CRDO experienced explosive growth with revenue more than doubling to $437M and swinging from a $28M net loss to $52M profit, accompanied by dramatic increases across all balance sheet items.
This represents a fundamental transformation of the business with revenue growth of 126% indicating either major market expansion, successful product launches, or potential acquisitions. The swing from operating losses to strong profitability demonstrates effective operational leverage and scalability of the business model.
CRDO delivered exceptional growth across all financial metrics, with revenue more than doubling to $437M while achieving a remarkable turnaround from a $28M net loss to $52M profit. Balance sheet items expanded proportionally, with cash increasing 253% to $236M, inventory growing 248% to $90M, and receivables rising 172% to $162M, all indicating robust business scaling. The company also moved from a 52-week to 53-week fiscal year in 2025, though this accounts for only a small portion of the dramatic growth, suggesting genuine business expansion and operational improvements that position the company very favorably for continued growth.
Net income grew 283.9% — bottom-line growth signals improving overall business health.
Cash position surged 253% — strong cash generation or capital raise providing significant financial cushion.
Inventory surged 247.5% — growing significantly faster than typical sales pace; potential demand softening or supply chain overcorrection.
Operating leverage kicking in — revenue growth outpacing cost growth, a hallmark of scaling businesses.
Receivables surged 171.8% — revenue recognized but not yet collected; watch for collection issues or channel stuffing.
Current liabilities surged 141.4% — significant near-term obligations; verify ability to meet short-term debt.
Gross profit expanding — improving pricing power or product mix shift toward higher-margin offerings.
Capital expenditure jumped 130.4% — major investment cycle underway; assess returns on deployment.
Strong top-line growth of 126.3% — accelerating demand or successful expansion into new markets.
Liabilities grew 106.8% — significant increase in debt or obligations, assess impact on financial flexibility.
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