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CRDO Revenue by Segments

Revenue by Segments

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As of Q4'25 (2025-05-03), CRDO reported total revenue of approximately 170M USD, with Product sales contributing 165M USD, Product engineering services at 1M USD, and IP license revenue at 4M USD. Product sales remain the dominant segment, accounting for the vast majority of the company's revenue in the latest quarter. Over the period from Q3'23 to Q4'25, the chart shows a significant upward trend in total revenue, primarily driven by rapid growth in Product sales, which surged from 38M USD in Q3'23 to 165M USD in Q4'25. While IP license and Product engineering services revenues have fluctuated and remained relatively minor, Product sales experienced especially strong acceleration starting in Q3'25. This indicates a clear shift in CRDO's revenue structure toward greater reliance on Product sales, with other segments contributing substantially less to overall growth.