# Credo Technology Group Holding Ltd. (CRDO)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $47.96B  
**Price:** $264.76 (+11.39%)

> Credo Technology Group Holding Ltd. is a semiconductor company that develops high-speed connectivity solutions for the global data infrastructure market. The company focuses on enabling efficient, reliable data transmission for applications such as optical and electrical Ethernet and PCI Express used in data centers, cloud computing, and high-performance computing environments. Credo Technology Group Holding Ltd. offers a portfolio that includes integrated circuits, HiWire active electrical cables, optical PAM4 digital signal processors, low-power line card PHY devices, serializer/deserializer (SerDes) chiplets, and SerDes intellectual property licensing. It also provides PCIe retimer solutions, predictive integrity link optimization, telemetry capabilities, and related support, engineering, and royalty services. The company serves hyperscale cloud providers, original equipment and design manufacturers, and optical module manufacturers, supplying components that support growing bandwidth and power-efficiency demands in modern networks. Founded in 2008 and headquartered in Grand Cayman, Cayman Islands, Credo Technology Group Holding Ltd. operates across key technology regions, including the United States, Mainland China, Taiwan, and Hong Kong.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $437M | $283M | $37M | $52M | — |
| 2024 | $193M | $119M | -$37M | -$28M | — |
| 2023 | $184M | $106M | -$21M | -$17M | — |
| 2022 | $106M | $64M | -$22M | -$22M | — |
| 2021 | $59M | $38M | -$25M | -$28M | — |
| 2020 | $54M | $46M | $2M | $1M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $809M | $128M | $682M | $236M | — |
| 2024 | $602M | $62M | $540M | $67M | — |
| 2023 | $397M | $50M | $348M | $109M | — |
| 2022 | $376M | $42M | $334M | $259M | — |
| 2021 | $155M | $13M | -$55M | $104M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $65M | $36M | $29M |
| 2024 | $33M | $16M | $17M |
| 2023 | -$25M | $22M | -$46M |
| 2022 | -$31M | $18M | -$48M |
| 2021 | -$42M | $6M | -$48M |
| 2020 | -$10M | $9M | -$19M |

Source: [CompaniesByCap](https://companiesbycap.com/company/CRDO)