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Credo Technology Group Holding Ltd (CRDO): Financial Statements and Key Figures

Credo Technology Group Holding Ltd (ticker CRDO) is classified by the SEC under industry code 3674, Semiconductors & Related Devices, and is listed on Nasdaq. It files its annual report with the U.S. Securities and Exchange Commission (SEC) on Form 10-K and reports in US dollars. Its fiscal 2026 ended on 2 May 2026; the annual report for that year was filed on 15 June 2026. For that year it reported revenue of US$ 1,335 million, net income of US$ 472 million and total assets of US$ 2,296 million at the year end. Fiscal years 2021 to 2026 are shown below.

The figures are as the company filed them, standardised by reporting tag; the filing is the authority. For education and analysis, not investment advice.

Key Figures

Money in US$ millions; earnings per share in US dollars. Free cash flow is the cash from operating activities less capital expenditures. Total debt is short-term plus long-term debt, or the total the company itself tags when that is larger. A margin is the profit line divided by revenue; return on equity is net income divided by the average of shareholders' equity at the start and the end of the year. A blank cell means the company does not report the line under a standard tag; it does not mean zero.

Table 1: Key figures of Credo Technology Group Holding Ltd by fiscal year
Fiscal year202120222023202420252026Last 12 months to 1 Aug 2026
year ended on30 Apr30 Apr29 Apr27 Apr3 May2 Maynot a fiscal year
Revenue (US$ millions)591061841934371,3351,591
Net income (US$ millions)−28−22−17−2852472538
Earnings per share, diluted (US$)−0.40−0.25−0.11−0.180.292.512.84
Cash from operating activities (US$ millions)−42−31−253365464500
Free cash flow (US$ millions)−48−48−461729407439
Total assets (US$ millions)1553763976028092,2963,013
Total debt (US$ millions)
Shareholders' equity (US$ millions)−553343485406822,0642,728
Gross margin65.2 %60.1 %57.7 %61.9 %64.8 %68.0 %67.1 %
Operating margin−43.0 %−20.6 %−11.5 %−19.2 %8.5 %33.3 %31.7 %
Net margin−46.9 %−20.8 %−9.0 %−14.7 %11.9 %35.4 %33.8 %
Return on equity−15.9 %−4.9 %−6.4 %8.5 %34.4 %

The last column is not a fiscal year. It is the last twelve months to 1 August 2026: the last fiscal year, plus the year to date in the latest quarterly report (Form 10-Q, filed 2 September 2026), less the same year-to-date period a year before; total assets, total debt and equity are those of the quarterly balance sheet. Quarterly reports are unaudited interim data. The column enters no growth rate and no chart.

Charts

Figure 1: Revenue and net income by fiscal year (US$ millions)

Figure 2: Cash from operating activities and free cash flow by fiscal year (US$ millions)

Compound Growth

The compound annual growth rate is the single yearly rate that, applied every year, takes the first value to the last one: the last value divided by the first, raised to the power of one over the number of years, less one. It uses only the two end values, so an unusual first or last year moves it a great deal.

  • Revenue: 59 in fiscal 2021 to 1,335 in fiscal 2026 (US$ millions), 5 years: 86.8 % a year.
  • Diluted earnings per share: 0.29 in fiscal 2025 to 2.51 in fiscal 2026 (US dollars per share), 1 year: 765.5 % a year.

Analyse This Company

Each link opens a calculator with Credo Technology Group Holding Ltd loaded from the same data.

  • Company Financial Statements: The full income statement, balance sheet and cash flow statement of each fiscal year, with common-size and growth views.
  • Capital Allocation History: Where the cash from operations went each year: capital expenditures, dividends, share repurchases, debt.
  • Dividend Sustainability: How the dividends paid compare with earnings and with free cash flow, year by year.
  • Earnings Quality Trend: How much of reported earnings arrived as cash, and how accruals moved over the years.
  • Reverse DCF: The growth in free cash flow that a share price you type would assume.
  • Financial Quality Scores: The Piotroski F-score and the DuPont breakdown of return on equity, worked step by step.
  • Valuation Range: What a share price you type corresponds to as multiples of earnings, cash flow and book value, against the company's own history.

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Same Industry

The first 12 in alphabetical order of the 23 other companies in the data with the industry code 3674 (Semiconductors & Related Devices), in alphabetical order; the index lists every company.

Source

The annual report first filed for each fiscal year, with a link to its index page on EDGAR, the SEC's filing system. A later annual report repeats earlier years for comparison and sometimes restates them; where a value was taken from a later report, the last column gives the date of the latest one used.

Table 2: The filing behind each fiscal year
Fiscal yearYear endedFormFiledOn EDGARLater report used, filed
20262 May 2026Form 10-K15 Jun 2026filing index
20253 May 2025Form 10-K2 Jul 2025filing index15 Jun 2026
202427 Apr 2024Form 10-K24 Jun 2024filing index15 Jun 2026
202329 Apr 2023Form 10-K23 Jun 2023filing index2 Jul 2025
202230 Apr 2022Form 10-K8 Jun 2022filing index24 Jun 2024
202130 Apr 2021Form 10-K8 Jun 2022filing index23 Jun 2023
  • The figures are as filed with the SEC and standardised by reporting tag. The filing is the authority: check it before relying on a number.
  • A blank cell means the company does not tag that line, or the tagged figure is withheld as incomplete. It does not mean zero.
  • Currency: every figure is in the currency the company reported that year (US dollars here). Nothing is converted.
  • Per-share figures are adjusted for stock splits detected from the company's own restated figures, except where a year is flagged; the as-filed values are in the filings.
  • For a bank, broker, insurer or other financial company (SIC codes 6000 to 6799) net debt, EBITDA, the current ratio and debt to equity are not meaningful and the tools show them as n/m.
  • A fiscal year is named after the calendar year in which it ends. The data is updated from time to time, not daily; this company's figures were loaded on 13 November 2026.

For education and analysis, not investment advice.