Credo Technology Group Holding Ltd CRDO R2KR3KAITECH
Company Overview
Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and other international markets. The company offers ZeroFlap (ZF) active electrical cables and ZF optical transceivers, OmniConnect memory solutions, and a suite of retimers and DSPs for optical and copper Ethernet and PCIe, as well as integrated circuits, active electrical cables, and SerDes chiplets. It also provides intellectual property (IP) solutions, including SerDes IP licensing. The company offers was founded in 2008 and is headquartered in Grand Cayman, the Cayman Islands.
Why Investors Should Care
Generates a return on equity of 34.4%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 21.2%.
Net profit has compounded at 166.1% per year over the last five years.
Revenue has grown at a 70.8% CAGR over the past five years.
Maintains a net profit margin of 35.4%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- May 2026 Revenue of $1.34B (+205.7% YoY); net profit $472.28M.
- Trailing 12 Months Year-on-year growth — revenue +157.0%, earnings +343.2%.
- 5-Year Trend Long-term compounding — revenue CAGR 70.8%, profit CAGR 166.1%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 70.77% |
| 1 Year: | 157.00% |
Compounded Profit Growth
| 5 Years: | 166.14% |
| 1 Year: | 343.20% |
Stock Price Performance
| 1 Year: | +40.82% |
| 6 Months: | +55.30% |
| 3 Months: | -17.56% |
| 1 Month: | -25.98% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
AECs (active electrical cables), PAM4 DSPs, optical DSPs for AI clusters.
- AI connectivity (AECs) Credo's Active Electrical Cables and SerDes chiplets provide power-efficient high-speed connections inside AI servers and racks — a fast-ramping franchise.
- Optical DSPs & retimers Credo's connectivity silicon addresses the bandwidth and power bottlenecks of large GPU clusters.
- Hyperscaler design wins Growing adoption by hyperscalers ties Credo's growth to AI-data-centre deployments.
- Explosive growth (~157% revenue) as AI-server connectivity demand scales.
- Already profitable (net margin ~35%, ROE ~34%) — unusual for a hyper-growth chip name.
- Power-efficient AECs are well-suited to power-constrained AI racks.
- High valuation and customer concentration make it volatile.
Curated from public filings and analyst commentary; figures are illustrative.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 34.4%.
- Healthy ROCE of 21.2%.
- Excellent profit margin of 35.4%.
- Compounding revenue at 70.8% over 5 years.
- Profit CAGR of 166.1% over 5 years.
- Generates positive free cash flow.
CONS
- Trading at a high P/E of 68.0.
- Trading 43.6% below its 52-week high.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | CRDO Credo Technology Group Holding Ltd R2KR3KAITECH | 170.57 | 67.96 | $31.81B | 0.00% | 21.21% | 34.41% | 70.77% | 166.14% |
| 2 | NVDA NVIDIA Corporation NDXSPXR3KAITECH | 230.36 | 35.28 | $5.58T | 0.46% | 74.66% | 114.29% | 24.64% | 32.12% |
| 3 | AAPL Apple Inc. NDXSPXR3KTECH | 319.97 | 36.69 | $4.67T | 0.35% | 68.72% | 148.75% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXR3KAITECH | 499.70 | 27.85 | $3.71T | 0.73% | 26.33% | 34.04% | 9.93% | 11.90% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AITECH | 426.34 | 37.46 | $2.21T | 0.91% | 30.20% | 39.97% | 18.94% | 19.57% |
| 6 | AVGO Broadcom Inc. NDXSPXR3KAITECH | 357.90 | 59.55 | $1.70T | 0.62% | 16.70% | 37.28% | 17.04% | 54.08% |
| 7 | MU Micron Technology, Inc. NDXSPXR3KAITECH | 1,016.59 | 22.97 | $1.15T | 0.06% | 13.69% | 66.64% | 13.68% | 26.02% |
| 8 | AMD Advanced Micro Devices, Inc. NDXSPXR3KAITECH | 477.57 | 122.14 | $779.62B | 0.00% | 5.47% | 10.20% | 11.81% | 66.28% |
| 9 | ASML ASML Holding N.V. NDXAITECH | 1,714.88 | 58.49 | $658.69B | 0.53% | 42.97% | 53.94% | 15.55% | 19.55% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Jan 2021 | Jul 2021 | Oct 2021 | Jan 2022 | Jul 2022 | Oct 2022 | Jan 2023 | Jul 2023 | Oct 2023 | Jan 2024 | Aug 2024 | Nov 2024 | Jan 2025 | Feb 2025 | Apr 2025 | Jul 2025 | Aug 2025 | Oct 2025 | Nov 2025 | Jan 2026 | Apr 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 13.46M | 10.72M | 26.43M | 31.80M | 46.47M | 51.37M | 54.27M | 35.09M | 44.03M | 53.06M | 59.71M | 72.03M | - | 135.00M | 170.03M | 223.07M | 223.07M | 268.03M | 268.03M | 407.01M | 437.00M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 55.84M | 72.71M | - | 86.98M | - | 128.14M | 138.94M |
| Gross Profit | 8.07M | 5.18M | 15.95M | 19.11M | 27.66M | 27.96M | 31.99M | 20.79M | 26.12M | 32.56M | 37.28M | 45.51M | - | 85.93M | 114.19M | 150.37M | 150.37M | 181.05M | 181.05M | 278.87M | 298.07M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 79.53M | 89.63M | - | 102.25M | - | 129.25M | 142.22M |
| Operating Income | -4.79M | -11.63M | -3.55M | -451.00K | -218.00K | -1.74M | -2.89M | -14.39M | -8.88M | -5.91M | -14.45M | -8.41M | - | 26.19M | 34.66M | 60.74M | 60.74M | 78.80M | 78.80M | 149.62M | 155.84M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 42.32M | 66.20M | - | 85.36M | - | 156.38M | 172.10M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 37.61M | 64.69M | - | 83.69M | - | 159.08M | 167.98M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02M | 1.29M | - | 1.05M | - | 1.94M | -1.12M |
| Net Income | -5.12M | -12.58M | -4.10M | -144.00K | -73.00K | -3.36M | 2.82M | -11.70M | -6.62M | 428.00K | -9.54M | -4.22M | - | 29.36M | 36.59M | 63.40M | 63.40M | 82.64M | 82.64M | 157.14M | 169.10M |
| Diluted EPS | -0.08 | -0.18 | -0.06 | 0.00 | 0.00 | -0.02 | 0.02 | -0.08 | -0.04 | 0.00 | -0.06 | -0.03 | 0.16 | 0.16 | 0.20 | 0.34 | 0.34 | 0.44 | 0.44 | 0.82 | - |
| R&D Expense | 6.99M | 9.69M | 11.80M | 10.99M | 16.68M | 18.16M | 20.53M | 22.64M | 21.74M | 24.24M | 30.41M | 31.74M | - | 36.26M | - | - | 52.45M | - | 57.92M | 78.48M | - |
Profit & Loss (Annual)
Figures in USD.
| Metric | Apr 2020 | Apr 2021 | Apr 2022 | Apr 2023 | Apr 2024 | May 2025 | May 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 53.84M | 58.70M | 106.48M | 184.19M | 192.97M | 436.77M | 1.34B |
| Gross Profit | 46.11M | 38.28M | 64.02M | 106.19M | 119.43M | 282.91M | 908.35M |
| Operating Income | 2.07M | -25.23M | -21.97M | -21.23M | -37.06M | 37.12M | 445.00M |
| Net Income | 1.33M | -27.51M | -22.18M | -16.55M | -28.37M | 52.18M | 472.28M |
| Diluted EPS | 0.00 | -0.40 | -0.25 | -0.11 | -0.18 | 0.29 | 2.51 |
| R&D Expense | 27.56M | 34.84M | 47.95M | 76.77M | 95.53M | 145.99M | 279.38M |
Balance Sheet (Annual)
Figures in USD.
| Metric | Apr 2019 | Apr 2020 | Apr 2021 | Apr 2022 | Apr 2023 | Apr 2024 | May 2025 | May 2026 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 155.49M | 375.69M | 397.29M | 601.93M | 809.26M | 2.30B |
| Total Equity | -12.82M | -9.41M | -55.43M | 334.16M | 347.63M | 540.20M | 681.58M | 2.06B |
| Cash & Equivalents | - | - | 103.76M | 259.32M | 108.58M | 66.94M | 236.33M | 1.16B |
| Total Liabilities | - | - | 12.96M | 41.53M | 49.65M | 61.73M | 127.67M | 232.01M |
| Current Liabilities | - | - | 12.53M | 26.50M | 31.03M | 44.62M | 107.71M | 197.09M |
Cash Flows (Annual)
Figures in USD.
| Metric | Apr 2020 | Apr 2021 | Apr 2022 | Apr 2023 | Apr 2024 | May 2025 | May 2026 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -10.25M | -42.36M | -30.83M | -24.61M | 32.74M | 65.08M | 464.29M |
| Investing Cash Flow | -8.83M | -6.06M | -17.58M | -130.94M | -249.49M | 111.99M | -253.53M |
| Financing Cash Flow | 61.21M | 77.89M | 204.18M | 4.88M | 175.28M | -7.73M | 717.63M |
| Capital Expenditure | -8.83M | -6.06M | -17.58M | -21.71M | -15.65M | -36.06M | -57.30M |
| Free Cash Flow | -19.09M | -48.42M | -48.41M | -46.33M | 17.09M | 29.02M | 407.00M |
| Share Buybacks | 0 | 22.91M | 0 | 0 | - | - | - |
Ratios (Annual)
Figures in %.
| Metric | Apr 2020 | Apr 2021 | Apr 2022 | Apr 2023 | Apr 2024 | May 2025 | May 2026 |
|---|---|---|---|---|---|---|---|
| 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 Margin % | 2.5% | -46.9% | -20.8% | -9.0% | -14.7% | 11.9% | 35.4% |
| ROE % | -14.1% | 49.6% | -6.6% | -4.8% | -5.3% | 7.7% | 22.9% |
| ROCE % | - | -17.7% | -6.3% | -5.8% | -6.6% | 5.3% | 21.2% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 9.45% | 17.76M | $4.13B |
| 2 | Vanguard Portfolio Management LLC | 4.38% | 8.22M | $1.91B |
| 3 | Vanguard Capital Management LLC | 3.96% | 7.44M | $1.73B |
| 4 | Point72 Asset Management, L.P. | 3.27% | 6.15M | $1.43B |
| 5 | State Street Corporation | 2.25% | 4.22M | $982.46M |
| 6 | Geode Capital Management, LLC | 1.72% | 3.23M | $750.88M |
| 7 | Price (T.Rowe) Associates Inc | 1.42% | 2.66M | $619.02M |
| 8 | Jennison Associates LLC | 1.41% | 2.66M | $618.02M |
| 9 | Srs Investment Management, Llc | 1.37% | 2.57M | $599.05M |
| 10 | Bank of America Corporation | 1.16% | 2.18M | $508.04M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
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CRDO — Frequently Asked Questions
What is the current share price of Credo Technology Group Holding Ltd (CRDO)?
As of 2026-09-07 16:24 PDT, Credo Technology Group Holding Ltd (CRDO) trades at $170.57 on NasdaqGS. Its 52-week range is $87.81 to $302.52.
What is the market capitalisation of CRDO?
Credo Technology Group Holding Ltd (CRDO) has a market capitalisation of $31.81B on NasdaqGS.
What is the P/E ratio of CRDO?
CRDO trades at a trailing price-to-earnings (P/E) ratio of 67.96. The industry average P/E is 32.42. Its price-to-book (P/B) ratio is 22.45.
What is the return on equity (ROE) of CRDO?
CRDO has a return on equity (ROE) of 34.41%. Its return on capital employed (ROCE) is 21.21%.
Is CRDO a good stock to buy?
This page provides a data-driven analysis of Credo Technology Group Holding Ltd (CRDO), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.