Credo Technology Group Holding (CRDO) Tax Rate (2021 - 2026)
Credo Technology Group Holding (CRDO) posted Tax Rate of 0.67% for Q2 2026, down 154.75% sequentially from 1.22% in Q1 2026, and down 338.0% YoY from 0.28% in Q2 2025.
Credo Technology Group Holding (CRDO) Tax Rate (2021 - 2026) Analysis & Trends
Credo Technology Group Holding has reported Tax Rate for 6 years, with the latest figure at 0.67% in Q2 2026.
- Quarterly Tax Rate fell 338.0% year-over-year to 0.67% in Q2 2026, while the trailing twelve-month figure through May 2026 was 0.66% (down 423.0% YoY) and the FY2026 annual result came in at 0.66%, down 423.0% from the prior year.
- Tax Rate eased to 0.67% in Q2 2026 per CRDO's latest filing, from 1.22% in the prior quarter.
- Over five years, Tax Rate peaked at 892.98% in Q1 2023 and troughed at 285.47% in Q2 2024.
- A 5-year average of 47.38% and a median of 1.62% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 82010 bps in 2023, then slumped 76656 bps in 2024.
- Over 5 years, Tax Rate stood at 38.21% in 2022, then surged by 81 bps to 7.29% in 2023, then retreated by 2 bps to 7.42% in 2024, then surged by 117 bps to 1.25% in 2025, then slumped by 153 bps to 0.67% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 0.67%, 1.22%, and 1.25% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 10,848.43 Bn | 10,750.17 Bn | 23.77 Bn | 16.72% |
| 2 | Nvidia | 5,220.28 Bn | 5,169.94 Bn | 61.16 Bn | 16.59% |
| 3 | Broadcom | 1,746.09 Bn | 1,726.46 Bn | 15.42 Bn | 8.09% |
| 4 | Micron Technology | 1,092.82 Bn | 1,066.80 Bn | 35.06 Bn | 14.99% |
| 5 | Advanced Micro Devices | 773.31 Bn | 760.20 Bn | 6.20 Bn | 9.88% |
| 6 | Intel | 459.59 Bn | 429.86 Bn | 6.51 Bn | -0.27% |
| 7 | Arm Holdings | 259.13 Bn | 255.24 Bn | 1.25 Bn | 6.72% |
| 8 | Texas Instruments | 241.28 Bn | 234.28 Bn | 3.35 Bn | 11.53% |
| 9 | Marvell Technology | 209.48 Bn | 205.64 Bn | 1.26 Bn | 58.58% |
| 10 | Credo Technology Group Holding | 41.16 Bn | 39.71 Bn | 298.07 Mn | -0.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | -0.67% |
| May 2, 2026 | -0.67% |
| May 2, 2026 | -0.67% |
| Jan 31, 2026 | 1.22% |
| Jan 31, 2026 | 1.22% |
| Jan 31, 2026 | 1.22% |
| Nov 1, 2025 | 1.25% |
| Nov 1, 2025 | 1.25% |
| Nov 1, 2025 | 1.25% |
| Aug 2, 2025 | 1.99% |
| Aug 2, 2025 | 1.99% |
| Aug 2, 2025 | 1.99% |
| May 3, 2025 | 2.71% |
| May 3, 2025 | 2.71% |
| May 3, 2025 | 2.71% |
| Feb 1, 2025 | 2.50% |
| Feb 1, 2025 | 2.50% |
| Feb 1, 2025 | 2.50% |
| Nov 2, 2024 | -7.42% |
| Nov 2, 2024 | -7.42% |