Earnings summaries and quarterly performance for Credo Technology Group Holding.
Executive leadership at Credo Technology Group Holding.
Board of directors at Credo Technology Group Holding.
Research analysts who have asked questions during Credo Technology Group Holding earnings calls.
Karl Ackerman
BNP Paribas
5 questions for CRDO
Also covers: ANET, AVGO, CIEN +15 more
QB
Quinn Bolton
Needham & Company, LLC
5 questions for CRDO
Also covers: ALAB, ALGM, AMBA +22 more
TO
Thomas O’Malley
Barclays Capital
5 questions for CRDO
Also covers: ALAB, ALGM, AMD +21 more
Tore Svanberg
Stifel Financial Corp.
4 questions for CRDO
Also covers: ADI, ALAB, AMBA +14 more
VA
Vivek Arya
Bank of America Corporation
4 questions for CRDO
Also covers: ADI, ALGM, AMAT +23 more
RS
Richard Shannon
Craig-Hallum Capital Group LLC
3 questions for CRDO
Also covers: AEVA, ALAB, AMBA +21 more
SD
Sujeeva De Silva
Roth MKM
3 questions for CRDO
Also covers: ACMR, AEVA, ALAB +16 more
Vijay Rakesh
Mizuho
3 questions for CRDO
Also covers: ALGM, ALV, AMAT +16 more
Christopher Rolland
Susquehanna Financial Group
2 questions for CRDO
Also covers: ADI, AMBA, AVGO +18 more
JB
Joshua Buchalter
TD Cowen
2 questions for CRDO
Also covers: ADI, AIP, ALGM +15 more
SO
Sean O'Loughlin
TD Cowen
2 questions for CRDO
Also covers: AMBA, MTSI, SMTC
SD
Suji Desilva
ROTH MKM
2 questions for CRDO
Also covers: ACMR, AEVA, AKTS +18 more
TH
Toshiya Hari
Goldman Sachs Group, Inc.
2 questions for CRDO
Also covers: AMAT, AMD, AMKR +17 more
CR
Christopher Roland
Susquehanna
1 question for CRDO
JR
Jay Rakesh
Stifel
1 question for CRDO
JC
Joseph Cardoso
JPMorgan Chase & Co.
1 question for CRDO
Also covers: AXON, CALX, CIEN +9 more
MR
Matt Ramsey
TD Cowen
1 question for CRDO
SN
Sebastian Nagy
William Blair
1 question for CRDO
Recent press releases and 8-K filings for CRDO.
Credo Technology Unveils New Connectivity Products and Outlines Revenue Timelines
CRDO
Product Launch
New Projects/Investments
M&A
- Credo Technology introduced three new product categories: Active LED Cables (ALCs), ZeroFlap Optical Transceivers (ZF Optics), and OmniConnect/Weaver chiplets, designed to address evolving data center interconnect demands.
- ZeroFlap Optical Transceivers are expected to generate material revenue in fiscal 2027 and are projected to achieve 63%-65% gross margins long term.
- Active LED Cables (ALCs) and the OmniConnect/Weaver chiplet solution are both anticipated to see first volumes/revenue in fiscal 2028, with ALCs expanding the market opportunity and OmniConnect offering over $1,000 of content per system.
- The company recently completed a $750 million financing, enhancing its strategic flexibility for potential future tuck-in M&A.
4 days ago
Credo Technology Discusses New Products, Market Outlook, and Financial Strategy at Needham Conference
CRDO
Product Launch
New Projects/Investments
M&A
- Credo Technology was named Needham & Company's top pick for 2026, with a mission to redefine high-speed connectivity for AI, cloud, computing, and hyperscale networks.
- The company introduced three new product categories: active micro-LED cables (ALCs), zero-flap optical transceivers (ZF Optics), and OmniConnect/Weaver chiplets.
- These new products are expected to achieve 63%-65% gross margins long-term. ZF Optics are projected to generate material revenue in fiscal 2027, while ALCs and Weaver chiplets are expected to see first volumes/revenue in fiscal 2028.
- Credo recently completed a $750 million financing to maintain strategic flexibility and support potential tuck-in acquisitions.
- The market for active electrical cables (AECs) is considered to be in its early innings, with significant growth opportunities, and Credo is well-positioned for the 800 gig transition.
4 days ago
Credo Technology Discusses New Products and Strategic Outlook at Needham Conference
CRDO
Product Launch
New Projects/Investments
Debt Issuance
- Credo Technology (CRDO) outlined its mission to redefine high-speed connectivity for AI, cloud, computing, and hyperscale networks, with reliability serving as a key driver for product development.
- The company introduced three new product categories: active micro-LED cables (ALCs), Weaver Interconnect (chiplets), and Zero-Flap optical transceivers, all targeting 63%-65% gross margins long term.
- Zero-Flap optical transceivers are expected to generate material revenue in fiscal 2027, while ALCs and Weaver chiplets are projected to see first volumes or revenue in fiscal 2028.
- The Weaver chiplet for memory fan-out gearbox applications has a content opportunity of over $1,000 per system for its first partner, enabling two terabytes of memory for inference engines.
- Credo recently closed $750 million in financing, which provides strategic flexibility for potential tuck-in M&A opportunities.
4 days ago
Credo Discusses AI Infrastructure Growth and Product Diversification at Barclays Conference
CRDO
Product Launch
Revenue Acceleration/Inflection
New Projects/Investments
- Credo's management views the current AI investment cycle as a "decade-plus mega trend" that will reshape the world.
- The company is focused on reliability in AI clusters, offering solutions like Active Electrical Cables (AECs) and Zero Flap Optics to ensure stable connections, even for long-distance laser-based links.
- Credo is diversifying its product portfolio with Active Optical Cables (ALCs), PCIe retimers and AECs, and the OmniConnect family (Weaver), which aims to overcome the memory wall for AI inference and could generate $1,000 or higher per GPU.
- All new product pillars are expected to maintain gross margins within the company's long-term model of 63%-65%.
Dec 10, 2025, 10:30 PM
Credo Discusses Early AI Investment Cycle, New Products, and Gross Margin Outlook
CRDO
Product Launch
Guidance Update
New Projects/Investments
- Credo's management believes the AI investment cycle is in its early innings, representing a decade-plus mega trend, with a strategic focus on reliability for AI infrastructure, particularly the critical GPU-to-switch link.
- The company differentiates its Active Electrical Cables (AECs) through a system-level approach, taking complete ownership from design to supply chain, and aims to be first to deliver, qualify, and ramp products.
- Credo is expanding its product offerings with ZeroFlap Optics, a system-level solution developed with Oracle to provide real-time telemetry for laser-based optics to prevent link failures , and PCIe Gen 6 retimers and AECs, which claim the longest reach and lowest latency.
- A new product family, OmniConnect, introduces "gearboxes" like "Weaver" to address the memory wall in AI inference, potentially adding $1,000 or higher per GPU in content value by enabling larger memory capacities further from the GPU.
- Credo's CFO anticipates that all new product verticals will contribute to the company's long-term gross margin model of 63%-65%.
Dec 10, 2025, 10:30 PM
Credo Discusses AI Investment Cycle, Product Innovation, and Gross Margin Outlook
CRDO
New Projects/Investments
Guidance Update
Revenue Acceleration/Inflection
- Credo views the current AI investment cycle as a "decade-plus mega trend" and is prioritizing reliability in its products, particularly for critical GPU-to-switch links in AI clusters, exemplified by their work with xAI on "zero-flap cluster" copper cables.
- The company maintains a strong competitive stance in Active Electrical Cables (AECs) by owning the entire system, from design to supply chain, enabling rapid response to customer demand and product qualification.
- Credo is developing Active Optical Cables (ALCs) as a superior alternative to Co-packaged Optics (CPO), projecting ALCs will offer one-third the power of CPO, reliability comparable to copper, and half the power of laser-based optics for future high-density routing.
- New product initiatives include Zero Flap Optics (ZFO), a system-level solution developed with Oracle to provide real-time link health telemetry for laser-based optics , and OmniConnect (Weaver), a gearbox designed to overcome the memory wall for AI inference by enabling terabytes of memory capacity further from the GPU.
- All new growth areas, including AECs, ALCs, ZFO, PCIe, and OmniConnect, are anticipated to contribute to Credo's long-term gross margin model of 63%-65%.
Dec 10, 2025, 10:30 PM
Credo (CRDO) Reports Record Q2 2026 Results and Introduces New Growth Pillars
CRDO
Earnings
Guidance Update
Product Launch
- Credo (CRDO) reported record revenue of $268 million in Q2 fiscal 2026, representing 20% sequential growth and an extraordinary 272% increase year-over-year, alongside a non-GAAP gross margin of 67.7% and non-GAAP net income of approximately $128 million.
- For Q3 fiscal 2026, the company guided revenue between $335 million and $345 million, a 27% sequential increase at the midpoint, and anticipates over 170% year-over-year revenue growth for the full fiscal year 2026, with non-GAAP net income more than quadrupling.
- CRDO introduced three new growth pillars: Zero-flap Optics, Active LED Cables (ALCs), and OmniConnect gearboxes (Weaver), which are projected to expand its total addressable market to over $10 billion.
- The AEC product line continued its strong growth, with four hyperscalers each contributing over 10% of total revenue in Q2, and a fifth hyperscaler beginning to contribute initial revenue.
Dec 1, 2025, 10:00 PM
Credo Reports Record Q2 2026 Results and Unveils New Growth Pillars
CRDO
Earnings
Guidance Update
Product Launch
- Credo delivered record Q2 Fiscal 2026 revenue of $268 million, representing 20% sequential growth and an extraordinary 272% increase year over year, with a non-GAAP gross margin of 67.7% and non-GAAP net income of $127.8 million.
- The company's AEC product line continued its strong growth, with four hyperscalers each contributing over 10% of total revenue in Q2, and a fifth beginning to contribute initial revenue.
- Credo introduced three new growth pillars: Zero-flap Optics, Active LED Cables (ALCs), and OmniConnect gearboxes (Weaver), which are expected to expand the total addressable market to over $10 billion in the coming years.
- For Q3 Fiscal 2026, Credo projects revenue between $335 million and $345 million and a non-GAAP gross margin of 64%-66%.
Dec 1, 2025, 10:00 PM
CRDO Reports Record Q2 2026 Revenue and Announces New Growth Pillars
CRDO
Earnings
Guidance Update
Product Launch
- Credo (CRDO) reported record Q2 2026 revenue of $268 million, representing 20% sequential growth and an extraordinary 272% year-over-year increase, with a non-GAAP gross margin of 67.7% and non-GAAP net income of $127.8 million.
- The company provided Q3 2026 revenue guidance of $335 million to $345 million, indicating 27% sequential growth at the midpoint, and anticipates over 170% year-over-year revenue growth for fiscal year 2026.
- CRDO announced three new growth pillars: ZeroFlapOpX (laser-based optical connectivity), Active LED Cables (ALCs) utilizing microLEDs, and OmniConnect gearboxes (Weaver) for memory to compute connectivity.
- These new pillars, combined with existing AEC and IC businesses, are expected to expand the total addressable market to over $10 billion in the coming years.
- In Q2 2026, four hyperscalers each contributed more than 10% of total revenue, with the largest customer accounting for 42%.
Dec 1, 2025, 10:00 PM
Credo Technology Group Holding Ltd Reports Strong Q2 FY2026 Financial Results and Provides Q3 FY2026 Outlook
CRDO
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Credo Technology Group Holding Ltd reported revenue of $268.0 million for the second quarter of fiscal year 2026, representing a 20.2% quarter-over-quarter increase and a 272.1% year-over-year increase.
- For Q2 FY2026, the company achieved GAAP net income of $82.6 million and non-GAAP net income of $127.8 million.
- GAAP diluted net income per share was $0.44, and non-GAAP diluted net income per share was $0.67.
- Credo ended the quarter with a cash and short-term investment balance of $813.6 million.
- For the third quarter of fiscal year 2026, the company expects revenue to be between $335.0 million and $345.0 million.
Dec 1, 2025, 9:07 PM
Quarterly earnings call transcripts for Credo Technology Group Holding.
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