Credo Technology CRDO
- Market cap
- $27.7B
- PE
- 52.4×
- 1y median 110×
- Forward PE
- 20.2×
- 5y median 45.0×
- Price to sales
- 17.4×
- EV/EBIT
- 53.4×
- Revenue, 12 months
- $1.6B
- +165% on a year ago
- Net margin
- 33.8%
- Free cash flow yield
- 1.6%
Credo Technology trades at 52.4× trailing earnings, cheaper than 100% of the last ten years. Revenue was $1.6B over the last twelve months, up 165% on a year earlier with a 34% net margin.
Charts
Financials
| Income statement | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $44M−14% | $53.1M−2% | $60.8M+89% | $59.7M+70% | $72M+64% | $135M+154% | $170M+180% | $223.1M+274% | $268M+272% | $407M+202% | $437M+157% | $479M+115% | |
| Cost of revenue | $17.9M−24% | $20.5M−8% | $20.8M+54% | $22.4M+57% | $26.5M+48% | $49.1M+139% | $55.8M+168% | $72.7M+224% | $87M+228% | $128.1M+161% | $138.9M+149% | $169.9M+134% |
| Gross profit | $26.1M−7% | $32.6M+2% | $40M+115% | $37.3M+79% | $45.5M+74% | $85.9M+164% | $114.2M+186% | $150.4M+303% | $181M+298% | $278.9M+225% | $298.1M+161% | $309.1M+106% |
| R&D | $21.7M+20% | $24.2M+18% | $26.9M+26% | $30.4M+34% | $31.7M+46% | $36.3M+50% | $48.5M+80% | $52.4M+73% | $57.9M+83% | $78.5M+116% | $90.5M+87% | $114.5M+118% |
| SG&A | $13.3M+15% | $14.2M+19% | $20.2M+49% | $21.3M+70% | $22.2M+67% | $23.5M+65% | $31.9M+58% | $37.2M+74% | $44.3M+100% | $50.8M+116% | $51.7M+62% | $73.9M+99% |
| −$8.9M+410% | −$5.9M+105% | −$7.9M−52% | −$14.5M+0% | −$8.4M−5% | $26.2M | $33.8M | $60.7M | $78.8M | $149.6M+471% | $155.8M+361% | $120.7M+99% | |
| Pre-tax income | −$6.2M+154% | −$1.6M+355% | −$2.7M−82% | −$8.9M−27% | −$3.9M−36% | $30.1M | $37.6M | $64.7M | $83.7M | $159.1M+428% | $168M+347% | $128.8M+99% |
| $450K−52% | −$2M−36% | $7.8M+522% | $622K | $292K−35% | $752K | $1M−87% | $1.3M+107% | $1M+259% | $1.9M+158% | −$1.1M | −$585K | |
| Net income | −$6.6M+97% | $428K−85% | −$10.5M−34% | −$9.5M−18% | −$4.2M−36% | $29.4M+6760% | $36.6M | $63.4M | $82.6M | $157.1M+435% | $169.1M+362% | $129.4M+104% |
| −$0.04+100% | $0.00 | −$0.06−46% | −$0.06−25% | −$0.03−25% | $0.16 | $0.20 | $0.34 | $0.44 | $0.82+413% | $0.88+340% | $0.67+97% | |
| 150.2M+3% | 167.2M+7% | 164.2M+11% | 165.1M+11% | 166.5M+11% | 182.5M+9% | 183.2M+12% | 184.6M+12% | 187.7M+13% | 192M+5% | 193.1M+5% | 194.4M+5% |
EPS, diluted: 6 periods, Q4 FY21 to Q4 FY26: quarter's net income to common over its shares, to the cent.
Diluted shares: 4 periods, Q4 FY21 to Q4 FY24: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. Q4 FY25 and Q4 FY26: share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q2 FY27 | $531.8M | $531.8M to $532M | $1.29 | $1.22 to $1.32 | 12 |
| Q3 FY27 | $645.8M | $628.6M to $692.3M | $1.61 | $1.53 to $1.70 | 11 |
| Q4 FY27 | $838.5M | $822M to $894M | $2.18 | $2.13 to $2.37 | 4 |
| Q1 FY28 | $871.4M | $854.3M to $929.2M | $2.20 | $2.15 to $2.39 | 7 |
| Q2 FY28 | $920.7M | $902.6M to $981.7M | $2.33 | $2.27 to $2.53 | 4 |
| Q3 FY28 | $983.1M | $963.8M to $1B | $2.48 | $2.41 to $2.69 | 5 |
| Q4 FY28 | $1B | $1B to $1.1B | $2.59 | $2.52 to $2.81 | 5 |
| Q1 FY29 | $1.1B | $1.1B to $1.2B | $2.80 | $2.73 to $3.04 | 9 |
Peers
Companies in Semiconductors nearest Credo Technology's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| CRDOCredo Technology | $27.7B | 52.4× | 110× | 20.2× | 17.4× | +165% | 33.8% |
| ONON Semiconductor | $28.1B | 46.3× | 23.4× | 18.7× | 4.5× | −3% | 10.2% |
| QQnity Electronics | $23B | 39.4× | 45.0× | 22.5× | 4.4× | +15% | 11.2% |
| ENTGEntegris | $20.6B | 67.6× | 42.9× | 30.0× | 6.2× | +3% | 9.2% |
| MCHPMicrochip Technology | $40.2B | 111× | 58.2× | 18.8× | 7.8× | +21% | 9.3% |
| MTSIMACOM Technology Solutions | $18B | 75.5× | 83.2× | 28.6× | 15.5× | +28% | 20.7% |
| ALABAstera Labs | $44.6B | 127× | 173× | 45.4× | 37.1× | +98% | 30.7% |
| TERTeradyne | $48.3B | 42.4× | 28.4× | 31.3× | 10.8× | +58% | 25.8% |
| MPWRMonolithic Power Systems | $56B | 69.8× | 74.4× | 35.1× | 17.1× | +29% | 24.5% |
| LSCCLattice Semiconductor | $13.7B | 370× | 86.4× | n/m | 21.0× | +33% | 5.6% |
| NXPINXP Semiconductors | $59.2B | 20.0× | 22.5× | 14.1× | 4.5× | +9% | 22.6% |
| Peer median | $34.2B | 68.7× | 51.6× | 28.6× | 9.3× | +25% | 16.0% |
Investors who own it
Investors we follow who held Credo Technology at the end of Jun 30, 2026, from their 13F filings.
- Gavin BakerAtreides Management2.8% of portfolioadded
- Lee AinslieMaverick Capital0.0% of portfolionew
More on Credo Technology
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #4of 433Technology stocks with the fastest revenue growth
- #2of 74Semiconductor stocks with the fastest revenue growth
- #6of 97Technology stocks with the fastest expected revenue growth
- #6of 75Semiconductor stocks with the highest profit margins
- #3of 23Semiconductor stocks with the fastest expected revenue growth
- #5of 22Semiconductor stocks with the lowest PEG ratio
- #9of 23Semiconductor stocks with the lowest forward PE
Its groups
About
- Industry
- Semiconductors
- Sector
- Technology
Valuation data, not investment advice. Prices as of .