OverviewSuggest Edit

Marvell Technology is a provider of infrastructure semiconductor solutions. It offers networking products, including controllers, network adapters, physical transceivers, switches, single or multiple core processors, and custom ASICs (application-specific integrated circuits). The company also provides a range of storage products, spanning storage controllers for hard disk drives (HDD) and solid-state drives (SSD), host bus adapters (HBAs), and controllers for server and storage system connectivity, printer SoC (system-on-a-chip) products, and application processors. Marvell Technology serves the automotive, carrier, data center, and enterprise data infrastructure markets.

TypePublic
Founded1995
HQHamilton, BM
Websitemarvell.com
Employee Ratings4.2
Overall CultureC+

Latest Updates

Employees (est.) (Jan 2021)5,340(-5%)
Job Openings607
Revenue (FY, 2021)$3 B(+10%)
Share Price (Oct 2021)$63.4(-1%)
Cybersecurity ratingAMore
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Key People/Management at Marvell Technology

Matt Murphy

Matt Murphy

Director, President and Chief Executive Officer
Jean Hu

Jean Hu

Chief Financial Officer
Mitch Gaynor

Mitch Gaynor

Chief Administration and Legal Officer
Willem Meintjes

Willem Meintjes

Chief Accounting Officer
Sandeep Bharathi

Sandeep Bharathi

Executive Vice President, Central Engineering, System-On-Chip Group
Guy Azrad

Guy Azrad

Senior Vice President and General Manager, Switch Business Unit
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Marvell Technology Office Locations

Marvell Technology has offices in Hamilton, Austin, Boise, Burlington and in 42 other locations
Hamilton, BM (HQ)
22 Victoria St
Córdoba, AR
Humberto Primo 680 Piso 6, Oficina 66 Edificio Suquia, Complejo Capitalinas
Burnaby, CA
4333 Still Creek Dr Phase 7, Suite 110
Ottawa, CA
535 Legget Dr 800 1000, Kanata
Chengdu, CN
25th Floor, Bld 10, Zone C, Tianfu Software Park, No.219 of 2nd Tian Hua Road, Gao Xin District,
Nanjing, CN
3rd Floor, Bld 7, No.57 Andemen Road
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Marvell Technology Financials and Metrics

Marvell Technology Revenue

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Marvell Technology's revenue was reported to be $2.97 b in FY, 2021 which is a 10% increase from the previous period.
USD

Revenue (Q2, 2022)

1.1b

Gross profit (Q2, 2022)

371.8m

Gross profit margin (Q2, 2022), %

34.6%

Net income (Q2, 2022)

(276.4m)

EBIT (Q2, 2022)

(266.7m)

Market capitalization (11-Oct-2021)

52.0b

Closing stock price (11-Oct-2021)

63.4

Cash (30-Jan-2021)

748.5m

EV

52.4b
Marvell Technology's current market capitalization is $52 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

2.4b2.9b2.7b3.0b

Revenue growth, %

4%19%(6%)10%

Cost of goods sold

947.2m1.4b1.3b1.5b

Gross profit

1.5b1.5b1.4b1.5b
Quarterly
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Cash

888.5m582.4m647.6m748.5m

Accounts Receivable

280.4m493.1m492.3m536.7m

Prepaid Expenses

41.5m43.7m74.6m63.8m

Inventories

170.0m276.0m323.0m268.2m
Quarterly
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

520.8m(179.1m)1.6b(277.3m)

Depreciation and Amortization

83.5m124.0m156.7m197.9m

Inventories

(12.2m)4.3m12.8m29.9m

Accounts Payable

(16.6m)(6.5m)1.7m39.7m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

128.6m135.4m81.6m(48.4m)(105.8m)(188.3m)(113.0m)(270.9m)

Depreciation and Amortization

20.3m47.1m86.4m44.3m86.2m126.7m50.5m102.1m

Inventories

2.7m6.9m1.9m15.8m8.7m(30.6m)35.8m35.8m

Accounts Payable

14.7m(271.0k)22.3m(1.9m)22.5m30.8m(3.6m)29.6m
USDFY, 2018

Revenue/Employee

642.6k

Financial Leverage

1.1 x
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Marvell Technology Operating Metrics

FY, 2017FY, 2018FY, 2019FY, 2020

Patents Issued

8.7 k9.5 k10 k11.4 k

Patent Applications

2 k2.3 k1.6 k1.2 k
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Marvell Technology Acquisitions / Subsidiaries

Company NameDateDeal Size
InphiOctober 29, 2020$10 b
AveraNovember 05, 2019$593.5 m
AquantiaSeptember 19, 2019$502.19 m
CaviumJuly 06, 2018$6.16 b
XeleratedApril 01, 2012
Diseño de Sistemas en SilicioAugust 19, 2010
Iamba NetworksNovember 26, 2008$10 m
PicoMobile NetworksJanuary 01, 2008
Avago - Printer ASICsFebruary 21, 2006
Marvell Software Solutions IsraelJune 27, 2003
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Marvell Technology Revenue Breakdown

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Marvell Technology revenue breakdown by business segment: 56.7% from Networking, 38.8% from Storage and 4.5% from Other

Marvell Technology revenue breakdown by geographic segment: 10.8% from United States, 8.6% from Malaysia, 42.7% from China, 19.0% from Others, 8.5% from Thailand, 5.6% from Philippines and 4.8% from Other

Human Capital Metrics

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Marvell Technology Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

Marvell Technology Online and Social Media Presence

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Marvell Technology Company Culture

  • Overall Culture

    C+

    68/100

  • CEO Rating

    A+

    88/100

  • Compensation

    D

    53/100

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Marvell Technology News and Updates

What’s Next For Marvell Technology Stock After 8% Rally Last Week?

Marvell Technology Inc. stock has gained 8% in the past week and currently trades at around $65 per share. Additionally, Marvell, a semiconductor technology company, has seen its stock gain almost 8% over the last month, rising from around $60. The company’s recent Q2 2022 earnings...

Thinking about trading options or stock in Alibaba, Meredith Corp, Futu Holdings, Marvell Technology, or Roku?

NEW YORK, Oct. 7, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BABA, MDP, FUTU, MRVL, and ROKU. 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, Inc. Announces Conference Call To Review Second Quarter Of Fiscal Year 2022 Financial Results

Marvell Technology, Inc. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its second quarter of fiscal year 2022 financial results on Thursday, August 26, 2021, at 1:45 p.m. Pacific Time.

Marvell to Acquire Innovium - Accelerates Cloud Growth with Expanded Ethernet Switching Portfolio

Marvell Technology, Inc. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions, and Innovium, Inc., a leading provider of networking solutions for cloud and edge data centers, today announced a definitive agreement, under which Marvell will acquire Innovium in an all-stock transaction.

Marvell Technology to acquire Innovium in all-stock deal valued at $1.1 billion

Marvell Technology Inc. said Tuesday it has reached an agreement to acquire Innovium Inc., a provider of software for cloud and edge data centers, in an all-stock deal valued at $1.1 billion. The deal is expected to close by year-end and to add $150 million in incremental revenue in fiscal 2023. It…

Marvell Honored with 2021 Bosch Global Supplier Award

Marvell (NASDAQ: MRVL) is pleased to announce that it has received a prestigious Bosch Global Supplier Award in the category of Direct Purchasing – Mobility Solutions. Marvell received the award in recognition of its outstanding performance and quality in the manufacture and supply of leading edge d…
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Marvell Technology Blogs

Low Power DSP-Based Transceivers for Data Center Optical Fiber Communications

As the volume of global data continues to grow exponentially, data center operators often confront a frustrating challenge: how to process a rising tsunami of terabytes within the limits of their facility’s electrical power supply – a constraint imposed by the physical capacity of the cables that br…

Network Visibility of 5G Radio Access Networks, Part 1

The Radio Access Network (RAN) is dramatically changing with the introduction of 5G networks and this, in turn, is driving home the importance of network visibility. Visibility tools are essential for mobile network operators to guarantee the smooth operation of the network and for providing mission…

Trends Driving Innovations in Next-Generation Retail Networking

The retail segment of the global economy has been one of the hardest hit by the Covid-19 pandemic. Lockdowns shuttered stores for extended periods, while social distancing measures significantly impacted foot traffic in these spaces. Now, as consumer demand has shifted rapidly from physical to virtu…

Marvell and Los Alamos National Laboratory Demonstrate High-Bandwidth Capability for HPC Storage Workloads in the Data Center with Ethernet-Bunch-Of-Flash (EBOF) Platform

As data growth continues at a tremendously rapid pace, data centers have a strong demand for scalable, flexible, and high bandwidth utilization of storage solutions. Data centers need an efficient infrastructure to meet the growing requirements of next-generation high performance computing (HPC), ma…

Unleashing 5G Network Performance with Next Generation Ethernet

Blink your eyes. That’s how fast data will travel from your future 5G-enabled device, over the network to a server and back. Like Formula 1 racing cars needing special tracks for optimal performance, 5G requires agile networking transport infrastructure to unleash its full potential. The 5G radio ac…

Why the 100G Optical Module Transformation is Full Steam Ahead

When the London Underground opened its first line in 1863, a group of doubtful dignitaries boarded a lurching, smoke-belching train for history’s inaugural subway ride. The next day, thirty thousand curious Londoners flooded the nascent system, and within a year, more than nine million had embraced …
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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, Jean Hu and Mitch Gaynor.

  • How many employees does Marvell Technology have?

    Marvell Technology has 5,340 employees.

  • What is Marvell Technology revenue?

    Latest Marvell Technology annual revenue is $3 b.

  • What is Marvell Technology revenue per employee?

    Latest Marvell Technology revenue per employee is $556 k.

  • Who are Marvell Technology competitors?

    Competitors of Marvell Technology include Socionext Europe, Xilinx and Microchip.

  • Where is Marvell Technology headquarters?

    Marvell Technology headquarters is located at 22 Victoria St, Hamilton.

  • Where are Marvell Technology offices?

    Marvell Technology has offices in Hamilton, Austin, Boise, Burlington and in 42 other locations.

  • How many offices does Marvell Technology have?

    Marvell Technology has 51 offices.