Discontinued — last reported Q1 '25
Product engineering services — Total Revenue
Credo Technology Group Holding Ltd Product engineering services — Total Revenue decreased by 49.9% to $1.34M in Q1 2025 compared to the prior quarter. Year-over-year, this metric declined by 60.0%, from $3.34M to $1.34M. Over 2 years (FY 2021 to FY 2025), Product engineering services — Total Revenue shows an upward trend with a 12.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests growing demand for the company's specialized technical expertise or a successful expansion of service-based offerings, while a decrease may indicate a shift in client needs or a strategic move away from service-heavy models.
Detailed definition
This metric represents the total gross income generated from providing specialized product engineering and design servic...
Peer comparison
Comparable to professional services revenue or engineering consulting fees reported by other semiconductor and hardware infrastructure companies.
crdo_segment_product_engineering_services_total_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 | $2.39M | $3.95M | $824.00K | $3.64M | $2.29M | $2.43M | $11.83M | $3.34M | $3.49M | $4.63M | $2.67M | $1.34M |
| QoQ Change | — | +65.1% | -79.2% | +341.1% | -36.9% | +6.1% | +386.0% | -71.8% | +4.3% | +32.9% | -42.4% | -49.9% |
| YoY Change | — | — | — | -8.1% | +178.3% | — | +225.4% | — | +52.0% | +90.3% | -77.5% | -60.0% |
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Frequently Asked Questions
- What is Credo Technology Group Holding Ltd's product engineering services — total revenue?
- Credo Technology Group Holding Ltd (CRDO) reported product engineering services — total revenue of $1.34M in Q1 2025.
- How has Credo Technology Group Holding Ltd's product engineering services — total revenue changed year-over-year?
- Credo Technology Group Holding Ltd's product engineering services — total revenue decreased by 60.0% year-over-year, from $3.34M to $1.34M.
- What is the long-term trend for Credo Technology Group Holding Ltd's product engineering services — total revenue?
- Over 2 years (2021 to 2025), Credo Technology Group Holding Ltd's product engineering services — total revenue has grown at a 12.5% compound annual growth rate (CAGR), from $9.58M to $12.12M.
- What does product engineering services — total revenue mean?
- The total amount of money earned from providing engineering and design services to customers.