Filing Flows › Credo Technology Group Holding (CRDO) › How it makes money
How Credo Technology Group Holding (CRDO) makes money
Credo Technology Group Holding (CRDO) made $479M of revenue in the first quarter fiscal 2027 (Q1 FY27), +115% from a year earlier. Of every dollar of revenue, 65¢ was left as gross profit, 25¢ was left as operating profit, 27¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q1 FY27 | % of revenue |
|---|---|---|
| Revenue | $479M | 100.0% |
| Cost of revenue | $170M | 35.5% |
| Gross profit | $309M | 64.5% |
| Operating expenses | $188M | 39.3% |
| Operating profit | $121M | 25.2% |
| Net earnings | $129M | 27.0% |
| Operating cash flow | $90.2M | 18.8% |
| Free cash flow | $82.9M | 17.3% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q1 FY27 | $479M | +115% |
| Q4 FY26 | $437M | +157% |
| Q3 FY26 | $407M | +202% |
| Q2 FY26 | $268M | +272% |
| Q1 FY26 | $223M | +274% |
| Q4 FY25 | $170M | +180% |
| Q3 FY25 | $135M | +154% |
From Credo Technology Group Holding's 10-Q filed Sep 2, 2026 (on EDGAR).
Questions
How does Credo Technology Group Holding make money?
Credo Technology Group Holding (CRDO) made $479M of revenue in the first quarter fiscal 2027 (Q1 FY27), +115% from a year earlier. Of every dollar of revenue, 65¢ was left as gross profit, 25¢ was left as operating profit, 27¢ was left as net earnings.
What is Credo Technology Group Holding's profit margin?
Net earnings were $129M, 27.0% of revenue, in the first quarter fiscal 2027; the operating margin was 25.2%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.