Credo Technology Group Holding Ltd. ( (CRDO) ) has released its Q4 earnings. Here is a breakdown of the information Credo Technology Group Holding Ltd. presented to its investors.
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Credo Technology Group Holding Ltd, a leader in high-speed connectivity solutions, specializes in providing secure and energy-efficient technologies for the data infrastructure market, focusing on AI, cloud computing, and hyperscale networks.
In its latest earnings report, Credo announced a significant financial performance for the fourth quarter and fiscal year 2025, showcasing remarkable growth in revenue and profitability. The company reported a 25.9% quarter-over-quarter and 179.7% year-over-year increase in revenue, reaching $170 million for the quarter.
Key financial highlights include a GAAP gross margin of 67.2% and a non-GAAP gross margin of 67.4%, with GAAP net income at $36.6 million and non-GAAP net income at $65.3 million. The company ended the fiscal year with a strong cash and short-term investment balance of $431.3 million. Credo’s revenue for the entire fiscal year 2025 rose by 126% to $436.8 million, driven by high demand for its innovative connectivity solutions.
Looking ahead, Credo anticipates continued growth in the first quarter of fiscal year 2026, with expected revenue between $185 million and $195 million. The company remains optimistic about the persistent demand for its solutions, particularly from hyperscaler customers powering advanced AI services.
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