Credo Technology Group Holding Ltd (CRDO) FY2027 Q1 P&L / Income Statement

Credo Technology Group Holding Ltd (CRDO) FY2027 Q1 P&L / Income Statement

Income statement for 2026-05-03 through 2026-08-01. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue

479,003,000 US dollars

Cost of revenue

169,923,000 US dollars

Gross profit

309,080,000 US dollars

Total operating expenses

188,380,000 US dollars

Operating income

120,700,000 US dollars

Other income (expense), net (calculated)

8,140,000 US dollars

Income before income taxes

128,840,000 US dollars

Provision (benefit) for income taxes

negative 585,000 US dollars

Net income

129,425,000 US dollars

UNITED STATES

255,442,000 US dollars

HONG KONG

91,175,000 US dollars

MALAYSIA

74,455,000 US dollars

CHINA

1,095,000 US dollars

Rest of World

56,836,000 US dollars

Research and development

114,524,000 US dollars

Selling, general and administrative

73,856,000 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.