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Credo FY27 Q1 GAAP net income more than doubled to $129.4 million year over year; revenue more than doubled to $479 million year over year
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Credo FY27 Q1 GAAP net income more than doubled to $129.4 million year over year; revenue more than doubled to $479 million year over year
  • Credo posted Q1 FY2027 revenue of $479 million, up 9.6% quarter-over-quarter and more than doubled year-over-year.
  • GAAP net income was $129.4 million, rising 104.1% from a year earlier; GAAP diluted EPS was $0.67.
  • GAAP gross margin was 64.5%; non-GAAP gross margin was 68%.
  • Cash and short-term investments ended at $764.3 million.
  • For Q2 FY2027, revenue is forecast at $525 million-$535 million, with GAAP gross margin of 62.9%-64.9%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Credo Technology Group Holding Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260901825270) on September 01, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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