For Q3 FY2026 (ended January 31, 2026), Credo Technology reported revenue of $407.0 million, up 201.5% year-over-year. Net income was $157.1 million, up 435.2% YoY, with operating income of $149.6 million (up 471.2% YoY). Diluted EPS was $0.82, up 412.5% YoY.
•Revenue surged 201.5% YoY to $407.0 million.
•Net income rose 435.2% YoY to $157.1 million.
•Operating income increased 471.2% YoY to $149.6 million.
•Diluted EPS grew 412.5% YoY to $0.82.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Credo Technology provides various high-speed connectivity solutions for optical and electrical Ethernet and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and other international markets.
The company offers ZeroFlap (ZF) active electrical cables and ZF optical transceivers, OmniConnect memory solutions, and a suite of retimers and DSPs for optical and copper Ethernet and PCIe
Integrated circuits, active electrical cables, and SerDes chiplets, as well as intellectual property (IP) solutions, including SerDes IP licensing. Founded in 2008, The company offers is headquartered in Grand Cayman, the Cayman Islands.
What does Credo Technology Group Holding Ltd (CRDO) do?
Credo Technology Group Holding Ltd provides high-speed connectivity solutions for optical and electrical Ethernet and PCIe applications. The company offers ZeroFlap (ZF) active electrical cables and ZF optical transceivers, which are designed to reduce power consumption and improve signal integrity in data centers and networking environments. Additionally, Credo provides OmniConnect memory solutions, a suite of retimers and DSPs for optical and copper Ethernet and PCIe, integrated circuits, active electrical cables, and SerDes chiplets. The company also licenses its SerDes intellectual property (IP) to other semiconductor firms. These products and solutions enable high-bandwidth data transmission in applications such as artificial intelligence, cloud computing, and telecommunications.
Where is Credo Technology Group Holding Ltd (CRDO) listed and in which currency?
Credo Technology Group Holding Ltd is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol CRDO. The company's shares are traded in US dollars (USD). As a Cayman Islands-based holding company, Credo's stock is accessible to international investors through US exchanges, and its financial reporting is conducted in US dollars, which is standard for companies listed on US stock exchanges.
What sector and industry does Credo Technology Group Holding Ltd (CRDO) operate in?
Credo Technology Group Holding Ltd operates in the Technology sector, specifically within the Semiconductors industry. As a semiconductor company, Credo designs and manufactures integrated circuits and connectivity solutions that are critical components in modern electronic systems. The company's focus on high-speed connectivity for Ethernet and PCIe applications places it at the intersection of data center infrastructure, networking, and semiconductor design. Its products are essential for enabling the high-bandwidth, low-latency data transmission required in cloud computing, artificial intelligence, and 5G networks.
Where is Credo Technology Group Holding Ltd (CRDO) headquartered and what markets does it serve?
Credo Technology Group Holding Ltd is headquartered in Grand Cayman, the Cayman Islands. The company serves a global customer base, with significant operations in the United States, Taiwan, Mainland China, Hong Kong, and other international markets. Credo's products are used by data center operators, networking equipment manufacturers, and telecommunications providers worldwide. The company's international presence allows it to cater to the growing demand for high-speed connectivity solutions across different regions, particularly in Asia and North America, where data center and cloud infrastructure investments are robust.
How does Credo Technology Group Holding Ltd (CRDO) generate revenue?
Credo Technology Group Holding Ltd generates revenue through the sale of its high-speed connectivity products and the licensing of its intellectual property. The company's product revenue comes from ZeroFlap active electrical cables and optical transceivers, OmniConnect memory solutions, retimers, DSPs, integrated circuits, active electrical cables, and SerDes chiplets. These products are sold to customers in the data center, networking, and telecommunications industries. Additionally, Credo earns revenue by licensing its SerDes IP to other semiconductor companies, allowing them to integrate Credo's high-speed serial interface technology into their own chips. This dual revenue stream from product sales and IP licensing provides a diversified business model.