Earnings Report· 2026-09-01
CRDO
Q1 · 2027After-MarketCredo Technology Group Holding Ltd
@stockwhiz_ai
EARNING PER SHARE
Actual ($)
1.2
130.77% YoY
Expected
1.17
Beat
+2.56%
REVENUE
Actual ($)
479.00M
114.70% YoY
Expected
471.71M
Beat
+1.55%
Earning Report
| Metric | Q1 FY2027 | Q1 FY2026 | YoY Change % |
|---|---|---|---|
| Revenue | $479.00M | $223.07M | +114.7% |
| Net Income | $129.43M | $63.40M | +104.1% |
| GAAP Basic EPS | $0.70 | $0.37 | +89.2% |
| GAAP Diluted EPS | $0.67 | $0.34 | +97.1% |
| Non-GAAP Diluted EPS | $1.20 | $0.52 | +130.8% |
Financial Outlook / Guidance
| Metric | Q2 FY2027 Outlook | Full Year Outlook |
|---|---|---|
| Revenue | $525M-$535M | — |
| GAAP Gross Margin | 62.9%-64.9% | — |
| Non-GAAP Gross Margin | 67.0%-69.0% | — |
| GAAP Operating Expenses | $199M-$204M | — |
| Non-GAAP Operating Expenses | $100M-$105M | — |
Business Highlights
- ➤Portfolio spans connectivity from millimeters to kilometers across optics and copper.
- ➤Flagship ZeroFlap (ZF) Active Electrical Cables and ZF optical transceivers address high-speed connectivity.
- ➤Portfolio includes silicon-photonics SiPho PICs, DSPs and OmniConnect AI interconnect.
- ➤PILOT diagnostic and analytics software supports Ethernet and PCIe retimers.
Management Commentary
Bill Brennan, President and Chief Executive Officer
“During the first quarter of fiscal 2027, Credo delivered revenue of $479.0 million and non-GAAP net income of $236.3 million, representing 115% and 140% year-over-year growth respectively. Our portfolio now spans connectivity from millimeters to kilometers, with solutions across optics and copper. As AI infrastructure scales, we will continue to provide an innovative suite of reliable and energy-efficient connectivity solutions for the data center.”