Credo Technology Group Holding Ltd income statement & cash flow
In the fiscal year ended May 2, 2026, Credo Technology Group Holding Ltd reported net income of $472.28M on revenue of $1.34B. Operating cash flow was $464.29M and capital expenditures were $57.30M, leaving $407.00M of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Apr 2020 | Apr 2021 | Apr 2022 | Apr 2023 | Apr 2024 | May 2025 | May 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | $53.84M | $58.70M | $106.48M | $184.19M | $192.97M | $436.77M | $1.34B |
| Gross profit | $46.11M | $38.28M | $64.02M | $106.19M | $119.43M | $282.91M | $908.35M |
| Operating income | $2.07M | −$25.23M | −$21.97M | −$21.23M | −$37.06M | $37.12M | $445.00M |
| Net income | $1.33M | −$27.51M | −$22.18M | −$16.55M | −$28.37M | $52.18M | $472.28M |
| Diluted EPS | $0.00 | −$0.40 | −$0.25 | −$0.11 | −$0.18 | $0.29 | $2.51 |
| Operating cash flow | −$10.25M | −$42.36M | −$30.83M | −$24.61M | $32.74M | $65.08M | $464.29M |
| Capital expenditures | $8.83M | $6.06M | $17.58M | $21.71M | $15.65M | $36.06M | $57.30M |
| Reported in | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| May 2026 | 68.0% | 33.3% | 35.4% |
| May 2025 | 64.8% | 8.5% | 11.9% |
| Apr 2024 | 61.9% | -19.2% | -14.7% |
| Apr 2023 | 57.7% | -11.5% | -9.0% |
| Apr 2022 | 60.1% | -20.6% | -20.8% |
Source: SEC EDGAR XBRL company facts for CIK 1807794 (raw data). Most recent filing in this dataset: 10-Q filed Sep 2, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.