Credo Technology (CRDO) financials
Credo Technology revenue and earnings by year
Credo Technology's revenue was $1.34 billion in the fiscal year to May 2, 2026, up 205.7% from the year before. Net income was $472 million, 35.4% of revenue. Since the fiscal year to April 30, 2020, revenue has grown 70.7% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 7 fiscal years
| Fiscal year to | May 2026 | May 2025 | Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | 1.34 | 0.44 | 0.19 | 0.18 | 0.11 | 0.06 | 0.05 |
| Revenue growth | 205.7% | 126.3% | 4.8% | 73.0% | 81.4% | 9.0% | — |
| Gross profit | 0.91 | 0.28 | 0.12 | 0.11 | 0.06 | 0.04 | 0.05 |
| Gross margin | 68.0% | 64.8% | 61.9% | 57.7% | 60.1% | 65.2% | 85.6% |
| Operating income | 0.45 | 0.04 | -0.04 | -0.02 | -0.02 | -0.03 | 0.00 |
| Operating margin | 33.3% | 8.5% | -19.2% | -11.5% | -20.6% | -43.0% | 3.8% |
| Net income | 0.47 | 0.05 | -0.03 | -0.02 | -0.02 | -0.03 | 0.00 |
| Net margin | 35.4% | 11.9% | -14.7% | -9.0% | -20.8% | -46.9% | 2.5% |
| Diluted EPS | $2.51 | $0.29 | -$0.18 | -$0.11 | -$0.25 | — | — |
| Free cash flow | 0.41 | 0.03 | 0.02 | -0.05 | -0.05 | -0.05 | -0.02 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open CRDO in Markets.
See also: CRDO valuation and P/E history · CRDO returns
No forecast, no recommendation. This page describes Credo Technology from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.