Credo Technology Group Holding Ltd

CRDO • NASDAQ • Stock Fundamentals

Credo Technology Group provides high-speed connectivity solutions designed to meet the bandwidth and energy efficiency demands of AI, cloud computing, and hyperscale data centers. The company leverages proprietary SerDes and DSP technologies to deliver high-performance interconnects at lower power and cost using mature manufacturing nodes. Its portfolio spans integrated circuits, active electrical cables, and intellectual property licensing for Ethernet and PCIe applications.

Market Cap$34.0B

Revenue TTM$1.1B

Net Income TTM$339.8M

P/E Ratio100.18

Net Margin31.81%

EPS TTM$1.82

Free Cash Flow TTM$283.7M

Employees500.0

CEOWilliam J. Brennan

CountryUnited States of America

Technology

Communication Equipment

SegmentsSemiconductors, Communication Equipment, Data Infrastructure

Business ModelsFabless Semiconductor, IP Licensing, Hardware Sales

Next EarningsJun 1, 2026 · In 2 weeksAfter Market Close · Q2 2026 · FQ4 FY2026

Income Statement Balance Sheet Cash Flow Segments

Financials

Based on Q4 2025 filing

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Gross Margin67.83%

Op. Margin30.23%

ROE27.54%

D/E0.88%

Current Ratio10.82

Total Debt$16.3M

Cash$1.2B

CapEx TTM$56.2M

Business Segments

View segment metrics

Product and Engineering Services

primary

The primary revenue driver focused on the design and sale of physical connectivity hardware and customized engineering solutions for high-speed data transmission.

Products

Integrated Circuits (ICs), Active Electrical Cables (AECs), SerDes Chiplets, HiWire Switch AEC

Customers

Hyperscalers, Optical Module Manufacturers, Original Equipment Manufacturers (OEMs), Original Design Manufacturers (ODMs)

IP Licensing

minor

Licensing of proprietary Serializer/Deserializer (SerDes) intellectual property to third parties for integration into their own semiconductor designs.

Products

SerDes IP

Customers

Semiconductor Companies, Enterprise Networking Firms, High Performance Computing (HPC) Customers

Business Overview

Competitive Position

Credo utilizes an 'n-1' manufacturing strategy to achieve performance parity with leading competitors while using more available and cost-effective legacy process nodes.

Geographies

Global

Customer Segments

Hyperscale Cloud Providers, Mobile Network Operators, AI/ML Infrastructure Providers, Enterprise Networking

Upstream Dependencies

Semiconductor Foundries, OSAT Partners, Electronic Design Automation (EDA) Software

Downstream Customers

Cloud Service Providers, 5G Wireless Operators, Multi-service Operators (MSOs), Data Center Operators

Competitors & Partners

Partners

Microsoft

MSFT

Collaborates on HiWire Switch AEC and open-source implementations for dual-Top-of-Rack architectures.

Taiwan Semiconductor Manufacturing Company

TSM

Likely manufacturing partner for SerDes and DSP integrated circuits.