OverviewSuggest Edit

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. In addition, the company develops software-enabled silicon solutions.

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

Latest Updates

Employees (est.) (Feb 2019)5,275(+41%)
Job Openings331
Revenue (FY, 2019)$2.9 B(+19%)
Share Price (Jun 2019)$24.5 (+2%)

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, Marlborough, Irvine, Chandler and in 25 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
600 Nickerson Rd, Marlborough
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Marvell Technology Financials and Metrics

Marvell Technology Revenue

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Marvell Technology's revenue was reported to be $2.87 b in FY, 2019 which is a 19% increase from the previous period.
USD

Revenue (Q1, 2020)

662.5m

Gross profit (Q1, 2020)

361.4m

Gross profit margin (Q1, 2020), %

54.6%

Net income (Q1, 2020)

(48.4m)

EBIT (Q1, 2020)

(21.1m)

Market capitalization (10-Jun-2019)

16.2b

Closing stock price (10-Jun-2019)

24.5

Cash (4-May-2019)

571.9m

EV

17.3b
Marvell Technology's current market capitalization is $16.2 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

2.3b2.4b2.9b

Revenue growth, %

(15%)4%19%

Cost of goods sold

1.0b947.2m1.4b

Gross profit

1.3b1.5b1.5b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

540.8m626.4m654.4m579.2m604.8m616.3m604.6m665.3m851.1m662.5m

Cost of goods sold

259.2m287.6m286.1m230.5m239.6m238.5m228.9m288.2m467.5m301.0m

Gross profit

281.6m338.8m368.4m348.6m365.2m377.8m375.7m377.1m383.6m361.4m

Gross profit Margin, %

52%54%56%60%60%61%62%57%45%55%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

814.1m888.5m582.4m

Accounts Receivable

335.4m280.4m493.1m

Prepaid Expenses

58.8m41.5m43.7m

Inventories

172.0m170.0m276.0m
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

21.2m520.8m(179.1m)

Depreciation and Amortization

107.9m83.5m124.0m

Inventories

29.3m(12.2m)4.3m

Accounts Payable

(28.2m)(16.6m)(6.5m)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

(22.7m)28.6m101.2m106.6m271.9m472.1m128.6m135.4m81.6m(48.4m)

Depreciation and Amortization

21.8m54.0m81.2m20.7m41.2m62.6m20.3m47.1m86.4m44.3m

Inventories

13.6m7.2m10.9m(11.5m)(14.7m)(16.0m)2.7m6.9m1.9m15.8m

Accounts Payable

19.9m40.4m10.5m31.4m4.0m20.1m14.7m(271.0k)22.3m(1.9m)
USDY, 2019

EV/EBIT

-854.6 x

EV/CFO

108.9 x

Debt/Equity

0.2 x

Debt/Assets

0.2 x

Financial Leverage

1.4 x
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Marvell Technology Operating Metrics

FY, 2017FY, 2018FY, 2019

Patents (US)

8.70 k9.50 k10 k

Patents Pending

2 k2.30 k1.60 k
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Marvell Technology Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
CaviumNovember 19, 2017$6 b
Cavium India Holdings, LLC
Cavium International
Cavium Israel, Ltd.
Cavium Networks Asia
Cavium Networks (India) Private Limited
Cavium Networks International
Cavium Networks International, Inc.
Cavium Networks Korea LLC
Cavium Networks LLC
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Marvell Technology Revenue Breakdown

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Marvell Technology revenue breakdown by business segment: 45.8% from Networking, 48.0% from Storage and 6.1% from Other

Marvell Technology revenue breakdown by geographic segment: 22.7% from Others, 5.8% from Thailand, 8.2% from Philippines, 8.8% from United States, 13.0% from Malaysia and 41.5% from China

Marvell Technology Online and Social Media Presence

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Marvell Technology News and Updates

Marvell Technology to pay $5.5 million to settle SEC charges of revenue management scheme

Marvell Technology Group Ltd. will pay $5.5 million to settle charges that it misled investors by engaging in an undisclosed revenue management scheme, the Securities and Exchange Commission said. The chip maker's company's stock slid 1.3% in afternoon trading, while the PHLX Semiconductor Index l…

Marvell Technology Group Ltd. Reports Second Quarter of Fiscal Year 2020 Financial Results

SANTA CLARA, Calif., Aug. 29, 2019 /PRNewswire/ -- Marvell Technology Group Ltd. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions, today reported financial results for the second quarter of fiscal year 2020. Revenue for the second quarter of fiscal 2020 was $657 million,...

InvestorsObserver releases stock and option data on Apple, JPMorgan Chase, Marvell Technology, Tesla, and Verizon

NEW YORK, May 20, 2019 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AAPL, JPM, MRVL, TSLA, and VZ. 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...

Shareholder Alert: Ademi & O'Reilly, LLP Investigates whether Aquantia, Corp. has obtained a Fair Price in its Sale to Marvell Technology Group Ltd.

MILWAUKEE, May 6, 2019 /PRNewswire/ -- Ademi & O'Reilly, LLP is investigating the Board of Aquantia, Corp. (NYSE: AQ) for possible breaches of fiduciary duty and other violations of the law in connection with the sale of AQ to Marvell. Click here to learn how to join the action:...

Marvell Technology Group Ltd. Announces Conference Call to Review First Quarter of Fiscal 2020 Financial Results

SANTA CLARA, Calif., May 6, 2019 /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 first quarter of fiscal year 2020 financial results on...

InvestorsObserver releases stock and option data on Salesforce, Altria Group, Marvell Technology, NVIDIA, and Western Digital

NEW YORK, May 1, 2019 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CRM, MO, MRVL, NVDA, and WDC. 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...
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Marvell Technology Blogs

Marvell’s Advanced Wireless Technology Among First to be Wi-Fi CERTIFIED 6™

Wi-Fi Alliance® the industry alliance responsible for driving certification efforts worldwide to ensure interoperability and standards for Wi-Fi® devices, today announced Wi-Fi CERTIFIED 6™, the industry certification program based on the IEEE 802.11ax standard.  Marvell’s 88W9064 (4×4) and 88W9068 …

Women Leaders Assemble in Silicon Valley to Talk About Gender Equality in Business

Monday, August 26, marked the anniversary of the Nineteenth Amendment being signed into law and granting American women the constitutional right to vote.  To commemorate the impending 100-year celebration, the Silicon Valley Leadership Group kicked off a series of organized events meant to honor wom…

Marvell Recognized for Arm-based Server CPU Leadership

Marvell has been selected by IT Brand Pulse’s 2019 IT pro voting as the leader in Arm®-based server CPUs. In a clean sweep across all categories, Marvell’s ThunderX® was voted as the leader in market, price, performance, reliability, service and support, and innovation. The results are based on an i…

Marvell Powers HPE Servers with Next-Generation Ethernet Technology

Data is the new currency for many businesses today.  The ability to access, analyze and act on data has become a competitive advantage for many companies.  While much attention is paid to the storage devices and compute required to optimize data processing, the I/O infrastructure is often overlooked…

Marvell’s ThunderX2 Server Ecosystem Expands with NVIDIA GPU and Software Support

ISC High Performance, which just wrapped up today in Frankfurt, Germany, is one of the most significant server events of the year and is often a catalyst for key major industry announcements.  This year’s event was no exception with NVIDIA announcing its support for servers based on the Arm architec…

Matt Murphy Talks Marvell Transformation, Four Deals and 5G with Jim Cramer of CNBC’s Mad Money

Marvell President and CEO Matt Murphy joined Jim Cramer, host of the widely acclaimed finance television program, Mad Money, for an engaging discussion on where Marvell has been and where the company is headed. Jim was interested in learning more about the four deals that Marvell announced over the …
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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 5,275 employees.

  • What is Marvell Technology revenue?

    Latest Marvell Technology annual revenue is $2.9 b.

  • What is Marvell Technology revenue per employee?

    Latest Marvell Technology revenue per employee is $543.3 k.

  • Who are Marvell Technology competitors?

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

  • 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, Marlborough, Irvine, Chandler and in 25 other locations.

  • How many offices does Marvell Technology have?

    Marvell Technology has 29 offices.