At Cree, we’re always on. We believe that meaningful change happens through sheer force of will and the determination of a team solving a problem, and we’re unafraid to kick down the door to make it happen. That’s how we inspired the LED revolution and continue to create brilliantly affordable, radically simple, uncompromisingly efficient solutions that transform the way we experience light. From inventing America’s best-selling light bulb to commercializing the brightest lighting-class LEDs, our vision isn’t just to cultivate a thriving business – it’s to better the world. And we don’t take no for an answer. Be part of what’s next. Our growing multi-billion dollar start-up is impressing the biggest names in tech. Join one of Fast Company’s The World’s 50 Most Innovative Companies 2015 and a 2014 MIT Technology Review “50 Smartest Company.” Let’s revolutionize energy efficiency and transform the way we experience light.
Company Growth (employees)
Durham, US
Size (employees)
6,237 (est)-2%
Cree was founded in 1987 and is headquartered in Durham, US

Key People at Cree

Robert L. Tillman

Robert L. Tillman

Thomas H.Werner

Thomas H.Werner

Anne C. Whitaker

Anne C. Whitaker

Robert A. Ingram

Robert A. Ingram

Alan J. Ruud

Alan J. Ruud

Director and Vice Chairman

Cree Office Locations

Cree has offices in Durham, Täby, Shanghai, Shenzhen Shi and in 8 other locations
Durham, US (HQ)
4600 Silicon Drive
Bayan Lepas, MY
15 Lebuh Nipah 5
Hong Kong, HK
Green 18 18 Science Park E Ave
Unterschleißheim, DE
12 Einsteinstraße
Mississauga, CA
6 6889 Rexwood Rd
Goleta, US
340 Storke Rd
Racine, US
9201 Washington Ave
Sesto Fiorentino, IT
122 Via Sandro Pertini
Shenzhen Shi, CN
Cai Tian Lu
Shanghai, CN
Zhen Bei Lu
Täby, SE
30 Miklagårdsvägen
Durham, US
3028 E Cornwallis Rd

Cree Data and Metrics

Cree Financial Metrics

Cree's revenue was reported to be $1.6 b in FY, 2016 which is a 1% decrease from the previous period.

Revenue (FY, 2016)

1.6 b

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

487.1 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

(21.5 m)

EBIT (FY, 2016)

(10.5 m)

Market capitalization (27-Jun-2017)

2.4 b

Closing share price (27-Jun-2017)


Cash (26-Jun-2016)

166.2 m
Cree's current market capitalization is $2.4 b.
USDFY, 2014FY, 2015FY, 2016


1.6 b1.6 b1.6 b

Revenue growth, %


Gross profit

618.8 m475 m487.1 m

Gross profit Margin, %


Operating expense total

484.5 m547.5 m497.5 m


134.3 m(72.5 m)(10.5 m)

EBIT margin, %


Pre tax profit

(82.9 m)

Income tax expense

(18.9 m)

Net Income

124.2 m(64.1 m)(21.5 m)
USDFY, 2014FY, 2015FY, 2016


286.8 m139.7 m166.2 m

Accounts Receivable

225.2 m186.2 m165.6 m


284.8 m280.6 m303.5 m

Current Assets

1.8 b1.3 b1.2 b


605.7 m635.1 m599.7 m


616.3 m616.3 m618.8 m

Total Assets

3.3 b3 b2.8 b

Current Liabilities

306.7 m254.8 m223 m

Non-Current Liabilities

47.6 m233.3 m175.2 m

Total Liabilities

354.2 m488 m398.2 m

Additional Paid-in Capital

2.2 b2.3 b2.4 b

Retained Earnings

788.6 m174.9 m

Total Equity

2.5 b2.4 b

Financial Leverage

1.2 x1.2 x
USDFY, 2014FY, 2015FY, 2016

Net Income

124.2 m(64.1 m)(21.5 m)

Depreciation and Amortization

163 m172.3 m159.1 m

Accounts Receivable

(33 m)37.9 m21.8 m


(87 m)3.5 m(23 m)

Cash From Operating Activities

319.3 m181.3 m203.3 m

Purchases of PP&E

(178.6 m)(206.2 m)(120 m)

Cash From Investing Activities

(242.3 m)(16.1 m)(7.9 m)

Cash From Financing Activities

19.5 m(311.4 m)(167.9 m)

Interest Paid

1 m3.1 m

Income Taxes Paid

10.3 m28.8 m14.7 m
USDY, 2016


253.1 k

Financial Leverage

1.2 x

Cree Market Value History

Cree Median Salaries

Source: 76 public H-1B filings from Cree

Cree Online and Social Media Presence

Cree News and Updates

Cree Company Life and Culture

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