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Credo Technology Group Holding Ltd
NASDAQ:CRDO

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Credo Technology Group Holding Ltd
NASDAQ:CRDO
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Price: 129.58 USD 1.31% Market Closed
Market Cap: $23.4B

Gross Margin

66.8%
Current
Improving
by 5%
vs 3-y average of 61.8%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
66.8%
=
Gross Profit
$531.5m
/
Revenue
$796.1m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
66.8%
=
Gross Profit
$531.5m
/
Revenue
$796.1m

Peer Comparison

Country Company Market Cap Gross
Margin
KY
Credo Technology Group Holding Ltd
NASDAQ:CRDO
23.1B USD
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US
NVIDIA Corp
NASDAQ:NVDA
4.6T USD
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US
Broadcom Inc
NASDAQ:AVGO
1.6T USD
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TW
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
49.7T TWD
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US
Micron Technology Inc
NASDAQ:MU
466.6B USD
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KR
SK Hynix Inc
KRX:000660
620T KRW
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US
Advanced Micro Devices Inc
NASDAQ:AMD
329.5B USD
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US
Intel Corp
NASDAQ:INTC
221.6B USD
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US
Texas Instruments Inc
NASDAQ:TXN
197.7B USD
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US
Analog Devices Inc
NASDAQ:ADI
168.6B USD
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US
Qualcomm Inc
NASDAQ:QCOM
151.4B USD
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Market Distribution

Higher than 75% of companies in Cayman Islands
Percentile
75th
Based on 93 companies
75th percentile
66.8%
Low
-329.6% — 12%
Typical Range
12% — 56.6%
High
56.6% — 403.2%
Distribution Statistics
Cayman Islands
Min -329.6%
30th Percentile 12%
Median 29.8%
70th Percentile 56.6%
Max 403.2%

Credo Technology Group Holding Ltd
Glance View

Deep within the intricate web of the semiconductor industry, Credo Technology Group Holding Ltd. stands as an innovative player, recognized for its pioneering approach to high-speed connectivity solutions. Founded with the vision of transforming data transfer efficiency, Credo has carved a niche by capitalizing on the relentless demand for faster, reliable, and cost-effective data communication across data centers, high-performance computing, and emerging wireless networks. In essence, the company designs and sells application-specific integrated circuits (ASICs) and associated hardware that enable rapid movement of data across network infrastructures. These products leverage advanced signal integrity to enhance internet speed and performance, which is critical not just for commercial tech giants, but also for the everyday functionality of cloud services, streaming, and digital communication. Credo's monetization strategy is deeply embedded in its ability to innovate and scale its high-speed connectivity solutions for a variety of enterprises and service providers. A significant portion of its revenue stems from direct product sales, where the company leverages its proprietary SerDes (Serializer/Deserializer) technology—critical components that convert data for high-speed transfer over digital interfaces. Alongside hardware sales, the company also earns through licensing its technology and intellectual property to other device manufacturers, thus enabling them to integrate Credo's high-speed capabilities into their own product offerings. By maintaining a robust pipeline of cutting-edge technologies, Credo continues to strengthen its foothold in the competitive tech landscape, ensuring a steady stream of income while promoting digital advancements globally.

CRDO Intrinsic Value
HIDDEN
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
66.8%
=
Gross Profit
$531.5m
/
Revenue
$796.1m
What is Credo Technology Group Holding Ltd's current Gross Margin?

The current Gross Margin for Credo Technology Group Holding Ltd is 66.8%, which is above its 3-year median of 61.8%.

How has Gross Margin changed over time?

Over the last 3 years, Credo Technology Group Holding Ltd’s Gross Margin has increased from 58.9% to 66.8%. During this period, it reached a low of 57.5% on Jul 29, 2023 and a high of 66.8% on Nov 1, 2025.

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