Credo Technology Group Holding Ltd (CRDO) Revenue History
Annual and quarterly revenue from 2020 to 2025
Compound Annual Growth Rate (CAGR)
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CRDO Revenue Growth
Revenue Breakdown (FY 2025)
CRDO's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
CRDO Revenue Analysis (2020–2025)
As of May 8, 2026, Credo Technology Group Holding Ltd (CRDO) generated trailing twelve-month (TTM) revenue of $1.07 billion, reflecting explosive growth of +201.5% year-over-year. The most recent quarter (Q3 2026) recorded $407.0 million in revenue, up 51.9% sequentially.
Looking at the longer-term picture, CRDO's 5-year compound annual growth rate (CAGR) stands at +52.0%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $436.8 million in 2025, representing a new all-time high.
Revenue diversification analysis shows CRDO's business is primarily driven by Product (94%), License (3%), and Product Engineering Services (3%). With over half of revenue concentrated in Product, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including MRVL (+42.1% YoY), MTSI (+27.0% YoY), and CIEN (+26.5% YoY), CRDO has outperformed the peer group in terms of revenue growth. Compare CRDO vs MRVL →
CRDO Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CRDOCurrent | $1.1B | +201.5% | +52.0% | 8.5% | |
 MRVL | $8.2B | +42.1% | +22.5% | 16.1% | |
 MTSI | $967M | +27.0% | +12.8% | 13.4% | |
 CIEN | $4.8B | +26.5% | +6.2% | 6.5% | |
 LITE | $1.6B | +69.0% | -0.4% | -10.9% | |
 AVGO | $63.9B | +25.2% | +21.7% | 39.9% |
CRDO Historical Revenue Data (2020–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $436.8M | +126.3% | $282.9M | 64.8% | $37.1M | 8.5% |
| 2024 | $193.0M | +4.8% | $119.4M | 61.9% | $-37,058,000 | -19.2% |
| 2023 | $184.2M | +73.0% | $106.2M | 57.7% | $-21,235,000 | -11.5% |
| 2022 | $106.5M | +81.4% | $64.0M | 60.1% | $-21,968,000 | -20.6% |
| 2021 | $58.7M | +9.0% | $38.3M | 65.2% | $-25,234,000 | -43.0% |
| 2020 | $53.8M | - | $46.1M | 85.6% | $2.1M | 3.8% |
Full CRDO Stock Analysis
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Start ComparisonCRDO — Frequently Asked Questions
Quick answers to the most common questions about buying CRDO stock.
Is CRDO's revenue growth accelerating or slowing?
CRDO revenue is accelerating at +201.5% year-over-year, exceeding the 5-year CAGR of +52.0%. TTM revenue reached $1.1B. Growth momentum has increased versus prior periods.
What is CRDO's long-term revenue growth rate?
Credo Technology Group Holding Ltd's 5-year revenue CAGR of +52.0% reflects the sustained expansion pattern. Current YoY growth of +201.5% is above this long-term average.
How is CRDO's revenue distributed by segment?
CRDO reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2020-2025 are available for download. Segment mix reveals concentration and diversification trends.