Companies: 10,795·Total market cap: $144.5T
Credo Technology Group Holding Ltd

Credo Technology Group Holding Ltd

CRDONASDAQTechnology● Active
$221.59
+$14.70(+7.11%)
Market Cap$40.9B
P/E Ratio
52W High$245.95
52W Low$66.75

Credo Technology Group Holding Ltd (CRDO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

CRDO · free cash flow · updated Jun 8, 2026

Core FCF metrics

Free cash flow was $29.0M for FY2025 (fiscal year ending 2025-04-30), up 69.9% year-over-year The FCF margin was 6.6%.

FY2025 Free Cash Flow$29.0M▲ +69.9% YoY
Trailing 12M (TTM)$283.7Mtrailing 4 quarters sum
FCF Margin6.6%$29.0M ÷ revenue
3-Year CAGRN/AN/A — contains negative FCF
5-Year CAGRN/AN/A — contains negative FCF
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
crdo free cash flow history · crdo free cash flow chart · crdo free cash flow growth rate · crdo free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2025Latest$29.0M▲ +69.9%6.6%
FY2024$17.1M▲ +136.9%8.8%
FY2023−$46.3M▲ +4.3%-25.1%
FY2022−$48.4M▲ +0.0%-45.5%
FY2021−$48.4M▼ 153.7%-82.5%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
crdo free cash flow 2025 · crdo free cash flow 2024 · crdo free cash flow 2023 · crdo operating cash flow

FCF valuation metrics

Credo Technology Group Holding Ltd (CRDO) trades at a FCF yield of 0.74% and a price-to-free-cash-flow ratio of 139.4x. FCF per share stands at $1.59, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)
0.74%
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
$1.59
TTM FCF ÷ Shares Outstanding
Price / FCF
x139.4
Share Price ÷ FCF per Share
EV / FCF (TTM)
x130.5
Enterprise Value basis
Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-04-30
crdo price to free cash flow · crdo free cash flow yield · crdo free cash flow per share · crdo price to cash flow ratio

Cash flow statement summary

For FY2025, Credo Technology Group Holding Ltd generated $65.1M in operating cash flow and spent 36M in capital expenditures, yielding $29.0M in free cash flow.

Operating Activities
+$65.1M
Cash from core business operations
2025-04-30
Investing Activities
+$112.0M
CapEx, acquisitions & investments
2025-04-30
Financing Activities
−$7.7M
Buybacks, dividends & debt
2025-04-30
FCF FormulaOperating CF ($65.1M) − |CapEx| (36M) = FCF ($29.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement
crdo cash flow statement · crdo cash flow statement 2025 · crdo operating cash flow · crdo cash flow from operations

Free cash flow vs peers (Technology)

#CompanyFree Cash FlowYoY
#1
Credo Technology Group Holding Ltd
Credo Technology Group Holding LtdYOU
CRDO
$29.0M+69.9%
#2
Taiwan Semiconductor Manufacturing Company Limited
Taiwan Semiconductor Manufacturing Company Limited
TSM
$1.10T+26.1%
#3
Apple Inc.
Apple Inc.
AAPL
$98.77B-9.2%
#4
NVIDIA Corporation
NVIDIA Corporation
NVDA
$96.68B+58.9%
#5
Microsoft Corporation
Microsoft Corporation
MSFT
$71.61B-3.3%
#6
Broadcom Inc.
Broadcom Inc.
AVGO
$26.91B+38.6%
Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Credo Technology Group Holding Ltd (CRDO) reported free cash flow of $29.0M for FY2025 (fiscal year ending 2025-04-30), up 69.9% year-over-year. The FCF margin was 6.6%.

Based on available data, Credo Technology Group Holding Ltd has maintained positive free cash flow for at least 2 fiscal year(s). FCF peaked at $29.0M in FY2025.

Credo Technology Group Holding Ltd's FCF yield is 0.74% and price-to-FCF ratio is 139.4x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Frequently asked questions

CRDO free cash flow · 8 questions

Credo Technology Group Holding Ltd free cash flow was $29.0M for FY2025, up 69.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $283.7M.

CRDO free cash flowCRDO FCFCRDO FCF 2025CRDO free cash flow TTM

Source: FMP /cash-flow-statement · US GAAP · Credo Technology Group Holding Ltd · Credo Technology Group Holding Ltd SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026