Credo Technology Group Holding (CRDO) Gross Margin (2021 - 2026)
Credo Technology Group Holding's (CRDO) quarterly Gross Margin came in at 64.53% in Q3 2026, down 288.0% year-over-year from 34.32% in Q3 2025, and down 5.4% quarter-over-quarter from 68.21% in Q2 2026.
Analysis
Credo Technology Group Holding (CRDO) Gross Margin (2021 - 2026) Analysis & Trends
Credo Technology Group Holding has disclosed Gross Margin across 6 years of filings, most recently posting 64.53% for Q3 2026.
- In Q3 2026, Gross Margin fell 288.0% year-over-year to 64.53%; the TTM figure through Aug 2026 stood at 67.07% (up 108.0% YoY), while the FY2026 annual figure was 68.04%, up 326.0% from the prior year.
- Gross Margin came in at 64.53% for Q3 2026 at Credo Technology Group Holding, down from 68.21% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 68.52% in Q1 2026 to a low of 54.43% in Q4 2022.
- Average Gross Margin over 5 years is 62.77%, with a median of 63.18% recorded in 2024.
- The largest YoY upside for Gross Margin was 1123 bps in 2022 against a maximum downside of 594 bps in 2022.
- Over 5 years, Gross Margin stood at 54.43% in 2022, then gained by 9 bps to 59.31% in 2023, then climbed by 7 bps to 63.18% in 2024, then climbed by 7 bps to 67.55% in 2025, then decreased by 4 bps to 64.53% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 64.53% in Q3 2026, 68.21% in Q2 2026, and 68.52% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,551.68 Bn | 5,486.45 Bn | 72.14 Bn | 74.98% |
| 2 | Broadcom | 1,702.84 Bn | 1,683.21 Bn | 15.42 Bn | 69.48% |
| 3 | Advanced Micro Devices | 779.39 Bn | 766.28 Bn | 6.20 Bn | 53.77% |
| 4 | Arm Holdings | 267.47 Bn | 263.58 Bn | 1.25 Bn | 97.21% |
| 5 | Marvell Technology | 196.03 Bn | 192.10 Bn | 1.46 Bn | 53.14% |
| 6 | Qualcomm | 178.36 Bn | 170.05 Bn | 5.28 Bn | 53.05% |
| 7 | Monolithic Power Systems | 60.14 Bn | 58.73 Bn | 541.07 Mn | 55.18% |
| 8 | Astera Labs | 53.85 Bn | 52.60 Bn | 287.57 Mn | 73.28% |
| 9 | Credo Technology Group Holding | 32.03 Bn | 31.26 Bn | 309.08 Mn | 64.53% |
| 10 | Sitime | 16.23 Bn | 14.31 Bn | 99.14 Mn | 62.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 64.53% |
| May 2, 2026 | 68.21% |
| Jan 31, 2026 | 68.52% |
| Nov 1, 2025 | 67.55% |
| Aug 2, 2025 | 67.41% |
| May 3, 2025 | 67.16% |
| Feb 1, 2025 | 63.65% |
| Nov 2, 2024 | 63.18% |
| Aug 3, 2024 | 62.44% |
| Apr 27, 2024 | 65.75% |
| Jan 27, 2024 | 61.36% |
| Oct 28, 2023 | 59.31% |
| Jul 29, 2023 | 59.24% |
| Apr 29, 2023 | 57.92% |
| Jan 28, 2023 | 58.94% |
| Oct 29, 2022 | 54.43% |
| Jul 30, 2022 | 59.53% |
| Apr 30, 2022 | 63.34% |
| Jan 31, 2022 | 60.10% |
| Oct 31, 2021 | 60.37% |