Credo Technology Group (CRDO) Revenue & Revenue Breakdown

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Credo Technology Group Revenue Highlights

Latest Revenue (Y)

$1.34B

Latest Revenue (Q)

$407.01M

Main Segment (Y)

Reportable Segment

Main Geography (Y)

UNITED STATES

Credo Technology Group Revenue by Period

Credo Technology Group Revenue by Year

Date	Revenue	Change
2026-05-02	$1.34B	205.68%
2025-04-30	$436.77M	126.34%
2024-04-30	$192.97M	4.76%
2023-04-30	$184.19M	72.99%
2022-04-30	$106.48M	81.40%
2021-04-30	$58.70M	9.03%
2020-04-30	$53.84M	-

Credo Technology Group generated $1.34B in revenue during NA 2026, up 205.68% compared to the previous quarter, and up 2274.59% compared to the same period a year ago.

Credo Technology Group Revenue by Quarter

Date	Revenue	Change
2026-01-31	$407.01M	51.85%
2025-11-01	$268.03M	20.15%
2025-08-02	$223.07M	31.20%
2025-04-30	$170.03M	25.94%
2025-02-01	$135.00M	87.41%
2024-11-02	$72.03M	20.63%
2024-08-03	$59.71M	-1.76%
2024-04-30	$60.78M	14.56%
2024-01-27	$53.06M	20.49%
2023-10-28	$44.03M	25.47%
2023-07-29	$35.09M	9.37%
2023-04-30	$32.09M	-40.87%
2023-01-28	$54.27M	5.65%
2022-10-29	$51.37M	10.55%
2022-07-30	$46.47M	23.83%
2022-04-30	$37.53M	18.01%
2022-01-31	$31.80M	20.33%
2021-10-31	$26.43M	146.43%
2021-07-31	$10.72M	-45.70%
2021-04-30	$19.75M	46.75%
2021-01-31	$13.46M	-6.87%
2020-10-31	$14.45M	30.92%
2020-07-31	$11.04M	-

Credo Technology Group generated $407.01M in revenue during Q3 2026, up 51.85% compared to the previous quarter, and up 565.03% compared to the same period a year ago.

Credo Technology Group Revenue Breakdown

Credo Technology Group Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	May 26	May 25	Apr 24	Apr 23	Apr 22
Reportable Segment	$1.34B	-	-	-	-
License	-	$12.48M	$28.02M	$29.44M	$23.31M
Product Engineering Services	-	$12.12M	$19.90M	$10.78M	$7.74M
Product	-	$412.18M	$145.05M	$141.47M	$73.72M
IP License Engineering Services	-	-	-	$2.50M	$1.71M

Credo Technology Group's latest annual revenue breakdown by segment (product or service), as of May 26: Reportable Segment (100.00%).

Quarterly Revenue by Product

Product/Service	May 26	Jan 26	Nov 25	Aug 25	May 25	Feb 25	Nov 24	Aug 24	Apr 24	Jan 24	Oct 23	Jul 23	Apr 23	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22
Reportable Segment	$928.10M	$407.01M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product	-	-	$261.29M	$217.06M	$164.52M	$129.37M	$64.44M	$53.84M	$40.80M	$39.98M	$34.25M	$30.03M	$23.83M	$38.03M	$44.35M	$35.26M	$25.30M	$22.71M
License	-	-	$6.73M	$6.01M	$4.16M	$2.96M	$2.96M	$2.39M	$16.64M	$1.25M	$7.35M	$2.77M	$5.26M	$11.71M	$2.08M	$10.38M	$11.12M	$5.02M
Product Engineering Services	-	-	-	-	$1.34M	$2.67M	$4.63M	$3.49M	$3.34M	$11.83M	$2.43M	$2.29M	$2.57M	$3.63M	$3.75M	$824.00K	$1.11M	$3.95M
IP License Engineering Services	-	-	-	-	-	-	-	-	-	-	-	-	$422.00K	$887.00K	$1.19M	-	-	$118.00K

Credo Technology Group's latest quarterly revenue breakdown by segment (product or service), as of May 26: Reportable Segment (100.00%).

Credo Technology Group Revenue Breakdown by Country

Annual Revenue by Country

Country	May 26	May 25	Apr 24	Apr 23	Apr 22
HONG KONG	$378.23M	$243.73M	$70.16M	$9.65M	$11.70M
CHINA	$80.92M	$80.06M	$28.26M	$96.94M	$37.70M
UNITED STATES	$768.05M	$65.10M	$49.57M	$44.25M	$27.70M
TAIWAN	$22.73M	$3.62M	$21.29M	-	-
REST OF THE WORLD	$85.18M	$44.27M	$23.69M	$20.26M	$19.25M
MEXICO	-	-	-	$13.10M	$10.14M
Product	-	-	-	-	$73.72M
Product Engineering Services	-	-	-	-	$7.74M
License	-	-	-	-	$23.31M
IP License Engineering Services	-	-	-	-	$1.71M

Credo Technology Group's latest annual revenue breakdown by geography, as of May 26: UNITED STATES (57.53%), HONG KONG (28.33%), REST OF THE WORLD (6.38%), CHINA (6.06%), and TAIWAN (1.70%).

Quarterly Revenue by Country

Country	May 26	Jan 26	Nov 25	Aug 25	May 25	Feb 25	Nov 24	Aug 24	Apr 24	Jan 24	Oct 23	Jul 23	Apr 23	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22
HONG KONG	$81.09M	$104.37M	$117.89M	$74.89M	$91.03M	$93.34M	$30.09M	$29.27M	$21.17M	$28.39M	$18.61M	$1.99M	$1.02M	$1.58M	$2.28M	$4.76M	$5.44M	$3.28M
CHINA	$1.80M	$3.71M	$23.63M	$51.78M	$31.52M	$25.26M	$13.52M	$9.75M	$5.96M	$798.00K	$5.42M	$16.08M	$13.52M	$29.23M	$31.42M	$22.76M	$13.63M	$14.73M
UNITED STATES	$314.12M	$267.40M	$103.70M	$82.83M	$24.82M	$7.63M	$21.86M	$10.80M	$19.88M	$15.44M	$7.84M	$6.42M	$9.25M	$16.51M	$6.42M	$12.07M	$8.70M	$5.92M
REST OF THE WORLD	$17.26M	$31.54M	$22.80M	$13.58M	$20.87M	$7.70M	$6.57M	$9.14M	$6.22M	$4.95M	$7.26M	$5.26M	$3.42M	$6.94M	$4.62M	$5.28M	$15.50M	$1.96M
TAIWAN	-	-	-	-	$1.79M	$1.08M	$758.00K	$7.56M	$3.48M	$4.90M	$5.35M	-	-	-	-	-	-	-
MEXICO	-	-	-	-	-	-	-	-	-	-	-	-	$8.96M	$2.61M	$1.52M	$3.86M	$2.40M	-
IP License Engineering Services	-	-	-	-	-	-	-	-	-	-	-	-	-	$887.00K	-	-	-	-
License	-	-	-	-	-	-	-	-	-	-	-	-	-	$11.71M	-	-	-	-
Product Engineering Services	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.63M	-	-	-	-
Product	-	-	-	-	-	-	-	-	-	-	-	-	-	$38.03M	-	-	-	-
TAIWAN, PROVINCE OF CHINA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.93M	$67.00K	-	-
MALAYSIA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.13M
SINGAPORE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.38M

Credo Technology Group's latest quarterly revenue breakdown by geography, as of May 26: UNITED STATES (75.82%), HONG KONG (19.57%), REST OF THE WORLD (4.17%), and CHINA (0.43%).

Credo Technology Group Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
ERIC	Telefonaktiebolaget LM Ericsson (publ)	$263.35B	$61.79B
HPE	Hewlett Packard Enterprise	$34.30B	$10.68B
NOK	Nokia Oyj	$22.26B	$4.67B
SMCI	Super Micro Computer	$21.97B	$10.24B
FIS	Fidelity National Information Services	$10.68B	$3.29B
SNDK	Sandisk	$6.66B	$5.95B
KEYS	Keysight	$5.38B	$1.72B
CIEN	Ciena	$4.77B	$1.57B
CRDO	Credo Technology Group	$1.34B	$407.01M
ALAB	Astera Labs	$852.52M	$230.57M

CRDO Revenue FAQ

What is Credo Technology Group’s yearly revenue?

Credo Technology Group's yearly revenue for 2026 was $1.34B, representing an increase of 205.68% compared to 2025. The company's yearly revenue for 2025 was $436.78M, representing an increase of 126.34% compared to 2024. CRDO's yearly revenue for 2024 was $192.97M, representing an increase of 4.76% compared to 2023.

What is Credo Technology Group’s quarterly revenue?

Credo Technology Group's quarterly revenue for Q3 2026 was $407.01M, a 51.85% increase from the previous quarter (Q2 2026), and a 201.49% increase year-over-year (Q3 2025). The company's quarterly revenue for Q2 2026 was $268.03M, a 20.15% increase from the previous quarter (Q1 2026), and a 272.08% increase year-over-year (Q2 2025). CRDO's quarterly revenue for Q1 2026 was $223.07M, a 31.20% increase from the previous quarter (Q4 2025), and a 273.57% increase year-over-year (Q1 2025).

What is Credo Technology Group’s revenue growth rate?

Credo Technology Group's revenue growth rate for the last 3 years (2024-2026) was 591.88%, and for the last 5 years (2022-2026) was 1153.90%.

What are Credo Technology Group’s revenue streams?

Credo Technology Group's revenue streams in y 26 are Reportable Segment

What is Credo Technology Group’s main source of revenue?

For the fiscal year ending May 26, the largest source of revenue of Credo Technology Group was Reportable Segment. This segment made a revenue of $1.34B, representing 100.00% of the company's total revenue.