Credo Technology Group Holding (CRDO) Gross Margin (2021 - 2026)
Credo Technology Group Holding's Gross Margin was 64.53% in fiscal Q1 2027 (quarter ended Aug 1, 2026), down 2.88 percentage points from 67.41% a year earlier and down 3.68 percentage points from the prior quarter.
Credo Technology Group Holding (CRDO) Gross Margin (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Credo Technology Group Holding's Gross Margin was 67.07% through Aug 1, 2026, up 1.08 percentage points year-over-year; for FY2026 (ended May 2, 2026), it came in at 68.04%, up 3.26 percentage points from FY2025.
- Gross Margin has now increased for three consecutive fiscal years, with a five-year change of +2.82 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Gross Margin was 64.77% in FY2025 (+2.88 pp), 61.89% in FY2024 (+4.24 pp), 57.65% in FY2023 (-2.47 pp) and 60.12% in FY2022 (-5.09 pp).
- The fiscal Q1 2027 figure marks the lowest quarterly Gross Margin since fiscal Q3 2025.
- Compared with a year earlier, Gross Margin was higher in seven of the last eight quarters, with an average year-over-year change of +2.49 percentage points.
- The best year-over-year quarter for Gross Margin over five years was fiscal Q1 2023 (a gain of 11.23 percentage points); the worst was fiscal Q2 2023 (a drop of 5.94 percentage points).
- Per Business Quant data, CRDO's Gross Margin in the three fiscal quarters before Q1 2027 was 68.21% (Q4 2026), 68.52% (Q3 2026) and 67.55% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 74.98% |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 67.72% |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 69.13% |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 84.56% |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 53.77% |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | 52.15% |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | 40.36% |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 51.75% |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 50.31% |
| 10 | Credo Technology Group Holding | 41.05 Bn | 36.73 Bn | 309.08 Mn | 64.53% |
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% |
Credo Technology Group Holding Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CRDO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CRDO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CRDO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();