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	FY
Period Ending	Jan '26 Jan 31, 2026	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
Revenue	1,068	436.78	192.97	184.19	106.48	58.7
Revenue Growth (YoY)	226.12%	126.34%	4.76%	72.99%	81.40%	9.03%
Cost of Revenue	343.67	153.87	73.54	78	42.46	20.42
Gross Profit	724.47	282.91	119.43	106.19	64.02	38.28
Selling, General & Admin	164.22	98.92	60.19	48.25	34.9	28.67
Research & Development	236.43	145.99	95.53	76.77	47.95	34.85
Other Operating Expenses	0.87	0.87	0.77	2.41	3.13	-
Total Operating Expenses	401.52	245.79	156.49	127.43	85.98	63.51
Operating Income	322.95	37.12	-37.06	-21.24	-21.97	-25.23
Total Non-Operating Income (Expense)	22.12	17.75	14.31	3.32	-0.25	-0.06
Pretax Income	345.06	54.87	-22.75	-17.91	-22.21	-25.3
Provision for Income Taxes	5.3	2.69	5.62	-1.37	-0.04	2.22
Net Income	339.77	52.18	-28.37	-16.55	-22.18	-27.51
Net Income to Common	339.77	52.18	-28.37	-16.55	-22.18	-27.51
Net Income Growth	6538.63%	-	-	-	-	-
Shares Outstanding (Basic)	175	168	155	147	88	69
Shares Outstanding (Diluted)	187	181	155	147	88	69
Shares Change (YoY)	10.12%	16.81%	5.82%	65.79%	27.93%	-3.67%
EPS (Basic)	1.91	0.31	-0.18	-0.11	-0.25	-0.40
EPS (Diluted)	1.80	0.29	-0.18	-0.11	-0.25	-0.40
EPS Growth	17900.00%	-	-	-	-	-
Shares Outstanding	184.22	171.17	164.31	148.65	144.76	68.28
Free Cash Flow	283.69	29.02	17.09	-46.33	-48.41	-48.42
Free Cash Flow Growth	877.51%	69.87%	-	-	-	-
Free Cash Flow Per Share	1.52	0.16	0.11	-0.32	-0.55	-0.70
Gross Margin	67.83%	64.77%	61.89%	57.65%	60.12%	65.21%
Operating Margin	30.23%	8.50%	-19.20%	-11.53%	-20.63%	-42.99%
Profit Margin	31.81%	11.95%	-14.70%	-8.98%	-20.83%	-46.87%
FCF Margin	26.56%	6.64%	8.85%	-25.15%	-45.47%	-82.49%
EBITDA	349.39	59.06	-23.29	-11.72	-17.18	-23.02
EBITDA Margin	32.71%	13.52%	-12.07%	-6.36%	-16.13%	-39.21%
EBIT	322.95	37.12	-37.06	-21.24	-21.97	-25.23
EBIT Margin	30.23%	8.50%	-19.20%	-11.53%	-20.63%	-42.99%
Effective Tax Rate	1.54%	4.90%	-24.73%	7.63%	0.17%	-8.76%

Updated Mar 3, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

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