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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q4 FY262026-08-01 | Q3 FY262026-01-31 | Q2 FY262025-11-01 | Q4 FY252025-08-02 | Q4 FY252025-05-03 | Q3 FY252025-02-01 | Q2 FY252024-11-02 | Q1 FY252024-08-03 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $479.00M | $407.01M | $268.03M | $223.07M | $170.03M | $135.00M | $72.03M | $59.71M |
| Cost of revenue | $169.92M | $128.14M | $86.98M | $72.71M | $55.84M | $49.08M | $26.52M | $22.43M |
| Gross profit | $309.08M | $278.87M | $181.05M | $150.37M | $114.19M | $85.93M | $45.51M | $37.28M |
| Gross margin | 64.5% | 68.5% | 67.5% | 67.4% | 67.2% | 63.6% | 63.2% | 62.4% |
| Research and development | $114.52M | $78.48M | $57.92M | $52.45M | $47.58M | $36.26M | $31.74M | $30.41M |
| Selling, general and administrative | $73.86M | $50.76M | $44.33M | $37.18M | $31.95M | $23.47M | $22.18M | $21.33M |
| Operating expenses | $188.38M | $129.25M | $102.25M | $89.63M | $80.40M | $59.73M | $53.92M | $51.73M |
| Operating income | $120.70M | $149.62M | $78.80M | $60.74M | $33.79M | $26.19M | −$8.41M | −$14.45M |
| Operating margin | 25.2% | 36.8% | 29.4% | 27.2% | 19.9% | 19.4% | -11.7% | -24.2% |
| EBITDA | $140.91M | $156.38M | $85.36M | $66.20M | $42.32M | $31.26M | −$3.42M | −$10.22M |
| Income before taxes | $128.84M | $159.08M | $83.69M | $64.69M | $37.61M | $30.11M | −$3.93M | −$8.92M |
| Income taxes | −$585.00K | $1.94M | $1.05M | $1.29M | $1.02M | $752.00K | $292.00K | $622.00K |
| Net income | $129.43M | $157.14M | $82.64M | $63.40M | $36.59M | $29.36M | −$4.23M | −$9.54M |
| Net margin | 27.0% | 38.6% | 30.8% | 28.4% | 21.5% | 21.7% | -5.9% | -16.0% |
| EPS, basic | $0.70 | $0.86 | $0.47 | $0.37 | $0.22 | $0.17 | −$0.03 | −$0.06 |
| EPS, diluted | $0.67 | $0.82 | $0.44 | $0.34 | $0.20 | $0.16 | −$0.03 | −$0.06 |
| Diluted shares | 194.38M | 192.02M | 187.66M | 184.58M | 181.16M | 182.46M | 166.49M | 165.14M |
Figures describe Credo Technology shares, not any token. As of Sep 2, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.