As of Q3'26 (2026-01-31), CRDO reported an operating income of 150M USD, marking a significant improvement compared to previous quarters. The year-over-year growth rate for this period reached 471%, highlighting a substantial turnaround in operational performance. Over the period from Q4'23 to Q3'26, CRDO’s operating income transitioned from negative values—starting at -16M USD in Q4'23—to strong positive figures, with a notable inflection point occurring in Q3'25 when the company first reported a positive operating income of 26M USD. The trend demonstrates a consistent recovery and acceleration, particularly from Q3'25 onwards, with both operating income and YoY growth rates surging sharply, indicating robust operational momentum and a successful reversal from sustained losses to significant profitability.