Credo Technology Group Holding Ltd.
Income Statement
| Line Item | Aug 2026 | May 2026 | Jan 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $479.0M | $437.0M | $407.0M | $268.0M | $223.1M | $170.0M | $135.0M | $72.0M |
| Cost of Revenue | $169.9M | $138.9M | $128.1M | $87.0M | $72.7M | $55.8M | $49.1M | $26.5M |
| Gross Profit | $309.1M | $298.1M | $278.9M | $181.0M | $150.4M | $114.2M | $85.9M | $45.5M |
| Gross Margin | 64.5% | 68.2% | 68.5% | 67.5% | 67.4% | 67.2% | 63.6% | 63.2% |
| Operating Expenses | ||||||||
| Research & Development | $114.5M | $90.5M | $78.5M | $57.9M | $52.4M | $48.5M | $36.3M | $31.7M |
| SG&A Expense | $73.9M | $51.7M | $50.8M | $44.3M | $37.2M | $31.9M | $23.5M | $22.2M |
| Operating Income | $120.7M | $155.8M | $149.6M | $78.8M | $60.7M | $33.8M | $26.2M | $-8.4M |
| Operating Margin | 25.2% | 35.7% | 36.8% | 29.4% | 27.2% | 19.9% | 19.4% | -11.7% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $128.8M | $168.0M | $159.1M | $83.7M | $64.7M | $37.6M | $30.1M | $-3.9M |
| Income Tax Expense | $-585.0K | $-1.1M | $1.9M | $1.0M | $1.3M | $1.0M | $752.0K | $292.0K |
| Net Income | $129.4M | $169.1M | $157.1M | $82.6M | $63.4M | $36.6M | $29.4M | $-4.2M |
| Net Margin | 27.0% | 38.7% | 38.6% | 30.8% | 28.4% | 21.5% | 21.7% | -5.9% |
| EPS (Basic) | $0.70 | $0.95 | $0.86 | $0.47 | $0.37 | $0.23 | $0.17 | $-0.03 |
| EPS (Diluted) | $0.67 | $0.91 | $0.82 | $0.44 | $0.34 | $0.22 | $0.16 | $-0.03 |
| Shares Outstanding (Basic) | 186.0M | 178.5M | 182.2M | 175.3M | 171.9M | 167.5M | 168.2M | 166.5M |
| Shares Outstanding (Diluted) | 194.4M | 188.2M | 192.0M | 187.7M | 184.6M | 181.2M | 182.5M | 166.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |