Credo Q1 FY2026 revenue $223.1M (+274% YoY); guides Q2 rev $230-240M

Credo Technology Group Holding Ltd

2026-Q1 EPS reported $0.34 revenue$223,074,000

Revenue $223.1M, up 274% YoY and 31% QoQ; GAAP diluted EPS $0.34, non-GAAP $0.52.
GAAP gross margin 67.4%, non-GAAP 67.6%; GAAP net income $63.4M.
Q2 FY2026 outlook: revenue $230-240M; non-GAAP gross margin 64%-66%; non-GAAP op ex $56-58M.
Cash and short-term investments $479.6M; CEO cites hyperscaler partnerships driving growth.

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