Credo Technology Group Holding Ltd Total Operating Expenses increased by 26.4% to $129.25M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 116.4%, from $59.73M to $129.25M. Over 2 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 96.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Investors compare this to revenue to assess the 'operating leverage' of a business model.
total_operating_expenses| Q1 '21 | Q4 '21 | Q2 '22 | Q4 '22 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $15.88M | $19.56M | $27.88M | $34.87M | $35.18M | $34.99M | $38.47M | $47.85M | $51.73M | $53.92M | $59.73M | $80.40M | $89.63M | $102.25M | $129.25M |
| QoQ Change | — | +23.2% | +42.5% | +25.1% | +0.9% | -0.5% | +9.9% | +24.4% | +8.1% | +4.2% | +10.8% | +34.6% | +11.5% | +14.1% | +26.4% |
| YoY Change | — | — | — | +78.3% | +26.2% | — | +10.3% | — | +47.1% | +54.1% | +55.3% | +68.0% | +73.2% | +89.6% | +116.4% |