NASDAQ$CRDO

Credo Technology Group Holding Ltd · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

Credo Technology reported Q1 2026, revenue of $223.4M, net income of $95M, diluted EPS of $0.52.

For Q1 2026, Credo Technology reported revenue of $223.4M, net income of $95M, diluted EPS was $0.52. Management discusses operating trends, capital, and sector risks in the quarterly filing.

  • Revenue $223.4M.
  • Net income $95M.
  • Diluted EPS $0.52.
  • Credo Technology MD&A highlights liquidity, capital, and core trends.
  • Segment and macro factors shape year-over-year comparisons.

Headline financials

Total Revenue

$223M

Previous: $59.7M+273.6%
EPS (adj)

$0.52

Previous: -$0.06+966.7%
Capital Expenditures

-$2.82M

Previous: -$5.86M+51.9%
Free Cash Flow

$51.3M

Previous: -$13.1M+492.0%
Net Income

$63.4M

Previous: -$9.54M+764.6%
Operating Income

$60.7M

Previous: -$14.5M+520.3%
Gross Profit

$150M

Previous: $37.3M+303.3%

Revenue & EPS history

Credo · Revenue · Quarterly

$223M

Q1 2026+273.6%vs Q1 2025
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

Infrastructure and semiconductor suppliers focus on AI build-out, mix, and supply chain.

Tailwinds

  • AI server, networking, and custom silicon demand.
  • Data center customer design wins.
  • Product mix shift to higher-margin solutions.

Headwinds

  • PC and enterprise networking softness.
  • Inventory corrections and lead-time volatility.
  • Export controls and geopolitical supply risk.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+4.1%

Avg return

Earnings day

+1.4%

Avg return

5 days after

+0.1%

Avg return

30 days after

45%

10 / 22 earnings

Positive

+44.4%

Q2 2025

Best reaction

-15.7%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+11.1%+1.3%
Q3 2026-2.4%-3.8%-11.2%
Q2 2026+8.7%+2.9%-15.9%
Q1 2026+7.3%+19.4%+15.3%
Q4 2025+14.7%+16.5%+49.4%
Q3 2025-14.0%-27.4%-38.7%
Q2 2025+44.4%+51.6%+37.3%
Q1 2025-15.7%-23.3%+3.0%
Q4 2024+23.9%+21.5%+54.1%
Q3 2024-0.6%+0.7%-5.0%
Q2 2024-3.3%+3.6%+5.1%
Q1 2024-2.6%-1.5%-7.5%
Q4 2023+20.9%+16.8%+26.8%
Q3 2023-3.3%-4.3%-11.2%
Q2 2023+4.4%+6.9%-4.2%
Q1 2023-8.5%-9.0%-22.4%
Q2 2022-7.2%-12.4%-12.8%
Q4 2022+26.5%+24.5%+10.4%
Q3 2021-5.7%-13.0%-18.2%
Q1 2022-5.7%-13.0%-18.2%
Q4 2021-5.7%-13.0%-18.2%
Q3 2022+2.7%-13.1%-14.6%
Q2 2021
Q1 2021

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