Credo fiscal 2026 revenue tops $1.3 billion; Q1 fiscal 2027 guided to $465-475 million

Credo reported fiscal fourth-quarter revenue of $437.0 million, up 157% from a year earlier, and full-year fiscal 2026 revenue of about $1.3 billion, more than triple the prior year. Non-GAAP net income for the year rose more than fivefold to $662 million. Credo guided first-quarter fiscal 2027 revenue to $465 million to $475 million, with non-GAAP gross margin of 67.0% to 69.0%.

• Q4 FY2026 revenue $437.0 million, up 157.0% year over year and 7.4% sequentially
• Q4 non-GAAP gross margin 68.3%; GAAP gross margin 68.2%
• Q4 non-GAAP diluted EPS $1.16; GAAP diluted EPS $0.88
• Q1 FY2027 revenue guidance $465 million to $475 million
• Cash and short-term investments of $1.4 billion at fiscal year-end