancorp, Marvell Technology Group, Micron Technology Inc., and NVIDIA Corp.

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Option-trading opportunities on Aurora Cannabis Inc., Adobe Inc., The Walt Disney Co., Marvell Technology, and Oracle Corp.

NEW YORK, March 15, 2019 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ACB, ADBE, DIS, MRVL, and ORCL. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...

Marvell Technology stock falls on lowered outlook

Marvell Technology Group Ltd. shares fell in the extended session Wednesday after the chip maker reduced its outlook for the quarter on weaker-than-expected storage controller sales. Marvell shares dropped 4.4% after hours, following a 2% gain to close the regular session at $19.04. The company sai…

Marvell Technology Group Ltd. Announces Preliminary Estimate of Fourth Quarter Fiscal 2019 Revenue Range and Date of Earnings Conference Call

SANTA CLARA, Calif., Feb. 6, 2019 /PRNewswire/ -- Marvell Technology Group Ltd. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions, today announced an estimated revenue range for its fourth quarter of fiscal 2019, which ended on February 2, 2019. Marvell now expects its...

Microserver Integrated Circuit (Microserver IC) Market Emerging Trends & Growing Popularity | Intel, Dell, Quanta Computer, Marvell Technology, Cavium

HTF MI released a new market study on Global Microserver Integrated Circuit Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. Posted via Industry Today. Follow us on T…

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 Blogs

Composable Infrastructure: An Exciting New Prospect for Ethernet Switching

The data center networking landscape is set to change dramatically.  More adaptive and operationally efficient composable infrastructure will soon start to see significant uptake, supplanting the traditional inflexible, siloed data center arrangements of the past and ultimately leading to universal …

NVMe/TCP – Simplicity is the Key to Innovation

Whether it is the aesthetics of the iPhone or a work of art like Monet’s ‘Water Lillies’, simplicity is often a very attractive trait. I hear this resonate in everyday examples from my own life – with my boss at work, whose mantra is “make it simple”, and my wife of 15 years telling my […] The post …

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…
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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 3,749 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 $642.6 k.

  • Who are Marvell Technology competitors?

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

  • 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, Minneapolis, Marlborough, Irvine and in 24 other locations.

  • How many offices does Marvell Technology have?

    Marvell Technology has 28 offices.