CRDO
Credo Technology Group Holding Ltd
NASDAQ: CRDO · TECHNOLOGY · SEMICONDUCTORS
$175.77
+5.94% today
Updated 2026-04-29
Market cap
$32.42B
P/E ratio
96.05
P/S ratio
30.35x
EPS (TTM)
$1.83
Dividend yield
—
52W range
$46 – $214
Volume
7.3M
Credo Technology Group Holding Ltd (CRDO) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $53.84M | $58.70M | $106.48M | $184.19M | $192.97M | $436.77M |
| Revenue growth (YoY) | — | +9.0% | +81.4% | +73.0% | +4.8% | +126.3% |
| Cost of revenue | $7.73M | $20.42M | $42.46M | $78.00M | $73.54M | $153.87M |
| Gross profit | $46.11M | $38.28M | $64.02M | $106.19M | $119.43M | $282.91M |
| Gross margin | 85.6% | 65.2% | 60.1% | 57.7% | 61.9% | 64.8% |
| R&D | $27.56M | $34.84M | $47.95M | $76.77M | $95.53M | $145.99M |
| SG&A | $6.84M | $11.15M | $34.90M | $48.25M | $60.19M | $98.92M |
| Operating income | $2.07M | $-25.23M | $-21.97M | $-21.23M | $-37.06M | $37.12M |
| Operating margin | 3.8% | -43.0% | -20.6% | -11.5% | -19.2% | 8.5% |
| EBITDA | $3.88M | $-23.02M | $-14.04M | $-9.31M | $-22.52M | $59.94M |
| EBITDA margin | 7.2% | -39.2% | -13.2% | -5.1% | -11.7% | 13.7% |
| EBIT | $2.07M | $-25.23M | $-18.83M | $-18.83M | $-36.29M | $38.00M |
| Interest expense | $0.00 | $62000.00 | $6.51M | $6.51M | — | — |
| Income tax | $766000.00 | $2.21M | $-37000.00 | $-1.37M | $5.62M | $2.69M |
| Effective tax rate | 36.6% | -8.8% | 0.2% | 7.6% | -24.7% | 4.9% |
| Net income | $1.33M | $-27.51M | $-22.18M | $-16.55M | $-28.37M | $52.18M |
| Net income growth (YoY) | — | -2170.1% | +19.4% | +25.4% | -71.4% | +283.9% |
| Profit margin | 2.5% | -46.9% | -20.8% | -9.0% | -14.7% | 11.9% |