As of Q3'26 (2026-01-31), CRDO reported a net income of $157.14M, marking its highest quarterly profit in the period shown. The year-over-year growth rate for this quarter reached 435.22%, indicating a substantial improvement compared to the same quarter in the previous year. Over the period from Q4'23 to Q3'26, CRDO’s net income trend shifted dramatically from persistent losses to strong profitability. The company experienced consecutive quarters of negative net income through Q2'25, with the lowest point at -$15.94M in Q4'23. A turning point occurred in Q3'25, when net income turned positive and accelerated rapidly, culminating in significant profits in subsequent quarters. The YoY growth rates mirrored this turnaround, moving from deep negative territory to robust triple-digit gains, highlighting a notable inflection point and sustained upward momentum in financial performance.