Growth & profitability
- Revenue has grown 86.8% per year over the past 5 years.
- Operating margin has expanded, at 33.3% in the latest year.
CRDO Financials Credo Technology Group Holding Ltd
7 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2026 | $1.3B | $472M | 68.0% | 33.3% | $407M | — | $1.2B |
| 2025 | $437M | $52M | 64.8% | 8.5% | $29M | — | $236M |
| 2024 | $193M | -$28M | 61.9% | -19.2% | $17M | — | $67M |
| 2023 | $184M | -$17M | 57.7% | -11.5% | -$46M | — | $109M |
| 2022 | $106M | -$22M | 60.1% | -20.6% | -$48M | — | $259M |
| 2021 | $59M | -$28M | 65.2% | -43.0% | -$48M | — | $104M |
| 2020 | $54M | $1M | 85.6% | 3.8% | -$19M | — | — |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| May '26 | $437M | $169M | 68.2% | 35.7% | $177M | — | $1.2B |
| Jan '26 | $407M | $157M | 68.5% | 36.8% | $140M | — | $1.2B |
| Nov '25 | $268M | $83M | 67.5% | 29.4% | $38M | — | $568M |
| Aug '25 | $223M | $63M | 67.4% | 27.2% | $51M | — | $220M |
| May '25 | $170M | $37M | 67.2% | 19.9% | $54M | — | $236M |
| Feb '25 | $135M | $29M | 63.6% | 19.4% | -$383000 | — | $299M |
| Nov '24 | $72M | -$4M | 63.2% | -11.7% | -$12M | — | $239M |
| Aug '24 | $60M | -$10M | 62.4% | -24.2% | -$13M | — | $104M |
| Apr '24 | $61M | -$10M | 65.8% | -13.0% | $962000 | — | $67M |
| Jan '24 | $53M | $428000 | 61.4% | -11.1% | -$6M | — | $96M |
| Oct '23 | $44M | -$7M | 59.3% | -20.2% | $3M | — | $129M |
| Jul '23 | $35M | -$12M | 59.2% | -41.0% | $19M | — | $127M |
| Apr '23 | $32M | -$16M | 57.9% | -51.1% | -$16M | — | $109M |
| Jan '23 | $54M | $3M | 58.9% | -5.3% | -$9M | — | $124M |
| Oct '22 | $51M | -$3M | 54.4% | -3.4% | -$4M | — | $191M |
| Jul '22 | $46M | -$73000 | 59.5% | -0.5% | -$17M | — | $244M |
| Apr '22 | $38M | -$5M | 63.3% | -16.9% | -$7M | — | $259M |
| Jan '22 | $32M | -$144000 | 60.1% | -1.4% | -$1M | — | $241M |
| Oct '21 | $26M | -$4M | 60.4% | -13.4% | -$30M | — | — |
| Jul '21 | $11M | -$13M | 48.3% | -108.4% | -$10M | — | — |
Valuation over time
How the market has priced CRDO against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has fallen from 217.7× (May '25) to 105.1× (Jun '26).
- The price-to-sales ratio has risen from 16.5× (Mar '23) to 37.2× (Jun '26).
P/E
P/S
Frequently asked questions
Is CRDO growing its revenue and profit?
Over the past 5 years, Credo Technology Group Holding Ltd's revenue has grown 86.8% per year. These are computed facts, not advice.
How much debt does CRDO have?
As of FY2026, Credo Technology Group Holding Ltd reported — of total debt against $1.2B of cash.
What is CRDO's profit margin?
In FY2026, gross margin was 68.0%, operating margin 33.3%, and net margin 35.4%.
What is CRDO's P/E ratio?
As of Jun '26, Credo Technology Group Holding Ltd traded at a price-to-earnings ratio of about 105.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.