NASDAQ$CRDO

Credo Technology Group Holding Ltd · Q2 2026 earnings

Q2 2026 earnings · · After market close · Investor relations

Briefing

Credo Technology reported Q2 2026, revenue of $268M, net income of $146M, diluted EPS of $0.44.

For Q2 2026, Credo Technology reported revenue of $268M, net income of $146M, diluted EPS of $0.44. Management discussed segment trends, liquidity, and priorities for upcoming periods as disclosed in the quarterly filing.

  • Revenue $268M.
  • Net income $146M.
  • Diluted EPS $0.44.

Headline financials

Total Revenue

$268M

Previous: $72M+272.1%
EPS (adj)

$0.44

Previous: -$0.03+1566.7%
GAAP Gross Margin

67.5%

Previous: 63.2%+6.8%
Non-GAAP Gross Margin

67.7%

Previous: 63.6%+6.4%
Capital Expenditures

-$26M

Previous: -$27.8M+6.5%
Free Cash Flow

$89.8M

Previous: -$24.8M+462.7%
Net Income

$82.6M

Previous: -$4.23M+2055.9%
Operating Income

$78.8M

Previous: -$8.41M+1037.3%
Gross Profit

$181M

Previous: $45.5M+297.8%

Revenue & EPS history

Credo · Revenue · Quarterly

$268M

Q2 2026+272.1%vs Q2 2025
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

Management discusses Credo Technology's outlook, capital deployment, and key risks as disclosed in the earnings materials and periodic report.

Tailwinds

  • Credo Technology cited execution on strategic priorities in the filing.
  • Balance sheet and liquidity support continued operations and investment.

Headwinds

  • Macro, competitive, and input-cost pressures may affect margins.
  • Segment mix and one-time items can affect sequential comparability.

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 Q2 2026

Historical avgQ2 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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