Credo Technology Group Holding Ltd Ordinary Shares (CRDO) Financials
Key financial figures for Credo Technology Group Holding Ltd Ordinary Shares (Q4 2026).
Credo grew Q1 FY2027 revenue 114.7% year over year to a record $479.0 million, above its own $465-475 million guidance range, while GAAP gross margin stepped down to 64.5% from 68.2% in the prior quarter. Revenue of $479.0 million, up 114.7% year-over-year and 9.6% sequentially, above the company's own $465-475 million guidance range GAAP gross margin of 64.5% and non-GAAP gross margin of 68.0%, both down slightly sequentially from Q4 FY2026 (68.2% GAAP / 68.3% non-GAAP) GAAP net income of $129.4 million ($0.67 diluted EPS) and non-GAAP net income of $236.3 million ($1.20 diluted EPS) R&D spend stepped up to $114.5 million from $90.5 million in Q4 FY2026, reflecting continued investment in the optical DSP and silicon photonics roadmap Ending cash and short-term investments of $764.3 million Man. On the outlook: Q2 FY2027 revenue guided to $525-535 million, GAAP gross margin 62.9-64.9% and non-GAAP gross margin 67.0-69.0%, GAAP operating expenses $199-204 million and non-GAAP operating expenses $100-105 million. Figures are for Q1 2027, as Credo Technology Group Holding Ltd. reported them.
- Revenue
- $479M
- Net Income
- $129M
- EPS
- $0.70
- Total Assets
- $3.0B
- Operating Cash Flow
- $90M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q1 FY2027 | $479M | $129M | $0.67 | 25.2% | $83M |
| Q4 FY2026 | $437M | $169M | $0.88 | 35.66% | $177M |
| Q3 FY2026 | $407M | $157M | $0.82 | 36.76% | $140M |
| Q2 FY2026 | $268M | $83M | $0.44 | 29.4% | $38M |
| Q1 FY2026 | $223M | $63M | $0.34 | 27.23% | $51M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2026 | $1.3B | $472M | $2.51 | 33.33% | $407M |
| FY2025 | $437M | $52M | $0.29 | 8.7% | $29M |
| FY2024 | $193M | -$28M | -$0.18 | -19.2% | $17M |
Frequently asked questions
What was Credo Technology Group Holding Ltd.'s revenue last quarter?
Credo Technology Group Holding Ltd. reported revenue of $479.0 million for Q1 FY2027, up 114.7% from the same period a year earlier.
Is Credo Technology Group Holding Ltd. profitable?
Yes. Credo Technology Group Holding Ltd. reported net income of $129.4 million for Q1 FY2027, a net margin of 27.02% on revenue.
How has Credo Technology Group Holding Ltd.'s margin trended?
Operating margin was 25.2% in Q1 FY2027, compared with 27.23% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Credo Technology Group Holding Ltd. generate?
Credo Technology Group Holding Ltd. generated free cash flow of $82.9 million in Q1 FY2027, after capital expenditure.
Full income statement, balance sheet and cash flow for Credo Technology Group Holding Ltd Ordinary Shares on SentiSense, with up to forty quarters and twenty fiscal years of history.