Company Analysis

Credo Technology Group Holding Ltd (CRDO)

Nasdaq: CRDO · Semiconductors & Related Devices · Grand Cayman, KY · filing with the SEC since 2020
Grade7.6
◀ Past 6.6● Present 7.5▶ Future 8.7
1 est.

The grade of Credo Technology Group Holding Ltd

Nine metrics read from its own filings, by tense
Headline grade
7.6/10
◀ Past6.630% of the headline
● Present7.540% of the headline
▶ Future8.730% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

6.6/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.6/10

Has it survived what it has been through?

No warning events in its filings since 2020.

weight 33% of this tense · 76th percentile among 99 sector filers · read for itself

From the record

Credo Technology Group Holding Ltd's filings since 2020 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
8.0/10

What has it actually done, year after year?

+70.7% a year over 7 filed years; profitable in 3 of 7.

weight 45% of this tense · 80th percentile among 93 sector filers · read for its customers

From the record

Credo Technology Group Holding Ltd's 7 filed years say what it did: revenue went from $54 million in fiscal 2020 to $1.3 billion in fiscal 2026, up 70.7% a year; it rose in 6 of 6 years; it never fell from a peak; net income was positive in 3 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span70.7%top 5% of its family
  • the share of years revenue rosetop 6% of its family
  • the share of filed years with a profitbottom 38% of its family
  • the deepest fall from a revenue peak0.0%top 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
2.2/10

How has it treated the people who own it?

Share count grew 8.7% a year. 0% of cash flow returned. Insiders: 688 sales, 0 purchases.

weight 22% of this tense · 22nd percentile among 67 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2026-05-02, Credo Technology Group Holding Ltd's diluted share count grew about 8.7% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 688 sales (638 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-10-29 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 29% of its family
  • cash returned against operating cash flowbottom 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

7.5/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
7.7/10

Is it financially healthy right now?

ROE 23%: 23¢ of profit per shareholder dollar. Leverage 10%: owes 10¢ per asset dollar.

weight 45% of this tense · 77th percentile among 95 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-05-02, Credo Technology Group Holding Ltd earned about 23 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 40 cents per dollar of everything the company owns. Leverage: it owed about 10 cents per dollar of assets, and net share issuance: its share count grew 3.9% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 6% of its family
  • return on equitytop 14% of its family
  • gross profit against assetstop 10% of its family
  • the share count against the year beforebottom 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
8.3/10

How strong is its position in its industry?

top 17% of 97 in its family; net margin 35.4%.

weight 33% of this tense · 83rd percentile among 97 sector filers · read for its customers

From the record

Credo Technology Group Holding Ltd's standing among 97 graded names in its industry family: revenue of $1.3 billion in fiscal 2026 ranks in the top 34% by size; a net margin of 35.4% ranks in the top 8%; revenue growth of 93.2% a year over the last 3 filed years ranks in the top 10% (its annual reports).

What it rests on

  • revenue against the family$1.34Btop 34% of its family
  • net margin35.4%top 8% of its family
  • three-year revenue growth93.2%top 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
6.2/10

What are the people in charge doing?

SI estimate 6.2/10, confidence 35 of 100 (one part).

weight 22% of this tense · 62nd percentile among 79 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the top 38% of 79 in its family; the record of its people begins on 2022-01-26 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 4.8 years and cannot see past it; a floor under five years is not read as years in charge.
What the record cannot read
The record of its people begins on 2022-01-26 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 4.8 years and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
one part: officer and director changes on Form 8-K, against the people in charge, the one part on file, ranked among 79 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Credo Technology Group Holding Ltd's leadership is put at 6.2 of 10 with a confidence of 35 of 100, because read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the top 38% of 79 in its family; the record of its people begins on 2022-01-26 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 4.8 years and cannot see past it; a floor under five years is not read as years in charge. A filing that carries the missing parts replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

8.7/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
8.2/10

How much room does it have to grow?

top 18% of 94 in its family for room to expand.

weight 45% of this tense · 82nd percentile among 94 sector filers · read for itself

From the record

Credo Technology Group Holding Ltd's room to grow, from the newest filed statements (fiscal 2026): cash of $1.2 billion against no long-term debt tagged leaves 50.7% of its assets as net cash, top 8% of its family; cash from operations less capital spending is 30.5% of revenue (top 9%); a gross margin of 68% (top 9%); research spending of 20.9% of revenue (top 46%) (its annual report).

What it rests on

  • cash less debt against assets50.7%top 8% of its family
  • cash from operations less capital spending against revenue30.5%top 9% of its family
  • gross margin68.0%top 9% of its family
  • research spending against revenue20.9%top 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
9.3/10

What could actually drive growth from here?

top 7% of 93 in its family for growth drivers.

weight 33% of this tense · 93rd percentile among 93 sector filers · read for its customers

From the record

Credo Technology Group Holding Ltd's growth drivers, from the filed years to fiscal 2026: revenue grew 93.2% a year over the last three filed years against 70.7% over all 7, speeding up (top 7% of its family); the newest year grew 206.9% (top 5%); research spending grew 53.6% a year (top 4%); capital spending grew 38.1% a year (top 12%) (its annual reports). Credo Technology Group Holding Ltd tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+22.4 points a yeartop 7% of its family
  • the newest year's revenue growth206.9%top 5% of its family
  • three-year growth of research spending53.6%top 4% of its family
  • three-year growth of capital spending38.1%top 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
9.0/10

Did its newest year beat what its own record pointed to?

top 10% of 88 in its family for expectations against reality.

weight 22% of this tense · 90th percentile among 88 sector filers · read for its shareholders

From the record

Credo Technology Group Holding Ltd's newest year against its own record: revenue of $1.3 billion in fiscal 2026 came in 99% above the $671 million its prior three years' pace pointed to (top 13% of its family); net income of $472 million against a prior three-year average of $2 million (top 3%); a net margin of 35.4% against -3.9% before (top 13%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace99.0%top 13% of its family
  • net income against the prior three years' averagefive times its prior average or moretop 3% of its family
  • net margin against its prior average+39.3 pointstop 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton CRDO · research, not advice