Monday 2 November 2026 Export CRDO’s income statement to Excel — free account

Credo Technology Group Holding Ltd.

Credo Technology Group Holding Ltd.’s revenue for fiscal 2026 (year ended April 2026) was $1.3 billion, up 205.7% from fiscal 2025.

Revenue: +114.7%
EPS: +89.2%
Free cash flow: +61.6%

Quarter to July 2026, against a year earlier

140.81 10.18 −6.74%

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Market cap: $28.4B
P/E: 47.7×
Fwd P/E: 34.2×
Dividend yield: —
F-score: 7/9
Altman Z: 82.75
Beneish M: −0.51
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Filings

Credo Technology Group Holding Ltd. (CRDO) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2026: revenue by segment, and margins
Reportable Segment	1,335	100.00%
Gross margin		68.04%
Operating margin		33.33%
Pre-tax margin		35.61%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Product sales revenue	412 94.37%	145 75.17%	141 76.81%	74 69.24%	27 46.81%	12 21.58%
IP license revenue	12 2.86%	28 14.52%	32 17.34%	25 23.49%	17 29.43%	34 62.54%
Product engineering services	12 2.78%	20 10.31%	11 5.85%	8 7.27%	10 16.32%	5 9.87%
IP License Engineering Services	—	—	—	—	4 7.44%	3 6.01%
Revenue	437	193	184	106	59	54

Gross profit by product or service $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Product sales revenue	‡	‡	‡	‡	‡	‡
Product engineering services	‡	‡	‡	‡	‡	‡
IP license revenue	‡	‡	‡	‡	‡	‡
IP License Engineering Services	‡	‡	‡	‡	‡	‡
Gross profit	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡

Revenue by segment $m

Line	FY2026	FY2025	FY2024	FY2023
Reportable Segment	1,335 100.00%	437 100.00%	193 100.00%	184 100.00%
Revenue	1,335	437	193	184

Gross profit by segment $m, and margin

	FY2026	FY2025	FY2024	FY2023
Reportable Segment	‡	‡	‡	‡
Gross profit	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡
	‡	‡	‡	‡

Revenue by region $m

Line	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
United States	768 57.53%	65 14.90%	50 25.69%	44 24.03%	28 26.01%	36 60.74%	34 62.62%
Hong Kong	378 28.33%	244 55.80%	70 36.36%	10 5.24%	12 10.98%	4 7.65%	7 13.91%
Rest of World	85 6.38%	44 10.14%	24 12.28%	28 15.20%	25 23.44%	10 17.15%	10 19.15%
Mainland China	81 6.06%	80 18.33%	28 14.65%	97 52.63%	38 35.41%	0 0.62%	0 0.33%
Taiwan	23 1.70%	4 0.83%	21 11.03%	5 2.91%	4 4.16%	—	—
Mexico	—	—	—	—	—	8 13.83%	2 3.99%
Revenue	1,335	437	193	184	106	59	54

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.