NASDAQ$CRDO

Credo Technology Group Holding Ltd · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Credo Technology reported Q4 2025 revenue of $170.0M with GAAP net income of $36.6M and diluted EPS of $0.20.

Revenue reached $170.0 million as high-performance connectivity solutions saw strong hyperscaler demand. GAAP net income was $36.6 million ($0.20 per diluted share); non-GAAP EPS was $0.35. Fiscal 2025 revenue grew 126% to $436.8 million.

  • Q4 revenue $170.0M.
  • GAAP net income $36.6M; diluted EPS $0.20.
  • AI networking demand supports design-win pipeline.
  • Customer concentration and supply chain remain risks.

Headline financials

Total Revenue

$170M

Previous: $60.8M+179.7%
EPS (adj)

$0.35

Previous: $0.07+400.0%
GAAP Gross Margin

67.2%

Previous: 65.8%+2.1%
Non-GAAP Gross Margin

67.4%

Previous: 66.1%+2.0%
Net Income

$36.6M

Previous: -$10.5M+449.2%
Operating Income

$33.8M

Previous: -$7.88M+528.7%
Gross Profit

$114M

Previous: $40M+185.7%

Revenue & EPS history

Credo · Revenue · Quarterly

$170M

Q4 2025+179.7%vs Q4 2024
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

Technology infrastructure suppliers highlight AI/cloud demand, backlog, and margin mix.

Tailwinds

  • AI networking and storage upgrade cycles.
  • Design wins and backlog conversion.

Headwinds

  • Customer concentration and component costs.
  • One-time impairments or transformation charges.

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

Historical avgQ4 2025

+4.1%

Avg return

Earnings day

+1.4%

Avg return

5 days after

+0.1%

Avg return

30 days after

45%

10 / 22 earnings

Positive

+44.4%

Q2 2025

Best reaction

-15.7%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+11.1%+1.3%
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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