Credo Technology Group Holding Ltd (CRDO) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: April 13, 2026

Risk Assessment Details

Potential Dilution: 13.6% of current shares
Recent Dilution: 10.94% (2 years)
Historical Dilution Factor: moderate recent dilution
Outstanding Shares
170M
Potential Supply
23M
Additional shares possible
Splits
None
Past 2 years

Summary

CRDO currently has 172M outstanding shares. with limited dilution risk as only 23.4M additional shares (13.6%) are authorized for issuance. The company has diluted shareholders by 10.94% over the past 2 years through share issuances.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Apr 13, 2026

8-K filing: Credo Technology Group Holding Ltd entered into a share purchase agreement with DustPhotonics Ltd to acquire 100% of the issued and outstanding shares of DustPhotonics for cash and approximately 0.92 million ordinary shares of Credo Technology Group Holding Ltd, with potential contingent consideration of up to approximately 3.21 million additional shares.

170M 23M
Sep 04, 2025

10-Q filing | 171.9M shares outstanding

170M 23M
Jul 02, 2025

10-K filing | 167.5M shares outstanding

170M 23M
Mar 10, 2025

10-Q filing | 168.2M shares outstanding

170M 23M
Dec 03, 2024

10-Q filing | 166.5M shares outstanding

170M 23M
Sep 05, 2024

10-Q filing | 165.1M shares outstanding

170M 23M
Jun 24, 2024

10-K filing | 155.1M shares outstanding

160M 23M
Feb 28, 2024

10-Q filing | 167.2M shares outstanding

170M 23M
Dec 08, 2023

8-K filing: Credo Technology Group Holding Ltd closed its public offering on December 8, 2023, which included the full exercise of the underwriters' option to purchase additional Ordinary Shares.

150M 23M
Dec 06, 2023

8-K filing: Credo Technology Group Holding Ltd announced an underwritten public offering of 8,940,000 ordinary shares at $17.50 per share, with selling shareholders offering 1,060,000 ordinary shares at the same price. The company granted underwriters an option to purchase an additional 1,500,000 shares. Total gross proceeds are expected to be $175 million. ($175.1M proceeds)

150M 23M
Nov 30, 2023

10-Q filing | 150.2M shares outstanding

150M 23M
Aug 29, 2023

10-Q filing | 149.3M shares outstanding

150M 23M
Jun 23, 2023

10-K filing | 146.6M shares outstanding

150M 23M
Mar 02, 2023

10-Q filing | 146.9M shares outstanding

150M 23M
Dec 01, 2022

10-Q filing | 146.0M shares outstanding

150M 23M
Sep 01, 2022

10-Q filing | 145.1M shares outstanding

150M 23M
Jun 08, 2022

10-K filing | 145.3M shares outstanding

150M 23M
Mar 10, 2022

10-Q filing | 144.8M shares outstanding

140M 23M
Feb 10, 2022

8-K filing: Credo Technology Group Holding Ltd completed an initial public offering of 20,000,000 ordinary shares at $10.00 per share on January 31, 2022, and the underwriters fully exercised their option to purchase an additional 3,000,000 shares on February 10, 2022. ($230.0M proceeds)

120M 23M
Jan 18, 2022

S-1/A filing: This S-1/A filing relates to an initial public offering of ordinary shares, with a directed share program for directors and business partners. The company intends to list on the Nasdaq under the symbol 'CRDO'.

120M 23M
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