Credo Technology Group Holding Ltd (CRDO) quarterly income statement — complete revenue, gross profit & net income history
Credo Technology Group Holding Ltd (CRDO) annual income statement — 7-year revenue, gross profit & net income history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Sales/Revenue | 479M | 437M | 407.01M | 268.03M | 223.07M | 170.03M | 135M | 72.03M | 59.71M | 60.78M | 53.06M | 44.03M | 35.09M | 32.09M | 54.27M | 51.37M | 46.47M | 37.53M | 31.8M | 26.43M |
| Revenue Growth % | 114.73% | 157.02% | 201.49% | 272.08% | 273.57% | 179.73% | 154.44% | 63.58% | 70.15% | 89.42% | -2.23% | -14.28% | -24.47% | -14.49% | 70.66% | 94.38% | 333.3% | 90.01% | - | - |
| Cost of Goods Sold | 169.92M | 138.94M | 128.14M | 86.98M | 72.71M | 55.84M | 49.08M | 26.52M | 22.43M | 20.82M | 20.5M | 17.92M | 14.3M | 13.5M | 22.28M | 23.41M | 18.8M | 13.76M | 12.69M | 10.47M |
| COGS % of Revenue | 35.47% | 31.79% | 31.48% | 32.45% | 32.59% | 32.84% | 36.35% | 36.82% | 37.56% | 34.25% | 38.64% | 40.69% | 40.76% | 42.08% | 41.06% | 45.57% | 40.47% | 36.66% | 39.9% | 39.63% |
| Gross Profit | 309.08M | 298.07M | 278.87M | 181.05M | 150.37M | 114.19M | 85.93M | 45.51M | 37.28M | 39.97M | 32.56M | 26.12M | 20.79M | 18.59M | 31.99M | 27.96M | 27.66M | 23.77M | 19.11M | 15.95M |
| Gross Margin % | 64.53% | 68.21% | 68.52% | 67.55% | 67.41% | 67.16% | 63.65% | 63.18% | 62.44% | 65.75% | 61.36% | 59.31% | 59.24% | 57.92% | 58.94% | 54.43% | 59.53% | 63.34% | 60.1% | 60.37% |
| Gross Profit Growth % | 105.55% | 161.03% | 224.54% | 297.8% | 303.32% | 185.71% | 163.92% | 74.26% | 79.33% | 115.04% | 1.79% | -6.59% | -24.85% | -21.81% | 67.37% | 75.25% | 434.03% | 77.86% | - | - |
| Operating Expenses | 188.38M | 142.22M | 129.25M | 102.25M | 89.63M | 79.53M | 59.73M | 53.92M | 51.73M | 47.85M | 38.47M | 34.99M | 35.18M | 34.98M | 34.87M | 29.7M | 27.88M | 30.1M | 19.56M | 19.51M |
| OpEx % of Revenue | 39.33% | 32.54% | 31.75% | 38.15% | 40.18% | 46.77% | 44.25% | 74.85% | 86.64% | 78.72% | 72.5% | 79.46% | 100.25% | 109% | 64.26% | 57.81% | 60% | 80.22% | 61.52% | 73.82% |
| Selling, General & Admin | 73.86M | 51.69M | 50.76M | 44.33M | 37.18M | 31.95M | 23.47M | 22.18M | 21.32M | 20.16M | 14.23M | 13.26M | 12.54M | 13.57M | 11.94M | 11.54M | 11.2M | 11.51M | 8.57M | 7.71M |
| SG&A % of Revenue | 15.42% | 11.83% | 12.47% | 16.54% | 16.67% | 18.79% | 17.39% | 30.79% | 35.71% | 33.17% | 26.83% | 30.1% | 35.74% | 42.3% | 21.99% | 22.46% | 24.1% | 30.66% | 26.94% | 29.17% |
| Research & Development | 114.52M | 90.53M | 78.48M | 57.92M | 52.45M | 47.58M | 36.26M | 31.74M | 30.41M | 26.92M | 24.24M | 21.74M | 22.64M | 21.4M | 20.53M | 18.16M | 16.68M | 15.46M | 10.99M | 11.8M |
| R&D % of Revenue | 23.91% | 20.72% | 19.28% | 21.61% | 23.51% | 27.99% | 26.86% | 44.07% | 50.92% | 44.29% | 45.68% | 49.36% | 64.5% | 66.7% | 37.83% | 35.35% | 35.9% | 41.2% | 34.58% | 44.65% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 765K | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 1000K | 0 | 0 |
| Operating Income | 120.7M | 155.84M | 149.62M | 78.8M | 60.74M | 34.66M | 26.19M | -8.41M | -14.45M | -7.88M | -5.91M | -8.88M | -14.39M | -16.39M | -2.89M | -1.74M | -218K | -6.33M | -451K | -3.55M |
| Operating Margin % | 25.2% | 35.66% | 36.76% | 29.4% | 27.23% | 20.39% | 19.4% | -11.67% | -24.2% | -12.97% | -11.14% | -20.15% | -41.01% | -51.08% | -5.32% | -3.39% | -0.47% | -16.88% | -1.42% | -13.45% |
| Operating Income Growth % | 98.71% | 349.63% | 471.21% | 1037.27% | 520.33% | 539.8% | 543.14% | 5.27% | -0.42% | 51.92% | -104.82% | -410.35% | -6501.38% | -158.83% | -539.91% | 51.07% | 98.13% | -231.57% | - | - |
| EBITDA | 128.84M | 172.1M | 156.38M | 85.36M | 66.2M | 42.32M | 31.26M | -3.42M | -10.22M | -4.2M | -2.47M | -5.18M | -11.44M | -13.41M | -613K | 885K | 1.42M | -4.8M | 811K | -2.42M |
| EBITDA Margin % | 26.9% | 39.38% | 38.42% | 31.85% | 29.68% | 24.89% | 23.15% | -4.75% | -17.11% | -6.9% | -4.66% | -11.76% | -32.6% | -41.79% | -1.13% | 1.72% | 3.05% | -12.8% | 2.55% | -9.16% |
| EBITDA Growth % | 94.62% | 306.68% | 400.3% | 2594.54% | 747.9% | 1108.77% | 1363.42% | 33.9% | 10.69% | 68.72% | -303.59% | -684.97% | -906.84% | -179.28% | -175.59% | 136.56% | 113.17% | -287.88% | - | - |
| D&A (Non-Cash Add-back) | 0 | 16.25M | 6.76M | 6.57M | 5.46M | 7.66M | 5.06M | 4.99M | 4.23M | 3.69M | 3.44M | 3.7M | 2.95M | 2.98M | 2.27M | 2.62M | 1.64M | 1.53M | 1.26M | 1.13M |
| EBIT | 128.84M | 167.98M | 159.08M | 83.69M | 64.69M | 37.61M | 30.11M | -3.93M | -8.92M | -7.12M | -1.62M | -6.17M | -12.23M | -14.69M | -479K | -2.43M | -438K | -3.2M | -531K | -3.5M |
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 8.14M | 12.14M | 9.46M | 4.89M | 3.95M | 2.95M | 3.92M | 4.47M | 5.53M | 5.16M | 4.29M | 2.7M | 2.16M | 1.7M | 2.53M | -692K | -220K | -175K | -80K | 55K |
| Pretax Income | 128.84M | 167.98M | 159.08M | 83.69M | 64.69M | 37.61M | 30.11M | -3.93M | -8.92M | -2.72M | -1.62M | -6.17M | -12.23M | -14.69M | -356K | -2.43M | -438K | -6.51M | -531K | -3.5M |
| Pretax Margin % | 26.9% | 38.44% | 39.09% | 31.22% | 29% | 22.12% | 22.3% | -5.46% | -14.93% | -4.47% | -3.05% | -14.02% | -34.86% | -45.78% | -0.66% | -4.73% | -0.94% | -17.34% | -1.67% | -13.24% |
| Income Tax | -585K | -1.12M | 1.94M | 1.05M | 1.29M | 1.02M | 752K | 292K | 622K | 7.76M | -2.05M | 450K | -537K | 1.25M | -3.18M | 929K | -365K | -1.15M | -387K | 601K |
| Effective Tax Rate % | -0.45% | -0.67% | 1.22% | 1.25% | 1.99% | 2.71% | 2.5% | -7.42% | -6.97% | -285.47% | 126.42% | -7.29% | 4.39% | -8.5% | 892.98% | -38.21% | 83.33% | 17.72% | 72.88% | -17.18% |
| Net Income | 129.43M | 169.1M | 157.14M | 82.64M | 63.4M | 36.59M | 29.36M | -4.22M | -9.54M | -10.48M | 428K | -6.62M | -11.7M | -15.94M | 2.82M | -3.36M | -73K | -5.36M | -144K | -4.1M |
| Net Margin % | 27.02% | 38.7% | 38.61% | 30.83% | 28.42% | 21.52% | 21.75% | -5.87% | -15.98% | -17.24% | 0.81% | -15.04% | -33.33% | -49.67% | 5.2% | -6.54% | -0.16% | -14.27% | -0.45% | -15.51% |
| Net Income Growth % | 104.14% | 362.18% | 435.22% | 2055.88% | 764.56% | 449.22% | 6759.81% | 36.21% | 18.44% | 34.26% | -84.84% | -97.11% | -15923.29% | -197.61% | 2060.42% | 18.05% | 99.42% | -73.53% | - | - |
| Net Income (Continuing) | 129.43M | 169.1M | 157.14M | 82.64M | 63.4M | 36.59M | 29.36M | -4.22M | -9.54M | -10.48M | 428K | -6.62M | -11.7M | -15.94M | 2.82M | -3.36M | -73K | -5.36M | -144K | -4.1M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.67 | 0.88 | 0.82 | 0.44 | 0.34 | 0.20 | 0.16 | -0.03 | -0.06 | -0.06 | 0.00 | -0.04 | -0.08 | -0.11 | 0.02 | -0.02 | -0.00 | -0.04 | -0.00 | -0.03 |
| EPS Growth % | 97.06% | 340% | 412.5% | 1832.28% | 688.24% | 412.5% | - | 42.4% | 26.28% | 41.82% | -85.56% | -91.74% | - | -198.1% | - | 18.73% | 99.44% | -66.97% | - | - |
| EPS (Basic) | 0.70 | 0.92 | 0.86 | 0.47 | 0.37 | 0.21 | 0.17 | -0.03 | -0.06 | -0.06 | 0.00 | -0.04 | -0.08 | -0.11 | 0.02 | -0.02 | -0.00 | -0.04 | -0.00 | -0.03 |
| Diluted Shares Outstanding | 194.38M | 192.68M | 192.02M | 187.66M | 184.58M | 182.12M | 182.46M | 166.49M | 165.14M | 163.68M | 167.16M | 150.23M | 149.28M | 148.21M | 156.52M | 146.01M | 145.08M | 145.01M | 145.01M | 144.95M |
| Basic Shares Outstanding | 186.01M | 184.68M | 182.22M | 175.31M | 171.93M | 170.41M | 168.17M | 166.49M | 165.14M | 163.68M | 157.16M | 150.23M | 149.28M | 148.21M | 146.91M | 146.01M | 145.08M | 142.51M | 142.51M | 139.95M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |