Non-Current Assets

Accumulated Depreciation

Credo Technology Group Holding Ltd Accumulated Depreciation increased by 12.1% to $62.78M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 46.5%, from $42.86M to $62.78M. Over 3 years (FY 2022 to FY 2025), Accumulated Depreciation shows an upward trend with a 65.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ3 2015
Last reportedQ1 2026
Parent metricPP&E (Net)

How to read this metric

A rising balance relative to gross assets suggests an aging infrastructure, potentially signaling a need for future capital expenditure to replace equipment.

Detailed definition

This is the cumulative amount of depreciation expense charged against the company's tangible assets since their acquisit...

Peer comparison

Commonly found in the balance sheet or notes for all companies with significant physical property, plant, and equipment.

Metric ID: ppe_accumulated_depreciation

Historical Data

13 periods
 Q1 '22Q4 '22Q1 '23Q2 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$9.84M$15.43M$18.02M$20.79M$25.94M$28.73M$32.96M$37.92M$42.86M$44.20M$49.67M$56.00M$62.78M
QoQ Change+56.9%+16.8%+15.4%+24.8%+10.8%+14.7%+15.0%+13.0%+3.1%+12.4%+12.7%+12.1%
YoY Change+83.2%+68.1%+59.5%+58.6%+65.2%+53.9%+50.7%+47.7%+46.5%
% of PP&E (Net)45.0%39.5%44.8%46.7%57.8%65.8%46.9%55.6%63.2%69.5%71.5%65.1%59.2%
Share Change-5.6pp+5.3pp+1.9pp+11.0pp+8.0pp-18.9pp+8.7pp+7.6pp+6.3pp+2.1pp-6.4pp-5.9pp
Range$9.84M$62.78M
CAGR+85.5%
Avg YoY Growth+59.3%
Median YoY Growth+58.6%
Current Streak12+ quarters growth

Frequently Asked Questions

What is Credo Technology Group Holding Ltd's accumulated depreciation?
Credo Technology Group Holding Ltd (CRDO) reported accumulated depreciation of $62.78M in Q4 2025.
How has Credo Technology Group Holding Ltd's accumulated depreciation changed year-over-year?
Credo Technology Group Holding Ltd's accumulated depreciation increased by 46.5% year-over-year, from $42.86M to $62.78M.
What is the long-term trend for Credo Technology Group Holding Ltd's accumulated depreciation?
Over 3 years (2022 to 2025), Credo Technology Group Holding Ltd's accumulated depreciation has grown at a 65.0% compound annual growth rate (CAGR), from $9.84M to $44.20M.
What does accumulated depreciation mean?
The total amount of depreciation recorded against physical assets over time.