Discontinued — last reported Q1 '25
Product engineering services — Total Cost of Revenue
Credo Technology Group Holding Ltd Product engineering services — Total Cost of Revenue decreased by 75.1% to $58.00K in Q1 2025 compared to the prior quarter. Year-over-year, this metric declined by 80.0%, from $290.00K to $58.00K. Over 2 years (FY 2021 to FY 2025), Product engineering services — Total Cost of Revenue shows a downward trend with a -35.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue may signal declining margins or inefficiencies in service delivery, whereas a decrease relative to revenue typically indicates improved operational leverage and better cost management.
Detailed definition
This metric captures the direct costs associated with delivering product engineering services, including personnel expen...
Peer comparison
Comparable to cost of services or cost of professional services reported by technology firms that provide both hardware products and technical support or design services.
crdo_segment_product_engineering_services_total_cost_of_revenueHistorical Data
| Q1 '21 | Q4 '21 | Q2 '22 | Q4 '22 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $792.00K | $410.00K | $100.00K | $228.00K | $293.00K | $171.00K | $1.47M | $290.00K | $452.00K | $571.00K | $233.00K | $58.00K |
| QoQ Change | — | -48.2% | -75.6% | +128.0% | +28.5% | -41.6% | +760.2% | -80.3% | +55.9% | +26.3% | -59.2% | -75.1% |
| YoY Change | — | — | — | -44.4% | +193.0% | — | +545.2% | — | +54.3% | +233.9% | -84.2% | -80.0% |
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Frequently Asked Questions
- What is Credo Technology Group Holding Ltd's product engineering services — total cost of revenue?
- Credo Technology Group Holding Ltd (CRDO) reported product engineering services — total cost of revenue of $58.00K in Q1 2025.
- How has Credo Technology Group Holding Ltd's product engineering services — total cost of revenue changed year-over-year?
- Credo Technology Group Holding Ltd's product engineering services — total cost of revenue decreased by 80.0% year-over-year, from $290.00K to $58.00K.
- What is the long-term trend for Credo Technology Group Holding Ltd's product engineering services — total cost of revenue?
- Over 2 years (2021 to 2025), Credo Technology Group Holding Ltd's product engineering services — total cost of revenue has grown at a -35.6% compound annual growth rate (CAGR), from $3.17M to $1.31M.
- What does product engineering services — total cost of revenue mean?
- The total direct expenses incurred to deliver engineering and design services to clients.