CRDO
$194.79+1.27%
as of close, Sep 30, 2026
☾ AH $194.79 +1.27%
Credo Technology Group Holding LtdStock · TechnologyNasdaq Composite 0.09%Russell 1000 0.06%US Stock Market 0.06%Russell 3000 0.06%MSCI World 0.04%MSCI ACWI 0.03%
CRDO financial statements
The full income statement, balance sheet, and cash-flow statement for Credo Technology Group Holding Ltd (CRDO), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-08 166.1M2024-11 167.2M2025-02 169.8M2025-05 171.6M2025-08 173.0M2025-11 180.6M2026-01 184.4M2026-05 186.5M2026-08 188.0M+13.2% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|---|
| Income Statement | as ofMay 2 ’26 | as ofMay 3 ’25 | as ofApr 27 ’24 | as ofApr 29 ’23 | as ofApr 30 ’22 | |
| Revenue | 1.34B+205.7% | 437M+126.3% | 193M+4.8% | 184M+73.0% | 106M+81.4% | |
| 908M+221.1% | 283M+136.9% | 119M+12.5% | 106M+65.9% | 64.0M+67.2% | ||
| Cost of revenue | 427M+177.4% | 154M+109.2% | 73.5M-5.7% | 78.0M+83.7% | 42.5M+108.0% | |
| 463M+88.5% | 246M+57.1% | 156M+22.8% | 127M+48.2% | 86.0M+35.4% | ||
| Research & development | 279M+90.2% | 147M+52.5% | 96.3M+25.4% | 76.8M+60.1% | 47.9M+37.6% | |
| Selling, general & administrative | 184M+86.0% | 98.9M+64.3% | 60.2M+24.8% | 48.2M+38.2% | 34.9M+21.7% | |
| Amortization of intangibles | 400K | 0.00 | 0.00 | — | — | |
| Operating income | 445M+1098.7% | 37.1M+200.2% | -37.1M-74.5% | -21.2M+3.3% | -22.0M+12.9% | |
| Interest & investment income | 31.3M+66.5% | 18.8M+22.9% | 15.3M+225.5% | 4.70M | — | |
| Other non-operating income | 30.4M+71.5% | 17.7M+24.0% | 14.3M+331.0% | 3.32M+1455.5% | -245K-295.2% | |
| Pre-tax income | 475M+766.5% | 54.9M+341.2% | -22.7M-27.0% | -17.9M+19.4% | -22.2M+12.2% | |
| Income tax | 3.16M+17.5% | 2.69M-52.2% | 5.62M+511.4% | -1.37M-3594.6% | -37.0K-101.7% | |
| 472M+805.0% | 52.2M+283.9% | -28.4M-71.4% | -16.5M+25.4% | -22.2M+19.4% | ||
| Net income to common | — | — | — | — | -22.2M+19.4% | |
| $2.51+765.5% | $0.29+261.1% | -$0.18-63.6% | -$0.11+56.0% | -$0.25+37.5% | ||
| EPS (basic) | $2.65+754.8% | $0.31+272.2% | -$0.18-63.6% | -$0.11+56.0% | -$0.25+37.5% | |
| Weighted-avg shares (basic) | 179M+6.6% | 168M+8.0% | 155M+5.8% | 147M+65.8% | 88.4M+27.9% | |
| Weighted-avg shares (diluted) | 188M+3.9% | 181M+16.8% | 155M+5.8% | 147M+65.8% | 88.4M+27.9% | |
| Balance Sheet | as ofMay 2 ’26 | as ofMay 3 ’25 | as ofApr 27 ’24 | as ofApr 29 ’23 | as ofApr 30 ’22 | |
| 2.00B+180.4% | 714M+34.6% | 530M+61.6% | 328M-1.2% | 332M+141.1% | ||
| Cash & equivalents | 1.16B+392.9% | 236M+253.0% | 66.9M-38.3% | 109M-58.1% | 259M+149.9% | |
| Short-term investments | 278M+42.7% | 195M-43.2% | 343M+214.1% | 109M | 0.00 | |
| Accounts receivable | 233M+43.9% | 162M+171.8% | 59.7M+20.4% | 49.5M+67.8% | 29.5M+116.4% | |
| Inventory | 251M+178.6% | 90.0M+247.5% | 25.9M-43.7% | 46.0M+68.4% | 27.3M+284.8% | |
| Prepaid expenses | — | 30.0M-13.5% | 34.7M+541.0% | 5.41M-8.6% | 5.92M-32.2% | |
| Other current assets | 73.6M+145.1% | 30.0M | — | — | 1.26M+10.2% | |
| 2.30B+183.7% | 809M+34.4% | 602M+51.5% | 397M+5.7% | 376M+141.6% | ||
| Property, plant & equipment | 102M+59.7% | 63.6M+45.7% | 43.7M+8.6% | 40.2M+84.1% | 21.8M+53.5% | |
| Operating lease right-of-use | 24.6M+61.7% | 15.2M+16.5% | 13.1M-12.0% | 14.9M-12.4% | 17.0M+323.9% | |
| Goodwill | 92.8M | 0.00 | — | — | — | |
| Intangible assets | 29.3M | 0.00 | — | — | — | |
| Other non-current assets | 46.2M+174.3% | 16.9M+13.0% | 14.9M+6.8% | 14.0M+196.5% | 4.71M+36.2% | |
| 197M+83.0% | 108M+141.4% | 44.6M+43.8% | 31.0M+17.1% | 26.5M+111.4% | ||
| Accounts payable | 107M+91.1% | 56.2M+318.6% | 13.4M+121.1% | 6.07M-28.5% | 8.49M+136.4% | |
| Accrued liabilities | — | 12.2M+38.2% | 8.83M+16.9% | 7.55M-9.8% | 8.37M+215.7% | |
| Deferred revenue | — | — | 3.90M-3.4% | 4.04M+227.4% | 1.23M-70.0% | |
| Current lease liability | 4.83M+44.6% | 3.34M+21.9% | 2.74M+4.2% | 2.63M+10.6% | 2.38M | |
| Other current liabilities | 68.1M+92.1% | 35.5M+59.7% | 22.2M | — | — | |
| 232M+81.7% | 128M+106.8% | 61.7M+24.3% | 49.7M+19.6% | 41.5M+220.5% | ||
| Deferred revenue (non-current) | — | — | 128K-66.3% | 380K | 0.00 | |
| Non-current lease liability | 20.6M+62.4% | 12.7M+14.0% | 11.1M-13.5% | 12.9M-13.1% | 14.8M | |
| Operating lease liability (total) | 25.4M+58.7% | 16.0M+15.6% | 13.9M-10.5% | 15.5M-9.8% | 17.2M | |
| Deferred tax liabilities | 5.75M | — | — | — | — | |
| Other non-current liabilities | 8.54M+17.5% | 7.27M+21.6% | 5.98M+4.0% | 5.75M+2515.0% | 220K-48.1% | |
| 2.06B+202.8% | 682M+26.2% | 540M+55.4% | 348M+4.0% | 334M+702.8% | ||
| Common stock | 9.00K+12.5% | 8.00K+0.0% | 8.00K+14.3% | 7.00K+0.0% | 7.00K+133.3% | |
| Additional paid-in capital | 1.67B+118.5% | 765M+13.2% | 676M+48.7% | 455M+7.1% | 425M+3271.7% | |
| Retained earnings | 389M+567.9% | -83.2M+38.6% | -135M-26.5% | -107M-18.3% | -90.4M-32.5% | |
| Accumulated other comprehensive income | 2.43M+655.1% | -437K+15.8% | -519K-171.7% | -191K-930.4% | 23.0K-89.9% | |
| Total liabilities & equity | 2.30B+183.7% | 809M+34.4% | 602M+51.5% | 397M+5.7% | 376M+141.6% | |
| Common shares issued | 185M+8.3% | 171M+4.2% | 164M+10.5% | 149M+2.7% | 145M+112.0% | |
| Common shares outstanding | 185M+8.3% | 171M+4.2% | 164M+10.5% | 149M+2.7% | 145M+112.0% | |
| Shares outstanding (cover) | 186M+8.6% | 172M+3.9% | 165M+10.8% | 149M+2.6% | 145M | |
| Cash Flow | as ofMay 2 ’26 | as ofMay 3 ’25 | as ofApr 27 ’24 | as ofApr 29 ’23 | as ofApr 30 ’22 | |
| 464M+613.4% | 65.1M+98.8% | 32.7M+233.0% | -24.6M+20.2% | -30.8M+27.2% | ||
| Depreciation & amortization | 34.6M+57.9% | 21.9M+59.3% | 13.8M+44.7% | 9.51M+98.5% | 4.79M+116.1% | |
| Intangible amortization | 400K | 0.00 | 0.00 | — | — | |
| Share-based compensation | 183M+136.1% | 77.4M+98.2% | 39.0M+65.9% | 23.5M+155.9% | 9.19M+257.5% | |
| Deferred income taxes | -3.10M-834.6% | 422K-89.8% | 4.13M+296.3% | -2.11M-37.9% | -1.53M-211.6% | |
| Change in receivables | 70.8M-30.9% | 102M+912.6% | 10.1M-49.4% | 20.0M+26.1% | 15.9M+2428.3% | |
| Change in inventory | 174M+147.0% | 70.5M+547.1% | -15.8M-164.7% | 24.4M+12.5% | 21.7M+233.4% | |
| Change in payables | 48.8M+16.3% | 41.9M+376.2% | 8.81M+329.1% | -3.84M-180.9% | 4.75M+255.4% | |
| -254M-326.4% | 112M+144.9% | -249M-90.5% | -131M-644.8% | -17.6M-190.3% | ||
| Capital expenditure | 57.3M+58.9% | 36.1M+130.4% | 15.7M-27.9% | 21.7M+23.5% | 17.6M+190.3% | |
| Free cash flow | 407M+1302.4% | 29.0M+69.9% | 17.1M+136.9% | -46.3M+4.3% | -48.4M+0.0% | |
| Acquisitions | 113M | 0.00 | 0.00 | 0.00 | 0.00 | |
| 718M+9386.1% | -7.73M-104.4% | 175M+3488.0% | 4.88M-97.6% | 204M+162.1% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| FX effect on cash | 231K+463.4% | 41.0K+124.3% | -169K-148.5% | -68.0K+66.7% | -204K-154.0% | |
| Net change in cash | 929M+448.2% | 169M+506.8% | -41.6M+72.4% | -151M-196.9% | 156M+421.2% | |
| Income taxes paid | 2.47M+70.8% | 1.45M+37.3% | 1.05M-12.5% | 1.20M+182.0% | 427K-65.0% | |
| Valuation Ratios | as ofMay 2 ’26 | as ofMay 3 ’25 | as ofApr 27 ’24 | as ofApr 29 ’23 | as ofApr 30 ’22 | |
| Market cap | 34.0B+315.0% | 8.19B+170.4% | 3.03B+152.5% | 1.20B-24.9% | 1.60B | |
| P/E | 100.1×-93.7% | 1601.1× | — | — | — | |
| P/S | 31.8×+27.3% | 25.0×+35.6% | 18.4×+191.5% | 6.3×-64.9% | 18.0× | |
| P/B | 18.4×+38.8% | 13.3×+133.5% | 5.7×+67.7% | 3.4×-35.3% | 5.2× | |
| P/FCF | 119.9× | — | 7851.5× | — | — | |
| Earnings yield | 1.00%+1499.6% | 0.06% | — | — | — | |
| FCF yield | 0.83% | — | 0.01% | — | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: CRDO’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all CRDO filings on SEC EDGAR → Not investment advice.