Credo Technology Group Holding CRDO
NASDAQ CRDO
$170.57 +6.40 (+3.90%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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%