Revenue
$1.34B
Fiscal year ended 2026-05-02Operating income
$445.00M
Fiscal year ended 2026-05-02Free cash flow
$407.00M
Fiscal year ended 2026-05-02Credo Technology Group Holding Ltd (CRDO) reported revenue of $1.34B and net income of $472.28M for the fiscal year ended 2026-05-02. This page shows 7 annual periods of income statement, balance sheet and cash flow figures normalized from Credo Technology Group Holding Ltd’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Semiconductors & Related Devices.
Income
| Metric | 2026-05-02 | 2025-05-03 | 2024-04-27 | 2023-04-29 | 2022-04-30 | 2021-04-30 | 2020-04-30 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.34B | $436.78M | $192.97M | $184.19M | $106.48M | $58.70M | $53.84M |
| Cost of revenue | $426.77M | $153.87M | $73.54M | $78.00M | $42.46M | $20.42M | $7.73M |
| Gross profit | $908.35M | $282.91M | $119.43M | $106.19M | $64.02M | $38.28M | $46.11M |
| Operating income | $445.00M | $37.12M | -$37.06M | -$21.24M | -$21.97M | -$25.23M | $2.07M |
| Net income | $472.28M | $52.18M | -$28.37M | -$16.55M | -$22.18M | -$27.51M | $1.33M |
| Research & development | $279.38M | $146.87M | $96.30M | $76.77M | $47.95M | $34.84M | $27.56M |
| Weighted-average diluted shares | shares 188.23M | shares 181.16M | shares 155.09M | shares 146.56M | shares 88.40M | shares 69.10M | shares 71.73M |
| Pretax income | $475.44M | $54.87M | -$22.74M | -$17.91M | -$22.21M | -$25.30M | $2.10M |
| Income tax expense | $3.16M | $2.69M | $5.62M | -$1.37M | -$37.00K | $2.22M | $766.00K |
| Diluted EPS | $2.51 | $0.29 | $-0.18 | $-0.11 | $-0.25 | $-0.40 | $0.00 |
| Selling, general & administrative | $183.96M | $98.92M | $60.19M | $48.25M | $34.90M | $28.67M | $16.47M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-05-02 | 2025-05-03 | 2024-04-27 | 2023-04-29 | 2022-04-30 | 2021-04-30 | 2020-04-30 |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $1.16B | $236.33M | $66.94M | $108.58M | $259.32M | $103.76M | Unavailable |
| Total assets | $2.30B | $809.26M | $601.93M | $397.29M | $375.69M | $155.49M | Unavailable |
| Current assets | $2.00B | $713.53M | $530.26M | $328.23M | $332.18M | $137.80M | Unavailable |
| Total liabilities | $232.01M | $127.68M | $61.73M | $49.65M | $41.53M | $12.96M | Unavailable |
| Current liabilities | $197.09M | $107.71M | $44.62M | $31.03M | $26.50M | $12.53M | Unavailable |
| Total equity incl. NCI | $2.06B | $681.58M | $540.20M | $347.64M | $334.16M | -$55.43M | -$9.41M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | $0 | $0 | $0 | $197.96M | $98.62M |
| Inventory | $250.83M | $90.03M | $25.91M | $46.02M | $27.34M | $7.10M | Unavailable |
| Accounts receivable | $233.38M | $162.14M | $59.66M | $49.54M | $29.52M | $13.64M | Unavailable |
| Goodwill | $92.80M | $0 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts payable | $107.34M | $56.16M | $13.42M | $6.07M | $8.49M | $3.59M | Unavailable |
Cash flow
| Metric | 2026-05-02 | 2025-05-03 | 2024-04-27 | 2023-04-29 | 2022-04-30 | 2021-04-30 | 2020-04-30 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $464.29M | $65.08M | $32.74M | -$24.62M | -$30.83M | -$42.36M | -$10.25M |
| Capital expenditures | $57.30M | $36.06M | $15.65M | $21.71M | $17.58M | $6.06M | $8.83M |
| Investing cash flow | -$253.53M | $111.99M | -$249.48M | -$130.94M | -$17.58M | -$6.06M | -$8.83M |
| Financing cash flow | $717.63M | -$7.73M | $175.28M | $4.88M | $204.18M | $77.89M | $61.21M |
| Net change in cash | $928.62M | $169.39M | -$41.64M | -$150.74M | $155.56M | $29.85M | $42.15M |
| Stock-based compensation | $182.64M | $77.36M | $39.02M | $23.52M | $9.19M | $2.57M | $1.25M |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | $0 | $0 | $22.91M | $0 |
| Depreciation & amortization | $34.64M | $21.94M | $13.77M | $9.51M | $4.79M | $2.22M | $1.81M |
Derived
| Metric | 2026-05-02 | 2025-05-03 | 2024-04-27 | 2023-04-29 | 2022-04-30 | 2021-04-30 | 2020-04-30 |
|---|---|---|---|---|---|---|---|
| Free cash flow | $407.00M | $29.02M | $17.08M | -$46.33M | -$48.41M | -$48.42M | -$19.08M |
| Gross margin | 68.0% | 64.8% | 61.9% | 57.7% | 60.1% | 65.2% | 85.6% |
| Operating margin | 33.3% | 8.5% | -19.2% | -11.5% | -20.6% | -43.0% | 3.8% |
| FCF margin | 30.5% | 6.6% | 8.9% | -25.2% | -45.5% | -82.5% | -35.5% |
| SBC / revenue | 13.7% | 17.7% | 20.2% | 12.8% | 8.6% | 4.4% | 2.3% |
| Current ratio | 10.15x | 6.62x | 11.88x | 10.58x | 12.54x | 11.00x | Unavailable |
| Revenue YoY growth | 205.7% | 126.3% | 4.8% | 73.0% | 81.4% | 9.0% | Unavailable |
| Net margin | 35.4% | 11.9% | -14.7% | -9.0% | -20.8% | -46.9% | 2.5% |
| R&D / revenue | 20.9% | 33.6% | 49.9% | 41.7% | 45.0% | 59.4% | 51.2% |
| CapEx / revenue | 4.3% | 8.3% | 8.1% | 11.8% | 16.5% | 10.3% | 16.4% |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 0.7% | 4.9% | Unavailable | Unavailable | Unavailable | Unavailable | 36.6% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open CRDO in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-09-02View SEC filing
10-K · Filed 2026-06-15View SEC filing
10-Q · Filed 2026-03-03View SEC filing
10-Q · Filed 2025-12-02View SEC filing
10-Q · Filed 2025-09-04View SEC filing
10-K · Filed 2025-07-02View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.