Credo Technology (CRDO) earnings date & stock reaction
CRDO · Credo Technology · IT
Credo Technology earnings date & time
Schedule
- Korea time (KST)
- Tue, December 1
- Reporting pattern
- 12 of last 12 after close
- Typical move
- ±15.0% · 12-report avg
What the market expects
Consensus EPS
$1.28Coming in above this counts as a beat
- Year-ago quarter
- $0.67→+91.0%
- Guided revenue
- $479M→$530M+10.6%
“Revenue reached a record $479 million, increasing 10% sequentially and more than doubling year over year.”
“We continue to expect an inflection in the second half, driven by more than $600 million in optical revenue... resulting in more than 85% year-over-year total revenue growth for the full year.”
- ▲Explosive Revenue Growth and Profitability
- Revenue for the quarter was $479.0 million, up 114.7% vs last year.
- Non-GAAP net income was $236.3 million, an increase of 140% vs last year.
- ▲Diversification of Optical Portfolio
- The optical DSP business achieved record revenue during the quarter.
- Revenue from silicon photonics PICs, acquired via DustPhotonics, was recognized for the first time.
- ▲Strong Outlook for Next Quarter
- Revenue guidance for the next quarter is set between $525 million and $535 million.
- The company maintains its target of over $600 million in annual optical revenue.
- ▼Decline in Cash Flow due to Working Capital
- Operating cash flow was $90.2 million, down $92.0 million vs the previous quarter.
- Inventory increased to $313.1 million, up $62.2 million vs the previous quarter.
- ▼Reduction in Cash Balance from Acquisitions
- Ending cash and equivalents were $764.3 million, down $679 million vs the previous quarter.
- The decrease was primarily due to the cash outlay for the DustPhotonics acquisition.
- ▼Steep Increase in Operating Expenses
- Non-GAAP operating expenses were $95.2 million, up 16% vs the previous quarter.
- Annual operating expenses are expected to increase by approximately 55% vs last year.
Credo Technology (CRDO) rose the day after earnings in 7 of its last 12 reports (58%), moving ±15.0% on average. It has fallen despite beating the consensus estimate 3 times.
When results drop, skip the EPS number. Check if the growth above holds or accelerates, and whether guidance beats expectations.
How this stock reacts to earnings
Traits seen across its recent earnings reactions
Earnings number vs guidance: which drives it?
How often the beat/miss matched the actual price move
3/10 beats fell next day · watches AEC revenue growth
- Aug 2026 report-20.0%
- May 2026 report+1.3%
- Jan 2026 report-14.8%
- Nov 2025 report+10.1%
- Aug 2025 report+7.4%
- May 2025 report+14.8%
Earnings timeline · bars = next-day move, ▲▼ = beat/miss
Earnings trend · last 12 quarters
Earnings history and price reaction
| Quarter ended | Reported (ET) | vs market expectation (consensus) | Earnings day | After 5 days |
|---|---|---|---|---|
| 8/2026 | 2026-09-01 | +2.7% | -20.0% | -18.7% |
| 5/2026 | 2026-06-01 | +12.2% | +1.3% | -1.7% |
| 1/2026 | 2026-03-02 | +13.7% | -14.8% | +1.5% |
| 11/2025 | 2025-12-01 | +35.3% | +10.1% | +4.6% |
| 8/2025 | 2025-09-03 | +44.2% | +7.4% | +31.4% |
| 5/2025 | 2025-06-02 | +29.6% | +14.8% | +13.5% |
12 reports, quarters ending 10/2023 to 8/2026. The earnings-day move is the first trading day that reflects the report; the five-day figure is the cumulative move from that point.
Frequently asked questions
When is the next Credo Technology earnings date?
The next Credo Technology (CRDO) earnings report is expected Mon, November 30 around 4:00 PM ET, after the close. It comes from an earnings calendar and may not be a company-confirmed date; it updates automatically if it changes.
What is the consensus EPS forecast for Credo Technology's next earnings?
Analysts expect EPS of about $1.28 for Credo Technology (CRDO). Coming in above that counts as a beat, below it a miss — though a beat does not guarantee the stock rises.
Does Credo Technology (CRDO) stock usually go up after earnings?
Over the last 12 earnings reports, the stock rose on 7 of them (58%). The average move on earnings day was ±15.0%.
Does Credo Technology react more to the earnings numbers or to guidance?
In 3 of the last 10 reports (30%), the stock moved the opposite way from whether it beat or missed the forecast. A high share means guidance and expectations drive the move more than the reported numbers.
Can Credo Technology stock fall even when earnings are good?
Yes. In 2 of the last 12 reports, Credo Technology fell on the earnings day despite growing EPS. Expectations already priced in, or guidance, can matter more than the reported numbers.
Does Credo Technology stock keep moving after the earnings day?
Over the last 12 reports, the move continued in the same direction for the following five trading days 33% of the time. This tendency is known as post-earnings announcement drift.