Latest Earnings Results: Q1 '26
Estimated EPS
$1.17
Reported EPS
$1.20
Surprise
+2.22%
Estimated Rev
$473.3M
Reported Rev
$479M
Surprise
+1.21%
• Reported GAAP EPS of $1.20 up 130.77% YoY • Reported revenue of $479M up 114.73% YoY • For the second quarter of fiscal 2027, Credo expects revenue between $525M and $535M, GAAP gross margin between 62.9% and 64.9%, and non-GAAP gross margin between 67.0% and 69.0%.
Bullish Takeaway
Credo delivered first quarter fiscal 2027 revenue of $479M and non-GAAP net income of $236.3M, representing 115% and 140% year-over-year growth as AI infrastructure connectivity demands scale.
Bearish Takeaway
Credo faces margin compression with GAAP gross margin dropping to 64.5%, sequential GAAP net income contraction to $129.4M from higher operating expenses, and substantial cash outflows from acquisition and integration activities.
Generated by Stocktwits using AI and company-reported earnings data for Q1 '26. This recap is intended to help readers understand the quarter quickly. Verify key figures in the linked source materials; the summary may contain errors and is not investment advice.
Historical Earnings
Quarterly
Annual
EPS
Revenue
| Fiscal Period | Estimated | Reported | Surprise | Result |
|---|---|---|---|---|
Q2 '26 | $1.28 | -- | -- | N/A |
Q1 '26 | $1.17 | $1.20 | 2.22% | BEAT |
Q4 '25 | $1.02 | $1.16 | 13.18% | BEAT |
Q3 '25 | $0.91 | $1.07 | 17.37% | BEAT |
Q2 '25 | $0.49 | $0.67 | 36.24% | BEAT |