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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›CRDO›Financials
Annual statements · SEC XBRL · FY2020 – FY2026

Credo Technology Group Holding Ltd (CRDO) financials

Income statement

Credo Technology Group Holding Ltd (CRDO) income statement, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue$53.8M$58.7M$106M$184M$193M$437M$1.34B
Revenue growth—9.0%81.4%73.0%4.8%126.3%205.7%
Gross profit$46.1M$38.3M$64.0M$106M$119M$283M$908M
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$445M
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$472M
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

Cash flow

Credo Technology Group Holding Ltd (CRDO) cash flow, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow-$10.3M-$42.4M-$30.8M-$24.6M$32.7M$65.1M$464M
Capital expenditures$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$407M
Share buybacks$0.00$22.9M$0.00$0.00———

Balance sheet

Credo Technology Group Holding Ltd (CRDO) balance sheet, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash & equivalents$73.9M$104M$259M$109M$66.9M$236M$1.16B
Total assets—$155M$376M$397M$602M$809M$2.30B
Total liabilities—$13.0M$41.5M$49.7M$61.7M$128M$232M
Shareholders' equity-$9.41M-$55.4M$334M$348M$540M$682M$2.06B
Retained earnings—-$68.3M-$90.4M-$107M-$135M-$83.2M$389M
Shares (wtd avg diluted)71.7M69.1M88.4M147M155M181M188M

Every figure is extracted from Credo Technology Group Holding Ltd’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Credo Technology Group Holding Ltd's annual revenue?
Credo Technology Group Holding Ltd (CRDO) reported $1.34B of revenue for fiscal year 2026 — up 205.7% from $437M in FY2025, per its annual report filed with the SEC.
Is Credo Technology Group Holding Ltd profitable?
Yes — CRDO earned $472M of net income in FY2026, a 35.4% net margin, per SEC filings.
What is Credo Technology Group Holding Ltd's free cash flow?
$407M in FY2026 (operating cash flow $464M minus $57.3M of capital expenditures), from the SEC cash-flow statement.
Does CRDO pay a dividend?
Credo Technology Group Holding Ltd reported no cash dividends paid in FY2026, per its SEC cash-flow statement.
Full CRDO analysis — verdict, score & filings →Is CRDO a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.