In the latest quarter Q3'26, CRDO's Gross Margin reached 68.5%, Operating Margin improved to 36.8%, and Net Profit Margin achieved 38.6%, reflecting strong profitability gains across all metrics and marking the highest levels in the observed period. From Q4'23 to Q3'26, Gross Margin exhibited a steady upward trend, rising from 57.9% to 68.5% with minor fluctuations, such as a dip to 62.4% in Q1'25 before resuming growth. Operating and Net Profit Margins transitioned from deep losses (-51.1% and -49.7%, respectively, in Q4'23) to consistent profitability by Q3'25, showing accelerated improvement post-Q2'25 with no major declines, underscoring enhanced operational efficiency and cost management over the 3-year quarterly timeframe.