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Credo Technology Group Holding Ltd USD

Update

Designs high-speed connectivity semiconductors (SerDes, active electrical cables) for data centers.

Sector: United States — large cap (SEC filings)

US_CRDO

Price chart

259.41 USDDay 3.43%

Key metrics

Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.

Market

Price
259.41 USD · 3.43%
Market cap
44.4 bn USD

Growth

Δ revenue y/y
205.7%
Δ EBITDA y/y
712.1%

Multiples

P/E (LTM)
94.0x
3y avg: 112.6x
P/B (FY)
21.5x
P/E (ann.)
70.6x
EV/EBITDA (LTM)
90.2x
3y avg: 99.6x
EV/EBITDA (ann.)
69.1x

Cash return

Dividend yield
FCF yield (LTM)
2.1%

Value creation

fundamental value/yr, % of market cap
Value created / year

Liquidity

Daily turnover (US listing)
2 bln USD

Shares: yahoo_fundamentals_timeseries/CRDO

🔍 Sanity check — subtotal consistency (Level-1 + Level-2) OK: 1 / Warn: 6 / Err: 7 / Autofix applied: 0
Port of PHP subtotal-total + sign-flip detection logic
PeriodIssues
2023-01-28 Q3Warn 4
2023-04-29 FYErrors 1Warn 1
2023-07-29 Q1Warn 2
2023-10-28 Q2Warn 2
2024-01-27 Q3Warn 3
2024-04-27 FYOK
2024-08-03 Q1Errors 3Warn 2
2024-11-02 Q2Errors 1Warn 1
2025-02-01 Q3Errors 1Warn 1
2025-05-03 FYErrors 1Warn 1
2025-08-02 Q1Errors 5Warn 1
2025-11-01 Q2Warn 1
2026-01-31 Q3Errors 1Warn 1
2026-05-02 FYWarn 4
All checks pass · Has warnings (review) · Has errors (needs fix) · ✓* Autofix applied (see evidence)

Financial dynamics

Monetary columns are in M USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

DatePeriodStatusRevenueM USDOperating profitM USDD&AM USDEBITDAM USDNet profitM USDOperating CFM USDCapex + M&AM USDAssetsM USDEquityM USDROE (annualized)Net debtM USDSource
2026-05-02Q2 2026 (3M)OK437.0
y/y 157.0%
155.8
y/y 361.2%
15.9
y/y 107.1%
171.7
y/y 314.3%
169.1
y/y 362.2%
182.2-4.82295.6
y/y 183.7%
2063.6
y/y 202.8%
24.1%-1160.1Link
2026-01-31Q1 2026 (3M)OK407.0
y/y 201.5%
149.6
y/y 471.2%
6.8
y/y 33.4%
156.4
y/y 400.3%
157.1
y/y 435.2%
166.2-26.52037.3
y/y 183.0%
1848.9
y/y 199.1%
13.4%-1216.8Link
2025-11-01Q4 2025 (3M)OK268.0
y/y 272.1%
78.8
y/y
6.6
y/y 31.7%
85.4
y/y
82.6
y/y
61.7-23.21449.3
y/y 127.0%
1286.1
y/y 126.5%
32.0%-564.0Link
2025-08-02Q3 2025 (3M)OK223.1
y/y 273.6%
60.7
y/y
5.5
y/y 29.0%
66.2
y/y
63.4
y/y
54.2-2.8905.2
y/y 40.4%
781.4
y/y 41.3%
34.7%-216.4Link
2025-05-03Q2 2025 (3M)OK170.0
y/y 179.7%
33.8
y/y 528.7%
7.7
y/y 107.7%
41.4
y/y 1088.0%
36.6
y/y 449.2%
57.8-3.7809.3
y/y 34.4%
681.6
y/y 26.2%
8.0%-233.0Link
2025-02-01Q1 2025 (3M)OK135.0
y/y 154.4%
26.2
y/y
5.1
y/y 47.3%
31.3
y/y
29.4
y/y 6759.8%
4.2-4.6719.9
y/y 21.5%
618.2
y/y 15.8%
6.6%-296.0Link
2024-11-02Q4 2024 (3M)OK72.0
y/y 63.6%
-8.4
y/y
5.0
y/y 34.8%
-3.4
y/y
-4.2
y/y
10.3-21.9638.6
y/y 57.4%
567.9
y/y 62.5%
-3.0%-236.2Link
2024-08-03Q3 2024 (3M)OK59.7
y/y 70.1%
-14.5
y/y
4.2
y/y 43.5%
-10.2
y/y
-9.5
y/y
-7.2-5.9644.9
y/y 63.0%
553.1
y/y 59.2%
-7.0%-100.8Link
2024-04-27Q2 2024 (3M)OK60.8
y/y
-7.9
y/y
3.7
y/y
-4.2
y/y
-10.5
y/y
4.2-3.2601.9
y/y 51.5%
540.2
y/y 55.4%
-5.3%-64.2Link
2024-01-27Q1 2024 (3M)OK53.1
y/y -2.2%
-5.9
y/y
3.4
y/y 51.2%
-2.5
y/y
0.4
y/y -84.8%
-1.0-5.1592.5
y/y 42.0%
534.0
y/y 50.6%
0.1%-93.3Link
2023-10-28Q4 2023 (3M)OK44.0
y/y
-8.9
y/y
3.7
y/y
-5.2
y/y
-6.6
y/y
5.0-2.0405.8
y/y
349.5
y/y
-7.6%-126.4Link
2023-07-29Q3 2023 (3M)OK35.1
y/y
-14.4
y/y
3.0
y/y
-11.4
y/y
-11.7
y/y
24.6-5.3395.7
y/y
347.4
y/y
-13.5%-124.4Link
2023-04-29FY 2023 (12M)OK184.2
y/y
-21.2
y/y
9.5
y/y
-11.7
y/y
-16.5
y/y
-24.6-21.7397.3
y/y
347.6
y/y
-4.7%-106.0Link
2023-01-28Q1 2023 (3M)OK54.3
y/y
-2.9
y/y
2.3
y/y
-0.6
y/y
2.8
y/y
-2.3-6.9417.3
y/y
354.6
y/y
-121.1Link
Data quality No obvious scale, balance-sheet, or cash-flow sanity issues in the displayed periods.

Revenue & EBITDA

RevenueEBITDA

Quarterly values ($ mln)

-50005001 0001 5002023 FY2024 FY2025 FY2026 FY

Year-over-year change

0%100%200%2023 FY2024 FY2025 FY2026 FY

Cash flow

FCF ($ mln)

-300-200-10001002002023 FY2024 FY2025 FY2026 FY

Net debt / cash ($ mln)

-1 250-1 000-750-500-25002023 FY2024 FY2025 FY2026 FY

Revenue growth & acceleration

Growth accelerating ▲
Last-year revenue growth +206% vs +126% the year before — a +79.3 pp move. 3-year CAGR +94%.
revenue growth by year: 2024 +5% · 2025 +126% · 2026 +206%
The growth-acceleration signal behind the GARP+acceleration strategy — it favours companies whose revenue growth is speeding up and flags those slowing down (the second derivative of growth).

Fundamental value creation

Value the company creates per year, as a % of market cap

Value created per year: +5.7%

How this was calculated
1. EBITDA growth (latest quarter YoY, annualised)
[EBITDA latest qtr − EBITDA year-ago qtr] × annualisation X (2026-01-31 vs 2025-02-01)
= (156 − 31) × 1.18
147
2. Current EV/EBITDA (LTM)
(Market cap + Net debt) ÷ EBITDA (LTM)
= (44 403 + -1 160) ÷ 184
30.0x — capped at 30x
3. Target multiple
(Current EV/EBITDA + 12) ÷ 2
= (30.0 + 12) ÷ 2
21.0x
4. Cash flow (balance method, LTM)
Net-debt reduction + dividends + buybacks − equity issuance
= 921 + 0 + 0 − 360
921
4b. Share dilution (at market, LTM)
Share-count growth over the year × Market cap
= 3.4% × 44 403
−1 501
5. Value created per year
(EBITDA growth × Target multiple + Cash flow − Dilution) ÷ Market cap
= (147 × 21.0 + 921 − 1 501) ÷ 44 403
+5.7%

Amounts in millions of the reporting currency. EBITDA growth is the latest quarter vs the same quarter a year ago, annualised.

Caveats:

Dividends

No dividend rows found for this issuer (checked: Yahoo Finance (ex-div)).

Reporting forms detected in loaded periods: (Balance sheet / Profit or loss (P&L) / Cash flows)