Credo Technology Group Holding Ltd (CRDO) stock
CRDONasdaqSemiconductors & Related DevicesFiscal year ends April 29
Financials through Q1 FY2027, quarter ended Aug 1, 2026Last filing: 10-Q on Sep 2, 2026Score 13/3063% above fair value
$131.51−8.30 (-5.94%)
Close on Nov 13, 2026Market cap $24.72BP/E 46.8Yield –
Credo Technology gross margin
Gross margin is gross profit as a percentage of revenue.
Credo Technology's gross margin for the twelve months ending Aug 1, 2026 was 67.1%. For fiscal 2026 it was 68.0%, against 64.8% the year before. The highest annual figure on record is 85.6% in fiscal 2020.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2026 | May 2, 2026 | 68.0% | +3.3 |
| FY2025 | May 3, 2025 | 64.8% | +2.9 |
| FY2024 | Apr 27, 2024 | 61.9% | +4.2 |
| FY2023 | Apr 29, 2023 | 57.7% | −2.5 |
| FY2022 | Apr 30, 2022 | 60.1% | −5.1 |
| FY2021 | Apr 30, 2021 | 65.2% | −20.4 |
| FY2020 | Apr 30, 2020 | 85.6% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q1 FY2027CQ2 2026 | Aug 1, 2026 | 64.5% | −2.9 |
| Q4 FY2026CQ1 2026 | May 2, 2026 | 68.2% | +1.0 |
| Q3 FY2026CQ4 2025 | Jan 31, 2026 | 68.5% | +4.9 |
| Q2 FY2026CQ3 2025 | Nov 1, 2025 | 67.5% | +4.4 |
| Q1 FY2026CQ2 2025 | Aug 2, 2025 | 67.4% | +5.0 |
| Q4 FY2025CQ1 2025 | May 3, 2025 | 67.2% | +1.4 |
| Q3 FY2025CQ4 2024 | Feb 1, 2025 | 63.6% | +2.3 |
| Q2 FY2025CQ3 2024 | Nov 2, 2024 | 63.2% | +3.9 |
| Q1 FY2025CQ2 2024 | Aug 3, 2024 | 62.4% | +3.2 |
| Q4 FY2024CQ1 2024 | Apr 27, 2024 | 65.8% | +7.8 |
| Q3 FY2024CQ4 2023 | Jan 27, 2024 | 61.4% | +2.4 |
| Q2 FY2024CQ3 2023 | Oct 28, 2023 | 59.3% | +4.9 |
| Q1 FY2024CQ2 2023 | Jul 29, 2023 | 59.2% | −0.3 |
| Q4 FY2023CQ1 2023 | Apr 29, 2023 | 57.9% | −5.4 |
| Q3 FY2023CQ4 2022 | Jan 28, 2023 | 58.9% | −1.2 |
| Q2 FY2023CQ3 2022 | Oct 29, 2022 | 54.4% | −5.9 |
| Q1 FY2023CQ2 2022 | Jul 30, 2022 | 59.5% | +11.2 |
| Q4 FY2022CQ1 2022 | Apr 30, 2022 | 63.3% | −4.3 |
| Q3 FY2022CQ4 2021 | Jan 31, 2022 | 60.1% | +0.1 |
| Q2 FY2022CQ3 2021 | Oct 31, 2021 | 60.4% | – |
| Q1 FY2022CQ2 2021 | Jul 31, 2021 | 48.3% | – |
| Q4 FY2021CQ1 2021 | Apr 30, 2021 | 67.7% | – |
| Q3 FY2021CQ4 2020 | Jan 31, 2021 | 60.0% | – |
See a number that looks wrong?