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Credo Technology Group Holding Ltd  (CRDO)
Other Ticker:  
 
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology


Credo Technology Group Holding Ltd's Gross Profit Margin by quarter

Trends, Rankings, Statistics



CRDO Gross Profit Margin (Jan 27 2024)
III. Quarter
(Oct 28 2023)
II. Quarter
(Jul 29 2023)
I. Quarter
(Apr 29 2023)
IV. Quarter
(Jan 28 2023)
III. Quarter
Y / Y Revenue Change -3.15 % -16.06 % -25.13 % -57.03 % 70.66 %
Seq. Revenue Change 21.9 % 23.94 % 8.42 % -40.87 % 5.65 %
Revenue In Millions $52.56 $43.12 $34.79 $32.09 $54.27
Gross Profit Margin 61.95 % 60.57 % 59.76 % 57.92 % 58.94 %
Gross Profit Margin Total Ranking # 1561 # 2072 # 2207 # 2299 # 2543
Gross Profit In Millions $32.56 $26.12 $20.79 $18.59 $31.99
Y / Y Gross Profit Change 1.79 % -6.59 % -24.85 % -58.61 % 67.37 %
Seq. Gross Profit Change 24.66 % 25.62 % 11.86 % -41.9 % 14.41 %


Commenting Third Quarter 2023 Gross Profit Margin
Credo Technology Group Holding Ltd Gross Profit grew by 24.66 % in III. Quarter sequentially to 33 millions, while Revenue increased by 21.9 %, this led to improvement in the company's Gross Profit Margin to 61.95 % a new company high.

Observing third quarter 2023 results within Semiconductors industry 12 other companies have achieved higher Gross Profit Margin. While Gross Profit Margin total ranking has impoved so far to 1561, from total ranking in previous quarter at 2072.
Learn about Gross Margin
CRDO's Gross Profit Margin third quarter 2023 Company Ranking
Within: No.
Semiconductors Industry # 13
Technology Sector # 226
Overall # 1560

Gross Profit Margin Statistics
High Average Low
61.95 % 59.26 % 54.43 %
(Jan 27 2024)   (Oct 29 2022)




Other Gross Profit Margin Profitability Ratios
CRDO's Cumulative Gross Profit Margin
Semiconductors Industry Gross Profit Margin Trends and Statistics
Technology Sector Gross Profit Margin Statistics
Gross Profit Margin Profitability Trends for overall market
CRDO's Gross Profit Margin Profitability versus Semiconductors Industry, Technology Sector and total Market
Highest Ranking Gross Profit Margin
Lowest Ranking Gross Profit Margin
Gross Profit Margin Profit Margin for CRDO's Competitors
Gross Profit Margin Profit Margin for Credo Technology Group Holding Ltd's Suppliers
Gross Profit Margin Profit Margin for CRDO's Customers

You may also want to know
CRDO's Annual Growth Rates CRDO's Profitability Ratios CRDO's Asset Turnover Ratio CRDO's Dividend Growth
CRDO's Roe CRDO's Valuation Ratios CRDO's Financial Strength Ratios CRDO's Gross Profit Growth
CRDO's Roa CRDO's Inventory Turnover Ratio CRDO's Growth Rates CRDO's Dividend Comparisons


Companies with similar Gross Profit Margin in the quarter ending Jan 27 2024, within Semiconductors Industry Gross Profit MarginJan 27 2024 MRQ Gross ProfitJan 27 2024 MRQ Revenue
Kopin Corporation  100.00 %$ 8.783 $ 8.783 
Poet Technologies Inc   100.00 %$ 0.466 $ 0.466 
Atomera Incorporated  94.91 %$ 0.522 $ 0.550 
Arteris Inc   85.49 %$ 11.056 $ 12.932 
Rambus Inc   80.13 %$ 98.109 $ 122.433 
Nve Corp  79.94 %$ 5.401 $ 6.756 
Nvidia Corp  75.97 %$ 16,791.000 $ 22,103.000 
Marvell Technology Inc  73.82 %$ 1,358.000 $ 1,839.600 
Lattice Semiconductor Corp  69.18 %$ 118.947 $ 171.947 
Quicklogic Corp  65.78 %$ 5.766 $ 8.766 
Microchip Technology Incorporated  63.46 %$ 1,120.000 $ 1,765.000 
Credo Technology Group Holding Ltd  61.95 %$ 32.558 $ 52.558 
Broadcom Inc   61.66 %$ 7,375.000 $ 11,961.000 
Gsi Technology Inc  59.80 %$ 2.975 $ 4.975 
Texas Instruments Incorporated  59.63 %$ 2,431.000 $ 4,077.000 
Analog Devices Inc   58.68 %$ 1,473.941 $ 2,511.941 
Viavi Solutions Inc   58.27 %$ 148.000 $ 254.000 
Nxp Semiconductors N v   56.60 %$ 1,937.000 $ 3,422.000 
Macom Technology Solutions Holdings Inc   55.56 %$ 87.310 $ 157.148 
Sitime Corporation  55.50 %$ 23.692 $ 42.692 
Maxlinear Inc   54.60 %$ 68.539 $ 125.539 
Power Integrations Inc   51.63 %$ 46.208 $ 89.507 
Cirrus Logic Inc   51.33 %$ 317.464 $ 618.464 
Silicon Laboratories inc   49.96 %$ 43.926 $ 87.926 
Advanced Micro Devices Inc   48.90 %$ 2,911.000 $ 5,953.000 
Enphase Energy Inc   48.52 %$ 146.662 $ 302.241 
Stmicroelectronics N v   47.94 %$ 8,287.000 $ 17,286.000 
Applied Materials Inc  47.77 %$ 3,204.000 $ 6,707.000 
On Semiconductor Corporation  46.68 %$ 941.900 $ 2,017.700 
Kulicke And Soffa Industries Inc   46.67 %$ 79.896 $ 171.189 




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