Credo Technology Group Holding Ltd (CRDO) FY2024 Q3 P&L / Income Statement

Credo Technology Group Holding Ltd (CRDO) FY2024 Q3 P&L / Income Statement

Income statement for 2023-10-29 through 2024-01-27. View: Product and service. Revenue and costs use their disclosed categories.

Total revenue

53,058,000 US dollars

Cost of revenue

20,500,000 US dollars

Gross profit

32,558,000 US dollars

Total operating expenses

38,469,000 US dollars

Operating loss

negative 5,911,000 US dollars

Other income (expense), net (calculated)

4,291,000 US dollars

Loss before income taxes

negative 1,620,000 US dollars

Benefit for income taxes

negative 2,048,000 US dollars

Net income (loss)

428,000 US dollars

Product sales revenue

39,975,000 US dollars

Product engineering services revenue

11,830,000 US dollars

IP license revenue

1,253,000 US dollars

Product sales cost of revenue

18,912,000 US dollars

Product engineering services cost of revenue

1,471,000 US dollars

IP license cost of revenue

117,000 US dollars

Research and development

24,236,000 US dollars

Selling, general and administrative

14,233,000 US dollars

Impairment charges

0 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.