Credo Technology Group Holding (CRDO) Gross Margin (2021 - 2026)
Credo Technology Group Holding (CRDO) posted Gross Margin of 68.21% for Q2 2026, little changed sequentially from 68.52% in Q1 2026, and up 105.0% YoY from 33.27% in Q2 2025.
Credo Technology Group Holding (CRDO) Gross Margin (2021 - 2026) Analysis & Trends
Credo Technology Group Holding has reported Gross Margin for 6 years, with the latest figure at 68.21% in Q2 2026.
- Quarterly Gross Margin rose 105.0% year-over-year to 68.21% in Q2 2026, while the trailing twelve-month figure through May 2026 was 68.04% (up 326.0% YoY) and the FY2026 annual result came in at 68.04%, up 326.0% from the prior year.
- Gross Margin was little changed at 68.21% in Q2 2026 per CRDO's latest filing, from 68.52% in the prior quarter.
- Over five years, Gross Margin peaked at 68.52% in Q1 2026 and troughed at 54.43% in Q4 2022.
- A 5-year average of 62.67% and a median of 62.81% in 2024 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 1123 bps in 2022, down 594 bps in 2022.
- Over 5 years, Gross Margin stood at 54.43% in 2022, then climbed by 9 bps to 59.31% in 2023, then increased by 7 bps to 63.18% in 2024, then increased by 7 bps to 67.55% in 2025, then gained by 1 bps to 68.21% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 68.21%, 68.52%, and 67.55% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,000.69 Bn | 4,957.21 Bn | 61.16 Bn | 74.93% |
| 2 | Taiwan Semiconductor Manufacturing | 2,106.48 Bn | 2,009.53 Bn | 23.77 Bn | 66.25% |
| 3 | Broadcom | 1,866.23 Bn | 1,846.60 Bn | 15.42 Bn | 69.48% |
| 4 | Micron Technology | 1,057.61 Bn | 1,031.59 Bn | 35.06 Bn | 84.56% |
| 5 | Advanced Micro Devices | 822.43 Bn | 810.09 Bn | 5.42 Bn | 52.82% |
| 6 | Intel | 458.91 Bn | 444.79 Bn | 6.51 Bn | 40.36% |
| 7 | Aeluma | 301.08 Bn | 301.05 Bn | 386,000.00 | 31.59% |
| 8 | Arm Holdings | 255.32 Bn | 251.43 Bn | 1.25 Bn | 97.21% |
| 9 | Texas Instruments | 245.36 Bn | 238.36 Bn | 3.35 Bn | 61.36% |
| 10 | Credo Technology Group Holding | 40.49 Bn | 39.04 Bn | 298.07 Mn | 68.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jul 31, 2021 | 48.30% |