CRDO
Credo Technology Group Holding Ltd
Stock
$210.17+15.38 (+7.90%)Close Oct 1, 2026
Income statement
| Line | TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.6B | $1.3B | $437M | $193M | $184M | $106M | $59M | $54M |
| Cost of revenue | $524M | $427M | $154M | $74M | $78M | $42M | $20M | $7.7M |
| Gross profit | $1.1B | $908M | $283M | $119M | $106M | $64M | $38M | $46M |
| R&D | $341M | $279M | $147M | $96M | $77M | $48M | $35M | $28M |
| SG&A | $221M | $184M | $99M | $60M | $48M | $35M | $29M | $16M |
| Other operating expenses | — | — | — | — | $2.4M | $3.1M | — | — |
| Operating income | $505M | $445M | $37M | −$37M | −$21M | −$22M | −$25M | $2.1M |
| Non-operating income | $35M | $30M | $18M | $14M | $3.3M | −$245K | −$62K | $24K |
| Pretax income | $540M | $475M | $55M | −$23M | −$18M | −$22M | −$25M | $2.1M |
| Taxes | $1.3M | $3.2M | $2.7M | $5.6M | −$1.4M | −$37K | $2.2M | $766K |
| Net income | $538M | $472M | $52M | −$28M | −$17M | −$22M | −$28M | $1.3M |
| Diluted EPS | $2.83 | $2.51 | $0.29 | −$0.18 | −$0.11 | −$0.25 | −$0.40 | $0.00 |
| Diluted shares | — | 188.2M | 181.2M | 155.1M | 146.6M | 88.4M | 69.1M | 71.7M |
| Revenue growth | — | +205.7% | +126.3% | +4.8% | +73.0% | +81.4% | +9.0% | — |
| Gross margin | 67.1% | 68.0% | 64.8% | 61.9% | 57.7% | 60.1% | 65.2% | 85.6% |
| Operating margin | 31.7% | 33.3% | 8.5% | −19.2% | −11.5% | −20.6% | −43.0% | 3.8% |
| Net margin | 33.8% | 35.4% | 11.9% | −14.7% | −9.0% | −20.8% | −46.9% | 2.5% |
Cost of revenue, other operating expenses, non-operating income and taxes are the differences between the lines reported around them.