Credo Technology Group Holding Ltd
NASDAQ:CRDO
Income Statement
Earnings Waterfall
Credo Technology Group Holding Ltd
Income Statement
Credo Technology Group Holding Ltd
| Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | Apr-2024 | Aug-2024 | Nov-2024 | Feb-2025 | May-2025 | Aug-2025 | Nov-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||
| Revenue |
37
N/A
|
69
+86%
|
107
+54%
|
142
+34%
|
167
+18%
|
190
+13%
|
184
-3%
|
173
-6%
|
165
-4%
|
164
-1%
|
193
+17%
|
218
+13%
|
246
+13%
|
328
+33%
|
437
+33%
|
600
+37%
|
796
+33%
|
|
| Gross Profit | ||||||||||||||||||
| Cost of Revenue |
(16)
|
(29)
|
(43)
|
(56)
|
(69)
|
(78)
|
(78)
|
(74)
|
(68)
|
(66)
|
(74)
|
(82)
|
(90)
|
(119)
|
(154)
|
(204)
|
(265)
|
|
| Gross Profit |
21
N/A
|
40
+90%
|
64
+59%
|
86
+35%
|
99
+14%
|
111
+13%
|
106
-5%
|
99
-6%
|
97
-2%
|
98
+1%
|
119
+22%
|
136
+14%
|
155
+14%
|
209
+34%
|
283
+36%
|
396
+40%
|
532
+34%
|
|
| Operating Income | ||||||||||||||||||
| Operating Expenses |
(36)
|
(56)
|
(83)
|
(97)
|
(107)
|
(117)
|
(125)
|
(135)
|
(140)
|
(144)
|
(156)
|
(173)
|
(192)
|
(213)
|
(245)
|
(283)
|
(332)
|
|
| Selling, General & Administrative |
(15)
|
(23)
|
(35)
|
(39)
|
(43)
|
(46)
|
(48)
|
(50)
|
(51)
|
(54)
|
(60)
|
(69)
|
(78)
|
(87)
|
(99)
|
(115)
|
(137)
|
|
| Research & Development |
(21)
|
(32)
|
(48)
|
(55)
|
(61)
|
(71)
|
(77)
|
(83)
|
(86)
|
(90)
|
(96)
|
(103)
|
(113)
|
(125)
|
(146)
|
(168)
|
(194)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
(3)
|
(3)
|
0
|
0
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
(15)
N/A
|
(16)
-3%
|
(19)
-21%
|
(11)
+44%
|
(9)
+17%
|
(6)
+35%
|
(19)
-233%
|
(35)
-88%
|
(43)
-20%
|
(46)
-7%
|
(36)
+20%
|
(37)
-2%
|
(37)
+1%
|
(5)
+88%
|
38
N/A
|
113
+198%
|
200
+76%
|
|
| Pre-Tax Income | ||||||||||||||||||
| Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
15
|
6
|
11
|
15
|
19
|
17
|
0
|
|
| Non-Reccuring Items |
0
|
0
|
(3)
|
0
|
0
|
(6)
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
(1)
|
0
|
|
| Total Other Income |
0
|
(0)
|
(0)
|
(0)
|
(1)
|
1
|
3
|
6
|
9
|
11
|
(1)
|
12
|
9
|
4
|
(1)
|
(1)
|
17
|
|
| Pre-Tax Income |
(15)
N/A
|
(16)
-3%
|
(22)
-41%
|
(11)
+51%
|
(10)
+10%
|
(10)
+2%
|
(18)
-84%
|
(30)
-66%
|
(33)
-13%
|
(35)
-4%
|
(23)
+34%
|
(19)
+15%
|
(17)
+12%
|
15
N/A
|
55
+277%
|
128
+134%
|
216
+68%
|
|
| Net Income | ||||||||||||||||||
| Tax Provision |
(2)
|
(1)
|
0
|
1
|
1
|
4
|
1
|
2
|
2
|
1
|
(6)
|
(7)
|
(7)
|
(9)
|
(3)
|
(3)
|
(4)
|
|
| Income from Continuing Operations |
(17)
|
(17)
|
(22)
|
(10)
|
(9)
|
(6)
|
(17)
|
(28)
|
(31)
|
(34)
|
(28)
|
(26)
|
(24)
|
5
|
52
|
125
|
212
|
|
| Net Income (Common) |
(17)
N/A
|
(17)
-1%
|
(22)
-32%
|
(10)
+56%
|
(9)
+8%
|
(6)
+33%
|
(17)
-176%
|
(28)
-71%
|
(31)
-12%
|
(34)
-8%
|
(28)
+16%
|
(26)
+8%
|
(24)
+9%
|
5
N/A
|
52
+920%
|
125
+140%
|
212
+69%
|
|
| EPS (Diluted) |
-0.12
N/A
|
-0.12
N/A
|
-0.25
-108%
|
-0.07
+72%
|
-0.06
+14%
|
-0.04
+33%
|
-0.11
-175%
|
-0.19
-73%
|
-0.21
-11%
|
-0.2
+5%
|
-0.18
+10%
|
-0.16
+11%
|
-0.14
+12%
|
0.01
N/A
|
0.29
+2 800%
|
0.68
+134%
|
1.14
+68%
|
|