Credo Technology Group Holding Ltd
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Credo Technology Group Holding Ltd's past years’ income statements indicate that its last revenue has increased compared to the previous period by 5% to $192,970,000. Profit margin reached -15%. Total operating expenses were $155,724,000.

Profit Margin

Credo Technology Group Holding Ltd (NASDAQ:CRDO): Profit margin
2020 53.83M 1.32M 2.47%
2021 58.69M -27.51M -46.87%
2022 106.47M -22.17M -20.83%
2023 184.19M -16.54M -8.98%
2024 192.97M -28.36M -14.7%

CRDO Income Statement (2020 – 2024)

2024 2023 2022 2021 2020
Revenue
Revenue
192.97M184.19M106.47M58.69M53.83M
Cost of revenue
73.53M78M42.46M20.41M7.72M
Gross profit
119.43M106.19M64.01M38.27M46.10M
Operating exp.
Research and development
95.53M76.77M47.94M34.84M27.56M
Selling and marketing
00017.52M9.63M
Total operating expenses
155.72M125.02M82.84M63.51M44.03M
Operating income
-36.29M-21.23M-18.83M-25.23M2.07M
Other income (expenses), net
13.54M3.32M-3.37M-62K24K
Income before tax
-22.74M-17.91M-22.21M-25.29M2.09M
Income tax expense
5.62M-1.36M-37K2.21M766K
Net income
-28.36M-16.54M-22.17M-27.51M1.32M
Earnings per share
Basic EPS
-0.18-0.11-0.25-0.20.00
Diluted EPS
-0.18-0.11-0.25-0.20.00
Data sourceData sourceData source