Credo Technology Group Holding (CRDO) Tops Q1 EPS by 17c, Offers Guidance

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Credo Technology Group Holding Ltd Reports First Quarter of Fiscal Year 2026 Financial Results

September 3, 2025 4:05 PM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- Credo Technology Group Holding Ltd (Credo) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved reliability and energy efficiency for the next generation of AI-driven applications, cloud computing and hyperscale networks, today reported financial results for the first quarter of fiscal year 2026, ended August 2, 2025.

First Quarter of Fiscal Year 2026 Financial Highlights

Revenue of $223.1 million, grew by 274% year over year and 31% quarter over quarter GAAP gross margin of 67.4% and non-GAAP gross margin of 67.6% GAAP operating expenses... More