Credo Technology Group Holding (CRDO) Operating Expenses (2021 - 2026)
Credo Technology Group Holding's (CRDO) quarterly Operating Expenses came in at $188.4 million in Q3 2026, up 110.18% year-over-year from $89.6 million in Q3 2025, and up 32.45% quarter-over-quarter from $142.2 million in Q2 2026.
Analysis
Credo Technology Group Holding (CRDO) Operating Expenses (2021 - 2026) Analysis & Trends
Credo Technology Group Holding has disclosed Operating Expenses across 6 years of filings, most recently posting $188.4 million for Q3 2026.
- In Q3 2026, Operating Expenses rose 110.18% year-over-year to $188.4 million; the TTM figure through Aug 2026 stood at $562.1 million (up 98.15% YoY), while the FY2026 annual figure was $463.3 million, up 88.52% from the prior year.
- Operating Expenses came in at $188.4 million for Q3 2026 at Credo Technology Group Holding, up from $142.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $188.4 million in Q3 2026 to a low of $19.6 million in Q1 2022.
- Average Operating Expenses over 5 years is $64.8 million, with a median of $47.8 million recorded in 2024.
- Year-over-year, Operating Expenses rose 10.31% in 2024 and jumped 116.38% in 2026.
- Over 5 years, Operating Expenses stood at $29.7 million in 2022, then advanced by 17.83% to $35.0 million in 2023, then surged by 54.09% to $53.9 million in 2024, then soared by 89.64% to $102.2 million in 2025, then soared by 84.23% to $188.4 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $188.4 million in Q3 2026, $142.2 million in Q2 2026, and $129.2 million in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,260.79 Bn | 5,195.56 Bn | 72.14 Bn | 8.41 Bn |
| 2 | Broadcom | 1,728.14 Bn | 1,704.17 Bn | 20.46 Bn | 4.50 Bn |
| 3 | Advanced Micro Devices | 842.32 Bn | 829.21 Bn | 6.20 Bn | 4.21 Bn |
| 4 | Arm Holdings | 280.94 Bn | 277.05 Bn | 1.25 Bn | -1.16 Bn |
| 5 | Marvell Technology | 207.04 Bn | 203.10 Bn | 1.46 Bn | 995.90 Mn |
| 6 | Qualcomm | 192.34 Bn | 184.04 Bn | 5.28 Bn | 8.32 Bn |
| 7 | Monolithic Power Systems | 60.66 Bn | 59.25 Bn | 541.07 Mn | 237.18 Mn |
| 8 | Astera Labs | 50.52 Bn | 49.27 Bn | 287.57 Mn | 198.32 Mn |
| 9 | Credo Technology Group Holding | 30.60 Bn | 29.83 Bn | 309.08 Mn | 188.38 Mn |
| 10 | Sitime | 16.85 Bn | 14.93 Bn | 99.14 Mn | 90.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 188.38 Mn |
| May 2, 2026 | 142.22 Mn |
| Jan 31, 2026 | 129.25 Mn |
| Nov 1, 2025 | 102.25 Mn |
| Aug 2, 2025 | 89.63 Mn |
| May 3, 2025 | 80.40 Mn |
| Feb 1, 2025 | 59.73 Mn |
| Nov 2, 2024 | 53.92 Mn |
| Aug 3, 2024 | 51.73 Mn |
| Apr 27, 2024 | 47.85 Mn |
| Jan 27, 2024 | 38.47 Mn |
| Oct 28, 2023 | 34.99 Mn |
| Jul 29, 2023 | 35.18 Mn |
| Apr 29, 2023 | 34.98 Mn |
| Jan 28, 2023 | 34.87 Mn |
| Oct 29, 2022 | 29.70 Mn |
| Jul 30, 2022 | 27.88 Mn |
| Apr 30, 2022 | 30.10 Mn |
| Jan 31, 2022 | 19.56 Mn |
| Oct 31, 2021 | 19.51 Mn |