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CRDOCredo Technology Group Holding Ltd

Research & Development Expenses

The latest quarterly r&d expense is $90.53 Million with a quarter-over-quarter change of +15.35%. Research and Development (R&D) expenses represent the costs incurred by a company in developing new products, services, or processes.

R&D Expense

CRDO R&D Expense

$90.53M

Reported quarterly R&D expense; no daily interpolation.

+834.01% 5Y

Current R&D Expense

$90.53M

$90.53 Million

Quarter-over-Quarter Change

+15.35%

vs. $78.48M prior quarter

Historical Data

24

Quarters of data available

Quarterly R&D Expense History

PeriodR&D ExpenseQoQ Change% Change
Q4 2026$90.53M+$12.05M+15.35%
Q3 2026$78.48M+$20.57M+35.51%
Q2 2025$57.92M+$5.47M+10.43%
Q1 2025$52.45M+$4.87M+10.23%
Q4 2025$47.58M+$11.32M+31.22%
Q3 2025$36.26M+$4.52M+14.24%
Q2 2024$31.74M+$1.33M+4.38%
Q1 2024$30.41M+$3.49M+12.96%
Q4 2024$26.92M+$2.69M+11.08%
Q3 2024$24.24M+$2.50M+11.50%
Q2 2023$21.74M$-902,000-3.98%
Q1 2023$22.64M+$1.24M+5.77%
Q4 2023$21.40M+$873,000+4.25%
Q3 2023$20.53M+$2.37M+13.06%
Q2 2022$18.16M+$1.48M+8.84%
Q1 2022$16.68M+$1.22M+7.90%
Q4 2022$15.46M+$4.47M+40.62%
Q3 2022$10.99M$-805,000-6.82%
Q2 2021$11.80M+$2.11M+21.74%
Q1 2021$9.69M+$1.48M+18.08%
Q4 2021$8.21M+$1.22M+17.39%
Q3 2021$6.99M$-5.73M-45.03%
Q2 2020$12.72M+$5.80M+83.78%
Q1 2020$6.92M
Data as of Monday, June 29, 2026

About Credo Technology Group Holding Ltd

Credo Technology Group Holding Ltd (CRDO) specializes in delivering advanced high-speed connectivity solutions for both optical and electrical Ethernet applications. Its operational reach extends globally, encompassing the United States, Mexico, Mainland China, Hong Kong, and various other international regions. The company's product offerings include integrated circuits (ICs), active electrical cables (AECs), and SerDes chiplets, all developed utilizing its proprietary serializer/deserializer (SerDes) and digital signal processor (DSP) technologies. Beyond hardware, Credo also provides intellectual property (IP) solutions, particularly focusing on SerDes IP licensing. Established in 2008, the firm's corporate headquarters are situated in San Jose, California.

San Jose, CA
500 employees
Technology / Communication Equipment
Sector
Technology
Industry
Communication Equipment
CEO
William J. Brennan