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 (CRDO) has 6 years of Tax Rate data on file, last reported 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.
- The five-year high for Tax Rate was 892.98% in Q1 2023, with the low at 285.47% in Q2 2024.
- Average Tax Rate over 5 years is 47.38%, with a median of 1.62% recorded in 2025.
- Year-over-year, Tax Rate soared 82010 bps in 2023 and plunged 76656 bps in 2024.
- Credo Technology Group Holding's Tax Rate stood at 38.21% in 2022, then soared by 81 bps to 7.29% in 2023, then decreased by 2 bps to 7.42% in 2024, then soared by 117 bps to 1.25% in 2025, then tumbled by 153 bps to 0.67% in 2026.
- Business Quant data shows CRDO's Tax Rate at 0.67% in Q2 2026, 1.22% in Q1 2026, and 1.25% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,798.43 Bn | 4,754.95 Bn | 61.16 Bn | 16.59% |
| 2 | Micron Technology | 1,164.41 Bn | 1,138.39 Bn | 35.06 Bn | 14.99% |
| 3 | Advanced Micro Devices | 882.18 Bn | 869.83 Bn | 5.42 Bn | 14.84% |
| 4 | Intel | 645.64 Bn | 626.45 Bn | 5.35 Bn | -8.49% |
| 5 | Aeluma | 370.26 Bn | 370.22 Bn | 386,000.00 | - |
| 6 | Arm Holdings | 358.73 Bn | 355.13 Bn | 1.46 Bn | -34.93% |
| 7 | Texas Instruments | 271.25 Bn | 266.15 Bn | 2.80 Bn | 9.86% |
| 8 | Marvell Technology | 239.95 Bn | 236.10 Bn | 1.26 Bn | 58.58% |
| 9 | Qualcomm | 193.93 Bn | 184.13 Bn | 4.16 Bn | -230.20% |
| 10 | Credo Technology Group Holding | 46.26 Bn | 44.81 Bn | 298.07 Mn | -0.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | -0.67% |
| May 2, 2026 | -0.67% |
| Jan 31, 2026 | 1.22% |
| Jan 31, 2026 | 1.22% |
| Nov 1, 2025 | 1.25% |
| Nov 1, 2025 | 1.25% |
| Aug 2, 2025 | 1.99% |
| Aug 2, 2025 | 1.99% |
| May 3, 2025 | 2.71% |
| May 3, 2025 | 2.71% |
| Feb 1, 2025 | 2.50% |
| Feb 1, 2025 | 2.50% |
| Nov 2, 2024 | -7.42% |
| Nov 2, 2024 | -7.42% |
| Aug 3, 2024 | -6.97% |
| Aug 3, 2024 | -6.97% |
| Apr 27, 2024 | -285.47% |
| Apr 27, 2024 | -285.47% |
| Jan 27, 2024 | 126.42% |
| Jan 27, 2024 | 126.42% |