Credo Technology Group Holding Ltd (CRDO) stock
CRDONasdaqSemiconductors & Related DevicesFiscal year ends April 29
Financials through Q1 FY2027, quarter ended Aug 1, 2026Last filing: 10-Q on Sep 2, 2026Score 13/3077% above fair value
$150.99−14.30 (-8.65%)
Close on Oct 30, 2026Market cap $28.38BP/E 53.7Yield –
Earnings
Credo Technology's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Next report
–
Not yet scheduled
Revenue, Q1 FY2027
$479.00M
+114.7% on a year earlier
non-GAAP diluted net income per share, Q1 FY2027
$1.20
$0.52 a year earlier
Latest guidance
Issued
Sep 1, 2026 · 5 items
Quarterly results
Revenue and earnings per share from each of Credo Technology's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q1 FY2027ended Aug 1, 2026 | Sep 1, 2026after the close | $479.00M | +114.7% | $0.67 | $1.20 | Release |
| Q4 FY2026ended May 2, 2026 | Jun 1, 2026after the close | $437.00M | +157.1% | $0.88 | $1.16 | Release |
| Q3 FY2026ended Jan 31, 2026 | Mar 2, 2026after the close | $407.00M | +201.5% | $0.82 | $1.07 | Release |
| Q1 FY2026ended Aug 2, 2025 | Sep 3, 2025after the close | $223.10M | +273.7% | $0.34 | $0.52 | Release |
| Q4 FY2025ended May 3, 2025 | Jun 2, 2025after the close | $170.00M | +179.6% | $0.20 | $0.35 | Release |
| Q3 FY2025ended Feb 1, 2025 | Mar 4, 2025after the close | $135.00M | +154.2% | $0.16 | $0.25 | Release |
| Q2 FY2025ended Nov 2, 2024 | Dec 2, 2024after the close | $72.00M | +63.6% | -$0.03 | $0.07 | Release |
| Q1 FY2025ended Aug 3, 2024 | Sep 4, 2024after the close | $59.70M | +70.1% | -$0.06 | $0.04 | Release |
| Q4 FY2024ended Apr 27, 2024 | May 29, 2024after the close | $60.80M | +89.4% | -$0.06 | $0.07 | Release |
| Q3 FY2024ended Jan 27, 2024 | Feb 27, 2024after the close | $53.10M | -2.2% | $0.00 | $0.04 | Release |
| Q2 FY2024ended Oct 28, 2023 | Nov 29, 2023after the close | $44.00M | -14.4% | -$0.04 | $0.01 | Release |
| Q1 FY2024ended Jul 29, 2023 | Aug 24, 2023after the close | $35.10M | -24.5% | $0.08 | $0.03 | Release |
| Q4 FY2023ended Apr 29, 2023 | May 31, 2023after the close | $32.10M | – | -$0.11 | -$0.04 | Release |
| Q3 FY2023ended Jan 28, 2023 | Mar 1, 2023after the close | $54.30M | +70.8% | $0.02 | $0.05 | Release |
| Q2 FY2023ended Oct 29, 2022 | Nov 30, 2022after the close | $51.40M | – | -$0.02 | $0.02 | Release |
| Q1 FY2023ended Jul 30, 2022 | Aug 31, 2022after the close | $46.50M | – | $0.00 | $0.03 | Release |
| Q4 FY2022ended Apr 30, 2022 | Jun 1, 2022after the close | – | – | – | – | Filing |
| Q3 FY2022ended Jan 31, 2022 | Mar 9, 2022after the close | $31.80M | – | $0.00 | $0.03 | Release |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
Credo Technology's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| Revenue | Q2 FY2027 | $525.00M – $535.00M | – | New | Sep 1, 2026 |
| GAAP gross marginGAAP | Q2 FY2027 | 62.9% – 64.9% | – | New | Sep 1, 2026 |
| non-GAAP gross marginnon-GAAP | Q2 FY2027 | 67% – 69% | – | New | Sep 1, 2026 |
| GAAP operating expensesGAAP | Q2 FY2027 | $199.00M – $204.00M | – | New | Sep 1, 2026 |
| non-GAAP operating expensesnon-GAAP | Q2 FY2027 | $100.00M – $105.00M | – | New | Sep 1, 2026 |
Guidance vs results
The last range Credo Technology gave before each report, against the figure it then reported. Full years add up the four quarters.
| Period | Metric | Guidance | Actual | Result |
|---|---|---|---|---|
| Q1 FY2027 | Revenue | $465.00M – $475.00M | $479.00M | Above range |
| Q4 FY2026 | Revenue | $425.00M – $435.00M | $437.00M | Above range |
| Q3 FY2026 | Revenue | $404.00M – $408.00M | $407.00M | Within range |
| Q1 FY2026 | Revenue | $185.00M – $195.00M | $223.10M | Above range |
| Q4 FY2025 | Revenue | $155.00M – $165.00M | $170.00M | Above range |
| Q3 FY2025 | Revenue | $115.00M – $125.00M | $135.00M | Above range |
| Q2 FY2025 | Revenue | $65.00M – $68.00M | $72.00M | Above range |
| Q1 FY2025 | Revenue | $58.00M – $61.00M | $59.70M | Within range |
| Q4 FY2024 | Revenue | $59.00M – $62.00M | $60.80M | Within range |
| Q3 FY2024 | Revenue | $51.00M – $53.00M | $53.10M | Above range |
| Q2 FY2024 | Revenue | $42.00M – $44.00M | $44.00M | Within range |
| Q1 FY2024 | Revenue | $33.00M – $35.00M | $35.10M | Above range |
| Q4 FY2023 | Revenue | $30.00M – $32.00M | $32.10M | Above range |
| Q3 FY2023 | Revenue | $54.00M – $56.00M | $54.30M | Within range |
| Q2 FY2023 | Revenue | $48.50M – $52.50M | $51.40M | Within range |
Guidance history
Every forecast Credo Technology put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Sep 1, 2026 | GAAP gross margin | Q2 FY2027 | 62.9% – 64.9% | New |
| Sep 1, 2026 | non-GAAP gross margin | Q2 FY2027 | 67% – 69% | New |
| Sep 1, 2026 | GAAP operating expenses | Q2 FY2027 | $199.00M – $204.00M | New |
| Sep 1, 2026 | non-GAAP operating expenses | Q2 FY2027 | $100.00M – $105.00M | New |
| Sep 1, 2026 | Revenue | Q2 FY2027 | $525.00M – $535.00M | New |
| Jun 1, 2026 | GAAP gross margin | Q1 FY2027 | 66.9% – 68.9% | New |
| Jun 1, 2026 | non-GAAP gross margin | Q1 FY2027 | 67% – 69% | New |
| Jun 1, 2026 | GAAP operating expenses | Q1 FY2027 | $167.60M – $171.60M | New |
| Jun 1, 2026 | non-GAAP operating expenses | Q1 FY2027 | $86.00M – $90.00M | New |
| Jun 1, 2026 | Revenue | Q1 FY2027 | $465.00M – $475.00M | New |
| Mar 2, 2026 | GAAP gross margin | Q4 FY2026 | 63.9% – 65.9% | New |
| Mar 2, 2026 | non-GAAP gross margin | Q4 FY2026 | 64% – 66% | New |
| Mar 2, 2026 | GAAP operating expenses | Q4 FY2026 | $125.50M – $129.50M | New |
| Mar 2, 2026 | non-GAAP operating expenses | Q4 FY2026 | $76.00M – $80.00M | New |
| Mar 2, 2026 | Revenue | Q4 FY2026 | $425.00M – $435.00M | New |
| Feb 9, 2026 | revenue | Q3 FY2026 | $404.00M – $408.00M | New |
| Feb 9, 2026 | year-over-year growth | FY2026 | +200% | New |
| Sep 3, 2025 | GAAP gross margin | Q2 FY2026 | 63.5% – 65.5% | New |
| Sep 3, 2025 | non-GAAP gross margin | Q2 FY2026 | 64% – 66% | New |
| Sep 3, 2025 | GAAP operating expenses | Q2 FY2026 | $96.00M – $98.00M | New |
| Sep 3, 2025 | non-GAAP operating expenses | Q2 FY2026 | $56.00M – $58.00M | New |
| Sep 3, 2025 | Revenue | Q2 FY2026 | $230.00M – $240.00M | New |
| Jun 2, 2025 | GAAP gross margin | Q1 FY2026 | 63.4% – 65.4% | New |
| Jun 2, 2025 | non-GAAP gross margin | Q1 FY2026 | 64% – 66% | New |
| Jun 2, 2025 | GAAP operating expenses | Q1 FY2026 | $88.30M – $90.30M | New |
| Jun 2, 2025 | non-GAAP operating expenses | Q1 FY2026 | $54.00M – $56.00M | New |
| Jun 2, 2025 | Revenue | Q1 FY2026 | $185.00M – $195.00M | New |
| Mar 4, 2025 | GAAP gross margin | Q4 FY2025 | 62.7% – 64.7% | New |
| Mar 4, 2025 | non-GAAP gross margin | Q4 FY2025 | 63% – 65% | New |
| Mar 4, 2025 | GAAP operating expenses | Q4 FY2025 | $73.00M – $75.00M | New |
| Mar 4, 2025 | non-GAAP operating expenses | Q4 FY2025 | $50.00M – $52.00M | New |
| Mar 4, 2025 | Revenue | Q4 FY2025 | $155.00M – $165.00M | New |
| Dec 2, 2024 | non-GAAP gross margin | Q3 FY2025 | 61% – 63% | New |
| Dec 2, 2024 | GAAP gross margin | Q3 FY2025 | 60.6% – 62.6% | New |
| Dec 2, 2024 | GAAP operating expenses | Q3 FY2025 | $58.60M – $60.60M | New |
| Dec 2, 2024 | non-GAAP operating expenses | Q3 FY2025 | $42.00M – $44.00M | New |
| Dec 2, 2024 | Revenue | Q3 FY2025 | $115.00M – $125.00M | New |
| Sep 4, 2024 | GAAP gross margin | Q2 FY2025 | 61.3% – 63.3% | New |
| Sep 4, 2024 | non-GAAP gross margin | Q2 FY2025 | 62% – 64% | New |
| Sep 4, 2024 | non-GAAP operating expenses | Q2 FY2025 | $36.00M – $38.00M | New |
| Sep 4, 2024 | GAAP operating expenses | Q2 FY2025 | $51.30M – $53.30M | New |
| Sep 4, 2024 | Revenue | Q2 FY2025 | $65.00M – $68.00M | New |
| May 29, 2024 | GAAP gross margin | Q1 FY2025 | 62.3% – 64.3% | New |
| May 29, 2024 | non-GAAP gross margin | Q1 FY2025 | 63% – 65% | New |
| May 29, 2024 | GAAP operating expenses | Q1 FY2025 | $49.40M – $51.40M | New |
| May 29, 2024 | non-GAAP operating expenses | Q1 FY2025 | $35.00M – $37.00M | New |
| May 29, 2024 | Revenue | Q1 FY2025 | $58.00M – $61.00M | New |
| Feb 27, 2024 | GAAP gross margin | Q4 FY2024 | 63.2% – 65.2% | New |
| Feb 27, 2024 | non-GAAP gross margin | Q4 FY2024 | 64% – 66% | New |
| Feb 27, 2024 | GAAP operating expenses | Q4 FY2024 | $44.00M – $46.00M | New |
| Feb 27, 2024 | non-GAAP operating expenses | Q4 FY2024 | $33.00M – $35.00M | New |
| Feb 27, 2024 | Revenue | Q4 FY2024 | $59.00M – $62.00M | New |
| Nov 29, 2023 | GAAP gross margin | Q3 FY2024 | 58.8% – 60.8% | New |
| Nov 29, 2023 | non-GAAP gross margin | Q3 FY2024 | 59% – 61% | New |
| Nov 29, 2023 | GAAP operating expenses | Q3 FY2024 | $37.00M – $39.00M | New |
| Nov 29, 2023 | non-GAAP operating expenses | Q3 FY2024 | $28.00M – $30.00M | New |
| Nov 29, 2023 | Revenue | Q3 FY2024 | $51.00M – $53.00M | New |
| Aug 24, 2023 | GAAP gross margin | Q2 FY2024 | 57.8% – 59.8% | New |
| Aug 24, 2023 | non-GAAP gross margin | Q2 FY2024 | 58% – 60% | New |
| Aug 24, 2023 | GAAP operating expenses | Q2 FY2024 | $35.00M – $37.00M | New |
| Aug 24, 2023 | non-GAAP operating expenses | Q2 FY2024 | $27.00M – $29.00M | New |
| Aug 24, 2023 | Revenue | Q2 FY2024 | $42.00M – $44.00M | New |
| May 31, 2023 | GAAP gross margin | Q1 FY2024 | 57.8% – 59.8% | New |
| May 31, 2023 | non-GAAP gross margin | Q1 FY2024 | 58% – 60% | New |
| May 31, 2023 | GAAP operating expenses | Q1 FY2024 | $34.00M – $36.00M | New |
| May 31, 2023 | non-GAAP operating expenses | Q1 FY2024 | $26.00M – $28.00M | New |
| May 31, 2023 | Revenue | Q1 FY2024 | $33.00M – $35.00M | New |
| Mar 1, 2023 | GAAP gross margin | Q4 FY2023 | 55.8% – 57.8% | New |
| Mar 1, 2023 | non-GAAP gross margin | Q4 FY2023 | 56% – 58% | New |
| Mar 1, 2023 | GAAP operating expenses | Q4 FY2023 | $32.80M – $34.80M | New |
| Mar 1, 2023 | non-GAAP operating expenses | Q4 FY2023 | $26.00M – $28.00M | New |
| Mar 1, 2023 | Revenue | Q4 FY2023 | $30.00M – $32.00M | New |
| Nov 30, 2022 | GAAP gross margin | Q3 FY2023 | 58.7% – 60.7% | New |
| Nov 30, 2022 | non-GAAP gross margin | Q3 FY2023 | 59% – 61% | New |
| Nov 30, 2022 | GAAP operating expenses | Q3 FY2023 | $30.20M – $32.20M | New |
| Nov 30, 2022 | non-GAAP operating expenses | Q3 FY2023 | $25.00M – $27.00M | New |
| Nov 30, 2022 | Revenue | Q3 FY2023 | $54.00M – $56.00M | New |
| Nov 30, 2022 | revenue | FY2023 | $200.00M | Reaffirmed |
| Aug 31, 2022 | GAAP gross margin | Q2 FY2023 | 58.5% – 60.5% | New |
| Aug 31, 2022 | non-GAAP gross margin | Q2 FY2023 | 59% – 61% | New |
| Aug 31, 2022 | GAAP operating expenses | Q2 FY2023 | $30.50M – $32.50M | New |
| Aug 31, 2022 | non-GAAP operating expenses | Q2 FY2023 | $23.50M – $25.50M | New |
| Aug 31, 2022 | Revenue | Q2 FY2023 | $48.50M – $52.50M | New |
| Aug 31, 2022 | revenue | FY2023 | $200.00M | New |
| Mar 9, 2022 | GAAP gross margin | Q4 FY2022 | 58.5% – 60.5% | New |
| Mar 9, 2022 | non-GAAP gross margin | Q4 FY2022 | 59% – 61% | New |
| Mar 9, 2022 | GAAP operating expenses | Q4 FY2022 | $26.00M – $28.00M | New |
| Mar 9, 2022 | non-GAAP operating expenses | Q4 FY2022 | $21.00M – $23.00M | New |
| Mar 9, 2022 | Revenue | Q4 FY2022 | $37.00M – $41.00M | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases Credo Technology filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Update
- Results
- Results
- Results
- Results
- Results
- Results
- Results
- Results
- Update
- Results
- News
- News