Credo Technology Group Reports Record Q4 and Fiscal Year 2025 Results

Watch the Credo Q4 & FY2025 Earnings Call Replay: https://www.insideticker.com/video/5df116f5-9aa6-4709-9c99-181218e2febb

San Jose, CA - June 24, 2025 Inside Ticker - Credo Technology Group Holding Ltd (NASDAQ: CRDO), a leader in secure, high-speed connectivity solutions, today announced record financial results for its fourth quarter and full fiscal year 2025, fueled by accelerating demand from AI, cloud, and hyperscale data center customers.

For the fourth quarter of fiscal 2025, Credo reported revenue of $170.0 million, representing a 179.7% year-over-year increase and a 25.9% sequential rise, driven by robust adoption of its energy-efficient, high-performance connectivity products. GAAP gross margin for the quarter was 67.2% (non-GAAP: 67.4%), with GAAP net income reaching $36.6 million and non-GAAP net income at $65.3 million. GAAP diluted EPS stood at $0.20, while non-GAAP diluted EPS was $0.35. The company ended the quarter with a strong liquidity position, holding $431.3 million in cash and short-term investments.

For the full fiscal year, revenue surged 126% to $436.8 million, reflecting rapid hyperscaler adoption of Credo's advanced connectivity solutions, particularly for next-generation AI services. CEO Bill Brennan commented, "The surging demand for our innovative, reliable, and energy-efficient connectivity solutions is expected to persist as data infrastructure needs continue to accelerate globally".

Credo's product portfolio-including its Lark 800G DSPs, PCIe 6/7, and CXL retimers-continues to enable next-generation data centers and AI deployments with industry-leading performance and power efficiency. The company also introduced enhanced diagnostic tools to speed customer integration and debugging, further strengthening its position as a preferred partner for hyperscale and AI-driven infrastructure.

Looking ahead, Credo provided strong guidance for Q1 fiscal 2026, projecting revenue between $185 million and $195 million, with non-GAAP gross margin expected to range from 64% to 66%. The company anticipates continued momentum as it addresses the ever-expanding demands of AI, cloud computing, and hyperscale networks.

For more expert analysis and real-time updates on Credo Technology Group Holding Ltd (NASDAQ: CRDO), including a replay of the latest earnings call, visit Inside Ticker or InsideTicker.com.

About Credo Technology Group:
Credo is redefining high-speed connectivity for the next generation of AI-driven applications, delivering breakthrough solutions that enable faster, more reliable, and more energy-efficient data infrastructure worldwide.

About Inside Ticker:
Inside Ticker provides in-depth reports, financial insights, and the latest news on leading companies. For more on Credo and other market movers, follow Inside Ticker and access the earnings call replay here. - https://www.insideticker.com/video/5df116f5-9aa6-4709-9c99-181218e2febb

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