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Credo Technology Group Holding Ltd (CRDO)
NASDAQ:CRDO
Earnings Data
Report Date
Mar 11, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
0.75Last Year’s EPS
0.25Same Quarter Last Year
Strong Buy
Based on 12 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call highlighted record-breaking financial performance, strong growth in key product segments, and strategic expansions into new market opportunities, indicating a positive business outlook. However, potential supply chain constraints and a significant planned increase in operating expenses present challenges that need to be managed effectively.Company Guidance
Record Revenue and Growth
Credo reported record revenue of $268 million, representing a 20% sequential growth from Q1 and an extraordinary 272% increase year-over-year. Non-GAAP gross margin was 67.7%, and non-GAAP net income was $128 million, marking the strongest results in Credo's history.
Strong Performance in AEC and IC Segments
The Active Electrical Cables (AEC) product line remains the fastest-growing segment, with multiple hyperscalers contributing significantly to revenue. The IC business, including retimers and optical DSPs, also showed strong performance, with significant growth expected in the fiscal year.
New Growth Pillars Announced
Credo announced three new growth pillars: Zero Flap optics, Active LED Cables (ALCs), and OmniConnect gearboxes, each representing multibillion-dollar market opportunities that significantly expand the company's total addressable market.
Positive Customer Engagement
Credo's customer base continues to expand, with a fifth hyperscaler contributing initial revenue. The company maintains strong strategic partnerships and customer forecasts have strengthened across the board.
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 |
|---|---|---|---|
Dec 01, 2025 | $171.13 | $188.44 | +10.12% |
Sep 03, 2025 | $124.77 | $134.00 | +7.40% |
Jun 02, 2025 | $62.65 | $71.92 | +14.80% |
Mar 04, 2025 | $54.32 | $46.73 | -13.97% |
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 Mar 11, 2026, After Close (Confirmed).
What is Credo Technology Group Holding Ltd (CRDO) earnings time?
Credo Technology Group Holding Ltd (CRDO) earnings time is at Mar 11, 2026, After Close (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 (Q3) is 0.75.