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 (CRDO) has 6 years of Gross Margin data on file, last reported 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 held at 68.21% in Q2 2026 per CRDO's latest filing, from 68.52% in the prior quarter.
- The five-year high for Gross Margin was 68.52% in Q1 2026, with the low at 54.43% in Q4 2022.
- Average Gross Margin over 5 years is 62.67%, with a median of 62.81% recorded in 2024.
- The widest YoY moves for Gross Margin: up 1123 bps in 2022, down 594 bps in 2022.
- Credo Technology Group Holding's Gross Margin stood at 54.43% in 2022, then grew by 9 bps to 59.31% in 2023, then rose by 7 bps to 63.18% in 2024, then rose by 7 bps to 67.55% in 2025, then advanced by 1 bps to 68.21% in 2026.
- Business Quant data shows CRDO's Gross Margin at 68.21% in Q2 2026, 68.52% in Q1 2026, and 67.55% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,798.43 Bn | 4,754.95 Bn | 61.16 Bn | 74.93% |
| 2 | Micron Technology | 1,164.41 Bn | 1,138.39 Bn | 35.06 Bn | 84.56% |
| 3 | Advanced Micro Devices | 882.18 Bn | 869.83 Bn | 5.42 Bn | 52.82% |
| 4 | Intel | 645.64 Bn | 626.45 Bn | 5.35 Bn | 39.38% |
| 5 | Aeluma | 370.26 Bn | 370.22 Bn | 386,000.00 | 31.59% |
| 6 | Arm Holdings | 358.73 Bn | 355.13 Bn | 1.46 Bn | 97.85% |
| 7 | Texas Instruments | 271.25 Bn | 266.15 Bn | 2.80 Bn | 58.01% |
| 8 | Marvell Technology | 239.95 Bn | 236.10 Bn | 1.26 Bn | 52.15% |
| 9 | Qualcomm | 193.93 Bn | 184.13 Bn | 4.16 Bn | 45.92% |
| 10 | Credo Technology Group Holding | 46.26 Bn | 44.81 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% |