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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.
| Fiscal year / year | Cree 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?
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%.
| Year | Cree growth |
|---|---|
| 2019 | -64%↓ |
| 2020 | -13%↓ |
| 2021 | 12%↑ |
| 2022 | 9%↑ |
| 2023 | 33%↑ |
| 2024 | 6%↑ |
Do you work at Cree?
Did Cree meet its revenue projections?
| CEO | Gregg A. Lowe |
| Industry | Consumer Durables & Apparel |
| Company Type | Public |
| Employees Number | 6,387 |
| Date Founded | 1987 |
| Headquarters | Durham, North Carolina |
| Number of Locations | 7 |
| 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 |
| Ticker | WOLF |
Cree received early financing of $30.0M on 2013-12-13.
| Series | Round size | Date |
|---|---|---|
| Grant | $30M | 12/2013 |
| Investors | Security type |
|---|---|
| Department of Energy | Grant |
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Combined Systems | $47,904 | $55.4M | 200 | - |
| Tech Group, LLC | $74,306 | $1.1M | 50 | 7 |
| Dialight | $50,208 | $233.6M | 1,801 | 7 |
| Lauren Manufacturing | $74,303 | $12.0M | 83 | - |
| Denon | $52,296 | - | 3,001 | - |
| Bing | $40,866 | - | 3,001 | 26 |
| CTC Global | $62,146 | $75.0M | 172 | - |
| Ficosa North America Corporation | $75,666 | $7.3M | 30 | 1 |
| Vutec | $51,345 | $33.2M | 125 | - |
| Celltron | $37,804 | $30.0M | 200 | 4 |
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.