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	Aug '25 Aug 2, 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	600.14	436.78	192.97	184.19	106.48	58.7	Upgrade
Revenue Growth (YoY)	175.81%	126.34%	4.76%	72.99%	81.40%	9.03%	Upgrade
Cost of Revenue	204.14	153.87	73.54	78	42.46	20.42	Upgrade
Gross Profit	395.99	282.91	119.43	106.19	64.02	38.28	Upgrade
Selling, General & Admin	114.77	98.92	60.19	48.25	34.9	28.67	Upgrade
Research & Development	168.03	145.99	95.53	76.77	47.95	34.85	Upgrade
Operating Expenses	282.8	244.91	155.72	125.02	82.85	63.51	Upgrade
Operating Income	113.19	38	-36.29	-18.83	-18.83	-25.23	Upgrade
Other Non Operating Income (Expenses)	16.16	17.75	14.31	3.32	-0.25	-0.06	Upgrade
EBT Excluding Unusual Items	129.35	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	128.48	54.87	-22.75	-17.91	-22.21	-25.3	Upgrade
Income Tax Expense	3.35	2.69	5.62	-1.37	-0.04	2.22	Upgrade
Net Income	125.12	52.18	-28.37	-16.55	-22.18	-27.51	Upgrade
Net Income to Common	125.12	52.18	-28.37	-16.55	-22.18	-27.51	Upgrade
Shares Outstanding (Basic)	169	168	155	147	88	69	Upgrade
Shares Outstanding (Diluted)	186	181	155	147	88	69	Upgrade
Shares Change (YoY)	16.95%	16.81%	5.82%	65.79%	27.93%	-3.67%	Upgrade
EPS (Basic)	0.74	0.31	-0.18	-0.11	-0.25	-0.40	Upgrade
EPS (Diluted)	0.67	0.29	-0.18	-0.11	-0.25	-0.40	Upgrade
Free Cash Flow	93.47	29.02	17.09	-46.33	-48.41	-48.42	Upgrade
Free Cash Flow Per Share	0.50	0.16	0.11	-0.32	-0.55	-0.70	Upgrade
Gross Margin	65.98%	64.77%	61.89%	57.65%	60.12%	65.21%	Upgrade
Operating Margin	18.86%	8.70%	-18.81%	-10.22%	-17.69%	-42.99%	Upgrade
Profit Margin	20.85%	11.95%	-14.70%	-8.98%	-20.83%	-46.87%	Upgrade
Free Cash Flow Margin	15.57%	6.64%	8.85%	-25.15%	-45.47%	-82.49%	Upgrade
EBITDA	136.36	59.94	-22.52	-9.31	-14.04	-23.02	Upgrade
EBITDA Margin	22.72%	13.72%	-11.67%	-5.06%	-13.19%	-39.21%	Upgrade
D&A For EBITDA	23.17	21.94	13.77	9.51	4.79	2.22	Upgrade
EBIT	113.19	38	-36.29	-18.83	-18.83	-25.23	Upgrade
EBIT Margin	18.86%	8.70%	-18.81%	-10.22%	-17.69%	-42.99%	Upgrade
Effective Tax Rate	2.61%	4.90%	-	-	-	-	Upgrade
Revenue as Reported	600.14	436.78	192.97	184.19	106.48	58.7	Upgrade

Updated Sep 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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