Credo Technology Group Holding Ltd

For the period ended Nov 1, 2025. Filed Dec 2, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Nov 1, 2025 · Filed Dec 2, 2025

CRDO$132.89+10.3%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Statements of Operations

(unaudited, in thousands, except per share amounts)

	Three Months Ended		Six Months Ended
	November 1, 2025	November 2, 2024	November 1, 2025	November 2, 2024
Revenue:
Product sales revenue	$261,293	$69,075	$478,352	$126,400
IP license revenue	6,734	2,959	12,749	5,348
Total revenue	268,027	72,034	491,101	131,748
Cost of revenue	86,981	26,522	159,687	48,953
Gross profit	181,046	45,512	331,414	82,795
Operating expenses:
Research and development	57,916	31,742	110,364	62,151
Selling, general and administrative	44,334	22,177	81,512	43,502
Total operating expenses	102,250	53,919	191,876	105,653
Operating income (loss)	78,796	(8,407)	139,538	(22,858)
Other income, net	4,889	4,474	8,835	10,007
Income (loss) before income taxes	83,685	(3,933)	148,373	(12,851)
Provision for income taxes	1,049	292	2,338	914
Net income (loss)	$82,636	$(4,225)	$146,035	$(13,765)
Net income (loss) per share:
Basic	$0.47	$(0.03)	$0.84	$(0.08)
Diluted	$0.44	$(0.03)	$0.79	$(0.08)
Weighted-average shares:
Basic	175,307	166,487	173,623	165,789
Diluted	187,659	166,487	185,465	165,789

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.