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

Revenue by Product and Service

2023-04-30 to 2024-01-27

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Credo Technology Group Holding Ltd (CRDO) FY2024 YTD Q3 P&L / Income StatementIncome statement for 2023-04-30 through 2024-01-27. View: Product and service. Revenue and costs use their disclosed categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETProduct sales revenueProduct engineering services revenueIP license revenueTotal revenueGross profitCost of revenueProduct sales cost of revenueProduct engineering services cost of revenueIP license cost of revenueOperating lossTotal operating expensesResearch and developmentSelling, general and administrativeOther income (expense), net (calculated)Loss before income taxesNet income (loss)Benefit for income taxesOther income (expense), net (calculated)Other income,net (calculated)$9.15 MTotal revenueTotal revenue$132.19 MGross profitGross profit$79.47 MOperating lossOperating loss−$29.18 MNet income (loss)Net income (loss)−$17.89 MLoss before income taxesLoss beforeincome taxes−$20.03 MTotal operating expensesTotal operatingexpenses$108.64 MProduct sales revenueProduct sales$104.25 MBenefit for income taxesBenefit forincome taxes−$2.14 MResearch and developmentResearch and development$68.61 MCost of revenueCost of revenue$52.72 MProduct engineering services revenueProduct engineering services$16.56 MIP license revenueIP license$11.38 MSelling, general and administrativeSelling, general and administrative$40.03 MProduct sales cost of revenueProduct sales$50.13 MProduct engineering services cost of revenueProduct engineeringservices$1.94 MIP license cost of revenueIP license$662.00 K
Chart details

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

Income statement for 2023-04-30 through 2024-01-27. View: Product and service. Revenue and costs use their disclosed categories.

Total revenue
132,188,000 US dollars
Cost of revenue
52,723,000 US dollars
Gross profit
79,465,000 US dollars
Total operating expenses
108,642,000 US dollars
Operating loss
negative 29,177,000 US dollars
Other income (expense), net (calculated)
9,150,000 US dollars
Loss before income taxes
negative 20,027,000 US dollars
Benefit for income taxes
negative 2,135,000 US dollars
Net income (loss)
negative 17,892,000 US dollars
Product sales revenue
104,250,000 US dollars
Product engineering services revenue
16,557,000 US dollars
IP license revenue
11,381,000 US dollars
Product sales cost of revenue
50,126,000 US dollars
Product engineering services cost of revenue
1,935,000 US dollars
IP license cost of revenue
662,000 US dollars
Research and development
68,610,000 US dollars
Selling, general and administrative
40,032,000 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.
Credo Technology Group Holding Ltd (CRDO) FY2024 YTD Q3 P&L / Income Statement Sankey chart, Product and service view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

60.1%

Gross profit / revenue

Operating margin

−22.1%

Operating profit / revenue

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