Credo revenue doubles to $479.0M on AEC ramp; DustPhotonics deal drives margin dip

Filed September 2, 2026 · Period ending August 1, 2026 · Compared to 10-Q Sep 4, 2025 · ~1 min read

Key Changes

• high

  Revenue surged 114.7% to $479.0M, with AEC products contributing over 90% of the increase.

  MD&A: Revenue verify on EDGAR →
• high

  Gross margin fell 2.9 percentage points, reversing last year's 5.0-point gain, due to amortization of acquired intangibles from the DustPhotonics acquisition.

  MD&A: Gross margin verify on EDGAR →
• high

  Completed $1.3B DustPhotonics acquisition, adding $986.4M goodwill and $378.8M net intangibles; quarterly amortization of $11.6M will pressure margins.

  Notes: DustPhotonics verify on EDGAR →