Free Trial

Credo Technology Group (CRDO) Financials

Credo Technology Group logo
$39.18 +0.08 (+0.20%)
Closing price 04:00 PM Eastern
Extended Trading
$37.62 -1.56 (-3.98%)
As of 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for Credo Technology Group

Annual Income Statements for Credo Technology Group

This table shows Credo Technology Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
0.00 -28 -22 -17 -28
Consolidated Net Income / (Loss)
1.33 -28 -22 -17 -28
Net Income / (Loss) Continuing Operations
1.33 -28 -22 -17 -28
Total Pre-Tax Income
2.10 -25 -22 -18 -23
Total Operating Income
2.07 -25 -22 -21 -37
Total Gross Profit
46 38 64 106 119
Total Revenue
54 59 106 184 193
Operating Revenue
54 59 106 184 193
Total Cost of Revenue
7.73 20 42 78 74
Operating Cost of Revenue
- 20 42 78 74
Total Operating Expenses
44 64 86 127 156
Selling, General & Admin Expense
16 29 35 48 60
Research & Development Expense
28 35 48 77 96
Impairment Charge
0.00 0.00 3.13 2.41 0.77
Total Other Income / (Expense), net
0.02 -0.06 -0.25 3.32 14
Other Income / (Expense), net
0.02 -0.06 -0.25 3.32 14
Income Tax Expense
0.77 2.22 -0.04 -1.37 5.62
Basic Earnings per Share
$0.00 ($0.40) ($0.25) ($0.11) ($0.18)
Weighted Average Basic Shares Outstanding
71.73M 69.10M 88.40M 146.56M 155.09M
Diluted Earnings per Share
$0.00 ($0.40) ($0.25) ($0.11) ($0.18)
Weighted Average Diluted Shares Outstanding
71.73M 69.10M 88.40M 146.56M 155.09M
Weighted Average Basic & Diluted Shares Outstanding
- - 145.30M 149.08M 165.19M

Quarterly Income Statements for Credo Technology Group

This table shows Credo Technology Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025
Net Income / (Loss) Attributable to Common Shareholders
-0.07 -3.36 2.82 -16 -12 -6.62 0.43 -10 -9.54 -4.23 29
Consolidated Net Income / (Loss)
-0.07 -3.36 2.82 -16 -12 -6.62 0.43 -10 -9.54 -4.23 29
Net Income / (Loss) Continuing Operations
-0.07 -3.36 2.82 -16 -12 -6.62 0.43 -10 -9.54 -4.23 29
Total Pre-Tax Income
-0.44 -2.43 -0.36 -15 -12 -6.17 -1.62 -2.72 -8.92 -3.93 30
Total Operating Income
-0.22 -1.74 -2.89 -16 -14 -8.88 -5.91 -7.88 -14 -8.41 26
Total Gross Profit
28 28 32 19 21 26 33 40 37 46 86
Total Revenue
46 51 54 32 35 44 53 61 60 72 135
Operating Revenue
46 51 54 32 35 44 53 61 60 72 135
Total Cost of Revenue
19 23 22 14 14 18 21 21 22 27 49
Operating Cost of Revenue
19 23 22 14 14 18 21 21 22 27 49
Total Operating Expenses
28 30 35 35 35 35 38 48 52 54 60
Selling, General & Admin Expense
11 12 12 14 13 13 14 20 21 22 23
Research & Development Expense
17 18 21 21 23 22 24 27 30 32 36
Total Other Income / (Expense), net
-0.22 -0.69 2.53 1.70 2.16 2.70 4.29 5.16 5.53 4.47 3.92
Other Income / (Expense), net
-0.22 -0.69 2.53 1.70 2.16 2.70 4.29 5.16 5.53 4.47 3.92
Income Tax Expense
-0.37 0.93 -3.18 1.25 -0.54 0.45 -2.05 7.76 0.62 0.29 0.75
Basic Earnings per Share
$0.00 ($0.02) $0.02 ($0.11) ($0.08) ($0.04) $0.00 ($0.06) ($0.06) ($0.03) $0.17
Weighted Average Basic Shares Outstanding
145.08M 146.01M 146.91M 146.56M 149.28M 150.23M 157.16M 155.09M 165.14M 166.49M 168.17M
Diluted Earnings per Share
$0.00 ($0.02) $0.02 ($0.11) ($0.08) ($0.04) $0.00 ($0.06) ($0.06) ($0.03) $0.16
Weighted Average Diluted Shares Outstanding
145.08M 146.01M 156.52M 146.56M 149.28M 150.23M 167.16M 155.09M 165.14M 166.49M 182.46M
Weighted Average Basic & Diluted Shares Outstanding
145.68M 146.76M 147.99M 149.08M 150.03M 150.66M 163.29M 165.19M 166.06M 167.24M 169.80M

Annual Cash Flow Statements for Credo Technology Group

This table details how cash moves in and out of Credo Technology Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
42 30 156 -151 -42
Net Cash From Operating Activities
-10 -42 -31 -25 33
Net Cash From Continuing Operating Activities
-10 -42 -31 -25 33
Net Income / (Loss) Continuing Operations
1.33 -28 -22 -17 -28
Consolidated Net Income / (Loss)
1.33 -28 -22 -17 -28
Depreciation Expense
1.81 2.22 4.79 9.51 14
Non-Cash Adjustments To Reconcile Net Income
1.40 1.60 11 34 36
Changes in Operating Assets and Liabilities, net
-15 -19 -25 -52 11
Net Cash From Investing Activities
-8.83 -6.06 -18 -131 -249
Net Cash From Continuing Investing Activities
-8.83 -6.06 -18 -131 -249
Purchase of Property, Plant & Equipment
-8.83 -6.06 -18 -22 -16
Purchase of Investments
- 0.00 0.00 -159 -404
Sale and/or Maturity of Investments
- 0.00 0.00 50 170
Net Cash From Financing Activities
61 78 204 4.89 175
Net Cash From Continuing Financing Activities
61 78 204 4.89 175
Issuance of Preferred Equity
60 99 7.25 0.00 0.00
Issuance of Common Equity
0.00 0.00 194 0.00 173
Other Financing Activities, net
0.72 1.45 2.73 4.89 1.85
Effect of Exchange Rate Changes
0.03 0.38 -0.20 -0.07 -0.17
Cash Income Taxes Paid
0.60 1.22 0.43 1.20 1.05

Quarterly Cash Flow Statements for Credo Technology Group

This table details how cash moves in and out of Credo Technology Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025
Net Change in Cash & Equivalents
-16 -53 -67 -15 18 1.94 -33 -29 37 135 60
Net Cash From Operating Activities
-12 1.76 -2.31 -12 25 5.01 -1.04 4.16 -7.24 10 4.21
Net Cash From Continuing Operating Activities
-12 1.76 -2.31 -12 25 5.01 -1.04 4.16 -7.24 10 4.21
Net Income / (Loss) Continuing Operations
-0.07 -3.36 2.82 -16 -12 -6.62 0.43 -10 -9.54 -4.23 29
Consolidated Net Income / (Loss)
-0.07 -3.36 2.82 -16 -12 -6.62 0.43 -10 -9.54 -4.23 29
Depreciation Expense
1.64 2.62 2.27 2.98 2.95 3.70 3.44 3.69 4.23 4.99 5.06
Non-Cash Adjustments To Reconcile Net Income
11 4.92 -2.99 22 9.98 5.03 3.46 17 17 26 32
Changes in Operating Assets and Liabilities, net
-25 -2.43 -4.42 -21 23 2.90 -8.36 -6.53 -19 -17 -62
Net Cash From Investing Activities
-5.26 -56 -66 -3.90 -6.61 -3.05 -207 -33 42 129 59
Net Cash From Continuing Investing Activities
-5.26 -56 -66 -3.90 -6.61 -3.05 -207 -33 42 129 59
Purchase of Property, Plant & Equipment
-5.26 -5.67 -6.89 -3.90 -5.31 -2.05 -5.10 -3.20 -5.86 -22 -4.60
Sale and/or Maturity of Investments
0.00 - - 50 59 50 61 - 162 151 64
Net Cash From Financing Activities
1.98 0.75 1.56 0.60 0.53 0.13 175 0.01 1.60 -4.03 -3.33
Net Cash From Continuing Financing Activities
1.98 0.75 1.56 0.60 0.53 0.13 175 0.01 1.60 -4.03 -3.33
Issuance of Common Equity
1.98 0.75 1.87 -4.60 3.44 0.64 176 -4.89 3.51 0.87 2.41
Other Financing Activities, net
0.00 - -0.31 5.19 -2.91 -0.51 -0.99 4.90 -1.91 -4.90 -5.75
Effect of Exchange Rate Changes
-0.04 -0.08 0.11 -0.06 -0.07 -0.15 0.15 -0.10 0.11 0.03 -0.03

Annual Balance Sheets for Credo Technology Group

This table presents Credo Technology Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024
Total Assets
155 376 397 602
Total Current Assets
138 332 328 530
Cash & Equivalents
104 259 109 67
Short-Term Investments
- 0.00 109 343
Accounts Receivable
14 30 50 60
Inventories, net
7.10 27 46 26
Prepaid Expenses
8.73 5.92 5.41 13
Other Current Assets
4.56 10 9.45 22
Plant, Property, & Equipment, net
14 22 40 44
Total Noncurrent Assets
3.46 22 29 28
Other Noncurrent Operating Assets
3.46 22 29 28
Total Liabilities & Shareholders' Equity
155 376 397 602
Total Liabilities
13 42 50 62
Total Current Liabilities
13 26 31 45
Accounts Payable
6.87 21 21 32
Current Deferred Revenue
4.12 1.23 4.04 3.90
Current Employee Benefit Liabilities
1.55 4.71 6.47 9.00
Total Noncurrent Liabilities
0.42 15 19 17
Other Noncurrent Operating Liabilities
0.42 15 19 17
Commitments & Contingencies
0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
-55 334 348 540
Total Preferred & Common Equity
-55 334 348 540
Total Common Equity
-55 334 348 540
Common Stock
13 425 455 676
Retained Earnings
-68 -90 -107 -135
Accumulated Other Comprehensive Income / (Loss)
0.23 0.02 -0.19 -0.52

Quarterly Balance Sheets for Credo Technology Group

This table presents Credo Technology Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025
Total Assets
334 406 414 417 396 406 592 645 639 720
Total Current Assets
302 346 350 350 321 328 511 542 538 619
Cash & Equivalents
241 244 191 124 127 129 96 104 239 299
Short-Term Investments
- - 50 109 111 112 313 295 144 80
Accounts Receivable
22 55 52 43 28 33 45 72 82 157
Inventories, net
26 37 48 50 41 36 32 32 36 53
Prepaid Expenses
3.65 4.38 3.23 4.28 6.27 7.28 8.13 16 17 16
Other Current Assets
9.80 6.03 6.43 19 8.05 12 18 24 20 14
Plant, Property, & Equipment, net
24 38 41 39 44 45 45 70 68 68
Total Noncurrent Assets
8.80 21 24 28 31 33 36 32 32 33
Other Noncurrent Operating Assets
8.80 21 24 28 31 33 36 32 32 33
Total Liabilities & Shareholders' Equity
334 406 414 417 396 406 592 645 639 720
Total Liabilities
29 64 70 63 48 56 58 92 71 102
Total Current Liabilities
26 43 49 43 31 37 40 69 50 81
Accounts Payable
17 37 43 36 23 28 29 59 38 70
Current Deferred Revenue
6.18 3.00 1.39 3.54 3.28 4.83 4.72 2.92 2.05 1.39
Current Employee Benefit Liabilities
2.32 2.93 5.37 3.37 4.93 4.90 6.91 7.81 9.18 9.24
Total Noncurrent Liabilities
2.70 21 20 19 17 19 18 22 21 21
Other Noncurrent Operating Liabilities
2.70 21 20 19 17 19 18 22 21 21
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
306 342 344 355 347 350 534 553 568 618
Total Preferred & Common Equity
306 342 344 355 347 350 534 553 568 618
Total Common Equity
306 342 344 355 347 350 534 553 568 618
Common Stock
391 432 438 446 466 475 659 698 717 738
Retained Earnings
-85 -91 -94 -91 -119 -125 -125 -145 -149 -120
Accumulated Other Comprehensive Income / (Loss)
0.02 -0.07 -0.39 -0.07 -0.35 -0.58 -0.34 -0.38 -0.31 -0.40

Annual Metrics and Ratios for Credo Technology Group

This table displays calculated financial ratios and metrics derived from Credo Technology Group's official financial filings.

Metric 2020 2021 2022 2023 2024
Growth Metrics
- - - - -
Revenue Growth
0.00% 9.03% 81.40% 72.99% 4.76%
EBITDA Growth
0.00% -690.53% 24.52% 51.78% -6.83%
EBIT Growth
0.00% -1,307.45% 12.19% 19.35% -26.97%
NOPAT Growth
0.00% -1,444.51% 12.94% 3.34% -74.51%
Net Income Growth
0.00% -2,170.05% 19.39% 25.38% -71.45%
EPS Growth
0.00% 0.00% 37.50% 56.00% -63.64%
Operating Cash Flow Growth
0.00% -313.16% 27.22% 20.16% 233.00%
Free Cash Flow Firm Growth
0.00% 0.00% 8.86% -35.78% 62.33%
Invested Capital Growth
0.00% 0.00% 93.00% 73.47% 0.29%
Revenue Q/Q Growth
0.00% 0.00% 0.00% -2.87% 17.47%
EBITDA Q/Q Growth
0.00% 0.00% 0.00% -403.30% 58.55%
EBIT Q/Q Growth
0.00% 0.00% 0.00% -84.05% 34.48%
NOPAT Q/Q Growth
0.00% 0.00% 0.00% -90.01% 18.68%
Net Income Q/Q Growth
0.00% 0.00% 0.00% -177.40% 16.14%
EPS Q/Q Growth
0.00% 0.00% 0.00% -1,000.00% 21.74%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 31.03% -136.32% 95.55%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00% 25.23%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% 6.81% 4.30%
Profitability Metrics
- - - - -
Gross Margin
85.64% 65.21% 60.12% 57.65% 61.89%
EBITDA Margin
7.26% -39.32% -16.36% -4.56% -4.65%
Operating Margin
3.85% -42.99% -20.63% -11.53% -19.20%
EBIT Margin
3.89% -43.10% -20.86% -9.73% -11.79%
Profit (Net Income) Margin
2.47% -46.87% -20.83% -8.98% -14.70%
Tax Burden Percent
63.44% 108.76% 99.83% 92.37% 124.73%
Interest Burden Percent
100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate
36.56% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
0.00% -91.10% -27.07% -14.53% -19.95%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% -72.12% -23.32% -13.82% -19.18%
Return on Net Nonoperating Assets (RNNOA)
0.00% 52.50% 17.76% 9.67% 13.56%
Return on Equity (ROE)
0.00% -38.60% -9.30% -4.85% -6.39%
Cash Return on Invested Capital (CROIC)
0.00% -291.10% -90.55% -68.26% -20.24%
Operating Return on Assets (OROA)
0.00% -16.27% -8.36% -4.64% -4.55%
Return on Assets (ROA)
0.00% -17.69% -8.35% -4.28% -5.68%
Return on Common Equity (ROCE)
0.00% 15.01% -5.44% -4.85% -6.39%
Return on Equity Simple (ROE_SIMPLE)
0.00% 49.63% -6.64% -4.76% -5.25%
Net Operating Profit after Tax (NOPAT)
1.31 -18 -15 -15 -26
NOPAT Margin
2.44% -30.09% -14.44% -8.07% -13.44%
Net Nonoperating Expense Percent (NNEP)
0.00% -18.98% -3.74% -0.71% -0.77%
Cost of Revenue to Revenue
14.36% 34.79% 39.88% 42.35% 38.11%
SG&A Expenses to Revenue
30.60% 48.84% 32.78% 26.19% 31.19%
R&D to Revenue
51.20% 59.36% 45.03% 41.68% 49.51%
Operating Expenses to Revenue
81.80% 108.20% 80.75% 69.18% 81.10%
Earnings before Interest and Taxes (EBIT)
2.10 -25 -22 -18 -23
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
3.91 -23 -17 -8.40 -8.97
Valuation Ratios
- - - - -
Price to Book Value (P/BV)
0.00 0.00 4.78 3.45 5.61
Price to Tangible Book Value (P/TBV)
0.00 0.00 4.78 3.45 5.61
Price to Revenue (P/Rev)
3.72 3.41 15.01 6.52 15.71
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.00 7.59 17.90 7.57 20.13
Enterprise Value to Revenue (EV/Rev)
0.00 5.01 12.58 5.33 13.58
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00 80.05
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00
Financial Leverage
0.00 -0.73 -0.76 -0.70 -0.71
Leverage Ratio
0.00 1.09 1.11 1.13 1.13
Compound Leverage Factor
0.00 1.09 1.11 1.13 1.13
Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 138.89% 0.00% 0.00% 0.00%
Common Equity to Total Capital
0.00% -38.89% 100.00% 100.00% 100.00%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA
0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00
Debt to NOPAT
0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT
0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00
Altman Z-Score
0.00 9.46 23.83 15.34 30.30
Noncontrolling Interest Sharing Ratio
0.00% 138.89% 41.53% 0.00% 0.00%
Liquidity Ratios
- - - - -
Current Ratio
0.00 11.00 12.54 10.58 11.88
Quick Ratio
0.00 9.37 10.90 8.62 10.53
Cash Flow Metrics
- - - - -
Free Cash Flow to Firm (FCFF)
0.00 -56 -51 -70 -26
Operating Cash Flow to CapEx
-116.09% -699.49% -175.38% -113.37% 209.16%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - -
Asset Turnover
0.00 0.38 0.40 0.48 0.39
Accounts Receivable Turnover
0.00 4.30 4.93 4.66 3.53
Inventory Turnover
0.00 2.87 2.47 2.13 2.04
Fixed Asset Turnover
0.00 4.12 5.90 5.94 4.60
Accounts Payable Turnover
0.00 2.97 3.10 3.80 2.82
Days Sales Outstanding (DSO)
0.00 84.85 73.99 78.34 103.28
Days Inventory Outstanding (DIO)
0.00 126.99 148.03 171.64 178.51
Days Payable Outstanding (DPO)
0.00 122.75 117.84 96.10 129.64
Cash Conversion Cycle (CCC)
0.00 89.09 104.18 153.89 152.14
Capital & Investment Metrics
- - - - -
Invested Capital
0.00 39 75 130 130
Invested Capital Turnover
0.00 3.03 1.87 1.80 1.48
Increase / (Decrease) in Invested Capital
0.00 39 36 55 0.37
Enterprise Value (EV)
0.00 294 1,339 982 2,621
Market Capitalization
200 200 1,599 1,200 3,031
Book Value per Share
$0.00 ($0.80) $2.31 $2.37 $3.31
Tangible Book Value per Share
$0.00 ($0.80) $2.31 $2.37 $3.31
Total Capital
0.00 143 334 348 540
Total Debt
0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00
Net Debt
0.00 -104 -259 -218 -410
Capital Expenditures (CapEx)
8.83 6.06 18 22 16
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 22 46 79 76
Debt-free Net Working Capital (DFNWC)
0.00 125 306 297 486
Net Working Capital (NWC)
0.00 125 306 297 486
Net Nonoperating Expense (NNE)
-0.02 9.85 6.80 1.68 2.43
Net Nonoperating Obligations (NNO)
0.00 -104 -259 -218 -410
Total Depreciation and Amortization (D&A)
1.81 2.22 4.79 9.51 14
Debt-free, Cash-free Net Working Capital to Revenue
0.00% 36.65% 43.54% 43.10% 39.20%
Debt-free Net Working Capital to Revenue
0.00% 213.41% 287.09% 161.35% 251.67%
Net Working Capital to Revenue
0.00% 213.41% 287.09% 161.35% 251.67%
Earnings Adjustments
- - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 ($0.25) ($0.11) ($0.18)
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 88.40M 146.56M 155.09M
Adjusted Diluted Earnings per Share
$0.00 $0.00 ($0.25) ($0.11) ($0.18)
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 88.40M 146.56M 155.09M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 145.30M 149.08M 165.19M
Normalized Net Operating Profit after Tax (NOPAT)
1.31 -18 -13 -13 -25
Normalized NOPAT Margin
2.44% -30.09% -12.38% -7.16% -13.17%
Pre Tax Income Margin
3.89% -43.10% -20.86% -9.73% -11.79%
Debt Service Ratios
- - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% -83.27% 0.00% 0.00% 0.00%

Quarterly Metrics and Ratios for Credo Technology Group

This table displays calculated financial ratios and metrics derived from Credo Technology Group's official financial filings.

Metric Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025
Growth Metrics
- - - - - - - - - - -
Revenue Growth
333.30% 94.38% 70.66% -14.49% -24.47% -14.28% -2.23% 89.42% 70.15% 63.58% 154.44%
EBITDA Growth
111.08% 108.16% 162.24% -135.24% -874.96% -1,382.38% -5.22% 108.27% 49.54% 142.51% 1,835.88%
EBIT Growth
96.25% 30.52% 32.96% -125.71% -2,693.15% -153.93% -355.06% 81.50% 27.10% 36.29% 1,958.77%
NOPAT Growth
98.13% 51.07% -539.91% -158.83% -6,501.38% -410.35% -104.82% 51.92% -0.42% 5.27% 717.25%
Net Income Growth
99.42% 18.05% 2,060.42% -197.61% -15,923.29% -97.11% -84.84% 34.26% 18.44% 36.21% 6,759.81%
EPS Growth
100.00% 66.67% 0.00% -1,000.00% 0.00% -100.00% -100.00% 45.45% 25.00% 25.00% 0.00%
Operating Cash Flow Growth
-36.54% 106.77% -233.99% -601.65% 301.39% 185.03% 55.23% 135.11% -129.41% 105.37% 506.56%
Free Cash Flow Firm Growth
0.00% 0.00% 10.80% 0.00% 77.80% 88.85% 87.28% 91.14% -150.83% -599.98% -1,093.28%
Invested Capital Growth
0.00% 0.00% 86.53% 73.47% 11.97% 5.29% 2.71% 0.29% 40.61% 69.63% 91.47%
Revenue Q/Q Growth
23.83% 10.55% 5.65% -40.87% 9.37% 25.47% 20.49% 14.56% -1.76% 20.63% 87.41%
EBITDA Q/Q Growth
124.07% -83.89% 893.26% -710.75% 20.70% 73.34% 173.41% -46.73% -583.99% 122.45% 3,243.63%
EBIT Q/Q Growth
93.27% -455.02% 85.36% -4,026.12% 16.71% 49.54% 73.76% -67.78% -228.11% 55.90% 865.62%
NOPAT Q/Q Growth
96.56% -697.71% -65.96% -467.98% 12.21% 38.33% 33.40% -33.33% -83.37% 41.82% 533.99%
Net Income Q/Q Growth
98.64% -4,502.74% 184.02% -664.54% 26.60% 43.38% 106.46% -2,547.90% 8.94% 55.71% 794.91%
EPS Q/Q Growth
100.00% 0.00% 200.00% -650.00% 27.27% 50.00% 100.00% 0.00% 0.00% 50.00% 633.33%
Operating Cash Flow Q/Q Growth
-617.75% 114.38% -231.70% -411.62% 307.86% -79.65% -120.69% 501.25% -274.07% 242.14% -59.05%
Free Cash Flow Firm Q/Q Growth
0.00% -6.62% 44.26% -13.79% 67.17% 46.44% 36.43% 20.74% -829.61% -49.46% -8.36%
Invested Capital Q/Q Growth
31.11% 5.54% 17.36% 6.81% -15.37% -0.76% 14.49% 4.30% 18.66% 19.72% 29.23%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
59.53% 54.43% 58.94% 57.92% 59.24% 59.31% 61.36% 65.75% 62.44% 63.18% 63.65%
EBITDA Margin
2.58% 0.38% 3.53% -36.49% -26.45% -5.62% 3.42% 1.59% -7.85% 1.46% 26.06%
Operating Margin
-0.47% -3.39% -5.32% -51.08% -41.01% -20.15% -11.14% -12.97% -24.20% -11.67% 19.40%
EBIT Margin
-0.94% -4.73% -0.66% -45.78% -34.86% -14.02% -3.05% -4.47% -14.93% -5.46% 22.30%
Profit (Net Income) Margin
-0.16% -6.54% 5.20% -49.67% -33.33% -15.04% 0.81% -17.24% -15.98% -5.87% 21.75%
Tax Burden Percent
16.67% 138.21% -792.98% 108.50% 95.61% 107.29% -26.42% 385.47% 106.97% 107.42% 97.50%
Interest Burden Percent
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.50%
Return on Invested Capital (ROIC)
-0.95% -7.65% -7.56% -64.36% -47.70% -21.96% -10.40% -13.47% -27.89% -13.65% 34.06%
ROIC Less NNEP Spread (ROIC-NNEP)
-1.02% -5.87% -9.61% -62.49% -47.03% -21.79% -11.82% -11.89% -28.07% -14.18% 33.09%
Return on Net Nonoperating Assets (RNNOA)
0.73% 4.10% 6.89% 43.73% 32.84% 15.11% 8.54% 8.41% 19.83% 9.64% -22.64%
Return on Equity (ROE)
-0.23% -3.55% -0.67% -20.63% -14.86% -6.85% -1.86% -5.06% -8.06% -4.01% 11.42%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00% -68.26% -35.13% -33.17% -28.57% -20.24% -53.41% -69.10% -63.64%
Operating Return on Assets (OROA)
-0.33% -1.91% -0.33% -21.82% -15.04% -5.66% -0.99% -1.73% -6.25% -2.57% 11.13%
Return on Assets (ROA)
-0.06% -2.64% 2.63% -23.67% -14.38% -6.07% 0.26% -6.66% -6.68% -2.76% 10.86%
Return on Common Equity (ROCE)
-0.23% -3.55% -0.67% -20.63% -14.86% -6.85% -1.86% -5.06% -8.06% -4.01% 11.42%
Return on Equity Simple (ROE_SIMPLE)
-2.83% -2.60% -1.68% 0.00% -8.11% -8.99% -6.34% 0.00% -4.74% -4.19% 0.83%
Net Operating Profit after Tax (NOPAT)
-0.15 -1.22 -2.02 -11 -10 -6.21 -4.14 -5.52 -10 -5.88 26
NOPAT Margin
-0.33% -2.37% -3.72% -35.76% -28.70% -14.11% -7.80% -9.08% -16.94% -8.17% 18.92%
Net Nonoperating Expense Percent (NNEP)
0.07% -1.78% 2.05% -1.87% -0.67% -0.17% 1.42% -1.58% 0.18% 0.53% 0.97%
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - -0.77% - - - 4.13%
Cost of Revenue to Revenue
40.47% 45.57% 41.06% 42.08% 40.76% 40.69% 38.64% 34.25% 37.56% 36.82% 36.35%
SG&A Expenses to Revenue
24.10% 22.46% 21.99% 42.30% 35.74% 30.10% 26.83% 33.17% 35.71% 30.79% 17.39%
R&D to Revenue
35.90% 35.35% 37.83% 66.70% 64.50% 49.36% 45.68% 44.29% 50.92% 44.07% 26.86%
Operating Expenses to Revenue
60.00% 57.81% 64.26% 109.00% 100.25% 79.46% 72.50% 78.72% 86.64% 74.85% 44.25%
Earnings before Interest and Taxes (EBIT)
-0.44 -2.43 -0.36 -15 -12 -6.17 -1.62 -2.72 -8.92 -3.93 30
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
1.20 0.19 1.92 -12 -9.28 -2.48 1.82 0.97 -4.69 1.05 35
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
6.82 5.81 7.17 3.45 7.25 5.97 5.88 5.61 7.56 11.82 18.94
Price to Tangible Book Value (P/TBV)
6.82 5.81 7.17 3.45 7.25 5.97 5.88 5.61 7.56 11.82 18.94
Price to Revenue (P/Rev)
16.40 11.96 13.40 6.52 14.58 12.61 19.11 15.71 19.23 27.34 35.75
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2,288.02
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.04%
Enterprise Value to Invested Capital (EV/IC)
21.28 16.98 18.98 7.57 20.77 16.93 21.87 20.13 24.50 34.23 47.41
Enterprise Value to Revenue (EV/Rev)
14.68 10.52 12.17 5.33 13.20 11.16 16.62 13.58 17.40 25.78 34.59
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 348.54
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 779.13
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00 186.85 119.41 163.11 80.05 4,239.12 1,026.10 992.37
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage
-0.71 -0.70 -0.72 -0.70 -0.70 -0.69 -0.72 -0.71 -0.71 -0.68 -0.68
Leverage Ratio
1.19 1.20 1.14 1.13 1.16 1.18 1.14 1.13 1.16 1.14 1.14
Compound Leverage Factor
1.19 1.20 1.14 1.13 1.16 1.18 1.14 1.13 1.16 1.14 1.14
Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score
22.88 18.09 25.34 15.36 32.11 23.04 33.13 30.41 28.22 57.98 70.35
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
8.12 7.07 8.07 10.58 10.27 8.82 12.72 11.88 7.81 10.84 7.67
Quick Ratio
7.01 5.91 6.37 8.62 8.51 7.34 11.29 10.53 6.78 9.36 6.64
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-98 -105 -58 -66 -22 -12 -7.43 -5.89 -55 -82 -89
Operating Cash Flow to CapEx
-232.39% 31.00% -33.58% -303.72% 463.25% 244.89% -20.31% 130.11% -123.42% 46.86% 91.66%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.35 0.40 0.50 0.48 0.43 0.40 0.33 0.39 0.42 0.47 0.50
Accounts Receivable Turnover
2.60 3.23 5.85 4.66 4.18 3.92 3.74 3.53 4.36 4.29 3.24
Inventory Turnover
1.50 1.44 2.05 2.13 1.89 1.63 1.62 2.04 2.26 2.50 2.81
Fixed Asset Turnover
3.72 4.11 6.05 5.94 4.18 3.87 3.91 4.60 3.79 4.34 5.81
Accounts Payable Turnover
1.52 1.61 2.91 3.80 2.46 1.94 2.04 2.82 2.00 2.74 2.41
Days Sales Outstanding (DSO)
140.56 113.04 62.42 78.34 87.37 93.18 97.68 103.28 83.73 85.09 112.49
Days Inventory Outstanding (DIO)
242.57 254.27 178.26 171.64 193.23 224.31 225.48 178.51 161.68 145.71 130.12
Days Payable Outstanding (DPO)
240.24 227.11 125.50 96.10 148.17 188.45 179.23 129.64 182.55 133.27 151.52
Cash Conversion Cycle (CCC)
142.89 140.20 115.18 153.89 132.44 129.04 143.93 152.14 62.86 97.53 91.10
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
98 104 122 130 110 109 125 130 154 185 239
Invested Capital Turnover
2.90 3.23 2.03 1.80 1.66 1.56 1.33 1.48 1.65 1.67 1.80
Increase / (Decrease) in Invested Capital
98 104 56 55 12 5.47 3.29 0.37 45 76 114
Enterprise Value (EV)
2,088 1,758 2,307 982 2,282 1,846 2,731 2,621 3,786 6,331 11,331
Market Capitalization
2,332 1,999 2,540 1,200 2,519 2,087 3,140 3,031 4,184 6,714 11,710
Book Value per Share
$2.35 $2.36 $2.42 $2.37 $2.33 $2.33 $3.54 $3.31 $3.35 $3.42 $3.70
Tangible Book Value per Share
$2.35 $2.36 $2.42 $2.37 $2.33 $2.33 $3.54 $3.31 $3.35 $3.42 $3.70
Total Capital
342 344 355 348 347 350 534 540 553 568 618
Total Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-244 -241 -233 -218 -238 -241 -409 -410 -399 -383 -379
Capital Expenditures (CapEx)
5.26 5.67 6.89 3.90 5.31 2.05 5.10 3.20 5.86 22 4.60
Debt-free, Cash-free Net Working Capital (DFCFNWC)
60 60 74 79 52 51 62 76 74 106 159
Debt-free Net Working Capital (DFNWC)
303 300 307 297 289 291 471 486 473 489 538
Net Working Capital (NWC)
303 300 307 297 289 291 471 486 473 489 538
Net Nonoperating Expense (NNE)
-0.08 2.14 -4.84 4.46 1.62 0.41 -4.57 4.96 -0.58 -1.66 -3.82
Net Nonoperating Obligations (NNO)
-244 -241 -233 -218 -238 -241 -409 -410 -399 -383 -379
Total Depreciation and Amortization (D&A)
1.64 2.62 2.27 2.98 2.95 3.70 3.44 3.69 4.23 4.99 5.06
Debt-free, Cash-free Net Working Capital to Revenue
41.91% 35.76% 38.83% 43.10% 30.01% 30.56% 37.81% 39.20% 34.16% 43.02% 48.61%
Debt-free Net Working Capital to Revenue
213.32% 179.66% 161.70% 161.35% 167.48% 175.89% 286.86% 251.67% 217.35% 198.95% 164.39%
Net Working Capital to Revenue
213.32% 179.66% 161.70% 161.35% 167.48% 175.89% 286.86% 251.67% 217.35% 198.95% 164.39%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.00 ($0.02) $0.02 ($0.11) ($0.08) ($0.04) $0.00 ($0.06) ($0.06) ($0.03) $0.17
Adjusted Weighted Average Basic Shares Outstanding
145.08M 146.01M 146.91M 146.56M 149.28M 150.23M 157.16M 155.09M 165.14M 166.49M 168.17M
Adjusted Diluted Earnings per Share
$0.00 ($0.02) $0.02 ($0.11) ($0.08) ($0.04) $0.00 ($0.06) ($0.06) ($0.03) $0.16
Adjusted Weighted Average Diluted Shares Outstanding
145.08M 146.01M 156.52M 146.56M 149.28M 150.23M 167.16M 155.09M 165.14M 166.49M 182.46M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
145.68M 146.76M 147.99M 149.08M 150.03M 150.66M 163.29M 165.19M 166.06M 167.24M 169.80M
Normalized Net Operating Profit after Tax (NOPAT)
-0.15 -1.22 -0.34 -11 -10 -6.21 -4.14 -5.52 -10 -5.88 26
Normalized NOPAT Margin
-0.33% -2.37% -0.62% -35.76% -28.70% -14.11% -7.80% -9.08% -16.94% -8.17% 18.92%
Pre Tax Income Margin
-0.94% -4.73% -0.66% -45.78% -34.86% -14.02% -3.05% -4.47% -14.93% -5.46% 22.30%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Frequently Asked Questions About Credo Technology Group's Financials

When does Credo Technology Group's fiscal year end?

According to the most recent income statement we have on file, Credo Technology Group's financial year ends in April. Their financial year 2024 ended on April 27, 2024.

How has Credo Technology Group's net income changed over the last 4 years?

Credo Technology Group's net income appears to be on an upward trend, with a most recent value of -$28.37 million in 2024, falling from $1.33 million in 2020. The previous period was -$16.55 million in 2023.

What is Credo Technology Group's operating income?
Credo Technology Group's total operating income in 2024 was -$37.06 million, based on the following breakdown:
  • Total Gross Profit: $119.43 million
  • Total Operating Expenses: $156.49 million
How has Credo Technology Group revenue changed over the last 4 years?

Over the last 4 years, Credo Technology Group's total revenue changed from $53.84 million in 2020 to $192.97 million in 2024, a change of 258.4%.

How much debt does Credo Technology Group have?

Credo Technology Group's total liabilities were at $61.73 million at the end of 2024, a 24.3% increase from 2023, and a 376.5% increase since 2021.

How much cash does Credo Technology Group have?

In the past 3 years, Credo Technology Group's cash and equivalents has ranged from $66.94 million in 2024 to $259.32 million in 2022, and is currently $66.94 million as of their latest financial filing in 2024.

How has Credo Technology Group's book value per share changed over the last 4 years?

Over the last 4 years, Credo Technology Group's book value per share changed from 0.00 in 2020 to 3.31 in 2024, a change of 330.8%.

Remove Ads


This page (NASDAQ:CRDO) was last updated on 4/15/2025 by MarketBeat.com Staff
From Our Partners