Credo Technology Group Holding Ltd (CRDO) Revenue History
Annual and quarterly revenue from 2020 to present
CRDO Revenue Over Time (2020–2026)
CRDO Revenue Growth History
6 of 6 years with positive growth- FY2020 revenue growth
- N/A
- FY2021 revenue growth
- +9.0%
- FY2022 revenue growth
- +81.4%
- FY2023 revenue growth
- +73.0%
- FY2024 revenue growth
- +4.8%
- FY2025 revenue growth
- +126.3%
- FY2026 revenue growth
- +205.7%
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2026 | $437.0M | +157.0% |
| Q3 2026 | $407.0M | +201.5% |
| Q2 2026 | $268.0M | +272.1% |
| Q1 2026 | $223.1M | +273.6% |
| Q4 2025 | $170.0M | +179.7% |
| Q3 2025 | $135.0M | +154.4% |
| Q2 2025 | $72.0M | +63.6% |
| Q1 2025 | $59.7M | +70.1% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2026)
CRDO's revenue distribution by segment and geography for fiscal year 2026
By Product/Segment
By Geography
CRDO Revenue Analysis (2020–2026)
Current Revenue & Growth
As of June 24, 2026, Credo Technology Group Holding Ltd (CRDO) generated trailing twelve-month (TTM) revenue of $1.34 billion, reflecting explosive growth of +157.0% year-over-year. The most recent quarter (Q4 2026) recorded $437.0 million in revenue, up 7.4% sequentially.
Historical Growth Trajectory
CRDO's 5-year compound annual growth rate (CAGR) stands at +86.8%, indicating outstanding long-term growth trajectory. The 3-year CAGR of +93.5% exceeds the 5-year average, indicating an acceleration in the most recent period. Credo Technology Group Holding Ltd's highest annual revenue of $1.34 billion was recorded in 2026, an all-time high.
Revenue by Segment
CRDO's revenue is primarily driven by Reportable Segment (100%). With over half of revenue concentrated in Reportable Segment, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Technology sector peers — including MRVL (+34.1% YoY), MTSI (+27.0% YoY), and CIEN (+30.6% YoY) — CRDO has outperformed the peer group in 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 | $1.3B | +157.0% | +86.8% | 33.3% | |
 MRVL | $8.2B | +34.1% | +22.5% | 16.3% | |
 MTSI | $967M | +27.0% | +12.8% | 13.4% | |
 CIEN | $4.8B | +30.6% | +6.2% | 6.5% | |
 LITE | $1.6B | +69.0% | -0.4% | -10.9% | |
 AVGO | $63.9B | +36.3% | +21.7% | 39.9% |
CRDO Historical Revenue Data (2020–2026)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2026 | $1.34B | +205.7% | $908.3M | 68.0% | $445.0M | 33.3% |
| 2025 | $436.8M | +126.3% | $282.9M | 64.8% | $38.0M | 8.7% |
| 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 Stock Analysis
Deep dive into CRDO consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
6+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
CRDO — Frequently Asked Questions
Quick answers to the most common questions about buying CRDO stock.
Is CRDO's revenue growth accelerating or slowing?
CRDO revenue growth is accelerating. TTM revenue reached $1.3B, up +157.0% year-over-year — ahead of the 5-year CAGR of +86.8%. This indicates the business is expanding faster than its historical baseline.
What is CRDO's revenue history from 2020 to 2026?
Credo Technology Group Holding Ltd (CRDO) revenue history spans 2020 to 2026. TTM revenue as of 2026 is $1.3B, growing at +157.0% YoY. The 5-year CAGR is +86.8%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is CRDO's long-term revenue growth rate (CAGR)?
Credo Technology Group Holding Ltd's 5-year revenue CAGR of +86.8% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +157.0% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for CRDO.
Why does CRDO's quarterly revenue fluctuate?
CRDO quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Credo Technology Group Holding Ltd's revenue data from 2020 to 2026 shows full historical quarterly detail on this page.
How is CRDO's revenue distributed by segment?
CRDO reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does CRDO's revenue compare to industry peers?
Credo Technology Group Holding Ltd (CRDO) with TTM revenue of $1.3B and +157.0% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.