Credo Technology Group Holding Ltd

CRDO 10-Q · Q3 2026

CRDO Q3 2026 request

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Income Statement

Income Statement
Metric Q3 2026 Q3 2025 YoY
Revenue (Q) — — —
Show Business Segments breakouts
Reportable Segment 407,012 135,002 +201.5%
Show Geography breakouts
CN 3,708 25,263 -85.3%
HK 104,367 93,337 +11.8%
Rest of World 31,537 8,776 +259.4%
US 267,400 7,626 +3406.4%
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Revenue 407,012 135,002 +201.5%
Cost of Revenue (Q) — — —
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Reportable Segment 128,144 49,076 +161.1%
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Cost of Revenue 128,144 49,076 +161.1%
Gross Profit (Q) — — —
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Gross Profit 278,868 85,926 +224.5%
Research & Development (Q) — — —
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Research & Development 78,483 36,261 +116.4%
Selling, General & Administrative (Q) — — —
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Selling, General & Administrative 50,763 23,471 +116.3%
Operating Expenses (Q) — — —
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Operating Expenses 129,246 59,732 +116.4%
Operating Income (Q) — — —
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Operating Income 149,622 26,194 +471.2%
Other Non-Operating Income (Expense) (Q) — — —
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Other Non-Operating Income (Expense) 9,459 3,918 +141.4%
Income Before Taxes (Q) — — —
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Income Before Taxes 159,081 30,112 +428.3%
Income Tax Expense (Benefit) (Q) — — —
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Income Tax Expense (Benefit) 1,939 752 +157.8%
Net Income (Q) — — —
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Reportable Segment 157,142 29,360 +435.2%
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Net Income 157,142 29,360 +435.2%
EPS (Basic) (Q) — — —
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EPS (Basic) 0.86 0.17 +405.9%
EPS (Diluted) (Q) — — —
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EPS (Diluted) 0.82 0.16 +412.5%
Wtd Avg Shares (Basic) (Q) — — —
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Wtd Avg Shares (Basic) 182,222 168,167 +8.4%
Wtd Avg Shares (Diluted) (Q) — — —
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Wtd Avg Shares (Diluted) 192,023 182,464 +5.2%
Comprehensive Income (Q) — — —
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Accumulated Other Comprehensive Income 2,707 -93 +3010.8%
Retained Earnings 157,142 29,360 +435.2%
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Comprehensive Income 159,849 29,267 +446.2%
Labor And Related Expense (Q) — — —
Show Business Segments breakouts
Reportable Segment 36,305 24,708 +46.9%

Balance Sheet

Balance Sheet
Metric Q3 2026 Q3 2025 YoY
Current Assets
Cash & Cash Equivalents (Q) — — —
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Cash & Cash Equivalents 1,220,464 299,208 +307.9%
Short-Term Investments (Q) — — —
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Short-Term Investments 81,000 80,000 +1.2%
Accounts Receivable (Q) — — —
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Accounts Receivable 243,213 157,133 +54.8%
Inventory (Q) — — —
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Inventory 207,958 — —
Other Assets Current (Q) — — —
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Other Assets Current 33,958 — —
Total Current Assets (Q) — — —
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Total Current Assets 1,786,593 619,150 +188.6%
Non-Current Assets
Property, Plant & Equipment (Q) — — —
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Property, Plant & Equipment 105,989 — —
Operating Lease Right-of-Use Assets (Q) — — —
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Operating Lease Right-of-Use Assets 15,517 15,346 +1.1%
Goodwill (Q) — — —
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Goodwill 70,859 — —
Other Non-Current Assets (Q) — — —
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Other Non-Current Assets 40,757 17,615 +131.4%
Total Assets (Q) — — —
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Total Assets 2,037,339 719,916 +183.0%
Other Assets
Intangible Assets Net Excluding Goodwill (Q) — — —
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Intangible Assets Net Excluding Goodwill 17,624 — —
Current Liabilities
Accounts Payable (Q) — — —
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Accounts Payable 93,822 36,805 +154.9%
Employee Related Liabilities Current (Q) — — —
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Employee Related Liabilities Current 14,419 9,236 +56.1%
Other Liabilities Current (Q) — — —
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Other Liabilities Current 56,951 — —
Total Current Liabilities (Q) — — —
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Total Current Liabilities 165,192 80,733 +104.6%
Non-Current Liabilities
Operating Lease Liabilities (Q) — — —
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Operating Lease Liabilities 12,616 12,956 -2.6%
Other Non-Current Liabilities (Q) — — —
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Other Non-Current Liabilities 10,645 — —
Total Liabilities (Q) — — —
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Total Liabilities 188,453 101,690 +85.3%
Stockholders' Equity
Common Stock (Q) — — —
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Common Stock 9 8 +12.5%
Additional Paid-In Capital (Q) — — —
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Additional Paid-In Capital 1,626,787 738,371 +120.3%
Accumulated Other Comprehensive Income (Q) — — —
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Accumulated Other Comprehensive Income 2,075 -403 +614.9%
Retained Earnings (Q) — — —
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Retained Earnings 220,015 -119,750 +283.7%
Total Stockholders' Equity (Q) — — —
Show Equity Components breakouts
Accumulated Other Comprehensive Income 2,075 -403 +614.9%
Additional Paid In Capital 1,626,787 738,371 +120.3%
Common Stock 9 8 +12.5%
Retained Earnings 220,015 -119,750 +283.7%
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Total Stockholders' Equity 1,848,886 618,226 +199.1%
Total Liabilities & Equity (Q) — — —
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Total Liabilities & Equity 2,037,339 719,916 +183.0%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q3 2026 YTD Q3 2025 YoY
Operating Activities
Depreciation & Amortization (YTD) — — —
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Depreciation & Amortization 18,783 14,281 +31.5%
Stock-Based Compensation (YTD) — — —
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Stock-Based Compensation 132,939 49,493 +168.6%
Inventory Write Down (YTD) — — —
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Inventory Write Down 11,831 4,353 +171.8%
Change in Accounts Receivable (YTD) — — —
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Change in Accounts Receivable -81,069 -97,471 +16.8%
Change in Inventory (YTD) — — —
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Change in Inventory -127,879 -31,677 -303.7%
Increase Decrease In Other Current Assets (YTD) — — —
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Increase Decrease In Other Current Assets -3,687 5,115 -172.1%
Increase Decrease In Other Noncurrent Assets (YTD) — — —
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Increase Decrease In Other Noncurrent Assets -20,830 1,628 -1379.5%
Change in Accounts Payable (YTD) — — —
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Change in Accounts Payable 36,303 22,343 +62.5%
Increase Decrease In Accrued Compensation Benefits And Other Liabilities (YTD) — — —
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Increase Decrease In Accrued Compensation Benefits And Other Liabilities 12,482 10,415 +19.8%
Net Cash from Operations (YTD) — — —
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Net Cash from Operations 282,050 7,261 +3784.5%
Investing Activities
Capital Expenditures (YTD) — — —
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Capital Expenditures -52,523 -32,406 -62.1%
Proceeds From Sale Maturity And Collection Of Shortterm Investments (YTD) — — —
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Proceeds From Sale Maturity And Collection Of Shortterm Investments 229,010 376,777 -39.2%
Payments To Acquire Short Term Investments (YTD) — — —
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Payments To Acquire Short Term Investments -115,000 -113,716 -1.1%
Payments To Acquire Businesses Net Of Cash Acquired (YTD) — — —
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Payments To Acquire Businesses Net Of Cash Acquired -82,564 — —
Net Cash from Investing (YTD) — — —
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Net Cash from Investing -21,077 230,655 -109.1%
Financing Activities
Payments For Recorded Unconditional Purchase Obligation (YTD) — — —
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Payments For Recorded Unconditional Purchase Obligation -5,718 -5,394 -6.0%
Proceeds From Issuance Of Common Stock (YTD) — — —
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Proceeds From Issuance Of Common Stock 736,327 — —
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options (YTD) — — —
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Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options 6,599 6,797 -2.9%
Tax Withholding for Share Compensation (YTD) — — —
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Tax Withholding for Share Compensation -14,250 -7,159 -99.1%
Net Cash from Financing (YTD) — — —
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Net Cash from Financing 722,958 -5,756 +12660.1%
Supplemental
Unpaid Capital Expenditures (YTD) — — —
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Unpaid Capital Expenditures 7,029 8,841 -20.5%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents (YTD) — — —
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Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 205 106 +93.4%
Net Change in Cash (YTD) — — —
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Net Change in Cash 984,136 232,266 +323.7%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents (Q) — — —
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 1,220,464 299,208 +307.9%

Values in thousands USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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