Credo Financial Statements From 2010 to 2026

Stocks . USA . 
Stock . Credo Technology Group
CRDO Stock  USD 123.41  12.01  10.78%   
Credo Technology's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Credo Technology's valuation are provided below:
Gross Profit
531.5 M
Profit Margin
0.2663
Market Capitalization
20.1 B
Enterprise Value Revenue
24.274
Revenue
796.1 M
We have found one hundred twenty available fundamental signals for Credo Technology Group, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate Credo Technology's prevailing fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 9th of February 2026, Market Cap is likely to drop to about 1.1 B. In addition to that, Enterprise Value is likely to drop to about 968.2 M

Credo Technology Total Revenue

527.41 Million

Check Credo Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Credo Technology's main balance sheet or income statement drivers, such as Tax Provision of 1.8 M, Depreciation And Amortization of 26.5 M or Interest Expense of 7.9 M, as well as many indicators such as Price To Sales Ratio of 17.53, Dividend Yield of 0.0 or PTB Ratio of 10.0. Credo financial statements analysis is a perfect complement when working with Credo Technology Valuation or Volatility modules.
  
Build AI portfolio with Credo Stock
Check out the analysis of Credo Technology Correlation against competitors.

Credo Technology Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets977.2 M930.6 M313.4 M
Slightly volatile
Short and Long Term Debt Total13.7 M14.4 M75 M
Slightly volatile
Other Current Liabilities58.2 M55.4 M19.4 M
Slightly volatile
Total Current Liabilities130.1 M123.9 M38.9 M
Slightly volatile
Other Liabilities188.1 K198 K69.9 M
Slightly volatile
Property Plant And Equipment Net46.6 M90.7 M28.7 M
Slightly volatile
Current Deferred Revenue2.9 M3.5 M4.1 M
Slightly volatile
Accounts Payable67.8 M64.6 M14.4 M
Slightly volatile
Cash155.6 M271.8 M114.2 M
Slightly volatile
Non Current Assets Total56.8 M110.1 M34.5 M
Slightly volatile
Non Currrent Assets Other10 M19.4 M5.2 M
Slightly volatile
Other Assets3.6 M5.4 M2.7 M
Slightly volatile
Cash And Short Term Investments274.3 M496 M172.4 M
Slightly volatile
Net Receivables195.8 M186.5 M54.3 M
Slightly volatile
Common Stock Shares Outstanding154.1 M208.3 M109.2 M
Slightly volatile
Liabilities And Stockholders Equity977.2 M930.6 M313.4 M
Slightly volatile
Non Current Liabilities Total17.1 M18 M76.1 M
Slightly volatile
Inventory108.7 M103.5 M25.4 M
Slightly volatile
Other Current Assets36.3 M34.5 M8.8 M
Slightly volatile
Other Stockholder Equity923.9 M879.9 M248.9 M
Slightly volatile
Total Liabilities81.2 M114.9 M109.5 M
Slightly volatile
Property Plant And Equipment Gross148.6 M141.5 M42.6 M
Slightly volatile
Total Current Assets861.6 M820.6 M275.4 M
Slightly volatile
Capital Stock6.8 K9.2 K5.2 K
Slightly volatile
Non Current Liabilities Other1.3 M1.4 M1.7 M
Slightly volatile
Net Working Capital731.5 M696.7 M236.5 M
Slightly volatile
Short Term Debt3 M3.8 M2.8 M
Slightly volatile
Common Stock6.8 K9.2 K5.2 K
Slightly volatile
Property Plant Equipment28.6 M46.3 M20.9 M
Slightly volatile
Common Stock Total Equity5.6 K6.3 K6.9 K
Slightly volatile
Capital Surpluse483.6 M523 M439.2 M
Slightly volatile

Credo Technology Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization26.5 M25.2 M7.2 M
Slightly volatile
Selling General Administrative119.4 M113.8 M32.6 M
Slightly volatile
Selling And Marketing Expenses14.9 M20.1 M12.9 M
Slightly volatile
Total Revenue527.4 M502.3 M149.8 M
Slightly volatile
Gross Profit341.6 M325.3 M102.3 M
Slightly volatile
Other Operating Expenses482.6 M459.6 M147.5 M
Slightly volatile
Research Development176.3 M167.9 M60.1 M
Slightly volatile
Cost Of Revenue185.8 M176.9 M47.5 M
Slightly volatile
Total Operating Expenses296.8 M282.7 M99.9 M
Slightly volatile
Reconciled Depreciation26.5 M25.2 M7.2 M
Slightly volatile
Non Recurring2.2 M2.2 M2.9 M
Slightly volatile

Credo Technology Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation93.4 M89 M20.4 M
Slightly volatile
Begin Period Cash Flow118.1 M77 M66.2 M
Slightly volatile
Depreciation26.5 M25.2 M7.2 M
Slightly volatile
Capital Expenditures43.5 M41.5 M15.9 M
Slightly volatile
End Period Cash Flow155.6 M271.8 M114.2 M
Slightly volatile
Change To Netincome38.2 M36.4 M11.8 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio17.5318.9916.1001
Very volatile
Days Sales Outstanding104122124
Very volatile
Stock Based Compensation To Revenue0.0880.160.0657
Slightly volatile
Capex To Depreciation2.991.893.8268
Slightly volatile
EV To Sales16.318.4114.8728
Pretty Stable
Inventory Turnover2.571.972.8923
Slightly volatile
Days Of Inventory On Hand137192137
Slightly volatile
Payables Turnover4.662.474.1423
Slightly volatile
Sales General And Administrative To Revenue0.130.170.1483
Slightly volatile
Research And Ddevelopement To Revenue0.520.380.4888
Slightly volatile
Capex To Revenue0.130.09490.1421
Slightly volatile
Cash Per Share1.372.321.3603
Slightly volatile
Days Payables Outstanding64.15120100
Slightly volatile
Current Ratio7.75.966.9339
Slightly volatile
Receivables Turnover3.143.12.9523
Pretty Stable
Graham Number4.274.815.2464
Slightly volatile
Debt To Equity0.03990.02710.0458
Slightly volatile
Capex Per Share0.10.190.1257
Pretty Stable
Revenue Per Share2.462.351.0878
Slightly volatile
Interest Debt Per Share0.110.09570.1152
Slightly volatile
Debt To Assets0.03510.02280.0405
Slightly volatile
Operating Cycle241314260
Slightly volatile
Days Of Payables Outstanding64.15120100
Slightly volatile
Ebt Per Ebit0.791.331.0109
Very volatile
Total Debt To Capitalization0.03840.02640.0437
Slightly volatile
Debt Equity Ratio0.03990.02710.0458
Slightly volatile
Quick Ratio7.095.216.5172
Slightly volatile
Net Income Per E B T0.780.860.776
Slightly volatile
Cash Ratio2.42.524.1158
Pretty Stable
Cash Conversion Cycle176194160
Slightly volatile
Days Of Inventory Outstanding137192137
Slightly volatile
Days Of Sales Outstanding104122124
Very volatile
Free Cash Flow Operating Cash Flow Ratio0.490.511.481
Slightly volatile
Fixed Asset Turnover3.224.984.5721
Slightly volatile
Debt Ratio0.03510.02280.0405
Slightly volatile
Price Sales Ratio17.5318.9916.1001
Very volatile
Asset Turnover0.330.490.4581
Slightly volatile
Gross Profit Margin0.730.740.7724
Slightly volatile

Credo Technology Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.1 B1.4 B1.1 B
Slightly volatile
Enterprise Value968.2 M1.2 B985 M
Slightly volatile

Credo Fundamental Market Drivers

Forward Price Earnings31.25
Cash And Short Term Investments431.3 M

Credo Upcoming Events

6th of March 2024
Upcoming Quarterly Report
View
29th of May 2024
Next Financial Report
View
31st of January 2024
Next Fiscal Quarter End
View
29th of May 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
View
30th of April 2023
Last Financial Announcement
View

About Credo Technology Financial Statements

Credo Technology investors utilize fundamental indicators, such as revenue or net income, to predict how Credo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue3.5 M2.9 M
Total Revenue502.3 M527.4 M
Cost Of Revenue176.9 M185.8 M
Stock Based Compensation To Revenue 0.16  0.09 
Sales General And Administrative To Revenue 0.17  0.13 
Research And Ddevelopement To Revenue 0.38  0.52 
Capex To Revenue 0.09  0.13 
Revenue Per Share 2.35  2.46 
Ebit Per Revenue 0.08  0.08 

Pair Trading with Credo Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Credo Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Credo Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with Credo Stock

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Moving against Credo Stock

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  0.48TSM Taiwan Semiconductor Aggressive PushPairCorr
The ability to find closely correlated positions to Credo Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Credo Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Credo Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Credo Technology Group to buy it.
The correlation of Credo Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Credo Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Credo Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Credo Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Credo Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Credo Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Credo Technology Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Credo Technology Group Stock:
How To Invest In Credo
Details
Is Credo Stock a good investment?
Details
What is Credo Technology's Net Worth?
Details
Largest Semiconductors & Semiconductor Equipment Companies
View
Largest Information Technology Companies
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Check out the analysis of Credo Technology Correlation against competitors.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Will Semiconductors & Semiconductor Equipment sector continue expanding? Could Credo diversify its offerings? Factors like these will boost the valuation of Credo Technology. Projected growth potential of Credo fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Credo Technology data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
61.5
Earnings Share
1.16
Revenue Per Share
4.644
Quarterly Revenue Growth
2.721
Return On Assets
0.12
Understanding Credo Technology requires distinguishing between market price and book value, where the latter reflects Credo's accounting equity. The concept of intrinsic value - what Credo Technology's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Credo Technology's price substantially above or below its fundamental value.
Altman
Z Score
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Piotroski
F Score
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Beneish
M Score
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Financial
Analysis
Details
Buy or Sell
Advice
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Earnings
Projections
Details
It's important to distinguish between Credo Technology's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Credo Technology should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Credo Technology's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
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