earnings
confidence high
sentiment positive
materiality 0.85
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.