Credo Technology Group Holding Ltd (CRDO) Financial Statements
Industry: Semiconductors & Related Devices
In fiscal 2026, Credo Technology reported revenue of $1.34B, up 205.7% from $436.8M the year before. Net income was $472.3M (a 35.4% net margin), or $2.51 per diluted share. Gross margin was 68.0% and operating margin was 33.3%. Operating activities generated $464.3M of cash, leaving $407.0M of free cash flow. At fiscal year end, Credo Technology held $2.30B in total assets against $232.0M in total liabilities, including $1.16B of cash and equivalents.
Open the full interactive Credo Technology financials → Quarterly statements, key ratios, valuation history and price charts.
Credo Technology Key Stats
| Share Price | $198.31 |
|---|---|
| Market Cap | $38.55B |
| P/E Ratio | 79.0 |
| Revenue YoY Growth | +205.7% |
| 52-Week Range | $87.81 – $302.52 |
| Shares Outstanding | 186.0 million (basic, 2027 Q1) |
Credo Technology Income Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $106.5M | $184.2M | $193.0M | $436.8M | $1.34B |
| Cost of Goods Sold | $42.5M | $78.0M | $73.5M | $153.9M | $426.8M |
| Gross Profit | $64.0M | $106.2M | $119.4M | $282.9M | $908.3M |
| Operating Income | -$22.0M | -$21.2M | -$37.1M | $37.1M | $445.0M |
| Pre-Tax Income | -$22.2M | -$17.9M | -$22.7M | $54.9M | $475.4M |
| Income Tax | -$37,000 | -$1.4M | $5.6M | $2.7M | $3.2M |
| Net Income | -$22.2M | -$16.5M | -$28.4M | $52.2M | $472.3M |
| Diluted EPS | -$0.25 | -$0.11 | -$0.18 | $0.29 | $2.51 |
Credo Technology Quarterly Results
| 2026 Q2 | 2026 Q3 | 2026 Q4 | 2027 Q1 | |
|---|---|---|---|---|
| Revenue | $268.0M | $407.0M | $437.0M | $479.0M |
| Net Income | $82.6M | $157.1M | $169.1M | $129.4M |
| Diluted EPS | $0.44 | $0.82 | $0.90 | $0.67 |
Credo Technology Balance Sheet
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $259.3M | $108.6M | $66.9M | $236.3M | $1.16B |
| Current Assets | $332.2M | $328.2M | $530.3M | $713.5M | $2.00B |
| Total Assets | $375.7M | $397.3M | $601.9M | $809.3M | $2.30B |
| Current Liabilities | $26.5M | $31.0M | $44.6M | $107.7M | $197.1M |
| Total Liabilities | $41.5M | $49.7M | $61.7M | $127.7M | $232.0M |
| Shareholders' Equity | $334.2M | $347.6M | $540.2M | $681.6M | $2.06B |
Credo Technology Cash Flow Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Cash From Operations | -$30.8M | -$24.6M | $32.7M | $65.1M | $464.3M |
| Cash From Investing | -$17.6M | -$130.9M | -$249.5M | $112.0M | -$253.5M |
| Cash From Financing | $204.2M | $4.9M | $175.3M | -$7.7M | $717.6M |
| Free Cash Flow | -$48.4M | -$46.3M | $17.1M | $29.0M | $407.0M |
Figures from Credo Technology's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Credo Technology financials page for every line item.
Credo Technology Company Profile
| Ticker | CRDO |
|---|---|
| Exchange | Nasdaq |
| Industry | Semiconductors & Related Devices |
| Headquarters | Grand Cayman, Cayman Islands |
| Fiscal Year End | April 29 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001807794 |
Frequently Asked Questions
What was Credo Technology's revenue in fiscal 2026?
Credo Technology (CRDO) reported revenue of $1.34B for fiscal 2026.
What is Credo Technology's annual revenue history?
Credo Technology's annual revenue by fiscal year: 2022: $106.5M; 2023: $184.2M; 2024: $193.0M; 2025: $436.8M; 2026: $1.34B.
What was Credo Technology's net income in fiscal 2026?
Credo Technology reported net income of $472.3M for fiscal 2026.
What was Credo Technology's earnings per share (EPS) in fiscal 2026?
Credo Technology's diluted EPS was $2.51 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Credo Technology generate in fiscal 2026?
Credo Technology generated $407.0M of free cash flow in fiscal 2026.
What was Credo Technology's revenue last quarter?
In its most recent reported quarter (2027 Q1), Credo Technology reported revenue of $479.0M.
How many shares of Credo Technology are outstanding?
Credo Technology reported a weighted average of 186.0 million basic shares outstanding in 2027 Q1.
What is Credo Technology's market cap?
Based on its latest closing price, Credo Technology (CRDO) has a market capitalization of about $38.55B.
When does Credo Technology's fiscal year end?
Credo Technology's fiscal year end, as registered with the SEC, is April 29.
Where is Credo Technology headquartered?
Credo Technology lists its business address in Grand Cayman, Cayman Islands in its SEC filings.