Credo Technology Group Holding Ltd Quarterly Operating Margin in % from Q1 2022 to Q2 2024

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Credo Technology Group Holding Ltd quarterly/annual Operating Margin history and growth rate from Q1 2022 to Q2 2024.
  • Credo Technology Group Holding Ltd Operating Margin for the quarter ending August 3, 2024 was -17.1 %, a 16.7% increase year-over-year.
  • Credo Technology Group Holding Ltd annual Operating Margin for 2023 was -19.2 %, a 66.6% decline from 2022.
  • Credo Technology Group Holding Ltd annual Operating Margin for 2022 was -11.5 %, a 44.1% increase from 2021.
  • Credo Technology Group Holding Ltd annual Operating Margin for 2021 was -20.6 %, a 52% increase from 2020.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q2 2024 -17.1 +3.43 +16.7% Apr 28, 2024 Aug 3, 2024
Q1 2024 -19.2 -7.68 -66.6% Jan 28, 2024 Apr 27, 2024
Q4 2023 -27.7 -21.9 -371% Oct 29, 2023 Jan 27, 2024
Q3 2023 -25.7 -20.5 -392% Jul 30, 2023 Oct 28, 2023
Q2 2023 -20.5 -13.1 -176% Apr 30, 2023 Jul 29, 2023
Q1 2023 -11.5 +9.1 +44.1% Jan 29, 2023 Apr 29, 2023
Q4 2022 -5.89 Oct 30, 2022 Jan 28, 2023
Q3 2022 -5.23 Jul 31, 2022 Oct 29, 2022
Q2 2022 -7.42 May 1, 2022 Jul 30, 2022
Q1 2022 -20.6 Feb 1, 2022 Apr 30, 2022
* An asterisk sign (*) next to the value indicates that the value is likely invalid.