CRDO Income Statement

Financials in millions USD. Fiscal year is June - May.

Millions USD. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020
Period Ending	Nov '25 Nov 1, 2025	May '25 May 3, 2025	Apr '24 Apr 27, 2024	Apr '23 Apr 29, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021	2020
Revenue	796.13	436.78	192.97	184.19	106.48	58.7	Upgrade
Revenue Growth (YoY)	224.17%	126.34%	4.76%	72.99%	81.40%	9.03%	Upgrade
Cost of Revenue	264.6	153.87	73.54	78	42.46	20.42	Upgrade
Gross Profit	531.53	282.91	119.43	106.19	64.02	38.28	Upgrade
Selling, General & Admin	136.93	98.92	60.19	48.25	34.9	28.67	Upgrade
Research & Development	194.21	145.99	95.53	76.77	47.95	34.85	Upgrade
Operating Expenses	331.14	244.91	155.72	125.02	82.85	63.51	Upgrade
Operating Income	200.39	38	-36.29	-18.83	-18.83	-25.23	Upgrade
Other Non Operating Income (Expenses)	16.57	17.75	14.31	3.32	-0.25	-0.06	Upgrade
EBT Excluding Unusual Items	216.97	55.74	-21.98	-15.51	-19.08	-25.3	Upgrade
Asset Writedown	-0.87	-0.87	-0.77	-2.41	-3.13	-	Upgrade
Pretax Income	216.09	54.87	-22.75	-17.91	-22.21	-25.3	Upgrade
Income Tax Expense	4.11	2.69	5.62	-1.37	-0.04	2.22	Upgrade
Net Income	211.98	52.18	-28.37	-16.55	-22.18	-27.51	Upgrade
Net Income to Common	211.98	52.18	-28.37	-16.55	-22.18	-27.51	Upgrade
Shares Outstanding (Basic)	171	168	155	147	88	69	Upgrade
Shares Outstanding (Diluted)	191	181	155	147	88	69	Upgrade
Shares Change (YoY)	17.10%	16.81%	5.82%	65.79%	27.93%	-3.67%	Upgrade
EPS (Basic)	1.24	0.31	-0.18	-0.11	-0.25	-0.40	Upgrade
EPS (Diluted)	1.11	0.29	-0.18	-0.11	-0.25	-0.40	Upgrade
Free Cash Flow	143.61	29.02	17.09	-46.33	-48.41	-48.42	Upgrade
Free Cash Flow Per Share	0.75	0.16	0.11	-0.32	-0.55	-0.70	Upgrade
Gross Margin	66.76%	64.77%	61.89%	57.65%	60.12%	65.21%	Upgrade
Operating Margin	25.17%	8.70%	-18.81%	-10.22%	-17.69%	-42.99%	Upgrade
Profit Margin	26.63%	11.95%	-14.70%	-8.98%	-20.83%	-46.87%	Upgrade
Free Cash Flow Margin	18.04%	6.64%	8.85%	-25.15%	-45.47%	-82.49%	Upgrade
EBITDA	225.14	59.94	-22.52	-9.31	-14.04	-23.02	Upgrade
EBITDA Margin	28.28%	13.72%	-11.67%	-5.06%	-13.19%	-39.21%	Upgrade
D&A For EBITDA	24.75	21.94	13.77	9.51	4.79	2.22	Upgrade
EBIT	200.39	38	-36.29	-18.83	-18.83	-25.23	Upgrade
EBIT Margin	25.17%	8.70%	-18.81%	-10.22%	-17.69%	-42.99%	Upgrade
Effective Tax Rate	1.90%	4.90%	-	-	-	-	Upgrade
Revenue as Reported	796.13	436.78	192.97	184.19	106.48	58.7	Upgrade

Updated Dec 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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