Credo Technology Group Holding LTD $CRDO

Information Technology

$162.35
-19.93 (-10.93%)
As of Oct 22, 2026, 2:54 PM EDT
Price history
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Credo Technology Group Holding LTD (CRDO) is trading down at $162.35 (-10.93%), as of the latest quote. It is a Russell 1000 constituent in the Information Technology sector.

IPO: January 27, 2022 · $10.00 offering · NASDAQ · View IPO details →

Credo Technology Group Holding LTD revenue & net income history (FY2020–FY2026)

RevenueNet incomeNet margin (right axis, %)
$1.34B$653.4M−$28.4MFY2020 revenue: $53.8MFY2020 net income: $1.33M · Net margin 2.5%'20FY2021 revenue: $58.7MFY2021 net income: −$27.5M · Net margin −46.9%'21FY2022 revenue: $106.5MFY2022 net income: −$22.2M · Net margin −20.8%'22FY2023 revenue: $184.2MFY2023 net income: −$16.5M · Net margin −9.0%'23FY2024 revenue: $193.0MFY2024 net income: −$28.4M · Net margin −14.7%'24FY2025 revenue: $436.8MFY2025 net income: $52.2M · Net margin 11.9%'25FY2026 revenue: $1.34BFY2026 net income: $472.3M · Net margin 35.4%'260%20%40%60%80%FY2020 net margin: 2.5%FY2021 net margin: −46.9% (off the scale, which stops at −1.7%)FY2022 net margin: −20.8% (off the scale, which stops at −1.7%)FY2023 net margin: −9.0% (off the scale, which stops at −1.7%)FY2024 net margin: −14.7% (off the scale, which stops at −1.7%)FY2025 net margin: 11.9%FY2026 net margin: 35.4%
Credo Technology Group Holding LTD annual financial statements
FY2020Apr 2020FY2021Apr 2021FY2022Apr 2022FY2023Apr 2023FY2024Apr 2024FY2025May 2025FY2026May 2026
Income statement
Revenue$53.8M$58.7M$106.5M$184.2M$193.0M$436.8M$1.34B
Growth (year over year)—+9.0%+81.4%+73.0%+4.8%+126.3%+205.7%
Gross profit$46.1M$38.3M$64.0M$106.2M$119.4M$282.9M$908.3M
Gross margin85.6%65.2%60.1%57.7%61.9%64.8%68.0%
Operating income$2.07M−$25.2M−$22.0M−$21.2M−$37.1M$37.1M$445.0M
Operating margin3.8%−43.0%−20.6%−11.5%−19.2%8.5%33.3%
Net income$1.33M−$27.5M−$22.2M−$16.5M−$28.4M$52.2M$472.3M
Net margin2.5%−46.9%−20.8%−9.0%−14.7%11.9%35.4%
EPS (diluted)$0.00−$0.40−$0.25−$0.11−$0.18$0.29$2.51
Balance sheet
Cash and equivalents$73.9M$103.8M$259.3M$108.6M$66.9M$236.3M$1.16B
Total assets—$155.5M$375.7M$397.3M$601.9M$809.3M$2.30B
Total liabilities—$13.0M$41.5M$49.7M$61.7M$127.7M$232.0M
Shareholders' equity−$9.41M−$55.4M$334.2M$347.6M$540.2M$681.6M$2.06B
Cash flow
Operating cash flow−$10.3M−$42.4M−$30.8M−$24.6M$32.7M$65.1M$464.3M
Capital expenditure$8.83M$6.06M$17.6M$21.7M$15.7M$36.1M$57.3M
Free cash flow−$19.1M−$48.4M−$48.4M−$46.3M$17.1M$29.0M$407.0M
Share buybacks$0$22.9M$0$0———

From Credo Technology Group Holding LTD's 10-K and 10-Q filings with the SEC; its fiscal year ends in May. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →

About Credo Technology Group Holding LTD

Headquarters
Grand Cayman, Cayman Islands From SEC filings, Oct 2026

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