Credo Technology Group Holding Ltd (CRDO)CRDOCredo Technology Group Holding Ltd

Income Statement

Revenue, expenses, and profitability analysis

Quarterly Income Statement (USD)

Quarterly Report	TTM	05/02/2026	01/31/2026	11/01/2025	08/02/2025	04/30/2025	02/01/2025	11/02/2024	08/03/2024
Revenue	1.335B	437.003M	407.012M	268.027M	223.074M	170.025M	135.002M	72.034M	59.714M
Cost of Goods Sold	426.767M	138.936M	128.144M	86.981M	72.706M	55.837M	49.076M	26.522M	22.431M
Gross Profit	908.349M	298.067M	278.868M	181.046M	150.368M	114.188M	85.926M	45.512M	37.283M
Gross Profit Margin	68.2%	68.2%	68.5%	67.5%	67.4%	67.2%	63.6%	63.2%	62.4%
Total Operating Expenses	463.344M	142.222M	129.246M	102.250M	89.626M	79.527M	59.732M	53.919M	51.734M
Research & Development	279.381M	90.534M	78.483M	57.916M	52.448M	47.582M	36.261M	31.742M	30.409M
Selling, General & Administrative	183.963M	51.688M	50.763M	44.334M	37.178M	31.945M	23.471M	22.177M	21.325M
Operating Income (EBIT)	445.005M	155.845M	149.622M	78.796M	60.742M	34.661M	26.194M	-8.407M	-14.451M
Operating Margin	35.7%	35.7%	36.8%	29.4%	27.2%	20.4%	19.4%	-11.7%	-24.2%
Income Before Tax (EBT)	475.435M	167.981M	159.081M	83.685M	64.688M	37.609M	30.112M	-3.933M	-8.918M
Interest Income	—	—	—	—	—	—	—	—	—
Interest Expense	—	—	—	—	—	—	—	—	—
Other Income/Expense	30.430M	12.136M	9.459M	4.889M	3.946M	2.948M	3.918M	4.474M	5.533M
Net Income	472.279M	169.102M	157.142M	82.636M	63.399M	36.588M	29.360M	-4.225M	-9.540M
Income Tax Expense	3.156M	-1.121M	1.939M	1.049M	1.289M	1.021M	752K	292K	622K
Net Profit Margin	38.7%	38.7%	38.6%	30.8%	28.4%	21.5%	21.7%	-5.9%	-16.0%
EBITDA	480.042M	172.099M	156.378M	85.363M	66.202M	42.318M	31.257M	-3.422M	-10.218M
EBITDA Margin	39.4%	39.4%	38.4%	31.8%	29.7%	24.9%	23.2%	-4.8%	-17.1%
Depreciation & Amortization	35.037M	16.254M	6.756M	6.567M	5.460M	7.657M	5.063M	4.985M	4.233M
EPS Basic	2.62	0.92	0.86	0.47	0.37	0.21	0.17	-0.03	-0.06
EPS Diluted	2.48	0.88	0.82	0.44	0.34	0.20	0.16	-0.03	-0.06
Shares Outstanding	184.683M	184.683M	182.222M	175.307M	171.927M	170.405M	168.167M	166.487M	165.140M
Diluted Shares Outstanding	192.681M	192.681M	192.023M	187.659M	184.577M	182.119M	182.464M	166.487M	165.140M

Annual Income Statement (USD)

Annual Report	05/02/2026	04/30/2025	04/30/2024	04/30/2023	04/30/2022	04/30/2021	04/30/2020
Revenue	1.335B	436.775M	192.970M	184.194M	106.477M	58.697M	53.835M
Cost of Goods Sold	426.767M	153.866M	73.539M	78.000M	42.462M	20.419M	7.729M
Gross Profit	908.349M	282.909M	119.431M	106.194M	64.015M	38.278M	46.106M
Gross Profit Margin	68.0%	64.8%	61.9%	57.7%	60.1%	65.2%	85.6%
Total Operating Expenses	463.344M	244.912M	156.489M	127.429M	85.983M	63.512M	44.035M
Research & Development	279.381M	145.994M	95.531M	76.774M	47.949M	34.845M	27.564M
Selling, General & Administrative	183.963M	98.918M	60.193M	48.248M	34.900M	28.667M	16.471M
Operating Income (EBIT)	445.005M	37.997M	-37.058M	-21.235M	-21.968M	-25.234M	2.071M
Operating Margin	33.3%	8.7%	-19.2%	-11.5%	-20.6%	-43.0%	3.8%
Income Before Tax (EBT)	475.435M	54.870M	-22.745M	-17.914M	-22.213M	-25.296M	2.095M
Interest Income	—	—	—	—	—	—	—
Interest Expense	—	—	—	—	—	—	—
Other Income/Expense	30.430M	16.873M	14.313M	3.321M	-245K	-62K	24K
Net Income	472.279M	52.183M	-28.369M	-16.547M	-22.176M	-27.511M	1.329M
Income Tax Expense	3.156M	2.687M	5.624M	-1.367M	-37K	2.215M	766K
Net Profit Margin	35.4%	11.9%	-14.7%	-9.0%	-20.8%	-46.9%	2.5%
EBITDA	480.042M	59.935M	-23.287M	-11.721M	-17.175M	-23.016M	3.884M
EBITDA Margin	36.0%	13.7%	-12.1%	-6.4%	-16.1%	-39.2%	7.2%
Depreciation & Amortization	35.037M	21.938M	13.771M	9.514M	4.793M	2.218M	1.813M
EPS Basic	2.65	0.31	-0.18	-0.11	-0.16	-0.20	0.02
EPS Diluted	2.51	0.29	-0.18	-0.11	-0.15	-0.20	0.02
Shares Outstanding	178.538M	167.505M	155.091M	146.556M	142.512M	139.947M	72.680M
Diluted Shares Outstanding	188.232M	181.158M	155.091M	146.556M	145.012M	139.947M	72.680M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

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

credosemi.com

Technology / Communication Equipment

Sector: Technology
Industry: Communication Equipment
CEO: William J. Brennan

View full financials