The Filings Report

Credo Technology Group Holding Ltd Ordinary Shares

CRDONasdaqCIK 1807794Technology / Semiconductorsfiscal year ends April23 quarters since 2021

Revenue, Q1 FY2027
$479M
+114.7% on Q1 FY2026
Net income
$129M
+104.1% on Q1 FY2026
Free cash flow
$83M
+61.5% on Q1 FY2026
Diluted EPS
$0.67
+97.1% on Q1 FY2026
Revenue, TTM
$1.6B
trailing four quarters
Net margin, TTM
33.8%
net income $538M
Free cash flow, TTM
$439M
$500M less $62M capex
Cash and equivalents
$467M
long-term debt —, Aug 1, 2026
Shares, 12-month change
+8.7%
188M shares, Aug 1, 2026
Buybacks, TTM
—
no yield
Dividends, TTM
—
no yield
Market value
$28.4B
at the close, buybacks

Latest quarter Q1 FY2027, filed September 2, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q1 FY2027, the quarter ended August 1, 2026, Credo Technology Group Holding Ltd Ordinary Shares reported revenue of $479M, +114.7% on Q1 FY2026, and net income of $129M (+104.1%). Operating margin was 25.2%. Free cash flow, operating cash flow less capital expenditures, was $83M ($90M less $7M). Diluted earnings per share were $0.67.

The last 16 quarters

Q2 FY2023 to Q1 FY2027, through the filing of September 2, 2026.

Revenue and net incomeRevenueNet income
−$200M$0$200M$400M$600MQ2'23, Revenue: $51MQ2'23, Net income: −$3MQ2'23Q3'23, Revenue: $54MQ3'23, Net income: $3MQ3'23Q4'23, Revenue: $32MQ4'23, Net income: −$16MQ4'23Q1'24, Revenue: $35MQ1'24, Net income: −$12MQ1'24Q2'24, Revenue: $44MQ2'24, Net income: −$7MQ2'24Q3'24, Revenue: $53MQ3'24, Net income: $428KQ3'24Q4'24, Revenue: $61MQ4'24, Net income: −$10MQ4'24Q1'25, Revenue: $60MQ1'25, Net income: −$10MQ1'25Q2'25, Revenue: $72MQ2'25, Net income: −$4MQ2'25Q3'25, Revenue: $135MQ3'25, Net income: $29MQ3'25Q4'25, Revenue: $170MQ4'25, Net income: $37MQ4'25Q1'26, Revenue: $223MQ1'26, Net income: $63MQ1'26Q2'26, Revenue: $268MQ2'26, Net income: $83MQ2'26Q3'26, Revenue: $407MQ3'26, Net income: $157MQ3'26Q4'26, Revenue: $437MQ4'26, Net income: $169MQ4'26Q1'27, Revenue: $479MQ1'27, Net income: $129MQ1'27−$200M$0$200M$400M$600MQ2'23, Revenue: $51MQ2'23, Net income: −$3MQ3'23, Revenue: $54MQ3'23, Net income: $3MQ3'23Q4'23, Revenue: $32MQ4'23, Net income: −$16MQ1'24, Revenue: $35MQ1'24, Net income: −$12MQ1'24Q2'24, Revenue: $44MQ2'24, Net income: −$7MQ3'24, Revenue: $53MQ3'24, Net income: $428KQ3'24Q4'24, Revenue: $61MQ4'24, Net income: −$10MQ1'25, Revenue: $60MQ1'25, Net income: −$10MQ1'25Q2'25, Revenue: $72MQ2'25, Net income: −$4MQ3'25, Revenue: $135MQ3'25, Net income: $29MQ3'25Q4'25, Revenue: $170MQ4'25, Net income: $37MQ1'26, Revenue: $223MQ1'26, Net income: $63MQ1'26Q2'26, Revenue: $268MQ2'26, Net income: $83MQ3'26, Revenue: $407MQ3'26, Net income: $157MQ3'26Q4'26, Revenue: $437MQ4'26, Net income: $169MQ1'27, Revenue: $479MQ1'27, Net income: $129MQ1'27

Net income losses drawn in red.

Free cash flow
−$50M$0$50M$100M$150M$200MQ2'23, Free cash flow: −$4MQ2'23Q3'23, Free cash flow: −$9MQ3'23Q4'23, Free cash flow: −$16MQ4'23Q1'24, Free cash flow: $19MQ1'24Q2'24, Free cash flow: $3MQ2'24Q3'24, Free cash flow: −$6MQ3'24Q4'24, Free cash flow: $962KQ4'24Q1'25, Free cash flow: −$13MQ1'25Q2'25, Free cash flow: −$12MQ2'25Q3'25, Free cash flow: −$383KQ3'25Q4'25, Free cash flow: $54MQ4'25Q1'26, Free cash flow: $51MQ1'26Q2'26, Free cash flow: $38MQ2'26Q3'26, Free cash flow: $140MQ3'26Q4'26, Free cash flow: $177MQ4'26Q1'27, Free cash flow: $83MQ1'27−$50M$0$50M$100M$150M$200MQ2'23, Free cash flow: −$4MQ3'23, Free cash flow: −$9MQ3'23Q4'23, Free cash flow: −$16MQ1'24, Free cash flow: $19MQ1'24Q2'24, Free cash flow: $3MQ3'24, Free cash flow: −$6MQ3'24Q4'24, Free cash flow: $962KQ1'25, Free cash flow: −$13MQ1'25Q2'25, Free cash flow: −$12MQ3'25, Free cash flow: −$383KQ3'25Q4'25, Free cash flow: $54MQ1'26, Free cash flow: $51MQ1'26Q2'26, Free cash flow: $38MQ3'26, Free cash flow: $140MQ3'26Q4'26, Free cash flow: $177MQ1'27, Free cash flow: $83MQ1'27

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$500M$1.0B$1.5BQ2'23, Cash and equivalents: $191MQ2'23Q3'23, Cash and equivalents: $124MQ3'23Q4'23, Cash and equivalents: $109MQ4'23Q1'24, Cash and equivalents: $127MQ1'24Q2'24, Cash and equivalents: $129MQ2'24Q3'24, Cash and equivalents: $96MQ3'24Q4'24, Cash and equivalents: $67MQ4'24Q1'25, Cash and equivalents: $104MQ1'25Q2'25, Cash and equivalents: $239MQ2'25Q3'25, Cash and equivalents: $299MQ3'25Q4'25, Cash and equivalents: $236MQ4'25Q1'26, Cash and equivalents: $220MQ1'26Q2'26, Cash and equivalents: $568MQ2'26Q3'26, Cash and equivalents: $1.2BQ3'26Q4'26, Cash and equivalents: $1.2BQ4'26Q1'27, Cash and equivalents: $467MQ1'27$0$500M$1.0B$1.5BQ2'23, Cash and equivalents: $191MQ3'23, Cash and equivalents: $124MQ3'23Q4'23, Cash and equivalents: $109MQ1'24, Cash and equivalents: $127MQ1'24Q2'24, Cash and equivalents: $129MQ3'24, Cash and equivalents: $96MQ3'24Q4'24, Cash and equivalents: $67MQ1'25, Cash and equivalents: $104MQ1'25Q2'25, Cash and equivalents: $239MQ3'25, Cash and equivalents: $299MQ3'25Q4'25, Cash and equivalents: $236MQ1'26, Cash and equivalents: $220MQ1'26Q2'26, Cash and equivalents: $568MQ3'26, Cash and equivalents: $1.2BQ3'26Q4'26, Cash and equivalents: $1.2BQ1'27, Cash and equivalents: $467MQ1'27

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q1 FY2027 filed September 2, 2026.

Credo Technology Group Holding Ltd Ordinary Shares income statement, quarterly
Millions of dollarsQ1 FY2027ended Aug 1, 2026filed Sep 2, 2026Q4 FY2026ended May 2, 2026filed Jun 15, 2026Q3 FY2026ended Jan 31, 2026filed Mar 3, 2026Q2 FY2026ended Nov 1, 2025filed Dec 2, 2025Q1 FY2026ended Aug 2, 2025filed Sep 4, 2025Q4 FY2025ended May 3, 2025filed Jul 2, 2025Q3 FY2025ended Feb 1, 2025filed Mar 10, 2025Q2 FY2025ended Nov 2, 2024filed Dec 3, 2024YoYQ1 FY2027vs Q1 FY2026
Revenue47943740726822317013572+114.7%
Cost of revenue1701391288773564927+133.7%
Gross profit3092982791811501148646+105.5%
Research and development11591785852483632+118.4%
Selling, general and administrative7452514437322322+98.7%
Operating income12115615079613426(8)+98.7%
Other income (expense)812954444+106.3%
Pretax income12916815984653830(4)+99.2%
Income tax(1)(1)211110−145.4%
Net income12916915783633729(4)+104.1%
Diluted EPS ($)0.67—0.820.440.34—0.16(0.03)+97.1%
Diluted shares (millions)194—192188185—182166—

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q1 FY2027 filed September 2, 2026.

Credo Technology Group Holding Ltd Ordinary Shares balance sheet, quarterly
Millions of dollarsQ1 FY2027ended Aug 1, 2026filed Sep 2, 2026Q4 FY2026ended May 2, 2026filed Jun 15, 2026Q3 FY2026ended Jan 31, 2026filed Mar 3, 2026Q2 FY2026ended Nov 1, 2025filed Dec 2, 2025Q1 FY2026ended Aug 2, 2025filed Sep 4, 2025Q4 FY2025ended May 3, 2025filed Jul 2, 2025Q3 FY2025ended Feb 1, 2025filed Mar 10, 2025Q2 FY2025ended Nov 2, 2024filed Dec 3, 2024YoYQ1 FY2027vs Q1 FY2026
Cash and equivalents4671,1651,220568220236299239+112.6%
Short-term investments2972788124626019580144+14.4%
Total current assets1,4662,0011,7871,243804714619538+82.5%
Total assets3,0132,2962,0371,449905809720639+232.8%
Total current liabilities1981971651401081088150+82.8%
Long-term debt—————————
Total liabilities28423218816312412810271+129.6%
Stockholders’ equity2,7282,0641,8491,286781682618568+249.2%
Shares outstanding (millions)188186184181173172170167—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q1 FY2027 filed September 2, 2026.

Credo Technology Group Holding Ltd Ordinary Shares cash flow statement, quarterly
Millions of dollarsQ1 FY2027ended Aug 1, 2026filed Sep 2, 2026Q4 FY2026ended May 2, 2026filed Jun 15, 2026Q3 FY2026ended Jan 31, 2026filed Mar 3, 2026Q2 FY2026ended Nov 1, 2025filed Dec 2, 2025Q1 FY2026ended Aug 2, 2025filed Sep 4, 2025Q4 FY2025ended May 3, 2025filed Jul 2, 2025Q3 FY2025ended Feb 1, 2025filed Mar 10, 2025Q2 FY2025ended Nov 2, 2024filed Dec 3, 2024YoYQ1 FY2027vs Q1 FY2026
Operating cash flow90182166625458410+66.6%
Capital expenditures75272334522+158.1%
Free cash flow (CFO − capex)831771403851540(12)+61.5%
Depreciation and amortization916775855+57.6%
Share repurchases—————————
Dividends paid—————————

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2026 filed June 15, 2026.

Income statement

Credo Technology Group Holding Ltd Ordinary Shares income statement, annual
Millions of dollarsFY2026ended May 2, 2026filed Jun 15, 2026FY2025ended May 3, 2025filed Jul 2, 2025FY2024ended Apr 27, 2024filed Jun 24, 2024FY2023ended Apr 29, 2023filed Jun 23, 2023FY2022ended Apr 30, 2022filed Jun 8, 2022FY2021ended Apr 30, 2021filed Mar 10, 2022FY2020ended Apr 30, 2020filed Mar 10, 2022
Revenue1,3354371931841065954
Cost of revenue427154747842208
Gross profit908283119106643846
Research and development2791479677483528
Selling, general and administrative184996048352916
Operating income44537(37)(21)(22)(25)2
Other income (expense)3018143000
Pretax income47555(23)(18)(22)(25)2
Income tax336(1)021
Net income47252(28)(17)(22)(28)1
Diluted EPS ($)2.510.29(0.18)(0.11)(0.25)(0.40)0.00
Diluted shares (millions)188181155147886972

Balance sheet

Credo Technology Group Holding Ltd Ordinary Shares balance sheet, annual
Millions of dollarsFY2026ended May 2, 2026filed Jun 15, 2026FY2025ended May 3, 2025filed Jul 2, 2025FY2024ended Apr 27, 2024filed Jun 24, 2024FY2023ended Apr 29, 2023filed Jun 23, 2023FY2022ended Apr 30, 2022filed Jun 8, 2022FY2021ended Apr 30, 2021filed Mar 10, 2022FY2020ended Apr 30, 2020filed Mar 10, 2022
Cash and equivalents1,16523667109259104—
Short-term investments2781953431090——
Total current assets2,001714530328332138—
Total assets2,296809602397376155—
Total current liabilities19710845312613—
Long-term debt———————
Total liabilities23212862504213—
Stockholders’ equity2,064682540348334(55)(9)
Shares outstanding (millions)186172165149145——

Cash flow statement

Credo Technology Group Holding Ltd Ordinary Shares cash flow statement, annual
Millions of dollarsFY2026ended May 2, 2026filed Jun 15, 2026FY2025ended May 3, 2025filed Jul 2, 2025FY2024ended Apr 27, 2024filed Jun 24, 2024FY2023ended Apr 29, 2023filed Jun 23, 2023FY2022ended Apr 30, 2022filed Jun 8, 2022FY2021ended Apr 30, 2021filed Mar 10, 2022FY2020ended Apr 30, 2020filed Mar 10, 2022
Operating cash flow4646533(25)(31)(42)(10)
Capital expenditures573616221869
Free cash flow (CFO − capex)4072917(46)(48)(48)(19)
Depreciation and amortization35221410522
Share repurchases———00230
Dividends paid———————

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$82M
112 sales by 6 insiders; officers and directors $82M
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$406M
660 sales by 10 insiders; officers and directors $406M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Oct 27, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect200$155.31$31K6MOct 29, 2026
Oct 27, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect600$156.90$94K6MOct 29, 2026
Oct 27, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect200$157.60$32K6MOct 29, 2026
Oct 27, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect300$159.35$48K6MOct 29, 2026
Oct 27, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect2,400$160.16$384K6MOct 29, 2026
Oct 27, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect4,500$161.14$725K6MOct 29, 2026
Oct 27, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect2,400$162.06$389K6MOct 29, 2026
Oct 27, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect500$162.87$81K6MOct 29, 2026
Oct 27, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect800$164.19$131K6MOct 29, 2026
Oct 27, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect2,588$165.40$428K6MOct 29, 2026
Oct 27, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect7,812$166.31$1M6MOct 29, 2026
Oct 27, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect4,700$167.30$786K6MOct 29, 2026
Oct 27, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect500$168.02$84K6MOct 29, 2026
Oct 20, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect700$162.09$113K6MOct 22, 2026
Oct 20, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect600$163.59$98K6MOct 22, 2026
Oct 20, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect500$164.58$82K6MOct 22, 2026
Oct 20, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect400$165.89$66K6MOct 22, 2026
Oct 20, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect400$167.06$67K6MOct 22, 2026
Oct 20, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect400$168.11$67K6MOct 22, 2026
Oct 20, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect800$169.29$135K6MOct 22, 2026
Oct 20, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect577$170.35$98K6MOct 22, 2026
Oct 20, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect1,523$171.40$261K6MOct 22, 2026
Oct 20, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect3,690$172.50$637K6MOct 22, 2026
Oct 20, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect7,420$173.55$1M6MOct 22, 2026
Oct 20, 2026Cheng Chi FungChief Technology Officer, Directoropen-market sale10b5-1indirect6,190$174.28$1M6MOct 22, 2026

Full insider history for Credo Technology Group Holding Ltd Ordinary Shares, or insider activity across all companies. A record of filings, not a recommendation.

Sources

Fiscal year ends in month 4; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
Credo Technology Group Holding Ltd, CIK 1807794 on EDGAR
Extract generated
November 1, 2026
Withheld
none
Repaired
none
XBRL concepts behind each line

Income statement

Revenue: RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenue: CostOfGoodsAndServicesSold
Gross profit: GrossProfit
Research and development: ResearchAndDevelopmentExpense
Selling, general and administrative: SellingGeneralAndAdministrativeExpense
Operating income: OperatingIncomeLoss
Other income (expense): OtherNonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: ShortTermInvestments
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: not filed
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquirePropertyPlantAndEquipment
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationDepletionAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: not filed

The data

The statements on this page as files, generated November 1, 2026.

JSON file
/data/financials/CRDO.json