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Credo Technology Group Holding Ltd (CRDO)
NASDAQ:CRDO
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 27, 2025TBA Not Confirmed
Period Ending
2026 (Q1)Consensus EPS Forecast
0.35Last Year’s EPS
0.04Same Quarter Last Year
Strong Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Jun 02, 2025
|% Change Since: 26.37%
|Next Earnings Date:Aug 27, 2025
Earnings Call Sentiment|Positive
Credo's earnings call highlighted significant revenue growth, strong gross margins, and successful customer diversification. Despite these positive results, concerns about tariffs and increased inventory levels were noted. Overall, the positive aspects notably outweigh the challenges.Company Guidance
During the earnings call for the fourth quarter of fiscal 2025, Credo reported remarkable financial performance and provided guidance for the upcoming fiscal year. In Q4, the company achieved revenue of $170 million, marking a 26% sequential increase and a 180% rise year-over-year, with a non-GAAP gross margin of 67.4%. For the full fiscal year 2025, revenue reached $437 million, a 126% increase from the previous year, with a non-GAAP gross margin of 65%. Looking ahead to Q1 of fiscal 2026, Credo expects revenue between $185 million and $195 million and a non-GAAP gross margin of 64% to 66%. The company anticipates fiscal 2026 revenue to exceed $800 million, reflecting growth above 85% year-over-year, driven by diversification and expansion into new hyperscaler customers. Credo's strategic focus on innovative high-speed connectivity solutions and customer diversification positions the company for sustained growth, with a long-term outlook including significant contributions from its optical and advanced connectivity solutions.Record-Breaking Revenue and Growth
Credo achieved revenue of $437 million for fiscal '25, marking a growth of 126% year-over-year. Q4 revenue was $170 million, up 180% year-over-year and 26% sequentially.
Strong Non-GAAP Gross Margin
Fiscal '25 non-GAAP gross margin was 65%, with Q4 non-GAAP gross margin at 67.4%, up 355 basis points sequentially.
Significant Customer Diversification
Three hyperscalers each contributed over 10% of Q4 revenue, with plans to ramp two more in the second half of fiscal '26.
Optical and Retimer Business Growth
Optical DSP revenue targets were achieved, with a significant 800 gig transceiver win. Retimer business showed robust results, driven by 50 gig and 100 gig per lane Ethernet solutions.
Strong Operating Margin and Cash Flow
Fiscal '25 operating margin improved by 2,500 basis points. Q4 non-GAAP operating income was $62.5 million, and cash flow from operations was $57.8 million.
Credo Technology Group Holding Ltd (CRDO) Earnings, Revenues Date & History
CRDO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CRDO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 02, 2025 | $62.65 | $71.92 | +14.80% |
Mar 04, 2025 | $54.32 | $46.73 | -13.97% |
Dec 02, 2024 | $47.80 | $70.69 | +47.89% |
Sep 04, 2024 | $31.30 | $26.65 | -14.86% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Credo Technology Group Holding Ltd (CRDO) report earnings?
Credo Technology Group Holding Ltd (CRDO) is schdueled to report earning on Aug 27, 2025, TBA Not Confirmed.
What is Credo Technology Group Holding Ltd (CRDO) earnings time?
Credo Technology Group Holding Ltd (CRDO) earnings time is at Aug 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CRDO EPS forecast?
CRDO EPS forecast for the fiscal quarter 2026 (Q1) is 0.35.