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

- Company: Credo Technology Group Holding Ltd (CRDO)
- Period: 2024-11-03 to 2025-02-01
- Filing: Q3 FY2025 10-Q, filed 2025-03-10, accession number 0001628280-25-011738
- Page: https://plicit.ai/financials/crdo/fy2025-q3-income-statement
- Chart image: https://plicit.ai/charts/crdo-fy2025-q3-income-statement-sankey.png

## Chart details: Revenue by Product and Service

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.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/crdo/fy2025-q3-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/crdo-fy2025-q3-revenue-by-geography-sankey.png

Income statement for 2024-11-03 through 2025-02-01. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated 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
- **HONG KONG**: 93,337,000 US dollars
- **CHINA**: 25,263,000 US dollars
- **UNITED STATES**: 7,626,000 US dollars
- **TAIWAN**: 1,080,000 US dollars
- **Rest of World**: 7,696,000 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.