Credo delivered record Q2 revenue of $268 million, up 20% sequentially and 272% year-over-year, confirming large-scale hyperscaler adoption. The company expanded into five connectivity pillars, positioning Credo as a system-level AI infrastructure platform rather than a single-product supplier. Gross margins reached 67.7%, and operating leverage accelerated, signaling software-like profitability emerging within a hardware-driven growth phase.









