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What changed in Credo Technology Group Holding Ltd's latest annual report

In the year ended 2 May 2026, Credo Technology Group Holding Ltd's revenue rose 205.7% to USD 1.34bn, from USD 436.77m; net income rose 805% to USD 472.28m, from USD 52.18m; cash and cash equivalents rose 392.9% to USD 1.16bn, from USD 236.33m.

Year ended 2 May 2026. Source: 10-K filed 15 Jun 2026, read it on SEC EDGAR.

USD 436.77m to USD 1.34bn

Revenue, up 205.7% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue436.77m1.34bnUp 205.7%
Net income52.18m472.28mUp 805%
Total assets809.26m2.30bnUp 183.7%
Total liabilities127.67m232.01mUp 81.7%
Cash and cash equivalents236.33m1.16bnUp 392.9%
Shareholders' equity681.58m2.06bnUp 202.8%

Questions people ask

Did Credo Technology Group Holding Ltd's revenue grow last year?

Revenue grew 205.7%, from USD 436.77m to USD 1.34bn in the year ended 2 May 2026.

Is Credo Technology Group Holding Ltd profitable?

Yes. Net income was USD 472.28m in the year ended 2 May 2026. The year before: USD 52.18m.

How much cash and debt does Credo Technology Group Holding Ltd have?

At its latest year end (2 May 2026), Credo Technology Group Holding Ltd reported cash and cash equivalents of USD 1.16bn.

Where do these numbers come from?

From Credo Technology Group Holding Ltd's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Credo Technology Group Holding Ltd (CRDO) 10-K: what changed year on year | LYNORIQ Insights