Credo Technology Group Holding (CRDO) Gross Margin (2021 - 2026)
Credo Technology Group Holding recorded quarterly Gross Margin of 68.52% in Q1 2026, up 1.43% quarter-over-quarter from 67.55% in Q4 2025, and up 487.0% year-over-year from 11.67% in Q1 2025.
Credo Technology Group Holding's Gross Margin history runs 6 years deep, the most recent figure standing at 68.52% for Q1 2026.
- In Q1 2026, Gross Margin rose 487.0% year-over-year to 68.52%; the TTM figure through Jan 2026 stood at 67.83% (up 411.0% YoY), while the FY2025 annual figure was 64.77%, up 288.0% from the prior year.
- Gross Margin came in at 68.52% for Q1 2026 at Credo Technology Group Holding, up from 67.55% 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.
- A 5-year average of 62.34% and a median of 62.44% in 2024 frame the typical range for Gross Margin.
- On a YoY basis, Gross Margin climbed as much as 1123 bps in 2022 and fell as far as 594 bps in 2022.
- Credo Technology Group Holding's Gross Margin stood at 54.43% in 2022, then advanced by 9 bps to 59.31% in 2023, then grew by 7 bps to 63.18% in 2024, then grew by 7 bps to 67.55% in 2025, then rose by 1 bps to 68.52% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 68.52%, 67.55%, and 67.41% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,449.54 Bn | 5,406.06 Bn | 61.16 Bn | 74.93% |
| 2 | Broadcom | 2,169.43 Bn | 2,155.26 Bn | 13.16 Bn | 68.13% |
| 3 | Micron Technology | 1,165.12 Bn | 1,150.53 Bn | 17.76 Bn | 74.41% |
| 4 | Advanced Micro Devices | 831.96 Bn | 819.61 Bn | 5.42 Bn | 52.82% |
| 5 | Intel | 549.93 Bn | 530.74 Bn | 5.35 Bn | 39.38% |
| 6 | Texas Instruments | 266.58 Bn | 261.48 Bn | 2.80 Bn | 58.01% |
| 7 | Qualcomm | 243.81 Bn | 234.01 Bn | 4.16 Bn | 45.92% |
| 8 | Analog Devices | 196.60 Bn | 193.16 Bn | 2.44 Bn | 67.33% |
| 9 | Marvell Technology | 188.85 Bn | 188.78 Bn | 1.26 Bn | 52.15% |
| 10 | Credo Technology Group Holding | 40.01 Bn | 38.71 Bn | 278.87 Mn | 68.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jul 31, 2021 | 48.30% |
| Apr 30, 2021 | 67.67% |
| Jan 31, 2021 | 59.97% |