Income StatementBalance SheetCash FlowSegments
Credo Technology Group Holding Ltd logo

Credo Technology Group Holding Ltd Income Statement

Revenue, expenses, and profitability over time

Credo Technology Group Holding Ltd generated $1.1B in trailing twelve-month revenue, up 2.3% year-over-year. Net income was $339.8M with a 31.81% net margin. Gross margin stands at 67.83% and operating margin at 30.23%. Diluted EPS is $1.80, which grew 179.0% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$1.1BGross Profit (TTM)$724.5MOperating Income (TTM)$322.9MNet Income (TTM)$339.8MEps Diluted (TTM)$1.80
Latest FilingQ1 2026
Report Date2026-03-03
Market Cap$40.3B
P/E Ratio118.57
ROE27.54%

Earnings Per Share

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Basic earnings per share$-0.03$0.17$0.22$0.37$0.47$0.86
Diluted earnings per share$-0.03$0.16$0.20$0.34$0.44$0.82
Weighted-average shares, basic166.5M168.2M943K171.9M175.3M182.2M
Weighted-average shares, diluted166.5M182.5M663K184.6M187.7M192M

Operating Income

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Gross profit$45.5M$85.9M$114.2M$150.4M$181.0M$278.9M
Operating income-$8.4M$26.2M$33.8M$60.7M$78.8M$149.6M

Other Income & Expense

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Other Charges$4.5M$3.9M$3.8M$3.9M$4.9M$9.5M
Other income (expense), net$4.5M$3.9M$3.8M$3.9M$4.9M$9.5M

Income Before Tax

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Income before income taxes-$3.9M$30.1M$37.6M$64.7M$83.7M$159.1M

Tax

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Income tax expense$292.0K$752.0K$1.0M$1.3M$1.0M$1.9M

Net Income

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Net income-$4.2M$29.4M$36.6M$63.4M$82.6M$157.1M

Operating Expenses

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Other operating expenses$53.9M$59.7M$80.4M$89.6M$102.3M$129.2M
Research and development$31.7M$36.3M$47.6M$52.4M$57.9M$78.5M
Selling, general and administrative$22.2M$23.5M$31.9M$37.2M$44.3M$50.8M
Total operating expenses$53.9M$59.7M$80.4M$89.6M$102.3M$129.2M

Other

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Other income, net (Note 6)$4.5M$3.9M$3.8M$3.9M$4.9M$9.5M
Revenue From Contract With Customer Excluding Assessed Tax$72.0M$135.0M$170.0M$223.1M$268.0M$407.0M

Cost of Revenue

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Total cost of revenue$26.5M$49.1M$55.8M$72.7M$87.0M$128.1M

Revenue

MetricQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Total revenue$72.0M$135.0M$170.0M$223.1M$268.0M$407.0M