Credo Technology Group Holding (CRDO) Tops Q2 EPS by 18c, Beats on Revenue; Offers Guidance
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Credo Technology Group Holding Ltd Reports Second Quarter of Fiscal Year 2026 Financial Results
December 1, 2025 4:05 PM ESTSAN JOSE, Calif.--(BUSINESS WIRE)-- Credo Technology Group Holding Ltd (Credo) (Nasdaq: CRDO), an innovator in providing reliable, energy-efficient, system-level connectivity solutions for the next generation of AI-driven applications, cloud computing and hyperscale networks, today reported financial results for the second quarter of fiscal year 2026, ended November 1, 2025.
Second Quarter of Fiscal Year 2026 Financial Highlights
Revenue of $268.0 million, grew by 20.2% quarter over quarter and 272.1% year over year GAAP gross margin of 67.5% and non-GAAP gross margin of 67.7% GAAP operating expenses of $102.3 million and non-GAAP operating... More