---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-039474"
form_type: "8-K"
ticker: "CRDO"
cik: "0001807794"
company_name: "Credo Technology Group Holding Ltd"
filed_at: "2026-06-01T20:08:16+00:00"
generated_at: "2026-06-01T20:19:47.871361+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Credo Q4 revenue $437M (+157% YoY); guides Q1 $465-475M; CEO awarded 1.44M performance-based RSUs

## Summary
- Q4 FY2026 revenue $437.0M (+7.4% QoQ, +157% YoY); GAAP diluted EPS $0.88, non-GAAP diluted EPS $1.16.
- Full-year FY2026 revenue $1,335M (more than tripled YoY); non-GAAP net income $662M (5x increase over prior year).
- Q1 FY2027 revenue guidance $465-475M; non-GAAP gross margin expected 67.0-69.0%.
- CEO William Brennan awarded 1,437,000 performance-based RSUs (6 tranches) tied to revenue hurdles ($2.5B-$7.5B) and stock price hurdles ($244.70-$489.40) over 5 years.
- First two tranches (479,000 shares) vest if revenue reaches $5B; one-year post-vest sale restriction; no other equity awards expected for 5 years.

## SEC filing metadata
- accession: 0001628280-26-039474
- form_type: 8-K
- ticker: CRDO
- cik: 0001807794
- company_name: Credo Technology Group Holding Ltd
- filed_at: 2026-06-01T20:08:16+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1807794/000162828026039474/0001628280-26-039474-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1807794/000162828026039474/crdo-20260528.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-039474
- JSON: https://secwatch.observer/filing/0001628280-26-039474.json
- Plain text: https://secwatch.observer/filing/0001628280-26-039474.txt

## Source-grounded claims
- claim_id: 0fd7a989a55b0f7e7e1ca93a98094d0b26ece3de
  claim: Credo Technology Group Holding Ltd reported financial results for the fourth quarter and full fiscal year 2026, ended May 2, 2026.
  evidence_excerpt: On June 1, 2026, Credo Technology Group Holding Ltd (the "Company") issued a press release announcing its financial results for the fiscal year ended May 2, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1807794/000162828026039474/0001628280-26-039474-index.htm
- claim_id: 3132be9386424609df06d22111768c261f7b6b89
  claim: Credo Technology Group Holding Ltd reported First Quarter of Fiscal Year 2027 results: revenue between $465.0 million and $475.0 million. Guidance initiated.
  evidence_excerpt: First Quarter of Fiscal Year 2027 Financial Outlook • Revenue is expected to be between $465.0 million and $475.0 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1807794/000162828026039474/0001628280-26-039474-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.