earnings
confidence high
sentiment positive
materiality 0.85
Credo Q2 revenue $268M (+272% YoY), GAAP EPS $0.44; Q3 guidance $335-345M
Credo Technology Group Holding Ltd
2026-Q2 EPS reported
$0.79
revenue$491,101,000
- Revenue of $268.0M, up 20.2% QoQ and 272.1% YoY; GAAP diluted EPS $0.44, non-GAAP diluted EPS $0.67.
- GAAP net income of $82.6M and non-GAAP net income of $127.8M; cash and short-term investments $813.6M.
- Q3 FY2026 guidance: revenue $335-345M, GAAP gross margin 63.8%-65.8%, non-GAAP 64.0%-66.0%.
- Management cites strongest quarterly results in Credo’s history; growth driven by AI cluster build-out.