Credo Technology Group Quarterly Income Statements Chart
Quarterly
|
Annual
Credo Technology Group Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2025-08-02 | 2025-05-03 | 2025-02-01 | 2024-11-02 | 2024-08-03 | 2024-04-27 | 2024-01-27 | 2023-10-28 | 2023-07-29 | 2023-04-29 | 2023-01-28 | 2022-10-29 | 2022-07-30 | 2022-04-30 | 2022-01-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| revenue: | |||||||||||||||
| product sales revenue | 217,059,000 | ||||||||||||||
| ip license revenue | 6,015,000 | ||||||||||||||
| total revenue | 223,074,000 | 170,025,000 | 135,002,000 | 72,034,000 | 59,714,000 | 60,782,000 | 53,058,000 | 44,035,000 | 35,095,000 | 32,088,000 | 54,270,000 | 51,369,000 | 46,467,000 | 37,526,000 | 31,800,000 |
| yoy | 273.57% | 179.73% | 154.44% | 63.58% | 70.15% | 89.42% | -2.23% | -14.28% | -24.47% | -14.49% | 70.66% | ||||
| qoq | 31.20% | 25.94% | 87.41% | 20.63% | -1.76% | 14.56% | 20.49% | 25.47% | 9.37% | -40.87% | 5.65% | 10.55% | 23.83% | 18.01% | |
| cost of revenue | 72,706,000 | ||||||||||||||
| gross profit | 150,368,000 | 114,188,000 | 85,926,000 | 45,512,000 | 37,283,000 | 39,966,000 | 32,558,000 | 26,117,000 | 20,790,000 | 18,585,000 | 31,987,000 | 27,959,000 | 27,663,000 | 23,769,000 | 19,112,000 |
| yoy | 303.32% | 185.71% | 163.92% | 74.26% | 79.33% | 115.04% | 1.79% | -6.59% | -24.85% | -21.81% | 67.37% | ||||
| qoq | 31.68% | 32.89% | 88.80% | 22.07% | -6.71% | 22.75% | 24.66% | 25.62% | 11.86% | -41.90% | 14.41% | 1.07% | 16.38% | 24.37% | |
| gross margin % | 67.41% | 67.16% | 63.65% | 63.18% | 62.44% | 65.75% | 61.36% | 59.31% | 59.24% | 57.92% | 58.94% | 54.43% | 59.53% | 63.34% | 60.10% |
| operating expenses: | |||||||||||||||
| research and development | 52,448,000 | 47,582,000 | 36,261,000 | 31,742,000 | 30,409,000 | 26,921,000 | 24,236,000 | 21,736,000 | 22,638,000 | 21,403,000 | 20,530,000 | 18,158,000 | 16,683,000 | 15,461,000 | 10,995,000 |
| selling, general and administrative | 37,178,000 | 31,945,000 | 23,471,000 | 22,177,000 | 21,325,000 | 20,161,000 | 14,233,000 | 13,256,000 | 12,543,000 | 13,574,000 | 11,936,000 | 11,540,000 | 11,198,000 | 11,507,000 | 8,568,000 |
| total operating expenses | 89,626,000 | 80,400,000 | 59,732,000 | 53,919,000 | 51,734,000 | 47,847,000 | 38,469,000 | 34,992,000 | 35,181,000 | 34,977,000 | 34,873,000 | 29,698,000 | 27,881,000 | 30,102,000 | 19,563,000 |
| operating income | 60,742,000 | 33,788,000 | 26,194,000 | -8,407,000 | -14,451,000 | -7,881,000 | -5,911,000 | -8,875,000 | -14,391,000 | -16,392,000 | -2,886,000 | -1,739,000 | -218,000 | -6,333,000 | -451,000 |
| yoy | -520.33% | -528.73% | -543.14% | -5.27% | 0.42% | -51.92% | 104.82% | 410.35% | 6501.38% | 158.83% | 539.91% | ||||
| qoq | 79.77% | 28.99% | -411.57% | -41.82% | 83.37% | 33.33% | -33.40% | -38.33% | -12.21% | 467.98% | 65.96% | 697.71% | -96.56% | 1304.21% | |
| operating margin % | 27.23% | 19.87% | 19.40% | -11.67% | -24.20% | -12.97% | -11.14% | -20.15% | -41.01% | -51.08% | -5.32% | -3.39% | -0.47% | -16.88% | -1.42% |
| other income | 3,946,000 | 3,821,000 | 3,918,000 | 4,474,000 | 5,533,000 | 5,163,000 | 4,291,000 | 2,702,000 | 2,157,000 | 1,703,000 | 2,530,000 | -692,000 | -220,000 | -175,000 | -80,000 |
| income before income taxes | 64,688,000 | 37,609,000 | 30,112,000 | -3,933,000 | -8,918,000 | -2,718,000 | -1,620,000 | -6,173,000 | -12,234,000 | -14,689,000 | -356,000 | -2,431,000 | -438,000 | -6,508,000 | -531,000 |
| benefit from income taxes | 1,289,000 | 929,000 | |||||||||||||
| net income | 63,399,000 | 36,588,000 | 29,360,000 | -4,225,000 | -9,540,000 | -10,477,000 | 428,000 | -6,623,000 | -11,697,000 | -15,937,000 | 2,823,000 | -3,360,000 | -73,000 | -5,355,000 | -144,000 |
| yoy | -764.56% | -449.22% | 6759.81% | -36.21% | -18.44% | -34.26% | -84.84% | 97.11% | 15923.29% | 197.61% | -2060.42% | ||||
| qoq | 73.28% | 24.62% | -794.91% | -55.71% | -8.94% | -2547.90% | -106.46% | -43.38% | -26.60% | -664.54% | -184.02% | 4502.74% | -98.64% | 3618.75% | |
| net income margin % | 28.42% | 21.52% | 21.75% | -5.87% | -15.98% | -17.24% | 0.81% | -15.04% | -33.33% | -49.67% | 5.20% | -6.54% | -0.16% | -14.27% | -0.45% |
| net income per share | |||||||||||||||
| basic | 0.37 | 0.22 | 0.17 | -0.03 | 0.02 | ||||||||||
| diluted | 0.34 | 0.2 | 0.16 | -0.03 | 0.02 | ||||||||||
| weighted-average shares: | |||||||||||||||
| basic | 171,927 | 167,505 | 168,167 | 157,155 | 146,908 | ||||||||||
| diluted | 184,577 | 181,158 | 182,464 | 167,160 | 156,519 | ||||||||||
| product sales | 164,524,000 | 129,371,000 | 64,443,000 | 53,839,000 | 40,798,000 | 39,975,000 | 34,247,000 | 30,028,000 | 23,830,000 | 38,033,000 | 44,349,000 | 35,263,000 | 25,298,000 | 22,706,000 | |
| product engineering services | 1,337,000 | 2,667,000 | 4,632,000 | 3,486,000 | 3,341,000 | 11,830,000 | 2,434,000 | 2,293,000 | 2,571,000 | 3,635,000 | 3,750,000 | 824,000 | 1,113,000 | 3,954,000 | |
| ip license | 4,164,000 | 2,964,000 | 2,959,000 | 2,389,000 | 16,643,000 | 1,253,000 | 7,354,000 | 2,774,000 | 5,265,000 | 11,715,000 | 2,084,000 | 10,380,000 | 11,115,000 | 5,022,000 | |
| cost of revenue: | |||||||||||||||
| cost of product sales revenue | 55,779,000 | 48,835,000 | 25,883,000 | 21,884,000 | 20,372,000 | 18,912,000 | 17,346,000 | 13,868,000 | 13,127,000 | 21,833,000 | 22,658,000 | 17,525,000 | 13,646,000 | 12,230,000 | |
| cost of product engineering services revenue | 58,000 | 233,000 | 571,000 | 452,000 | 290,000 | 1,471,000 | 171,000 | 293,000 | 226,000 | 228,000 | 418,000 | 100,000 | 111,000 | 410,000 | |
| cost of ip license revenue | 8,000 | 68,000 | 95,000 | 154,000 | 117,000 | 401,000 | 144,000 | 1,179,000 | |||||||
| total cost of revenue | 55,837,000 | 49,076,000 | 26,522,000 | 22,431,000 | 20,816,000 | 20,500,000 | 17,918,000 | 14,305,000 | 13,503,000 | 22,283,000 | 23,410,000 | 18,804,000 | 13,757,000 | 12,688,000 | |
| benefit for income taxes | 1,021,000 | 752,000 | 292,000 | 622,000 | 7,759,000 | -2,048,000 | 450,000 | -537,000 | 1,248,000 | -3,179,000 | -365,000 | -1,153,000 | -387,000 | ||
| net income per share | |||||||||||||||
| basic and diluted | -0.03 | -0.06 | -0.04 | -0.08 | -0.02 | -0.01 | |||||||||
| weighted-average shares: | |||||||||||||||
| basic and diluted | 166,487 | 165,140 | 155,091 | 150,232 | 149,277 | 146,556 | 146,012 | 145,077 | 88,398 | 73,815 | |||||
| impairment charges | 2,407,000 | ||||||||||||||
| ip license engineering services | 422,000 | 887,000 | 1,186,000 | 118,000 | |||||||||||
| cost of ip license engineering services revenue | 150,000 | 222,000 | 334,000 | 48,000 | |||||||||||
| weighted-average shares used for eps calculation | |||||||||||||||
| basic and diluted | 166,487 | 165,140 | 155,091 | 150,232 | 149,277 | 146,556 | 146,012 | 145,077 | 88,398 | 73,815 |
We provide you with 20 years income statements for Credo Technology Group stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Credo Technology Group stock. Explore the full financial landscape of Credo Technology Group stock with our expertly curated income statements.
The information provided in this report about Credo Technology Group stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.