Credo Technology Group Holding Ltd (CRDO) Financial Statements
Credo Technology Group Holding financial statements at a glance
Credo Technology Group Holding reported revenue of $436.78 million for fiscal year 2025 (ended April 30, 2025), up 126.3% from fiscal year 2024. Net income was $52.18 million, a net margin of 11.9%, and diluted earnings per share were $0.29.
At the end of fiscal year 2025 it had total assets of $809.26 million, total liabilities of $127.68 million and shareholders' equity of $681.58 million, with cash and short-term investments of $431.34 million and total debt of $16.04 million.
Its operations brought in $65.08 million of cash; capital spending was $36.06 million, leaving free cash flow of $29.02 million.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended April 30, 2025.
Credo Technology Group Holding Ltd
Income Statement
Annual • USD
Credo Technology Group Holding key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $436.8M | $193.0M | $184.2M | $106.5M | $58.7M |
| Gross profit | $282.9M | $119.4M | $106.2M | $64.0M | $38.3M |
| Operating income | $38.0M | -$36.3M | -$18.8M | -$18.8M | -$25.2M |
| Net income | $52.2M | -$28.4M | -$16.5M | -$22.2M | -$27.5M |
| Diluted EPS | $0.29 | -$0.18 | -$0.11 | -$0.25 | -$0.20 |
| Total assets | $809.3M | $601.9M | $397.3M | $375.7M | $155.5M |
| Total liabilities | $127.7M | $61.7M | $49.7M | $41.5M | $210.9M |
| Shareholders' equity | $681.6M | $540.2M | $347.6M | $334.2M | -$55.4M |
| Cash and short-term investments | $431.3M | $410.0M | $217.8M | $259.3M | $103.8M |
| Total debt | $16.0M | $13.9M | $15.5M | $17.2M | $0 |
| Operating cash flow | $65.1M | $32.7M | -$24.6M | -$30.8M | -$42.4M |
| Capital spending | $36.1M | $15.7M | $21.7M | $17.6M | $6.1M |
| Free cash flow | $29.0M | $17.1M | -$46.3M | -$48.4M | -$48.4M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Credo Technology Group Holding's revenue in fiscal year 2025?
$436.78 million, up 126.3% from $192.97 million in fiscal year 2024.
How much profit does Credo Technology Group Holding make?
Credo Technology Group Holding reported net income of $52.18 million for fiscal year 2025 (11.9% of revenue); operating income was $38.00 million.
How much cash and debt does Credo Technology Group Holding have?
At the end of fiscal year 2025: cash and short-term investments of $431.34 million and total debt of $16.04 million.
What is Credo Technology Group Holding's free cash flow?
$29.02 million in fiscal year 2025 (operating cash flow of $65.08 million minus capital spending of $36.06 million).
