Credo Technology Group (CRDO)财务
NASDAQ · Technology · Semiconductors · 员工807人 · CEO William J. Brennan
- 股价
- $150.99 -8.65%
- 市值
- $284亿
- 企业价值
- $279亿
- 最近财报
- Q1 '27 2026-09-02提交
- 下次财报
- 2026-12-02 EPS预期 $1.29
营收(TTM)$15.9亿+165.1% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)31.7%+12.9 百分点 对比去年同期营业利润 $5.05亿
净利润(TTM)$5.38亿+330.2% 对比去年同期税后,含营业外收益
自由现金流(TTM)$4.39亿+369.2% 对比去年同期资本支出 $6180万
稀释EPS(TTM)$2.81+316.5% 对比去年同期最近4个季度之和
净现金$7.44亿+60.2% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $284亿 EV $279亿
- 营收
- $15.9亿 过去12个月
- 营收增速
- +87% FY2027年一致预期
- 净利润率
- 33.8% 净利润 / 营收,TTM
- P/E
- 51.2× 预期 24.0×(FY2027)
- P/S
- 17.8× 股价 / 营收,TTM
- EV / EBITDA
- 47.4× TTM
- 自由现金流
- $4.39亿 过去12个月
- 净利润
- $5.38亿 过去12个月
- 营收预期
- $25亿 FY2027年一致预期
- 盈利
- 2026-12-02 营收预期 $5.32亿
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-09-01):营收超预期1.2%,EPS 超预期2.6%营收$4.79亿,预期$4.73亿(+1.2%);EPS $1.20,预期$1.17(+2.6%)。
- 营收增长放缓:同比114.7%Q1 '27营收$4.79亿,此前四个季度的平均值为226.0%。
- 营业利润率31.7%(TTM),较去年同期+12.9 百分点营收增长165.1%,营业利润增长346.1%。
- 资本支出占营收的3.9%(去年为5.5%)最近4个季度投入$6180万(同比+87.0%)。自由现金流$4.39亿,相当于净利润的81.5%。
- 股东回报$4510万 = 自由现金流的10.3%回购$4510万(去年为$0),股息$0,股权激励$2.35亿(TTM)。
- 稀释股数一年内增加5.3%Q1 '27稀释股数1.94亿,一年前为1.85亿。
- 净现金 $7.44亿现金 + 短期投资 $7.64亿,含租赁债务 $2070万;一年前净现金 $4.64亿。
上一季度:Q1 '27
截至2026-08-01的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q1 '27 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $4.79亿 | $2.23亿 | +114.7% |
| 毛利率 | 64.5% | 67.4% | -2.9 百分点 |
| 营业利润 | $1.21亿 | $6070万 | +98.7% |
| 营业利润率 | 25.2% | 27.2% | -2.0 百分点 |
| 净利润 | $1.29亿 | $6340万 | +104.1% |
| 稀释EPS | $0.67 | $0.34 | +97.1% |
| 经营现金流 | $9020万 | $5420万 | +66.6% |
| 资本支出 | $728万 | $282万 | +158.1% |
| 自由现金流 | $8290万 | $5130万 | +61.5% |
| R&D | $1.15亿 | $5240万 | +118.4% |
| 股权激励费用 | $8800万 | $3550万 | +148.1% |
实际 vs 一致预期
2026-09-01| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $4.79亿 | $4.73亿 | +1.2% |
| EPS(一致预期口径) | $1.20 | $1.17 | +2.6% |
来自2026-09-01发布的Q1 '27财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q1 '27 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Reportable Segment | $4.79亿 | – | 100.0% | – | – | |
| Product | – | – | – | – | – | |
| License | – | – | – | – | – |
按地区划分的营收
占总额比例| 分部 | Q1 '27 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| United States | $2.55亿 | +208.4% | 53.3% | $9.41亿 | +586.0% | |
| Hong Kong | $9120万 | +21.8% | 19.0% | $3.95亿 | +36.4% | |
| MALAYSIA | $7450万 | – | 15.5% | – | – | |
| Rest Of The World | $5680万 | +318.5% | 11.9% | $1.28亿 | +163.7% | |
| CHINA | $110万 | -97.9% | 0.2% | $3020万 | -75.2% |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $5亿
- 资本支出
- -$6180万
- 股票回购
- -$4510万
- 股息
- $0
- 收购
- -$8.49亿
- 债务净发行
- $0
- 股权激励费用
- $2.35亿
- 自由现金流
- $4.39亿
- 股东回报 / FCF
- 10.3%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 51.2× | 104.2× 5年中的2年 | 69.6× – 138.9× |
| EV / EBITDA | 47.4× | 76.7× 5年中的2年 | 62.3× – 91.0× |
| EV / 营收 | 17.6× | 14.5× | 6.0× – 23.8× |
| 股价 / FCF | 64.7× | 163.9× 5年中的3年 | 80.9× – 248.5× |
| 股价 / 净资产 | 10.3× | 8.0× | 3.4× – 16.0× |
| FCF收益率 | 1.5% | -0.9% | -3.9% – 1.2% |
| 投入资本回报率 | 17.9% | 1.6% | -6.6% – 21.0% |
| 净资产收益率 | 27.2% | 2.8% | -6.6% – 22.9% |
分析师
一致目标价 $272.91 (+80.7%)
区间 $235.00 – $310.00 · 评级 Buy
强烈买入0
买入14
持有2
卖出0
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2027 | $25亿 | +87.5% | $6.30 | +151.0% | 24.0× | 12 |
| FY2028 | $38.6亿 | +54.2% | $9.67 | +53.6% | 15.6× | 12 |
| FY2029 | $50.1亿 | +29.9% | $12.38 | +27.9% | 12.2× | 5 |
| FY2030 | $56.7亿 | +13.0% | $13.60 | +9.9% | 11.1× | 1 |
| FY2031 | $62.5亿 | +10.2% | $13.45 | -1.1% | 11.2× | 2 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Credo Technology Group Holding Ltd在近期10-Q / 10-K文件中标记的全部208项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| – | – | – | $14.8万 | – | – | |
| – | – | – | 0.0% | – | – | |
| – | – | – | $0 | – | – | |
| – | – | – | $1.1万 | – | – | |
| Accounts Payable and Other Accrued Liabilities, Current | $4570万 | $625万 | +632.0% | $4390万 | $1350万 | +224.6% |
| Accounts Payable, Current | $1.02亿 | $5490万 | +85.5% | $1.07亿 | $5620万 | +91.1% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $2.89亿 | $1.81亿 | +59.4% | $2.33亿 | $1.62亿 | +43.9% |
| Accrued Liabilities, Current | $1550万2025-08-02 | $1060万 | +45.8% | $1220万2025-05-03 | $883万 | +38.2% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $8720万 | $4970万 | +75.6% | $7860万 | $4420万 | +77.8% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$13.8万 | -$42.8万 | +67.8% | $243万 | -$43.7万 | +655.1% |
| Additional Paid in Capital | $22.1亿 | $8.02亿 | +175.7% | $16.7亿 | $7.65亿 | +118.5% |
| Adjustments to Additional Paid in Capital, Warrant Issued | – | – | – | $1320万2025-05-03 | $393万 | +235.9% |
| Amortization of Intangible Assets | $1160万 | $0 | – | $40万 | $0 | – |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 52.8万2025-11-01 | -119万 | +144.4% | 60.9万 | 335万 | -81.8% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $8800万 | $3550万 | +148.1% | $1.83亿 | $7740万 | +136.1% |
| Assets | $30.1亿 | $9.05亿 | +232.8% | $23亿 | $8.09亿 | +183.7% |
| Assets, Current | $14.7亿 | $8.04亿 | +82.5% | $20亿 | $7.14亿 | +180.4% |
| Assets, Fair Value Disclosure | $7.52亿 | – | – | $14.3亿 | $4.08亿 | +250.3% |
| Capital Expenditures Incurred but Not yet Paid | $1010万 | $968万 | +4.4% | $1610万 | $888万 | +81.4% |
| Cash and Cash Equivalents, at Carrying Value | $4.67亿 | $2.2亿 | +112.6% | $11.6亿 | $2.36亿 | +392.9% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $4.67亿 | $2.2亿 | +112.6% | $11.6亿 | $2.36亿 | +392.9% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | -$6.98亿 | -$1670万 | -4,082.1% | $9.29亿 | $1.69亿 | +448.2% |
| Class of Warrant or Right, Exercise Price of Warrants or Rights | – | – | – | $10.742025-05-03 | $10.74 | 0.0% |
| Class of Warrant or Right, Number of Securities Called by Warrants or Rights | – | – | – | 410万2022-04-30 | – | – |
| Common Stock, Par or Stated Value Per Share | $0.00 | $0.00 | 0.0% | $0.00 | $0.00 | 0.0% |
| Common Stock, Shares Authorized | 10亿 | 10亿 | 0.0% | 10亿 | 10亿 | 0.0% |
| Common Stock, Shares, Issued | 1.88亿 | 1.73亿 | +8.6% | 1.85亿 | 1.71亿 | +8.3% |
| Common Stock, Shares, Outstanding | 1.88亿 | 1.73亿 | +8.6% | 1.85亿 | 1.71亿 | +8.3% |
| Common Stock, Value, Issued | $9000 | $9000 | 0.0% | $9000 | $8000 | +12.5% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $1.27亿 | $6340万 | +100.1% | $4.75亿 | $5230万 | +809.1% |
| Contract with Customer, Asset, after Allowance for Credit Loss | $1080万2025-08-02 | – | – | $990万2025-05-03 | $2230万 | -55.6% |
| Contract with Customer, Liability | $310万2025-08-02 | – | – | $150万2025-05-03 | $400万 | -62.5% |
| Contract with Customer, Liability, Revenue Recognized | $40万2025-08-02 | – | – | $390万2025-05-03 | $410万 | -4.9% |
| Cost of Goods and Services Sold | $1.7亿 | $7270万 | +133.7% | $4.27亿 | $1.54亿 | +177.4% |
| Current Federal Tax Expense (Benefit) | – | – | – | $0 | $0 | – |
| Current Foreign Tax Expense (Benefit) | – | – | – | $622万 | $225万 | +176.3% |
| Current Income Tax Expense (Benefit) | – | – | – | $626万 | $227万 | +176.2% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $3.2万 | $1.2万 | +166.7% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | -$256万 | $0 | – |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | -$38.6万 | $42.2万 | -191.5% |
| Deferred Income Tax Expense (Benefit) | – | – | – | -$310万 | $42.2万 | -834.6% |
| Deferred Income Tax Liabilities, Net | $5370万 | – | – | – | – | – |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | -$15.2万 | $0 | – |
| Deferred Tax Assets, Goodwill and Intangible Assets | $02026-05-02 | $14.1万 | -100.0% | $0 | $14.1万 | -100.0% |
| Deferred Tax Assets, Gross | $1.7亿2026-05-02 | $7300万 | +133.6% | $1.7亿 | $7300万 | +133.6% |
| Deferred Tax Assets, Operating Loss Carryforwards | $7840万2026-05-02 | $2860万 | +174.4% | $7840万 | $2860万 | +174.4% |
| Deferred Tax Assets, Other | $87万2026-05-02 | $1.1万 | +7,809.1% | $87万 | $1.1万 | +7,809.1% |
| Deferred Tax Assets, Tax Credit Carryforwards, Foreign | $02026-05-02 | $0 | – | $0 | $0 | – |
| Deferred Tax Assets, Tax Credit Carryforwards, Research | $7290万2026-05-02 | $3560万 | +104.5% | $7290万 | $3560万 | +104.5% |
| Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost | $1060万2026-05-02 | $367万 | +188.0% | $1060万 | $367万 | +188.0% |
| Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Accrued Liabilities | $285万2026-05-02 | $190万 | +49.7% | $285万 | $190万 | +49.7% |
| Deferred Tax Assets, Valuation Allowance | $1.63亿2026-05-02 | $6950万 | +134.5% | $1.63亿 | $6950万 | +134.5% |
| Deferred Tax Liabilities, Gross | $1320万2026-05-02 | $485万 | +172.7% | $1320万 | $485万 | +172.7% |
| Deferred Tax Liabilities, Leasing Arrangements | $478万2026-05-02 | $289万 | +65.4% | $478万 | $289万 | +65.4% |
| Deferred Tax Liabilities, Net | $564万2026-05-02 | $133万 | +325.6% | $564万 | $133万 | +325.6% |
| Deferred Tax Liabilities, Other | $650万2026-05-02 | $0 | – | $650万 | $0 | – |
| Deferred Tax Liabilities, Property, Plant and Equipment | $195万2026-05-02 | $196万 | -0.5% | $195万 | $196万 | -0.5% |
| Deposits Assets, Current | $6290万 | – | – | – | – | – |
| Depreciation, Depletion and Amortization | $861万 | $546万 | +57.6% | $3460万 | $2190万 | +57.9% |
| Earnings Per Share, Basic | $0.70 | $0.37 | +89.2% | $2.65 | $0.31 | +754.8% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标和预期均根据公司文件标准化。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-08-01, 10-K 2026-05-02, 10-Q 2026-01-31, 10-Q 2025-11-01, 10-Q 2025-08-02, 10-K 2025-05-03, 10-Q 2025-02-01, 10-Q 2024-11-02, 10-Q 2024-08-03
数据截至 2026-11-02