Credo Technology Group Holding reported revenue of 437.00M and net income of 169.10M for the quarter ended May 2026, up 157.0% year over year. This income statement covers 22 quarters of results from Jan 2021 through May 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Jan2021 | Apr2021 | Jul2021 | Oct2021 | Jan2022 | Apr2022 | Jul2022 | Oct2022 | Jan2023 | Apr2023 | Jul2023 | Oct2023 | Jan2024 | Apr2024 | Aug2024 | Nov2024 | Feb2025 | May2025 | Aug2025 | Nov2025 | Jan2026 | May2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||
| Revenue (Quarter)Revenue (Qtr) | 10.72M | 26.43M | 31.80M | 37.53M | 46.47M | 51.37M | 54.27M | 32.09M | 35.09M | 44.03M | 53.06M | 60.78M | 59.71M | 72.03M | 135.00M | 170.03M | 223.07M | 268.03M | 407.01M | 437.00M | ||
| Cost of Revenue (Quarter)Cost of Rev (Qtr) | 5.54M | 10.47M | 12.69M | 13.76M | 18.80M | 23.41M | 22.28M | 13.50M | 14.30M | 17.92M | 20.50M | 20.82M | 22.43M | 26.52M | 49.08M | 55.84M | 72.71M | 86.98M | 128.14M | 138.94M | ||
| Gross Profit (Quarter)Gross Profit (Qtr) | 5.18M | 15.95M | 19.11M | 23.77M | 27.66M | 27.96M | 31.99M | 18.59M | 20.79M | 26.12M | 32.56M | 39.97M | 37.28M | 45.51M | 85.93M | 114.19M | 150.37M | 181.05M | 278.87M | 298.07M | ||
| Operating items | ||||||||||||||||||||||
| Research & Development (Quarter)R&D (Qtr) | 9.69M | 11.80M | 10.99M | 15.46M | 16.68M | 18.16M | 20.53M | 21.40M | 22.64M | 21.74M | 24.24M | 27.69M | 30.41M | 31.74M | 36.26M | 48.45M | 52.45M | 57.92M | 78.48M | 90.53M | ||
| Selling, General & Administrative (Quarter)SG&A (Qtr) | 7.12M | 7.71M | 8.57M | 11.51M | 11.20M | 11.54M | 11.94M | 13.57M | 12.54M | 13.26M | 14.23M | 20.16M | 21.32M | 22.18M | 23.47M | 31.95M | 37.18M | 44.33M | 50.76M | 51.69M | ||
| Other Operating Expenses (Quarter)Other Opex (Qtr) | 3.13M | 2.41M | ||||||||||||||||||||
| Operating Expenses (Quarter)Opex (Qtr) | 16.81M | 19.51M | 19.56M | 30.10M | 27.88M | 29.70M | 34.87M | 34.98M | 35.18M | 34.99M | 38.47M | 47.85M | 51.73M | 53.92M | 59.73M | 80.40M | 89.63M | 102.25M | 129.25M | 142.22M | ||
| Operating Income (Quarter)Op. Inc (Qtr) | -11.63M | -3.55M | -0.45M | -6.33M | -0.22M | -1.74M | -2.89M | -16.39M | -14.39M | -8.88M | -5.91M | -7.88M | -14.45M | -8.41M | 26.19M | 33.79M | 60.74M | 78.80M | 149.62M | 155.84M | ||
| EBIT (Quarter)EBIT (Qtr) | -11.63M | -3.55M | -0.45M | -6.33M | -0.22M | -1.74M | -2.89M | -16.39M | -14.39M | -8.88M | -5.91M | -7.88M | -14.45M | -8.41M | 26.19M | 33.79M | 60.74M | 78.80M | 149.62M | 155.84M | ||
| Non-operating items | ||||||||||||||||||||||
| Other Non Operating Income (Quarter)Other Non Op Inc. (Qtr) | -0.04M | 0.06M | -0.08M | -0.17M | -0.22M | -0.69M | 2.53M | 1.70M | 2.16M | 2.70M | 4.29M | 5.16M | 5.53M | 4.47M | 3.92M | 3.82M | 3.95M | 4.89M | 9.46M | 12.14M | ||
| Net income details | ||||||||||||||||||||||
| EBT (Quarter)EBT (Qtr) | -11.68M | -3.50M | -0.53M | -6.51M | -0.44M | -2.43M | -0.36M | -14.69M | -12.23M | -6.17M | -1.62M | -2.72M | -8.92M | -3.93M | 30.11M | 37.61M | 64.69M | 83.69M | 159.08M | 167.98M | ||
| Tax Provisions (Quarter)Taxes (Qtr) | 0.90M | 0.60M | -0.39M | -1.15M | -0.36M | 0.93M | -3.18M | 1.25M | -0.54M | 0.45M | -2.05M | 7.76M | 0.62M | 0.29M | 0.75M | 1.02M | 1.29M | 1.05M | 1.94M | -1.12M | ||
| Profit After Tax (Quarter)PAT (Qtr) | -12.58M | -4.07M | -0.14M | -5.36M | -0.17M | -3.68M | 2.82M | -15.94M | -11.86M | -6.85M | 0.43M | -10.48M | -9.40M | -4.16M | 29.36M | 36.59M | 63.41M | 82.43M | 157.14M | 169.10M | ||
| Income from Continuing Operations (Quarter)Income (Continuing) (Qtr) | -12.58M | -4.10M | -0.14M | -5.36M | -0.07M | -3.36M | 2.82M | -15.94M | -11.70M | -6.62M | 0.43M | -10.48M | -9.54M | -4.22M | 29.36M | 36.59M | 63.40M | 82.64M | 157.14M | 169.10M | ||
| Consolidated Net Income (Quarter)Consol Net Inc. (Qtr) | -12.58M | -4.10M | -0.14M | -5.36M | -0.07M | -3.36M | 2.82M | -15.94M | -11.70M | -6.62M | 0.43M | -10.48M | -9.54M | -4.22M | 29.36M | 36.59M | 63.40M | 82.64M | 157.14M | 169.10M | ||
| Income towards Parent Company (Quarter)Parent Net Inc (Qtr) | -12.58M | -4.10M | -0.14M | -5.36M | -0.07M | -3.36M | 2.82M | -15.94M | -11.70M | -6.62M | 0.43M | -10.48M | -9.54M | -4.22M | 29.36M | 36.59M | 63.40M | 82.64M | 157.14M | 169.10M | ||
| Net Income towards Common Stockholders (Quarter)Net Income (Qtr) | -12.58M | -4.10M | -0.14M | -5.36M | -0.07M | -3.36M | 2.82M | -15.94M | -11.70M | -6.62M | 0.43M | -10.48M | -9.54M | -4.22M | 29.36M | 36.59M | 63.40M | 82.64M | 157.14M | 169.10M | ||
| Additional items | ||||||||||||||||||||||
| EPS (Basic) (Quarter)EPS (Basic) (Qtr) | -0.18 | -0.06 | 0.00 | -0.06 | 0.00 | -0.02 | 0.02 | -0.11 | -0.08 | -0.04 | 0.00 | -0.07 | -0.06 | -0.03 | 0.17 | 0.22 | 0.37 | 0.47 | 0.86 | 0.95 | ||
| EPS (Diluted) (Quarter)EPS (Diluted) (Qtr) | -0.18 | -0.06 | 0.00 | -0.06 | 0.00 | -0.02 | 0.02 | -0.11 | -0.08 | -0.04 | 0.00 | -0.07 | -0.06 | -0.03 | 0.16 | 0.20 | 0.34 | 0.44 | 0.82 | 0.90 | ||
| Shares Outstanding (Quarter)Shares Outstanding (Qtr) | 68.41M | 69.09M | 73.81M | 88.40M | 145.08M | 146.01M | 146.91M | 146.56M | 149.28M | 150.23M | 157.16M | 155.09M | 165.14M | 166.49M | 168.17M | 167.50M | 171.93M | 175.31M | 182.22M | 178.54M | ||
| Shares Outstanding (Diluted) (Quarter)Shares Outstanding (Dil.) (Qtr) | 68.41M | 69.09M | 73.81M | 88.40M | 145.08M | 146.01M | 156.52M | 146.56M | 149.28M | 150.23M | 167.16M | 155.09M | 165.14M | 166.49M | 182.46M | 181.16M | 184.58M | 187.66M | 192.02M | 188.23M | ||
| Shares Outstanding (Entity) (Quarter)Shares Outstanding (Entity.) (Qtr) | 68.84M | 69.50M | 73.81M | 88.40M | 145.34M | 146.49M | 147.43M | 146.56M | 149.85M | 150.55M | 163.07M | 164.31M | 165.97M | 167.16M | 169.70M | 171.17M | 172.90M | 178.52M | 184.22M | 185.42M | ||
| EBITDA (Quarter)EBITDA (Qtr) | -11.63M | -3.55M | -0.45M | -6.33M | -0.22M | -1.74M | -2.89M | -16.39M | -14.39M | -8.88M | -5.91M | -7.88M | -14.45M | -8.41M | 26.19M | 33.79M | 60.74M | 78.80M | 149.62M | 155.84M | ||
| Interest Expenses (Quarter)Int Expense (Qtr) | 0.65M | 0.72M | 124.36M | 0.52M | 152.43M | 121.81M | 149.07M | 0.86M | 120.98M | 92.77M | 132.86M | 0.95M | 131.10M | 197.10M | 283.60M | 1.10M | 295.10M | 476.30M | 288.50M | 1.31M | ||
| Tax Rate (Quarter)Tax Rate (Qtr) | -7.73% | -17.18% | 72.88% | 17.72% | 83.33% | -38.21% | 892.98% | -8.50% | 4.39% | -7.29% | 126.42% | -285.47% | -6.97% | -7.42% | 2.50% | 2.71% | 1.99% | 1.25% | 1.22% | -0.67% |