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Credo Technology Group Holding Ltd

CRDO

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.

Market cap
$49.54B+197%
Revenue$1.3B+206%
Net income$472.3M+805%
Free cash flow$407.0M+1,302%
EPS (diluted)$2.49+822%
Trailing twelve months · change vs. prior year

Earnings

Next report

Sep 2, 2026 (in 2 months)
Revenue estimate$470.4M
EPS estimate$1.16

Financials

Q4 2026

Income statement

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Revenue$437.0M+157%
Gross profit$298.1M+161%
Operating income$155.8M+361%
Net income$169.1M+362%
EPS (diluted)$0.89+345%

Balance sheet

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Cash & equivalents$1.2B+393%
Total debt$25.4M+58.7%
Total equity$2.1B+203%
Total assets$2.3B+184%

Cash flow

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Operating cash flow$182.2M+215%
CapEx$4.8M+30.6%
Free cash flow$177.5M+228%

Valuation & ratios

Valuation

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Market cap$49.54B+197%
Enterprise value$48.4B+208%
P/E104.9×-200×
P/S37.1×+0.7×

Profitability

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Gross margin68%+3.3pp
Operating margin33.3%+24.8pp
Net margin35.4%+23.4pp
FCF margin30.5%+23.8pp

Returns & leverage

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Return on equity34.4%+25.9pp
Debt / equity0.0×
Current ratio10.2×+3.5×

Segments

By segment

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Reportable Segment$437.0M+157%

Competitors

Profile

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.

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.

GeographiesGlobal
Customer segmentsHyperscale Cloud Providers, Mobile Network Operators, AI/ML Infrastructure Providers, Enterprise Networking
Business modelFabless Semiconductor, IP Licensing, Hardware Sales
SuppliersSemiconductor Foundries, OSAT Partners, Electronic Design Automation (EDA) Software
CustomersCloud Service Providers, 5G Wireless Operators, Multi-service Operators (MSOs), Data Center Operators
Listed2022
Employees500.0
CEOWilliam J. Brennan
FilingsSEC EDGAR

Questions, answered.

What is Credo Technology Group Holding Ltd's market cap?
Credo Technology Group Holding Ltd (CRDO) has a market capitalization of $49.5B and trades on NASDAQ.
What is Credo Technology Group Holding Ltd's revenue and profitability?
Credo Technology Group Holding Ltd generated $1.3B in trailing twelve-month revenue with net income of $472.3M, representing a net margin of 35.4%. Gross margin stands at 68.0%, with free cash flow of $407.0M. These figures are based on the Q2 2026 filing.
Who are Credo Technology Group Holding Ltd's competitors?
Credo Technology Group Holding Ltd's key competitors include Astera Labs, Broadcom, Marvell Technology, and others. These companies compete in similar markets and product categories.
Who does Credo Technology Group Holding Ltd partner with?
Credo Technology Group Holding Ltd's notable partners include Microsoft, TSMC.
Where is Credo Technology Group Holding Ltd headquartered?
Credo Technology Group Holding Ltd is headquartered in United States of America and employs approximately 500 people. It has been publicly traded since 2022.