Designs high-speed connectivity semiconductors (SerDes, active electrical cables) for data centers.
Sector: United States — large cap (SEC filings)
US_CRDO
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.
Shares: yahoo_fundamentals_timeseries/CRDO
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.
| Date | Period | Status | RevenueM USD | Operating profitM USD | D&AM USD | EBITDAM USD | Net profitM USD | Operating CFM USD | Capex + M&AM USD | AssetsM USD | EquityM USD | ROE (annualized) | Net debtM USD | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-08-01 | Q3 2026 (3M) | OK | 479.0 y/y 114.7% | 120.7 y/y 98.7% | 8.6 y/y 57.5% | 129.3 y/y 95.3% | 129.4 y/y 104.1% | 90.2 | -7.3 | 3012.7 y/y 232.8% | 2728.5 y/y 249.2% | 21.6% | -1035.5 | SEC EDGAR |
| 2026-05-02 | Q2 2026 (3M) | OK | 437.0 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 | -117.7 | 2295.6 y/y 183.7% | 2063.6 y/y 202.8% | 24.1% | -1417.8 | Link |
| 2026-01-31 | Q1 2026 (3M) | OK | 407.0 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 | -26.5 | 2037.3 y/y 183.0% | 1848.9 y/y 199.1% | 40.1% | -1285.2 | Link |
| 2025-11-01 | Q4 2025 (3M) | OK | 268.0 y/y 272.1% | 78.8 y/y — | 6.6 y/y 31.7% | 85.4 y/y — | 82.6 y/y — | 61.7 | -23.2 | 1449.3 y/y 127.0% | 1286.1 y/y 126.5% | 32.0% | -797.1 | Link |
| 2025-08-02 | Q3 2025 (3M) | OK | 223.1 y/y 273.6% | 60.7 y/y — | 5.5 y/y 29.0% | 66.2 y/y — | 63.4 y/y — | 54.2 | -2.8 | 905.2 y/y 40.4% | 781.4 y/y 41.3% | 34.7% | -464.0 | Link |
| 2025-05-03 | Q2 2025 (3M) | OK | 170.0 y/y — | 33.8 y/y — | 7.7 y/y — | 41.4 y/y — | 36.6 y/y — | 57.8 | -3.7 | 809.3 y/y — | 681.6 y/y — | 8.0% | -415.3 | Link |
| 2025-02-01 | Q1 2025 (3M) | OK | 135.0 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 | -4.6 | 719.9 y/y 21.5% | 618.2 y/y 15.8% | 19.8% | -363.1 | Link |
| 2024-11-02 | Q4 2024 (3M) | OK | 72.0 y/y 63.6% | -8.4 y/y — | 5.0 y/y 34.8% | -3.4 y/y — | -4.2 y/y — | 10.3 | -21.9 | 638.6 y/y 57.4% | 567.9 y/y 62.5% | -3.0% | -367.0 | Link |
| 2024-08-03 | Q3 2024 (3M) | OK | 59.7 y/y 70.1% | -14.5 y/y — | 4.2 y/y 43.5% | -10.2 y/y — | -9.5 y/y — | -7.2 | -5.9 | 644.9 y/y 63.0% | 553.1 y/y 59.2% | -7.0% | -382.0 | Link |
| 2024-04-27 | Q2 2024 (3M) | PARTIAL | 60.8 y/y — | -7.9 y/y — | 3.7 y/y — | -4.2 y/y — | -10.5 y/y — | 4.2 | -3.2 | 601.9 y/y — | 540.2 y/y — | -7.8% | -52.5 | stockanalysis.com |
| 2024-01-27 | Q1 2024 (3M) | OK | 53.1 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 | -5.1 | 592.5 y/y 42.0% | 534.0 y/y 50.6% | 0.4% | -394.7 | Link |
| 2023-10-28 | Q4 2023 (3M) | OK | 44.0 y/y — | -8.9 y/y — | 3.7 y/y — | -5.2 y/y — | -6.6 y/y — | 5.0 | -2.0 | 405.8 y/y — | 349.5 y/y — | -7.6% | -226.3 | Link |
| 2023-07-29 | Q3 2023 (3M) | OK | 35.1 y/y — | -14.4 y/y — | 3.0 y/y — | -11.4 y/y — | -11.7 y/y — | 24.6 | -5.3 | 395.7 y/y — | 347.4 y/y — | -13.3% | -222.7 | Link |
| 2023-01-28 | Q1 2023 (3M) | OK | 54.3 y/y — | -2.9 y/y — | 2.3 y/y — | -0.6 y/y — | 2.8 y/y — | -2.3 | -6.9 | 417.3 y/y — | 354.6 y/y — | — | -216.8 | Link |
| Short-term debt (incl. ST leases) | 5 |
| Long-term debt (incl. LT leases) | 21 |
| − Cash & equivalents | 764 |
| Net debt | -738 |
|---|
Net debt / LTM EBITDA: -1.4x
Operating and investing cash flow (OCF + ICF) ($ mln)
Net debt / cash ($ mln)
| year | 2025 | 2026 |
|---|---|---|
| cash flow / profit | 1.25x | 0.98x |
| accruals, % of assets | -1.6% | 0.4% |
Our earnings breakdowns and investment notes on this issuer.
Value the company creates per year, as a % of market cap
Value created per year: +19.9%
| 1. EBITDA growth (latest quarter YoY, annualised) [EBITDA latest qtr − EBITDA year-ago qtr] × annualisation X (2026-08-01 vs 2025-08-02) = (129 − 66) × 4.20 | 265 |
| 2. Current EV/EBITDA (LTM) (Market cap + Net debt) ÷ EBITDA (LTM) = (27 996 + -1 035) ÷ 543 | 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 = 571 + 0 + 0 − 736 | 571 |
| 4b. Share dilution (at market, LTM) Share-count growth over the year × Market cap = 2.0% × 27 996 | −554 |
| 5. Value created per year (EBITDA growth × Target multiple + Cash flow − Dilution) ÷ Market cap = (265 × 21.0 + 571 − 554) ÷ 27 996 | +19.9% |
Amounts in millions of the reporting currency. EBITDA growth is the latest quarter vs the same quarter a year ago, annualised.
Caveats:
Current 42.0x · 3-year 75th pct 155.3x
Group: technology (US). Every peer trades on the same market, so no adjustment is needed.
| Company | Market | Cap, $bn | EV/EBITDA |
|---|---|---|---|
| MICRON TECHNOLOGY INC | US | 1011.3 | 9.0x |
| ORACLE CORP | US | 395.1 | 15.6x |
| Dell Technologies Inc. | US | 276.5 | 17.4x |
| INTERNATIONAL BUSINESS MACHINES CORP | US | 244.6 | 19.1x |
| MICROSOFT CORP | US | 3889.8 | 19.4x |
| NVIDIA CORP | US | 4973.6 | 24.8x |
| INTEL CORP | US | 328.4 | 25.2x |
| TEXAS INSTRUMENTS INC | US | 274.7 | 26.2x |
| CISCO SYSTEMS, INC. | US | 412.4 | 26.6x |
| Broadcom Inc. | US | 1582.5 | 29.0x |
| Apple Inc. | US | 5091.3 | 29.8x |
| Arista Networks, Inc. | US | 215.4 | 45.9x |
| Group median | 25.0x | ||
| Group average | 24.0x | ||
| This company | US | 28.0 | 49.7x |
Group median 25.0x; this company 49.7x — a 99% premium.
Group average 24.0x; against the average this company is at a 107% premium.
At the adjusted group median the market cap would be -48% versus today.
The gap and the implied upside are measured against the median: one richly priced peer moves an average, not a median. The market adjustment uses our coverage medians (US 19.4x, Russia 3.8x, South Africa 5.2x, Kazakhstan 6.2x, India 17.7x, Indonesia 4.2x); it is about where a name is listed, not what it does. Peer multiples come from the nightly rebuild of 2026-10-31; the company's own is live.
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)
Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of Credo Technology Group Holding Ltd (CRDO) — from primary filings.
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