Credo Technology Group (CRDO)
Designs copper, optical, and memory connectivity for AI and cloud data centers.
$192.36
vs last close+5.08 (+2.72%)
In millions of USD, except per-share figures
| In millions | Q2 FY24Oct 2023 | Q3 FY24Jan 2024 | Q4 FY24Apr 2024 | Q1 FY25Aug 2024 | Q2 FY25Nov 2024 | Q3 FY25Feb 2025 | Q4 FY25Apr 2025 | Q1 FY26Aug 2025 | Q2 FY26Nov 2025 | Q3 FY26Jan 2026 | Q4 FY26May 2026 | Q1 FY27Aug 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 44 | 53 | 61 | 60 | 72 | 135 | 170 | 223 | 268 | 407 | 437 | 479 |
| Cost of revenue | 18 | 21 | 21 | 22 | 27 | 49 | 56 | 73 | 87 | 128 | 139 | 170 |
| Gross profit | 26 | 33 | 40 | 37 | 46 | 86 | 114 | 150 | 181 | 279 | 298 | 309 |
| 35 | 38 | 48 | 52 | 54 | 60 | 80 | 90 | 102 | 129 | 142 | 188 | |
| Research & development | 22 | 24 | 27 | 30 | 32 | 36 | 48 | 52 | 58 | 78 | 91 | 115 |
| Selling, general & administrative | 13 | 14 | 20 | 21 | 22 | 23 | 32 | 37 | 44 | 51 | 52 | 74 |
| Other expenses | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating income | −9 | −6 | −8 | −14 | −8 | 26 | 35 | 61 | 79 | 150 | 156 | 121 |
| 3 | 4 | 5 | 6 | 4 | 4 | 3 | 4 | 5 | 9 | 12 | 8 | |
| Other non-operating income | −3 | −4 | −1 | −6 | −4 | −4 | −3 | −4 | −5 | −9 | −12 | −8 |
| Income before tax | −6 | −2 | −3 | −9 | −4 | 30 | 38 | 65 | 84 | 159 | 168 | 129 |
| Income tax expense | 0 | −2 | 8 | 1 | 0 | 1 | 1 | 1 | 1 | 2 | −1 | −1 |
| Net income from continuing operations | −7 | 0 | −10 | −10 | −4 | 29 | 37 | 63 | 83 | 157 | 169 | 129 |
| Net income | −7 | 0 | −10 | −10 | −4 | 29 | 37 | 63 | 83 | 157 | 169 | 129 |
| EPS, basic | −$0.04 | $0.00 | −$0.06 | −$0.06 | −$0.03 | $0.17 | $0.21 | $0.37 | $0.47 | $0.86 | $0.92 | $0.70 |
| EPS, diluted | −$0.04 | $0.00 | −$0.06 | −$0.06 | −$0.03 | $0.16 | $0.20 | $0.34 | $0.44 | $0.82 | $0.88 | $0.67 |
| Weighted average shares, basic | 150 | 157 | 164 | 165 | 166 | 168 | 170 | 172 | 175 | 182 | 185 | 186 |
| Weighted average shares, diluted | 150 | 167 | 164 | 165 | 166 | 182 | 182 | 185 | 188 | 192 | 193 | 194 |
| EBITDA | −2 | 2 | −3 | −5 | 1 | 35 | 45 | 70 | 90 | 166 | 184 | 129 |
| Depreciation & amortization | 4 | 3 | 4 | 4 | 5 | 5 | 8 | 5 | 7 | 7 | 16 | 0 |
| EBIT | −6 | −2 | −7 | −9 | −4 | 30 | 38 | 65 | 84 | 159 | 168 | 129 |