Marvell Technology's Revenue by Segment
In fiscal year 2024, Marvell Technology's revenue by segment (products & services) are as follows:
- Product: $1.91 B
- Security Subscription: $2.32 B
- Technical Support and Other: $1.73 B
Learn more about Marvell Technology’s Revenue by Geography
Check out competitors to Marvell Technology in a side-by-side comparison.
Explore additional financial metrics for Marvell Technology.
Marvell Technology's Revenue Share by Segment
| Product | 1780500000 |
|---|---|
| Security Subscription | 1427000000 |
| Technical Support and Other | 1209900000 |
| Product | 1927300000 |
|---|---|
| Security Subscription | 1898100000 |
| Technical Support and Other | 1479400000 |
| Product | 1908700000 |
|---|---|
| Security Subscription | 2316700000 |
| Technical Support and Other | 1730400000 |
The above chart shows Marvell Technology's revenue percentage share by segment (products and services).
In fiscal year 2022, Marvell Technology's revenue by segment is as follows:
- Product generated $1.78 B in revenue, representing 40.31% of its total revenue.
- Security Subscription generated $1.43 B in revenue, representing 32.3% of its total revenue.
- Technical Support and Other generated $1.21 B in revenue, representing 27.39% of its total revenue.
The biggest segment for Marvell Technology is the Product, which represents 40.31% of its total revenue.
The smallest segment for Marvell Technology is the Technical Support and Other, which represents 27.39% of its total revenue.
The above chart shows Marvell Technology's revenue percentage share by segment (products and services).
In fiscal year 2023, Marvell Technology's revenue by segment is as follows:
- Product generated $1.93 B in revenue, representing 36.33% of its total revenue.
- Security Subscription generated $1.90 B in revenue, representing 35.78% of its total revenue.
- Technical Support and Other generated $1.48 B in revenue, representing 27.89% of its total revenue.
The biggest segment for Marvell Technology is the Product, which represents 36.33% of its total revenue.
The smallest segment for Marvell Technology is the Technical Support and Other, which represents 27.89% of its total revenue.
The above chart shows Marvell Technology's revenue percentage share by segment (products and services).
In fiscal year 2024, Marvell Technology's revenue by segment is as follows:
- Product generated $1.91 B in revenue, representing 32.05% of its total revenue.
- Security Subscription generated $2.32 B in revenue, representing 38.9% of its total revenue.
- Technical Support and Other generated $1.73 B in revenue, representing 29.05% of its total revenue.
The biggest segment for Marvell Technology is the Security Subscription, which represents 38.9% of its total revenue.
The smallest segment for Marvell Technology is the Technical Support and Other, which represents 29.05% of its total revenue.
Summary Table
| Products & Services (Percent Share) | 2022 | 2023 | 2024 |
|---|---|---|---|
| Product | 40.31% | 36.33% | 32.05% |
| Security Subscription | 32.3% | 35.78% | 38.9% |
| Technical Support and Other | 27.39% | 27.89% | 29.05% |
| Total Revenue | 100% | 100% | 100% |
Marvell Technology's Segments Revenue Trend
The above chart shows the revenue trend of different segments of Marvell Technology.
In fiscal year 2024, the Security Subscription generated the most revenue ($2.32 B), and the Technical Support and Other generated the least revenue ($1.73 B).
Marvell Technology's Revenue Growth Drivers
The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.
Summary Table
| Products & Services | 2022 | 2023 | 2024 |
|---|---|---|---|
| Product | $1.78 B - |
$1.93 B
8.24%
|
$1.91 B
0.97%
|
| Security Subscription | $1.43 B - |
$1.90 B
33.01%
|
$2.32 B
22.05%
|
| Technical Support and Other | $1.21 B - |
$1.48 B
22.27%
|
$1.73 B
16.97%
|
| Total Revenue | $4.42 B - |
$5.30 B
20.09%
|
$5.96 B
12.27%
|
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