Credo Technology Group Holding Ltd (CRDO) FY2025 Q3 P&L / Income Statement

Revenue by Product and Service

2024-11-03 to 2025-02-01

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Credo Technology Group Holding Ltd (CRDO) FY2025 Q3 P&L / Income StatementIncome statement for 2024-11-03 through 2025-02-01. View: Product and service. Revenue and costs use their disclosed categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETProduct sales revenueIP license revenueProduct engineering services revenueTotal revenueGross profitTotal cost of revenueProduct sales cost of revenueProduct engineering services cost of revenueIP license cost of revenueOperating income (loss)Total operating expensesResearch and developmentSelling, general and administrativeOther income (expense), net (calculated)Income (loss) before income taxesNet income (loss)Provision (benefit) for income taxesOther income (expense), net (calculated)Other income,net (calculated)$3.92 MIncome (loss) before income taxesIncome (loss)before income taxes$30.11 MOperating income (loss)Operatingincome (loss)$26.19 MTotal revenueTotal revenue$135.00 MGross profitGross profit$85.93 MNet income (loss)Net income (loss)$29.36 MTotal operating expensesTotal operatingexpenses$59.73 MProvision (benefit) for income taxesProvision (benefit)for income taxes$752.00 KProduct sales revenueProduct sales$129.37 MResearch and developmentResearch and development$36.26 MTotal cost of revenueTotal cost of revenue$49.08 MSelling, general and administrativeSelling, general and administrative$23.47 MIP license revenueIP license$2.96 MProduct engineering services revenueProduct engineering services$2.67 MProduct sales cost of revenueProduct sales$48.84 MProduct engineering services cost of revenueProduct engineeringservices$233.00 KIP license cost of revenueIP license$8.00 K
Chart details

Credo Technology Group Holding Ltd (CRDO) FY2025 Q3 P&L / Income Statement

Income statement for 2024-11-03 through 2025-02-01. View: Product and service. Revenue and costs use their disclosed categories.

Total revenue
135,002,000 US dollars
Total cost of revenue
49,076,000 US dollars
Gross profit
85,926,000 US dollars
Total operating expenses
59,732,000 US dollars
Operating income (loss)
26,194,000 US dollars
Other income (expense), net (calculated)
3,918,000 US dollars
Income (loss) before income taxes
30,112,000 US dollars
Provision (benefit) for income taxes
752,000 US dollars
Net income (loss)
29,360,000 US dollars
Product sales revenue
129,371,000 US dollars
Product engineering services revenue
2,667,000 US dollars
IP license revenue
2,964,000 US dollars
Product sales cost of revenue
48,835,000 US dollars
Product engineering services cost of revenue
233,000 US dollars
IP license cost of revenue
8,000 US dollars
Research and development
36,261,000 US dollars
Selling, general and administrative
23,471,000 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) FY2025 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

63.6%

Gross profit / revenue

Operating margin

19.4%

Operating profit / revenue

Cash conversion

14.3%

Operating cash / net income, same period

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