Quick answer: latest quarter results, by ticker or company name

Reported Q: Q2 2025 Rev YoY: +35.8% EPS YoY: -1,040.7% Move: -1.24%

Credo Technology Group

CRDO

$95.24 -1.24%

Exchange NASDAQ Sector Technology Industry Communication Equipment

Q2 2025

Published: Dec 3, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for CRDO

Reported

Report Date

Dec 3, 2024

Quarter Q2 2025

Revenue

72.03M

YoY: +35.8%

EPS

-0.03

YoY: -1,040.7%

Market Move

-1.24%

Previous quarter: Q1 2025

Follow this company to get upcoming quarter alerts automatically.

Earnings Highlights

Revenue of $72.03M up 35.8% year-over-year
EPS of $-0.03 decreased by 1% from previous year
Gross margin of 63.2%
Net income of -4.23M
""We are seeing the anticipated revenue inflection point in the second half of fiscal '25... with demand fueled by AI deployments and deepening customer relationships," - Bill Brennan, CEO." - Bill Brennan

CRDO

Credo Technology Group Holding Ltd

Period Q2 2025

Currency USD

Report Type Quarterly Earnings

Generated Mar 29, 2026

Swipe to view all report sections

Executive Summary

In the second quarter of fiscal 2025, Credo Technology Group Holding Ltd (NASDAQ: CRDO) achieved a remarkable revenue of $72 million, representing a 64% year-over-year increase and a 21% sequential growth. This success was largely attributed to the strong demand for the company's innovative Ethernet connectivity solutions, particularly active electrical cables (AECs). Management highlighted an inflection point in revenues driven by increased shipments and improving customer relationships, particularly within the AI and hyperscaler markets. The companyâ€™s commitment to maintaining high gross margins and improving efficiency in operations has positioned it favorably for sustained growth.

Key Performance Indicators

Revenue

Increasing

72.03M

QoQ: 20.63% | YoY: 35.76%

Gross Profit

Increasing

45.51M

63.18% margin

QoQ: 22.07% | YoY: 56.09%

Operating Income

Decreasing

-8.41M

QoQ: 41.82% | YoY: -42.23%

Net Income

Decreasing

-4.23M

QoQ: 55.71% | YoY: -1 087.15%

EPS

Decreasing

-0.03

QoQ: 56.06% | YoY: -1 040.74%

Revenue Trend

Margin Analysis

Financial Highlights

1. Revenue: Reported at $72 million with a YoY growth of 64% and a sequential increase of 21%.
2. Gross Profit: $45.5 million, with a gross margin of 63.6%, an improvement from previous quarters.
3. Operating Income: Operating losses of $8.4 million; indicating challenges in controlling operational costs despite revenue growth.
4. Net Income: Reported net loss of $4.2 million, with an EPS of -$0.0254.
5. Current Ratio: An impressive 10.84, indicating strong liquidity.
6. Cash Flow: Operating cash flow of $10.3 million, free cash flow of -$11.7 million, reflecting heavy reinvestment into growth initiatives.
7. Cash Position: Strong cash reserves of $383 million, down slightly from last quarter, but still robust for future investments.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	72.03M	35.76%	20.63%
Gross Profit	45.51M	56.09%	22.07%
Operating Income	-8.41M	-42.23%	41.82%
Net Income	-4.23M	-1 087.15%	55.71%
EPS	-0.03	-1 040.74%	56.06%

Key Financial Ratios

Gross Profit Margin

Excellent

63.20%

Gross profit margin is exceptional, indicating strong pricing power and operational efficiency

Operating Profit Margin

Weak

-0.12%

Operating margin is below industry norms, profitability concerns

Net Profit Margin

Weak

-0.06%

Net profit margin is below industry norms, profitability concerns

Return on Assets

Weak

-0.01%

Return on assets suggests inefficient capital allocation

Return on Equity

Weak

-0.01%

Return on equity suggests inefficient capital allocation

Current Ratio

Strong

10.84

Current ratio indicates excellent liquidity and financial flexibility

Debt to Equity

Conservative

0.02

Debt-to-equity shows conservative leverage and low financial risk

P/E Ratio

Negative

-398.29x

Negative earnings make P/E ratio not meaningful

Price to Book

High Premium

11.85x

Very high premium suggests asset-light business model or lofty expectations

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q2 2026	268.03	0.45	+348.9%	View
Q1 2026	223.07	0.34	+267.0%	View
Q3 2025	135.00	0.16	+122.1%	View
Q2 2025	72.03	-0.03	+35.8%	View
Q1 2025	59.71	-0.06	+35.6%	View

CRDO

Credo Technology Group

Q2 2026 Report

Credo Technology Group Holding Ltd (CRDO) QQ2 2026 Earnings Analysis: Record Revenue, Expanding TAM with Zero Flap Optics, ALCs and OmniConnect; Stron...

Read full report

CRDO

Credo Technology Group

Q1 2026 Report

Credo Technology Group Holding Ltd (CRDO) QQ1 2026 Results: Record Revenue Driven by AI Infrastructure Connectivity with Strong Gross Margin and Hyper...

Read full report

CRDO

Credo Technology Group

Q3 2025 Report

Credo Technology Group Holding Ltd (CRDO) Q3 2025 Financial Results: Exceptional Growth Driven by AI and Connectivity Demand...

Read full report

CRDO

Credo Technology Group

Q1 2025 Report

Credo Technology Group Holding Ltd (CRDO) QQ1 2025 Results - Navigating AI Demand with Record Revenues...

Read full report

Credo Technology Group (CRDO) Q2 2025 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Historical Earnings Comparison

More CRDO Quarterly Reports

CRDO

CRDO

CRDO

CRDO

Q2 2025 Reports in Technology Sector

ALGM

CIEN

Related Financial Data

Sector Analysis: Technology

CRDO Full Profile

CRDO Financial Statements

Earnings Calendar