earnings
confidence high
sentiment positive
materiality 0.85
Credo Q3 FY2026 revenue $407M, up 201.5% YoY; net income $157.1M
Credo Technology Group Holding Ltd
2026-Q3 EPS reported
$1.62
revenue$898,113,000
- Revenue of $407.0M (+51.9% QoQ, +201.5% YoY); GAAP diluted EPS $0.82, non-GAAP $1.07.
- GAAP gross margin 68.5%; non-GAAP 68.6%; operating expenses $129.2M GAAP, $77.4M non-GAAP.
- Ending cash and short-term investments $1.3B; record results driven by AEC and IC growth.
- Q4 FY2026 guidance: revenue $425-435M, non-GAAP gross margin 64-66%, non-GAAP op ex $76-80M.
- CEO cites three new multi-billion $ TAM expansions: ZeroFlap optics, ALCs, OmniConnect.