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Cree's revenue is $807.2 million.

What is Cree's revenue?

Cree's annual revenue is $807.2M. Zippia's data science team found the following key financial metrics about Cree after extensive research and analysis.
  • Cree's revenue growth from 2018 to 2024 is -45.96%.
  • Cree has 6,387 employees, and the revenue per employee ratio is $126,381.
  • Cree's peak quarterly revenue was $200.7M in 2024(q4).
  • Cree peak revenue was $1.5B in 2018.
  • Cree annual revenue for 2023 was 758.5M, 32.58% growth from 2022.
  • Cree annual revenue for 2024 was 807.2M, 6.42% growth from 2023.

On this page

Most recent quarter revenue
$194.7M (Q1'2025)
Company most recent quarter revenue
Peak revenue
$1.5B (2018)
Company peak revenue
Revenue / employee
$126,382
Company revenue / employee

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Most recent quarter revenue
$194.7M (Q1'2025)
Company most recent quarter revenue
Peak revenue
$1.5B (2018)
Company peak revenue
Revenue / employee
$126,382
Company revenue / employee

Cree historical revenue

Cree's peak revenue was $1.5B in 2018. The peak quarterly revenue was $200.7M in 2024(q4).

Cree's revenue increased from $867.3m in 2018 to $807.2M currently. That's a -45.96% change in annual revenue.

Cree annual revenue

$807M
$646M
$484M
$323M
$161M
$0
2019
2020
2021
2022
2023
2024

Cree annual revenue over time

Fiscal year / yearCree revenue
2018$1.5B
2019$538.2M
2020$470.7M
2021$525.6M
2022$572.1M
2023$758.5M
2024$807.2M

How accurately did Cree's revenue projections match actual performance?

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Cree annual growth

Cree saw the greatest revenue growth in 2022, when revenue increased by 41.97%.

Cree had the lowest revenue growth in 2019, when revenue changed by -63.97%.

Cree annual growth rate over time

YearCree growth
2019
-64%
2020
-13%
2021
12%
2022
9%
2023
33%
2024
6%

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Cree financial information

CEOGregg A. Lowe
IndustryConsumer Durables & Apparel
Company TypePublic
Employees Number6,387
Date Founded1987
HeadquartersDurham, North Carolina
Number of Locations7
Revenue$807.2M
Net Income-$329,900,000
Gross Proft$77.4M (2024)
PE Ratio-5.99
Tax Rate-0.0%
Market Capitalization$5.2B
Total Assets$6,586,700,000
TickerWOLF

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Cree financing

Cree received early financing of $30.0M on 2013-12-13.

SeriesRound sizeDate
Grant$30M12/2013

Cree investors

InvestorsSecurity type
Department of EnergyGrant

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Cree revenue FAQs

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Zippia gives an in-depth look into the details of Cree, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Cree. The employee data is based on information from people who have self-reported their past or current employments at Cree. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Cree. The data presented on this page does not represent the view of Cree and its employees or that of Zippia.

Cree may also be known as or be related to CREE INC, Cree, Cree Inc, Cree, Inc. and Wolfspeed Inc.