secwatch.observer — SEC 8-K summary
======================================

Issuer:     Credo Technology Group Holding Ltd (CRDO)
CIK:        0001807794
Form:       8-K
Filed at:   2026-06-01T20:08:16+00:00
Accession:  0001628280-26-039474
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1807794/000162828026039474/0001628280-26-039474-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1807794/000162828026039474/crdo-20260528.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-039474

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer