Every 10-Q that Credo Technology Group (CRDO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CRDO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CRDO filings page.
Credo Technology Group Holding Ltd (CRDO) reported very strong growth for the quarter ended August 1, 2026, as revenue rose to $479.0 million, up 114.7% from $223.1 million a year earlier, driven primarily by a surge in Active Electrical Cable (AEC) shipments to hyperscale AI data center customers. Net income more than doubled to $129.4 million, with net margin at 27.0%, while gross margin remained high at 64.5%, down 2.9 percentage points due mainly to amortization of acquired intangibles.
Total assets increased to $3.01 billion following the $1.25 billion acquisition of DustPhotonics, which added substantial goodwill and developed technology and supports a vertically integrated optical and copper connectivity stack for AI infrastructure. Cash and cash equivalents decreased to $466.9 million from $1.16 billion after funding this deal, but operating cash flow strengthened to $90.2 million. The company highlights significant customer concentration and purchase commitments of $222.2 million, yet states it has sufficient liquidity and effective controls to support ongoing growth.
Credo Technology Group Holding Ltd delivered very strong results for the three months ended January 31, 2026. Revenue reached $407.0 million, up from $135.0 million a year earlier, driven mainly by a surge in Active Electrical Cable shipments to hyperscale data center customers. Net income jumped to $157.1 million from $29.4 million, and gross margin improved to 68.5% from 63.6%, reflecting scale benefits.
For the first nine months of fiscal 2026, revenue rose to $898.1 million and net income to $303.2 million. Operating cash flow increased sharply to $282.1 million, helping lift cash and cash equivalents to $1.22 billion. Credo completed a $750 million at-the-market equity program, raising $736.3 million net from 4.8 million new shares, and acquired Hyperlume for $92.0 million to add microLED-based optical interconnect technology.
The balance sheet shows $2.04 billion in total assets and $1.85 billion in shareholders’ equity with modest liabilities, though customer concentration remains high and the company has significant manufacturing and technology purchase commitments tied to its AI-focused growth strategy.
Credo Technology Group (CRDO) reported a sharp turnaround to profitability on surging demand for its connectivity products. Quarterly revenue for the period ended November 1, 2025 rose to $268.0 million from $72.0 million a year earlier, driven mainly by Active Electrical Cable (AEC) shipments to hyperscale data center customers. Gross margin improved to 67.5%, supporting quarterly net income of $82.6 million versus a net loss of $4.2 million.
For the first six months of fiscal 2026, revenue reached $491.1 million and net income was $146.0 million, compared with $131.7 million and a $13.8 million net loss in the prior-year period. Credo strengthened its balance sheet with $567.6 million in cash and cash equivalents and $1.29 billion in shareholders’ equity, helped by $384.6 million of net proceeds from an at-the-market share offering.
The company also acquired Hyperlume, Inc. for total consideration of about $92.0 million, adding microLED-based optical interconnect technology, and ended the quarter with substantial purchase commitments and increased R&D and share-based compensation as it invests in growth.
Credo Technology Group Holding Ltd (CRDO) reported routine interim disclosures in its Form 10-Q covering the quarter ended August 2, 2025. The filing presents unaudited condensed consolidated financial statements prepared under US GAAP and notes that cash and cash equivalents were $219.6 million at August 2, 2025 versus $236.3 million at May 3, 2025, while working capital increased to $695.2 million from $605.8 million. Deferred revenue rose to $3.1 million from $1.5 million, and contracted but unsatisfied performance obligations were approximately $3.4 million with $0.7 million satisfied but unrecognized.
The company reiterated its mission and product focus on high-speed connectivity (100G–1.6T) and described concentrations in customers, manufacturing capacity reservation commitments (non-cancelable purchase orders of ~$28.1 million and estimated purchase commitments of at least $15.5 million through FY2029), refundable deposits of $7.9 million, and an outstanding customer warrant for 4.1 million shares exercisable at $10.74. Management concluded disclosure controls were effective and stated no material litigation or changes in internal control. The company believes existing liquidity is sufficient for at least the next 12 months.