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Credo Technology Group Holding Ltd

Cyclical demand Physical products Sells to businessesTags from an AI model reading the company description.

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Key Metrics

Previous Close: $218.64
52-Week Range: $86.49 – $308.67
Market Cap: $39.80B
P/E (TTM): 75.10
EPS (TTM): 2.82
Dividend Yield: 0.00%

Advanced Metrics

Price/Book: 14.57
PEG Ratio: —
Return on Equity: 30.67%
Return on Assets: 16.11%
Gross Margin: 67.07%
Operating Margin: 25.20%
Profit Margin: 33.83%
Current Ratio: 7.40
Debt/Equity: 0.01
Total Debt: $26.20M
Free Cash Flow: $248.29M
Revenue Growth: 114.70%
Earnings Growth: 97.10%
Enterprise Value: $40.36B

CRDO Income statement, annual periods, in USD
USD	FY2023	FY2024	FY2025	FY2026
Revenue	$184.19M	$192.97M	$436.77M	$1.34B
Cost of Revenue	$78.00M	$73.54M	$153.87M	$426.77M
Gross Profit	$106.19M	$119.43M	$282.91M	$908.35M
Research & Development	$76.77M	$96.30M	$146.87M	$279.38M
Selling, General & Admin	$48.25M	$60.19M	$98.92M	$183.96M
Operating Expenses	$125.02M	$156.49M	$245.78M	$463.34M
Operating Income	-$18.83M	-$37.06M	$37.12M	$445.00M
EBITDA	-$9.31M	-$23.29M	$59.06M	$480.04M
Pretax Income	-$17.91M	-$22.75M	$54.87M	$475.44M
Income Tax	-$1.37M	$5.62M	$2.69M	$3.16M
Net Income	-$16.55M	-$28.37M	$52.18M	$472.28M
Diluted EPS	-0.11	-0.18	0.29	2.51
Diluted Shares	147.15M	155.09M	181.16M	188.23M

CRDO Balance Sheet statement, annual periods, in USD
USD	FY2023	FY2024	FY2025	FY2026
Cash & Equivalents	$108.58M	$66.94M	$236.33M	$1.16B
Receivables	$58.99M	$59.66M	$162.14M	$233.38M
Inventory	$46.02M	$25.91M	$90.03M	$250.83M
Current Assets	$328.23M	$530.26M	$713.53M	$2.00B
Total Assets	$397.29M	$601.93M	$809.26M	$2.30B
Current Liabilities	$31.03M	$44.62M	$107.71M	$197.09M
Total Debt	$15.50M	$13.87M	$16.04M	$25.45M
Total Liabilities	$49.65M	$61.73M	$127.67M	$232.01M
Retained Earnings	-$106.98M	-$135.34M	-$83.16M	$389.12M
Shareholders' Equity	$347.63M	$540.20M	$681.58M	$2.06B
Working Capital	$297.20M	$485.64M	$605.82M	$1.80B

CRDO Cash Flow statement, annual periods, in USD
USD	FY2023	FY2024	FY2025	FY2026
Operating Cash Flow	-$24.61M	$32.74M	$65.08M	$464.29M
Capital Expenditure	-$21.71M	-$15.65M	-$36.06M	-$57.30M
Free Cash Flow	-$46.33M	$17.09M	$29.02M	$407.00M
Depreciation & Amortisation	$9.51M	$13.77M	$21.94M	$35.04M
Stock-Based Compensation	$23.52M	$39.02M	$77.36M	$182.64M
Investing Cash Flow	-$130.94M	-$249.49M	$111.99M	-$253.53M
Financing Cash Flow	$4.88M	$175.28M	-$7.73M	$717.63M
Share Repurchases	$0.00	—	—	—
Net Change in Cash	-$150.67M	-$41.47M	$169.34M	$928.39M

CRDO Income statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Revenue	$170.03M	$223.07M	$268.03M	$407.01M	$437.00M	$479.00M
Cost of Revenue	$55.84M	$72.71M	$86.98M	$128.14M	$138.94M	$169.92M
Gross Profit	$114.19M	$150.37M	$181.05M	$278.87M	$298.07M	$309.08M
Research & Development	$47.58M	$52.45M	$57.92M	$78.48M	$90.53M	$114.52M
Selling, General & Admin	$31.95M	$37.18M	$44.33M	$50.76M	$51.69M	$73.86M
Operating Expenses	$79.53M	$89.63M	$102.25M	$129.25M	$142.22M	$188.38M
Operating Income	$34.66M	$60.74M	$78.80M	$149.62M	$155.84M	$120.70M
EBITDA	$42.32M	$66.20M	$85.36M	$156.38M	$172.10M	$140.91M
Pretax Income	$37.61M	$64.69M	$83.69M	$159.08M	$167.98M	$128.84M
Income Tax	$1.02M	$1.29M	$1.05M	$1.94M	-$1.12M	-$585.00K
Net Income	$36.59M	$63.40M	$82.64M	$157.14M	$169.10M	$129.43M
Diluted EPS	0.20	0.34	0.44	0.82	—	0.67
Diluted Shares	182.12M	184.58M	187.66M	192.02M	—	194.38M

CRDO Balance Sheet statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Cash & Equivalents	$236.33M	$219.64M	$567.58M	$1.22B	$1.16B	$466.87M
Receivables	$162.14M	$181.20M	$245.20M	$243.21M	$233.38M	$288.80M
Inventory	$90.03M	$116.68M	$150.19M	$207.96M	$250.83M	$313.05M
Current Assets	$713.53M	$803.61M	$1.24B	$1.79B	$2.00B	$1.47B
Total Assets	$809.26M	$905.17M	$1.45B	$2.04B	$2.30B	$3.01B
Current Liabilities	$107.71M	$108.39M	$140.37M	$165.19M	$197.09M	$198.16M
Total Debt	$16.04M	$15.61M	$16.43M	$16.28M	$25.45M	$26.20M
Total Liabilities	$127.67M	$123.79M	$163.20M	$188.45M	$232.01M	$284.24M
Retained Earnings	-$83.16M	-$19.76M	$62.87M	$220.01M	$389.12M	$518.54M
Shareholders' Equity	$681.58M	$781.38M	$1.29B	$1.85B	$2.06B	$2.73B
Working Capital	$605.82M	$695.22M	$1.10B	$1.62B	$1.80B	$1.27B

CRDO Cash Flow statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Operating Cash Flow	$57.82M	$54.17M	$61.66M	$166.22M	$182.24M	$90.23M
Capital Expenditure	-$3.65M	-$2.82M	-$23.19M	-$26.51M	-$4.77M	-$7.28M
Free Cash Flow	$54.17M	$51.35M	$38.48M	$139.70M	$177.47M	$82.95M
Depreciation & Amortisation	$7.66M	$5.46M	$6.57M	$6.76M	$16.25M	$20.21M
Stock-Based Compensation	$27.86M	$35.45M	$45.32M	$52.16M	$49.70M	$87.98M
Investing Cash Flow	-$118.67M	-$67.82M	-$91.74M	$138.49M	-$232.45M	-$761.96M
Financing Cash Flow	-$1.97M	-$2.97M	$377.89M	$348.03M	-$5.33M	-$26.66M
Net Change in Cash	-$62.81M	-$16.62M	$347.82M	$652.74M	-$55.54M	-$698.38M

Market Snapshot

About

Credo Technology Group Holding Ltd is a fabless semiconductor company that provides high-speed connectivity solutions for data infrastructure markets. Headquartered in San Jose, California, the company designs and sells SerDes (serializer/deserializer) chiplets and active electrical cables (AECs) that enable high-bandwidth data transmission in data centers and computing systems. Credo's products address bandwidth bottlenecks in artificial intelligence, cloud computing, and networking applications. The company's technology focuses on power-efficient, high-performance connectivity solutions for speeds ranging from 50 Gbps to 800 Gbps and beyond.