Credo Technology Group Holding (CRDO) Operating Expenses (2021 - 2026)
Credo Technology Group Holding (CRDO) recorded Operating Expenses of $188.38 million in fiscal Q1 2027 (quarter ended Aug 1, 2026), up 110.2% from $89.63 million a year earlier and up 32.5% from the prior quarter.
Credo Technology Group Holding (CRDO) Operating Expenses (2021 - 2026) Analysis & Trends
On a TTM basis, Credo Technology Group Holding's Operating Expenses came in at $562.1 million as of Aug 1, 2026, up 98.1% year-over-year; for FY2026 (ended May 2, 2026), it came in at $463.34 million, up 88.5% from FY2025.
- Annual Operating Expenses has increased for six straight fiscal years, with a five-year compound annual growth rate of 48.8% (FY2021 to FY2026).
- Across earlier fiscal years, Operating Expenses came in at $245.79 million in FY2025 (+57.1%), $156.49 million in FY2024 (+22.8%), $127.43 million in FY2023 (+48.2%) and $85.98 million in FY2022 (+35.4%).
- The fiscal Q1 2027 figure is the highest quarterly Operating Expenses in data going back to fiscal Q3 2021.
- On a year-over-year basis, Operating Expenses has increased for 19 consecutive quarters, with growth averaging 80.5% over the last eight quarters.
- Over the past five years, the year-over-year growth in Operating Expenses ranged from 10.3% (fiscal Q3 2024) to 116.4% (fiscal Q3 2026).
- Per Business Quant, the preceding three fiscal quarters came in at $142.22 million (Q4 2026), $129.25 million (Q3 2026) and $102.25 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 8.41 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 3.13 Bn |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 4.50 Bn |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 1.72 Bn |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 4.21 Bn |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | 4.71 Bn |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 965.25 Mn |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 1.51 Bn |
| 10 | Credo Technology Group Holding | 41.05 Bn | 36.73 Bn | 309.08 Mn | 188.38 Mn |
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 |
Credo Technology Group Holding Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=CRDO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CRDO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=CRDO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();