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Side-by-side financial comparison of Credo Technology Group Holding Ltd (CRDO) and ESCO TECHNOLOGIES INC (ESE). Click either name above to swap in a different company.
ESCO TECHNOLOGIES INC is the larger business by last-quarter revenue ($289.7M vs $268.0M, roughly 1.1× Credo Technology Group Holding Ltd). Credo Technology Group Holding Ltd runs the higher net margin — 30.8% vs 9.9%, a 20.9% gap on every dollar of revenue. On growth, Credo Technology Group Holding Ltd posted the faster year-over-year revenue change (272.1% vs 17.3%). ESCO TECHNOLOGIES INC produced more free cash flow last quarter ($63.0M vs $38.5M). Over the past eight quarters, Credo Technology Group Holding Ltd's revenue compounded faster (124.8% CAGR vs 7.8%).
Seiko Group is a corporate group composed of Seiko Group Corporation and its subsidiaries and affiliates. It used to be recognized as a corporate group consisting of three core companies Seiko Holdings Corp., Seiko Instruments Inc., and Seiko Epson Corp. The three companies were linked by a common thread of timepiece technology. Although Epson still develops and manufactures wristwatches for the Seiko Group, Epson and its subsidiaries are not considered part of the group.
Esco is a Singaporean brand that develops, manufactures, and sells products and services for laboratories.
CRDO vs ESE — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $268.0M | $289.7M |
| Net Profit | $82.6M | $28.7M |
| Gross Margin | 67.5% | 41.4% |
| Operating Margin | 29.4% | 13.2% |
| Net Margin | 30.8% | 9.9% |
| Revenue YoY | 272.1% | 17.3% |
| Net Profit YoY | 2055.9% | 22.2% |
| EPS (diluted) | $0.44 | $1.11 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $268.0M | $289.7M | ||
| Q3 25 | $223.1M | $286.5M | ||
| Q2 25 | $170.0M | $296.3M | ||
| Q1 25 | $135.0M | $265.5M | ||
| Q4 24 | $72.0M | $247.0M | ||
| Q3 24 | $59.7M | $298.5M | ||
| Q2 24 | $60.8M | $260.8M | ||
| Q1 24 | $53.1M | $249.1M |
| Q4 25 | $82.6M | $28.7M | ||
| Q3 25 | $63.4M | $218.7M | ||
| Q2 25 | $36.6M | $26.1M | ||
| Q1 25 | $29.4M | $31.0M | ||
| Q4 24 | $-4.2M | $23.5M | ||
| Q3 24 | $-9.5M | $34.3M | ||
| Q2 24 | $-10.5M | $29.2M | ||
| Q1 24 | $428.0K | $23.2M |
| Q4 25 | 67.5% | 41.4% | ||
| Q3 25 | 67.4% | 45.9% | ||
| Q2 25 | 67.2% | 41.2% | ||
| Q1 25 | 63.6% | 41.1% | ||
| Q4 24 | 63.2% | 39.8% | ||
| Q3 24 | 62.4% | 40.1% | ||
| Q2 24 | 65.8% | 39.6% | ||
| Q1 24 | 61.4% | 38.8% |
| Q4 25 | 29.4% | 13.2% | ||
| Q3 25 | 27.2% | 17.2% | ||
| Q2 25 | 19.9% | 11.2% | ||
| Q1 25 | 19.4% | 15.3% | ||
| Q4 24 | -11.7% | 11.4% | ||
| Q3 24 | -24.2% | 14.8% | ||
| Q2 24 | -13.0% | 14.3% | ||
| Q1 24 | -11.1% | 11.7% |
| Q4 25 | 30.8% | 9.9% | ||
| Q3 25 | 28.4% | 76.3% | ||
| Q2 25 | 21.5% | 8.8% | ||
| Q1 25 | 21.7% | 11.7% | ||
| Q4 24 | -5.9% | 9.5% | ||
| Q3 24 | -16.0% | 11.5% | ||
| Q2 24 | -17.2% | 11.2% | ||
| Q1 24 | 0.8% | 9.3% |
| Q4 25 | $0.44 | $1.11 | ||
| Q3 25 | $0.34 | $8.43 | ||
| Q2 25 | $0.22 | $1.01 | ||
| Q1 25 | $0.16 | $1.20 | ||
| Q4 24 | $-0.03 | $0.91 | ||
| Q3 24 | $-0.06 | $1.32 | ||
| Q2 24 | $-0.06 | $1.13 | ||
| Q1 24 | $0.00 | $0.90 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $813.6M | $103.8M |
| Total DebtLower is stronger | — | $145.5M |
| Stockholders' EquityBook value | $1.3B | $1.6B |
| Total Assets | $1.4B | $2.4B |
| Debt / EquityLower = less leverage | — | 0.09× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $813.6M | $103.8M | ||
| Q3 25 | $479.6M | $101.3M | ||
| Q2 25 | $431.3M | $78.7M | ||
| Q1 25 | $379.2M | $57.4M | ||
| Q4 24 | $383.0M | $71.3M | ||
| Q3 24 | $398.6M | $66.0M | ||
| Q2 24 | $410.0M | $63.0M | ||
| Q1 24 | $409.1M | $59.4M |
| Q4 25 | — | $145.5M | ||
| Q3 25 | — | $186.0M | ||
| Q2 25 | — | $525.0M | ||
| Q1 25 | — | $88.0M | ||
| Q4 24 | — | $112.0M | ||
| Q3 24 | — | $122.0M | ||
| Q2 24 | — | $173.0M | ||
| Q1 24 | — | $191.0M |
| Q4 25 | $1.3B | $1.6B | ||
| Q3 25 | $781.4M | $1.5B | ||
| Q2 25 | $681.6M | $1.3B | ||
| Q1 25 | $618.2M | $1.3B | ||
| Q4 24 | $567.9M | $1.2B | ||
| Q3 24 | $553.1M | $1.2B | ||
| Q2 24 | $540.2M | $1.2B | ||
| Q1 24 | $534.0M | $1.2B |
| Q4 25 | $1.4B | $2.4B | ||
| Q3 25 | $905.2M | $2.4B | ||
| Q2 25 | $809.3M | $2.5B | ||
| Q1 25 | $719.9M | $1.8B | ||
| Q4 24 | $638.6M | $1.8B | ||
| Q3 24 | $644.9M | $1.8B | ||
| Q2 24 | $601.9M | $1.8B | ||
| Q1 24 | $592.5M | $1.8B |
| Q4 25 | — | 0.09× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | — | 0.40× | ||
| Q1 25 | — | 0.07× | ||
| Q4 24 | — | 0.09× | ||
| Q3 24 | — | 0.10× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | — | 0.16× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $61.7M | $68.9M |
| Free Cash FlowOCF − Capex | $38.5M | $63.0M |
| FCF MarginFCF / Revenue | 14.4% | 21.7% |
| Capex IntensityCapex / Revenue | 8.7% | 2.0% |
| Cash ConversionOCF / Net Profit | 0.75× | 2.40× |
| TTM Free Cash FlowTrailing 4 quarters | $143.6M | $239.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $61.7M | $68.9M | ||
| Q3 25 | $54.2M | $109.9M | ||
| Q2 25 | $57.8M | $73.7M | ||
| Q1 25 | $4.2M | $24.1M | ||
| Q4 24 | $10.3M | $34.2M | ||
| Q3 24 | $-7.2M | $72.1M | ||
| Q2 24 | $4.2M | $36.2M | ||
| Q1 24 | $-1.0M | $10.5M |
| Q4 25 | $38.5M | $63.0M | ||
| Q3 25 | $51.3M | $97.8M | ||
| Q2 25 | $54.2M | $64.9M | ||
| Q1 25 | $-383.0K | $14.0M | ||
| Q4 24 | $-11.7M | $29.0M | ||
| Q3 24 | $-13.1M | $60.9M | ||
| Q2 24 | $962.0K | $27.6M | ||
| Q1 24 | $-6.1M | $2.0M |
| Q4 25 | 14.4% | 21.7% | ||
| Q3 25 | 23.0% | 34.1% | ||
| Q2 25 | 31.9% | 21.9% | ||
| Q1 25 | -0.3% | 5.3% | ||
| Q4 24 | -16.2% | 11.7% | ||
| Q3 24 | -21.9% | 20.4% | ||
| Q2 24 | 1.6% | 10.6% | ||
| Q1 24 | -11.6% | 0.8% |
| Q4 25 | 8.7% | 2.0% | ||
| Q3 25 | 1.3% | 4.2% | ||
| Q2 25 | 2.1% | 3.0% | ||
| Q1 25 | 3.4% | 3.8% | ||
| Q4 24 | 30.5% | 2.1% | ||
| Q3 24 | 9.8% | 3.8% | ||
| Q2 24 | 5.3% | 3.3% | ||
| Q1 24 | 9.6% | 3.4% |
| Q4 25 | 0.75× | 2.40× | ||
| Q3 25 | 0.85× | 0.50× | ||
| Q2 25 | 1.58× | 2.83× | ||
| Q1 25 | 0.14× | 0.78× | ||
| Q4 24 | — | 1.46× | ||
| Q3 24 | — | 2.10× | ||
| Q2 24 | — | 1.24× | ||
| Q1 24 | -2.42× | 0.45× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CRDO
| Other | $132.1M | 49% |
| HK | $104.4M | 39% |
| RESTOFTHEWORLD | $31.5M | 12% |
ESE
| US Government | $98.0M | 34% |
| Utility Solutions Group | $87.5M | 30% |
| RF Shielding And Test | $58.3M | 20% |
| Commercial | $45.8M | 16% |
| Related Party | $1.3M | 0% |
