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Credo Technology Group Holding Ltd CRDO Operating Lease ROU Assets

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Other financials

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

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Market cap$50.71B+211%
Enterprise value$49.57B+208%
P/E107.4×-205×
P/S38×+0.6×

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×

Where this comes from

Reported directly by Credo Technology Group Holding Ltd in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.

The official record: Credo Technology Group Holding Ltd’s 10-K, filed June 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Credo Technology Group Holding Ltd's operating lease ROU assets?
Credo Technology Group Holding Ltd (CRDO) reported operating lease ROU assets of $24.64M in Q1 2026.
How has Credo Technology Group Holding Ltd's operating lease ROU assets changed year-over-year?
Credo Technology Group Holding Ltd's operating lease ROU assets increased by 61.7% year-over-year, from $15.23M to $24.64M.
What is the long-term trend for Credo Technology Group Holding Ltd's operating lease ROU assets?
Over 5 years (2021 to 2026), Credo Technology Group Holding Ltd's operating lease ROU assets has grown at a 43.9% compound annual growth rate (CAGR), from $4M to $24.64M.
What does operating lease ROU assets mean?
This asset represents the company's right to use a leased item, such as office space or data center facilities, over the lease term. It is recognized under modern accounting standards to reflect the financial commitment of long-term operating leases. It provides visibility into the company's fixed operational footprint.