Credo Technology Group Holding Ltd income statement

In fiscal 2026, Credo Technology Group Holding Ltd reported revenue of $1.34bn, up 205.7% on the year before, operating income of $445m (a 33.3% margin) and net income of $472m, or $2.51 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Credo Technology Group Holding Ltd: income statement, annual
Fiscal year	2020Apr 2020	2021Apr 2021	2022Apr 2022	2023Apr 2023	2024Apr 2024	2025May 2025	2026May 2026	LTMAug 2026
Revenue	54	59	106	184	193	437	1,335	1,591
Cost of revenue	8	20	42	78	74	154	427	524
Gross profit	46	38	64	106	119	283	908	1,067
Research and development	28	35	48	77	96	147	279	341
Selling, general and administrative	16	29	35	48	60	99	184	221
Operating income	2	−25	−22	−21	−37	37	445	505
Income before tax	2	−25	−22	−18	−23	55	475	540
Income tax	1	2	−0	−1	6	3	3	1
Net income	1	−28	−22	−17	−28	52	472	538
Diluted EPS	$0.00	−$0.40	−$0.25	−$0.11	−$0.18	$0.29	$2.51	$2.82
Diluted shares (average)	72m	69m	88m	147m	155m	181m	188m	191m
EBITDA	4	−23	−17	−12	−23	59	480	543

US$ millions unless shown otherwise. Fiscal quarters.

Credo Technology Group Holding Ltd: income statement, quarterly
Quarter	2025 Q2Nov 2024	2025 Q3Feb 2025	2025 Q4May 2025	2026 Q1Aug 2025	2026 Q2Nov 2025	2026 Q3Jan 2026	2026 Q4May 2026	2027 Q1Aug 2026
Revenue	72	135	170	223	268	407	437	479
Cost of revenue	27	49	56	73	87	128	139	170
Gross profit	46	86	114	150	181	279	298	309
Research and development	32	36	48	52	58	78	91	115
Selling, general and administrative	22	23	32	37	44	51	52	74
Operating income	−8	26	34	61	79	150	156	121
Income before tax	−4	30	38	65	84	159	168	129
Income tax	0	1	1	1	1	2	−1	−1
Net income	−4	29	37	63	83	157	169	129
Diluted EPS	−$0.03	$0.16	$0.20	$0.34	$0.44	$0.82	$0.89	$0.67
EBITDA	−3	31	41	66	85	156	172	129

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Credo Technology Group Holding Ltd's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Credo Technology Group Holding Ltd.