Credo Technology Group Holding Ltd logo
CRDOCredo Technology Group Holding Ltd

Is the gross margin high or low?

The gross margin of 68.21% is 10% above its 5-year average of 61.84%, near the high end of its 5-year range (48.30%–68.52%).

As of Monday, June 29, 2026. 0.42% above its 12-month average of 67.92%.

Gross Margin

CRDO Gross Margin

68.21%

Reported quarterly gross margin; no daily interpolation.

+41.21% 5Y
CRDO Gross Margin

CRDO Average Gross Margin Chart

CRDO Gross Margin

CRDO Current vs Average Gross Margin Chart

CRDO Gross Margin Metrics

GROSS MARGIN

68.21%

GROSS MARGIN AVG TTM

67.92%

GROSS MARGIN AVG 3Y

64.48%

GROSS MARGIN AVG 5Y

62.55%

GROSS MARGIN AVG 10Y

N/A

GROSS MARGIN AVG 15Y

N/A

GROSS MARGIN AVG 20Y

N/A

CURRENT VS TTM AVG

+0.42%

CURRENT VS 3Y AVG

+5.78%

CURRENT VS 5Y AVG

+9.05%

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

CRDO Competitors' Gross Margin

NAMEMARKET CAPGROSS MARGINTTM3Y5Y
Credo Technology Group Holding Ltd (CRDO)$44.38B68.21%67.92%64.48%62.55%
Garmin Ltd. (GRMN)vs ›$44.84B59.14%58.72%58.17%58.32%
GLOBALFOUNDRIES Inc. (GFS)vs ›$43.78B26.40%24.82%26.42%17.73%
Block, Inc. (XYZ)vs ›$46.25B44.85%39.84%37.02%33.65%
Autodesk, Inc. (ADSK)vs ›$41.44B91.14%90.78%90.67%90.71%
Microchip Technology Incorporated (MCHP)vs ›$47.67B57.73%56.90%61.69%62.35%
Celestica Inc. (CLS)vs ›$38.81B11.61%11.21%10.21%9.51%
Jabil Inc. (JBL)vs ›$37.79B9.23%9.07%8.57%8.23%
Block, Inc. (SQ)vs ›$51.73B44.85%39.84%37.02%33.65%
ON Semiconductor Corporation (ON)vs ›$35.53B37.22%38.85%43.43%41.11%

Gross Margin Analysis

Gross Margin

68.2%

(Revenue - COGS) / Revenue

Gross Margin Formula & Definition

Gross Margin = Gross Profit / Revenue

Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Gross Margin FAQ

What is the gross margin for Credo Technology Group Holding Ltd (CRDO)?
The gross margin for CRDO stock is 68.21%.
Is Credo Technology Group Holding Ltd's gross margin high or low?
The gross margin of 68.21% is 10% above its 5-year average of 61.84%, near the high end of its 5-year range (48.30%–68.52%).
What is the TTM average gross margin for Credo Technology Group Holding Ltd (CRDO)?
The TTM average gross margin for CRDO stock is 67.92%.
What is the 3Y average gross margin for Credo Technology Group Holding Ltd (CRDO)?
The 3Y average gross margin for CRDO stock is 64.48%.
What is the 5Y average gross margin for Credo Technology Group Holding Ltd (CRDO)?
The 5Y average gross margin for CRDO stock is 62.55%.

CRDO Gross Margin History

DATEGROSS MARGIN
2026-05-0268.21%
2026-01-3168.52%
2025-11-0167.55%
2025-08-0267.41%
2025-04-3067.16%
2025-02-0163.65%
2024-11-0263.18%
2024-08-0362.44%
2024-04-3065.75%
2024-01-2761.36%
2023-10-2859.31%
2023-07-2959.24%
2023-04-3057.92%
2023-01-2858.94%
2022-10-2954.43%
2022-07-3059.53%
2022-04-3063.34%
2022-01-3160.10%
2021-10-3160.37%
2021-07-3148.30%
2021-04-3067.67%
2021-01-3159.97%
2020-10-3163.25%
2020-07-3169.79%

About Credo Technology Group Holding Ltd

Credo Technology Group Holding Ltd (CRDO) specializes in delivering advanced high-speed connectivity solutions for both optical and electrical Ethernet applications. Its operational reach extends globally, encompassing the United States, Mexico, Mainland China, Hong Kong, and various other international regions. The company's product offerings include integrated circuits (ICs), active electrical cables (AECs), and SerDes chiplets, all developed utilizing its proprietary serializer/deserializer (SerDes) and digital signal processor (DSP) technologies. Beyond hardware, Credo also provides intellectual property (IP) solutions, particularly focusing on SerDes IP licensing. Established in 2008, the firm's corporate headquarters are situated in San Jose, California.

San Jose, CA
500 employees
Technology / Communication Equipment
Sector
Technology
Industry
Communication Equipment
CEO
William J. Brennan