Credo Technology Group Holding Ltd income statement CRDO

Annual Quarterly

In fiscal 2026, which ended May 2, 2026, Credo Technology Group Holding Ltd reported revenue of $1.3 billion, up 205.7% from the year before. Net income was $472.3 million, a profit margin of 35.4%. Operating income came to $445.0 million, an operating margin of 33.3%. Diluted earnings per share were $2.51. Over the twelve months ended Aug 1, 2026, revenue was $1.6 billion and net income was $538.3 million. Across the 5 fiscal years shown, revenue grew from $106.5 million in fiscal 2022 to $1.3 billion in fiscal 2026, about 88.2% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

FY 2027
Aug 1, 2026
FY 2026
May 2, 2026
FY 2025
May 3, 2025
FY 2024
Apr 27, 2024
FY 2023
Apr 29, 2023
FY 2022
Apr 30, 2022
Revenue
1,591
+165.1%
1,335
+205.7%
437
+126.3%
193
+4.8%
184
+73.0%
106
Cost of revenue
524
+156.7%
427
+177.4%
154
+109.2%
74
-5.7%
78
+83.7%
42
Gross profit
1,067
+169.5%
908
+221.1%
283
+136.9%
119
+12.5%
106
+65.9%
64
Research and development
341
+102.2%
279
+90.2%
147
+52.5%
96
+25.4%
77
+60.1%
48
Selling, general and administrative
221
+92.2%
184
+86.0%
99
+64.3%
60
+24.8%
48
+38.2%
35
Operating expenses
562
+98.1%
463
+88.5%
246
+57.1%
156
—
—
Operating income
505
+349.6%
445
+1098.7%
37
+200.2%
-37
-74.5%
-21
+3.3%
-22
Other non-operating income (expense)
35
+114.3%
30
+71.5%
18
+24.0%
14
+331.0%
3
+1455.5%
-0
Pretax income
540
+320.0%
475
+766.5%
55
+341.2%
-23
-27.0%
-18
+19.4%
-22
Income tax
1
-61.8%
3
+17.5%
3
-52.2%
6
+511.4%
-1
-3594.6%
-0
Net income
538
+330.2%
472
+805.0%
52
+283.9%
-28
-71.4%
-17
+25.4%
-22
Basic EPS
2.96
+300.0%
2.65
+754.8%
0.31
+272.2%
-0.18
-63.6%
-0.11
+56.0%
-0.25
Diluted EPS
2.82
+320.3%
2.51
+765.5%
0.29
+261.1%
-0.18
-63.6%
-0.11
+56.0%
-0.25
Weighted average shares, basic
182
+7.6%
179
+6.6%
168
+8.0%
155
+5.8%
147
+65.8%
88
Weighted average shares, diluted
191
+2.3%
188
+3.9%
181
+16.8%
155
+5.8%
147
+65.8%
88
Other measures
Depreciation and amortization
38
+63.1%
35
+57.9%
22
+59.3%
14
+44.7%
10
+98.5%
5
EBITDA
543
+300.6%
480
+712.1%
59
+353.6%
-23
-98.7%
-12
+31.8%
-17
Margins
Gross margin
67.07%
68.04%
64.77%
61.89%
57.65%
60.12%
Operating margin
31.74%
33.33%
8.50%
-19.20%
-11.53%
-20.63%
Pretax margin
33.91%
35.61%
12.56%
-11.79%
-9.73%
-20.86%
Profit margin
33.83%
35.37%
11.95%
-14.70%
-8.98%
-20.83%
EBITDA margin
34.11%
35.93%
13.52%
-12.07%
-6.36%
-16.13%
Effective tax rate
0.24%
0.66%
4.90%
—
—
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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Company profile

Industry
Semiconductors & Related Devices (SIC 3674)
Listed as
CRDO (Nasdaq)
Fiscal year ends
April 29
Incorporated in
Cayman Islands
Headquarters
Grand Cayman, Cayman Islands
SEC filer status
Large accelerated filer
SEC CIK
1807794

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.