NASDAQ$CRDO
Credo Technology Group Holding Ltd · Q4 2025 earnings
Q4 2025 earnings · · After market close · Investor relations
Briefing
Credo reported strong fourth quarter results with substantial year-over-year revenue growth and solid profitability.
Credo delivered a robust Q4 FY2025, with revenue climbing to $170 million and net income turning positive at $36.6 million, reflecting surging demand for AI-powered connectivity solutions.
Headline financials
Revenue & EPS history
Credo · Revenue · Quarterly
$170M
Forward guidance
Credo expects continued momentum in Q1 FY2026 with revenue projected between $185M and $195M, although margins may slightly compress.
Tailwinds
- Q1 FY2026 revenue expected to grow to $185M–$195M
- Non-GAAP gross margin forecasted at 64.0%–66.0%
- Non-GAAP operating expenses to remain stable at $54M–$56M
- Ongoing demand from hyperscaler customers for AI services
- Strong cash balance of $431.3M to support operations
Headwinds
- GAAP gross margin expected to decline to 63.4%–65.4%
- GAAP operating expenses to increase to $88.3M–$90.3M
- Possible margin pressure from increased R&D investment
- Reduced IP license revenue compared to prior year
- Ongoing high share-based compensation affecting GAAP metrics
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 17 quarterly earnings reports · overlaid with Q4 2025
+3.8%
Avg return
Earnings day
+1.5%
Avg return
5 days after
+0.1%
Avg return
30 days after
43%
9 / 21 earnings
Positive
+44.4%
Q2 2025
Best reaction
-15.7%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | -2.4% | -3.8% | -11.2% | |
| Q2 2026 | +8.7% | +2.9% | -15.9% | |
| Q1 2026 | +7.3% | +19.4% | +15.3% | |
| Q4 2025 | +14.7% | +16.5% | +49.4% | |
| Q3 2025 | -14.0% | -27.4% | -38.7% | |
| Q2 2025 | +44.4% | +51.6% | +37.3% | |
| Q1 2025 | -15.7% | -23.3% | +3.0% | |
| Q4 2024 | +23.9% | +21.5% | +54.1% | |
| Q3 2024 | -0.6% | +0.7% | -5.0% | |
| Q2 2024 | -3.3% | +3.6% | +5.1% | |
| Q1 2024 | -2.6% | -1.5% | -7.5% | |
| Q4 2023 | +20.9% | +16.8% | +26.8% | |
| Q3 2023 | -3.3% | -4.3% | -11.2% | |
| Q2 2023 | +4.4% | +6.9% | -4.2% | |
| Q1 2023 | -8.5% | -9.0% | -22.4% | |
| Q2 2022 | -7.2% | -12.4% | -12.8% | |
| Q4 2022 | +26.5% | +24.5% | +10.4% | |
| Q3 2021 | -5.7% | -13.0% | -18.2% | |
| Q1 2022 | -5.7% | -13.0% | -18.2% | |
| Q4 2021 | -5.7% | -13.0% | -18.2% | |
| Q3 2022 | +2.7% | -13.1% | -14.6% | |
| Q2 2021 | — | — | — | |
| Q1 2021 | — | — | — |
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