Credo Technology Group Holding Ltd
CRDO· Nasdaq· Semiconductors & Related Devices
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 30.5%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- +86.8%
We record prices for the companies we cover; CRDO is not one of them yet.
Company statistics
Profile · FY2026
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 188.2M
- Revenue
- $1.3B
- Free cash flow
- $407.0M
- Owner earnings
- $224.4M
Valuation · FY2026
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2026
- Gross
- 68.0%
- Operating
- 33.3%
- Net
- 35.4%
- Free cash flow
- 30.5%
- Owner earnings
- 16.8%
- Stock pay
- 13.7%
Returns
- ROIC, FY2026
- –
- ROIC, 5 yr avg
- –
- ROE, FY2026
- 22.9%
- ROE, 5 yr avg
- 2.8%
Growth (CAGR)
- Revenue, 3 yr
- 93.5%
- Revenue, 5 yr
- 86.8%
- Revenue, 6 yr
- 70.8%
- Diluted EPS, 3 yr
- –
- Diluted EPS, 5 yr
- –
- Diluted EPS, 6 yr
- –
- Free cash flow, 3 yr
- –
- Free cash flow, 5 yr
- –
- Free cash flow, 6 yr
- –
Financial health · FY2026
- Cash and investments
- $1.4B
- Total debt
- –
- Net cash
- –
- Debt/Equity
- –
- Debt/FCF
- –
Shareholder returns · FY2026
- Dividend yield
- –
- Payout ratio
- –
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- 22.2%
Financials: ten years from the 10-Ks
Revenue
$1.3B
+70.8% a year over 6 years
FY2020FY2026
Margins
Gross68.0%Operating33.3%Net35.4%
FY2026
FY2020FY2026
Free cash flow and owner earnings
Free cash flow$407.0MOwner earnings$224.4M
FY2026
FY2020FY2026
Diluted shares
188.2M
+162.4% over 6 years, net dilution
FY2020FY2026
Every figure, year by year
| Fiscal year | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|
| The business | |||||||
| Revenue | $53.8M | $58.7M | $106.5M | $184.2M | $193.0M | $436.8M | $1.3B |
| Revenue growth | – | 9.0% | 81.4% | 73.0% | 4.8% | 126.3% | 205.7% |
| Gross margin | 85.6% | 65.2% | 60.1% | 57.7% | 61.9% | 64.8% | 68.0% |
| Operating margin | 3.8% | -43.0% | -20.6% | -11.5% | -19.2% | 8.5% | 33.3% |
| Net income | $1.3M | -$27.5M | -$22.2M | -$16.5M | -$28.4M | $52.2M | $472.3M |
| Net margin | 2.5% | -46.9% | -20.8% | -9.0% | -14.7% | 11.9% | 35.4% |
| Diluted EPS | $0.00 | $-0.40 | $-0.25 | $-0.11 | $-0.18 | $0.29 | $2.51 |
| Return on invested capital? | – | – | – | – | – | – | – |
| Cash | |||||||
| Operating cash flow | -$10.3M | -$42.4M | -$30.8M | -$24.6M | $32.7M | $65.1M | $464.3M |
| Capital expenditure | $8.8M | $6.1M | $17.6M | $21.7M | $15.7M | $36.1M | $57.3M |
| Free cash flow | -$19.1M | -$48.4M | -$48.4M | -$46.3M | $17.1M | $29.0M | $407.0M |
| Stock-based compensation | $1.2M | $2.6M | $9.2M | $23.5M | $39.0M | $77.4M | $182.6M |
| Owner earnings? | -$20.3M | -$51.0M | -$57.6M | -$69.8M | -$21.9M | -$48.3M | $224.4M |
| Free cash flow per share | $-0.27 | $-0.70 | $-0.55 | $-0.32 | $0.11 | $0.16 | $2.16 |
| Capital allocation | |||||||
| Dividends paid | – | – | – | – | – | – | – |
| Share repurchases | $0 | $22.9M | $0 | $0 | – | – | – |
| Diluted shares | 71.7M | 69.1M | 88.4M | 146.6M | 155.1M | 181.2M | 188.2M |
| Share count change? | – | -3.7% | 27.9% | 65.8% | 5.8% | 16.8% | 3.9% |
| Balance sheet | |||||||
| Cash and equivalents | $73.9M | $103.8M | $259.3M | $108.6M | $66.9M | $236.3M | $1.2B |
| Short-term investments | – | – | $0 | $109.2M | $343.1M | $195.0M | $278.3M |
| Total debt | – | – | – | – | – | – | – |
| Net debt | – | – | – | – | – | – | – |
| Shareholders' equity | -$9.4M | -$55.4M | $334.2M | $347.6M | $540.2M | $681.6M | $2.1B |
Latest filings
| 2026-09-02 | 10-Q | Quarterly report |
| 2026-09-01 | 8-K | Earnings release |
| 2026-08-25 | DEF 14A | Proxy statement |
| 2026-06-15 | 10-K | Annual report |
| 2026-06-01 | 8-K | Earnings release |
| 2026-03-03 | 10-Q | Quarterly report |
| 2026-03-02 | 8-K | Earnings release |
| 2026-02-09 | 8-K | Earnings release |
| 2025-12-02 | 10-Q | Quarterly report |
| 2025-09-04 | 10-Q | Quarterly report |
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