Credo Technology Group Holding Ltd
Financial highlights
| Metric | FY 05/03/25 | FY 04/27/24 | FY 04/29/23 | FY 04/30/22 | FY 04/30/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $436.8M | $193.0M | $184.2M | $106.5M | $58.7M |
| Cost of revenue | $153.9M | $73.5M | $78.0M | $42.5M | $20.4M |
| Gross profit | $282.9M | $119.4M | $106.2M | $64.0M | $38.3M |
| Selling, general & administrative | $98.9M | $60.2M | $48.2M | $34.9M | $28.7M |
| Research and development | $146.0M | $95.5M | $76.8M | $47.9M | $34.8M |
| Operating expenses | $245.8M | $156.5M | $127.4M | $86.0M | $63.5M |
| Operating income | $37.1M | -$37.1M | -$21.2M | -$22.0M | -$25.2M |
| Pretax income | $54.9M | -$22.7M | -$17.9M | -$22.2M | -$25.3M |
| Income tax expense | $2.7M | $5.6M | -$1.4M | -$37,000 | $2.2M |
| Net income | $52.2M | -$28.4M | -$16.5M | -$22.2M | -$27.5M |
| Balance Sheet | |||||
| Cash and equivalents | $236.3M | $66.9M | $108.6M | $259.3M | $103.8M |
| Current assets | $713.5M | $530.3M | $328.2M | $332.2M | $137.8M |
| Total assets | $809.3M | $601.9M | $397.3M | $375.7M | $155.5M |
| Current liabilities | $107.7M | $44.6M | $31.0M | $26.5M | $12.5M |
| Total liabilities | $127.7M | $61.7M | $49.7M | $41.5M | $13.0M |
| Stockholders' equity | $681.6M | $540.2M | $347.6M | $334.2M | -$55.4M |
| Cash Flow Statement | |||||
| Cash from operations | $65.1M | $32.7M | -$24.6M | -$30.8M | -$42.4M |
| Depreciation and amortization | $21.9M | $13.8M | $9.5M | $4.8M | $2.2M |
| Stock-based compensation | $77.4M | $39.0M | $23.5M | $9.2M | $2.6M |
| Capital expenditure | $36.1M | $15.7M | $21.7M | $17.6M | $6.1M |
| Free cash flow | $29.0M | $17.1M | -$46.3M | -$48.4M | -$48.4M |
| Share repurchases | — | — | $0 | $0 | $22.9M |
| Impairments | $873,000 | $765,000 | $2.4M | $3.1M | $0 |
Shares outstanding 184.4M · Free float 88.9%
Annual filing data through FY ended May 3, 2025; float as of July 4, 2026.