Credo Technology Group Holding Ltd
NASDAQ: CRDO · TECHNOLOGY · SEMICONDUCTORS
Updated 2026-06-15
Credo Technology Group Holding Ltd (CRDO) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Total assets | $108.04M | $155.49M | $375.69M | $397.29M | $601.93M | $809.26M | $2.30B |
| Cash & equivalents | $73.91M | $103.76M | $259.32M | $108.58M | $66.94M | $236.33M | $1.16B |
| Current assets | $95.84M | $137.80M | $332.18M | $328.23M | $530.26M | $713.53M | $2.00B |
| Total liabilities | $117.45M | $210.92M | $41.53M | $49.65M | $61.73M | $127.67M | $232.01M |
| Current liabilities | $18.57M | $12.53M | $26.50M | $31.03M | $44.62M | $107.71M | $197.09M |
| Long-term debt | — | — | — | — | — | — | — |
| Shareholder equity | $-9.41M | $-55.43M | $334.16M | $347.63M | $540.20M | $681.58M | $2.06B |
| Retained earnings | $-18.77M | $-68.25M | $-90.43M | $-106.98M | $-135.34M | $-83.16M | $389.12M |
| Accounts receivable | $18.04M | $18.21M | $39.59M | $58.99M | $81.22M | $162.14M | $233.38M |
| Inventory | $2.28M | $7.10M | $27.34M | $46.02M | $25.91M | $90.03M | $250.83M |
| Goodwill | — | — | — | — | — | — | $92.80M |
Frequently asked questions
What is Credo Technology Group Holding Ltd's revenue?
Credo Technology Group Holding Ltd's trailing twelve-month revenue is $1.34B, and consensus projects about $5.39B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is CRDO?
In its most recent fiscal year, CRDO ran a gross margin of 68.04%, an operating margin of 33.33%, and a net margin of 35.37%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does CRDO generate?
CRDO produced $29.02M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is CRDO's balance sheet healthy?
CRDO holds $1.16B in cash and equivalents against — in long-term debt, on $2.06B of shareholder equity. That debt is best read against the cash flow the business throws off each year.