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Segments

By segment

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Reportable Segment$169.1M+362%

Other financials

Income statement

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Revenue$437.0M+157%
Gross profit$298.1M+161%
Operating income$155.8M+361%
EPS (diluted)$0.89+345%

Balance sheet

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Cash & equivalents$1.2B+393%
Total debt$25.4M+58.7%
Total equity$2.1B+203%
Total assets$2.3B+184%

Cash flow

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Operating cash flow$182.2M+215%
CapEx$4.8M+30.6%
Free cash flow$177.5M+228%

Valuation

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Market cap$42.57B+101%
Enterprise value$41.43B+97.0%
P/E90.1×-79.5×
P/S31.9×-3.5×

Profitability

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Gross margin68%+3.3pp
Operating margin33.3%+24.8pp
Net margin35.4%+23.4pp
FCF margin30.5%+23.8pp

Returns & leverage

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Return on equity34.4%+25.9pp
Debt / equity0.0×
Current ratio10.2×+3.5×

Where this comes from

Reported directly by Credo Technology Group Holding Ltd in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Credo Technology Group Holding Ltd’s 10-K, filed June 15, 2026.

Filed
Jun 15, 2026, 5:09 PM EDT
Fiscal year
FY2026
Accession
0001628280-26-043303
Line itemYear Ended / May 2, 2026Year Ended / May 3, 2025Year Ended / April 27, 2024
Other income, net30,43017,74614,313
Income (loss) before income taxes475,43554,870(22,745)
Provision for income taxes3,1562,6875,624
Net income (loss)$472,279$52,183$(28,369)
Net income (loss) per share:
Basic$2.65$0.31$(0.18)
Diluted$2.51$0.29$(0.18)
Weighted-average shares used in computing net income (loss) per share:

Item 8. Financial Statements and Supplementary Data

FAQ

What is Credo Technology Group Holding Ltd's net income?
Credo Technology Group Holding Ltd (CRDO) reported net income of $169.1M in Q1 2026.
How has Credo Technology Group Holding Ltd's net income changed year-over-year?
Credo Technology Group Holding Ltd's net income increased by 362.2% year-over-year, from $36.59M to $169.1M.
What is the long-term trend for Credo Technology Group Holding Ltd's net income?
Over 4 years (2022 to 2026), Credo Technology Group Holding Ltd's net income has grown at a 114.8% compound annual growth rate (CAGR), from -$22.18M to $472.28M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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