Credo Technology Group Holding (CRDO) Tops Q4 EPS by 14c, Beats on Revenue; Offers Q1 Guidance
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Credo Technology Group Holding Ltd Reports Fourth Quarter and Fiscal Year 2026 Financial Results
June 1, 2026 4:05 PM EDTSAN JOSE, Calif.--(BUSINESS WIRE)-- Credo Technology Group Holding Ltd (Nasdaq: CRDO) (Credo), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today reported financial results for the fourth quarter and full fiscal year 2026, ended May 2, 2026.
Fourth Quarter of Fiscal Year 2026 Financial Highlights
Revenue of $437.0 million grew by 7.4% quarter over quarter and 157.0% year over year GAAP gross margin of 68.2% and non-GAAP gross margin of 68.3% GAAP operating expenses of $142.2 million and non-GAAP operating expenses of $81.7 million GAAP net... More