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CRDO
(NASDAQ)
Credo Technology Group Holding Ltd
$101.45-- (--)
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Credo Technology Group Holding (CRDO) Income Statement

Revenue, expenses, profit margins, and earnings with annual and quarterly data.

Credo Technology Group Holding Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Credo Technology Group Holding Ltd income statement - Annual data in millions USD
BreakdownFY 2025FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period EndingMay 2025Apr 2025Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020
Revenue & Gross Profit
Revenue436.78436.78192.97184.19106.4858.7053.84
Cost of Revenue153.87153.8773.5478.0042.4620.427.73
Gross Profit282.91282.91119.43106.1964.0238.2846.11
Operating Expenses
Research & Development145.99145.9995.5376.7747.9534.8527.56
Selling, General & Administrative98.9298.9260.1948.2534.9028.6716.47
Operating Expenses244.91245.79156.49125.0285.9863.5144.04
Operating Income38.0037.12-37.06-18.83-21.97-25.232.07
Other Income/Expense
Interest Income0.000.000.000.000.000.000.00
Interest Expense0.000.000.000.000.000.000.00
Other Income/Expense17.7517.7514.310.91-0.25-0.060.02
Income
Income Before Tax54.8754.87-22.75-17.91-22.21-25.302.10
Income Tax Expense2.692.695.62-1.37-0.042.220.77
Net Income52.1852.18-28.37-16.55-22.18-27.511.33
Net Income - Continuous Operations0.0052.18-28.37-16.55-22.18-27.511.33
Net Income - Discontinued Operations0.000.000.000.000.000.000.00
EBITDA59.0659.94-22.52-9.31-14.04-23.023.88
EBIT37.1238.00-36.29-18.83-18.83-25.230.00
Depreciation & Amortization21.9421.9413.779.514.792.221.81
Earnings Per Share
Basic EPS-------
Diluted EPS-------
Basic Shares Outstanding167.51167.51155.09147.15142.5169.1072.68
Diluted Shares Outstanding181.16181.16155.09147.15145.0169.1072.68

Frequently Asked Questions About Credo Technology Group Holding Financial Statements

What is an income statement?

An income statement shows a company's revenues, expenses, and net income over a specific period. It reveals profitability by starting with revenue and subtracting costs to arrive at net income — the "bottom line" that shows how much the company earned.

What is CRDO's revenue trend?

Review Credo Technology Group Holding's quarterly and annual revenue figures in the income statement table above to identify growth trends, seasonal patterns, and year-over-year changes.

What is gross margin?

Gross margin is revenue minus cost of goods sold, expressed as a percentage. It shows how efficiently a company produces its goods or services. Higher gross margins indicate stronger pricing power and lower production costs.

What is operating income?

Operating income (EBIT) is revenue minus operating expenses, excluding interest and taxes. It measures a company's core business profitability before financing costs and tax effects, making it useful for comparing companies with different capital structures.

What is earnings per share (EPS)?

EPS divides net income by outstanding shares, showing the profit attributable to each share. Diluted EPS includes potential shares from stock options and convertible securities, providing a more conservative measure of per-share earnings.