The Tip Desk

Credo Technology Group Holding Ltd

Financial highlights

MetricFY 05/02/26FY 05/03/25FY 04/27/24FY 04/29/23FY 04/30/22
Income Statement
Revenue$1.3B$436.8M$193.0M$184.2M$106.5M
Cost of revenue$426.8M$153.9M$73.5M$78.0M$42.5M
Gross profit$908.3M$282.9M$119.4M$106.2M$64.0M
Selling, general & administrative$184.0M$98.9M$60.2M$48.2M$34.9M
Research and development$279.4M$146.9M$96.3M$76.8M$47.9M
Operating expenses$463.3M$245.8M$156.5M$127.4M$86.0M
Operating income$445.0M$37.1M-$37.1M-$21.2M-$22.0M
Pretax income$475.4M$54.9M-$22.7M-$17.9M-$22.2M
Income tax expense$3.2M$2.7M$5.6M-$1.4M-$37,000
Net income$472.3M$52.2M-$28.4M-$16.5M-$22.2M
Balance Sheet
Cash and equivalents$1.2B$236.3M$66.9M$108.6M$259.3M
Current assets$2.0B$713.5M$530.3M$328.2M$332.2M
Total assets$2.3B$809.3M$601.9M$397.3M$375.7M
Current liabilities$197.1M$107.7M$44.6M$31.0M$26.5M
Total liabilities$232.0M$127.7M$61.7M$49.7M$41.5M
Stockholders' equity$2.1B$681.6M$540.2M$347.6M$334.2M
Cash Flow Statement
Cash from operations$464.3M$65.1M$32.7M-$24.6M-$30.8M
Depreciation and amortization$34.6M$21.9M$13.8M$9.5M$4.8M
Stock-based compensation$182.6M$77.4M$39.0M$23.5M$9.2M
Capital expenditure$57.3M$36.1M$15.7M$21.7M$17.6M
Free cash flow$407.0M$29.0M$17.1M-$46.3M-$48.4M
Share repurchases$0$0
Impairments$1.5M$873,000$765,000$2.4M$3.1M

Shares outstanding 184.4M · Free float 88.9%

Annual filing data through FY ended May 2, 2026; float as of July 4, 2026.

Earnings

Other Coverage