Credo Technology Group Holding (CRDO) Tax Rate (2021 - 2026)
Credo Technology Group Holding's (CRDO) quarterly Tax Rate came in at 0.45% in Q3 2026, down 245.0% year-over-year from 0.31% in Q3 2025, and up 31.96% quarter-over-quarter from 0.67% in Q2 2026.
Analysis
Credo Technology Group Holding (CRDO) Tax Rate (2021 - 2026) Analysis & Trends
Credo Technology Group Holding has disclosed Tax Rate across 6 years of filings, most recently posting 0.45% for Q3 2026.
- In Q3 2026, Tax Rate fell 245.0% year-over-year to 0.45%; the TTM figure through Aug 2026 stood at 0.24% (down 237.0% YoY), while the FY2026 annual figure was 0.66%, down 423.0% from the prior year.
- Tax Rate came in at 0.45% for Q3 2026 at Credo Technology Group Holding, up from 0.67% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 892.98% in Q1 2023 to a low of 285.47% in Q2 2024.
- Average Tax Rate over 5 years is 44.86%, with a median of 1.25% recorded in 2025.
- Year-over-year, Tax Rate soared 82010 bps in 2023 and sank 76656 bps in 2024.
- Over 5 years, Tax Rate stood at 38.21% in 2022, then soared by 81 bps to 7.29% in 2023, then declined by 2 bps to 7.42% in 2024, then soared by 117 bps to 1.25% in 2025, then plunged by 136 bps to 0.45% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 0.45% in Q3 2026, 0.67% in Q2 2026, and 1.22% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,260.79 Bn | 5,195.56 Bn | 72.14 Bn | 16.53% |
| 2 | Broadcom | 1,728.14 Bn | 1,704.17 Bn | 20.46 Bn | 14.32% |
| 3 | Advanced Micro Devices | 842.32 Bn | 829.21 Bn | 6.20 Bn | 9.88% |
| 4 | Arm Holdings | 280.94 Bn | 277.05 Bn | 1.25 Bn | 6.72% |
| 5 | Marvell Technology | 207.04 Bn | 203.10 Bn | 1.46 Bn | 18.58% |
| 6 | Qualcomm | 192.34 Bn | 184.04 Bn | 5.28 Bn | 18.68% |
| 7 | Monolithic Power Systems | 60.66 Bn | 59.25 Bn | 541.07 Mn | 20.03% |
| 8 | Astera Labs | 50.52 Bn | 49.27 Bn | 287.57 Mn | -48.88% |
| 9 | Credo Technology Group Holding | 30.60 Bn | 29.83 Bn | 309.08 Mn | -0.45% |
| 10 | Sitime | 16.85 Bn | 14.93 Bn | 99.14 Mn | 0.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | -0.45% |
| May 2, 2026 | -0.67% |
| Jan 31, 2026 | 1.22% |
| Nov 1, 2025 | 1.25% |
| Aug 2, 2025 | 1.99% |
| May 3, 2025 | 2.71% |
| Feb 1, 2025 | 2.50% |
| Nov 2, 2024 | -7.42% |
| Aug 3, 2024 | -6.97% |
| Apr 27, 2024 | -285.47% |
| Jan 27, 2024 | 126.42% |
| Oct 28, 2023 | -7.29% |
| Jul 29, 2023 | 4.39% |
| Apr 29, 2023 | -8.50% |
| Jan 28, 2023 | 892.98% |
| Oct 29, 2022 | -38.21% |
| Jul 30, 2022 | 83.33% |
| Apr 30, 2022 | 17.72% |
| Jan 31, 2022 | 72.88% |
| Oct 31, 2021 | -17.18% |