• Marvell Technology average gross margin for 2024 was 42.32%, a 4.04% decline from 2023.
• Marvell Technology average gross margin for 2023 was 44.1%, a 12.78% decline from 2022.
• Marvell Technology average gross margin for 2022 was 50.56%, a 7.28% decline from 2021.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.