Jul 2026 (Q1 FY27) — Sep 1, 2026
Credo Technology Group Holding Ltd Q1 FY27 — Record Revenue and Optical Growth
Read the full callCredo Technology Group Holding earnings: last reported Tue, 1 Sep 2026, for the quarter ended Jul 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 479 | +114.7% YoY | Quarterly, as filed | Quarter to Aug 2026 | Revenue from operations as filed. |
| Operating margin | 25.2 | −2.0 pts YoY | Operating profit / revenue | Quarter to Aug 2026 | For the quarter; a change is in percentage points. |
| Net profit | 129 | +104.1% YoY | Quarterly, as filed | Quarter to Aug 2026 | Profit after tax as filed. |
Guidance
33 of 37 judged targets kept · 32 open · verdicts reflect calls analysed to Apr 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Each of the top four Q2 fiscal 2026 customers to grow significantly year-over-year in fiscal 2026 | each of our top 4 customers from Q2 to grow significantly year-over-year in fiscal year '26 | Oct 2025 | Q4 marks another revenue record, driven by substantial year-over-year growth across 4 domestic customers. | Achieved |
| Q4 fiscal 2026 non-GAAP operating expenses | $76 million to $80 million | Jan 2026 | Total non-GAAP operating expenses in the fourth quarter were $81.7 million, above the high end of our guidance range due to our strong R&D investment and up 6% sequentially. | Missed |
| Fiscal 2027 revenue growth | more than 50% year-over-year growth | Jan 2026 | driving more than 80% year-over-year total revenue growth for the full year | Revised Up |
4 of Credo Technology Group Holding Ltd's 69 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 66 more targets are in the full ledger.
Claimed
Qualified
Price
1Y: $143.61 on 17 Oct 2025 → $172.81. High $302.52 (22 Jun 2026), low $87.81 (30 Mar 2026).
Overview
Guidance
33 of 37 judged targets kept · 32 open · verdicts reflect calls analysed to Apr 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Each of the top four Q2 fiscal 2026 customers to grow significantly year-over-year in fiscal 2026 | each of our top 4 customers from Q2 to grow significantly year-over-year in fiscal year '26 | Oct 2025 | Q4 marks another revenue record, driven by substantial year-over-year growth across 4 domestic customers. | Achieved |
| Q4 fiscal 2026 non-GAAP operating expenses | $76 million to $80 million | Jan 2026 | Total non-GAAP operating expenses in the fourth quarter were $81.7 million, above the high end of our guidance range due to our strong R&D investment and up 6% sequentially. | Missed |
| Fiscal 2027 revenue growth | more than 50% year-over-year growth | Jan 2026 | driving more than 80% year-over-year total revenue growth for the full year | Revised Up |
Claimed
Qualified
The full ledger
A free account opens 5 company ledgers a month. All 69 tracked commitments, with each call’s wording and source.
Call summaries
Credo Technology Group Holding Ltd Q1 FY27 — Record Revenue and Optical Growth
Read the full callCredo Technology Q4 FY26 — Record $437M quarter caps a year of revenue tripling past $1.3B
Read the full callCredo Technology Group Holding Ltd Q3 FY26 — Record Revenue and Strong AI Connectivity Growth
Read the full callEvery analysed call
Financials
Net profit, year on year: +104% (quarter to aug 2026 against aug 2025).
| Line item | Nov 2024 | Feb 2025 | May 2025 | Aug 2025 | Nov 2025 | Jan 2026 | May 2026 | Aug 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 72 | 135 | 170 | 223 | 268 | 407 | 437 | 479 |
| Operating profit | -8 | 26 | 34 | 61 | 79 | 150 | 156 | 121 |
| Operating margin | −11.7% | 19.4% | 19.9% | 27.2% | 29.4% | 36.8% | 35.7% | 25.2% |
| Profit before tax | -4 | 30 | 38 | 65 | 84 | 159 | 168 | 129 |
| Tax rate | −7.4% | 2.5% | 2.7% | 2.0% | 1.3% | 1.2% | −0.7% | −0.5% |
| Net profit | -4 | 29 | 37 | 63 | 83 | 157 | 169 | 129 |
| EPS ($ per share) | -0.03 | 0.17 | — | 0.37 | 0.47 | 0.86 | — | 0.70 |
| Line item | Apr 2020 | Apr 2021 | Apr 2022 | Apr 2023 | Apr 2024 | May 2025 | May 2026 |
|---|---|---|---|---|---|---|---|
| Equity capital | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | — | -68 | -90 | -107 | -135 | -83 | 389 |
| Total liabilities | — | 13 | 42 | 50 | 62 | 128 | 232 |
| Fixed assets | — | 14 | 22 | 40 | 44 | 64 | 102 |
| Investments | — | — | 0 | 109 | 343 | 195 | 278 |
| Total assets | — | 155 | 376 | 397 | 602 | 809 | 2,296 |
| Line item | Apr 2020 | Apr 2021 | Apr 2022 | Apr 2023 | Apr 2024 | May 2025 | May 2026 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -10 | -42 | -31 | -25 | 33 | 65 | 464 |
| Cash from investing | -9 | -6 | -18 | -131 | -249 | 112 | -254 |
| Cash from financing | 61 | 78 | 204 | 5 | 175 | -8 | 718 |
| Net cash flow | 42 | 30 | 156 | -151 | -42 | 169 | 929 |
| Capital expenditure | -9 | -6 | -18 | -22 | -16 | -36 | -57 |
| Free cash flow | -19 | -48 | -48 | -46 | 17 | 29 | 407 |
| Segment | Q3 FY2024 | FY2025 | Q2 FY2025 | Q3 FY2025 | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | Q4 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Reportable | — | — | — | — | — | 100% | 100% | 100% | — |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Q4 FY2026 · share of revenue
As CRDO cuts its regions in its filings; they can nest, so they need not add to 100%.
754 filings between Oct 20, 2025 and Oct 13, 2026.
Purchases
None
No insider bought shares.
Sales
$442.93M
682 sales by 10 insiders
94% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Also filed: 20 gifts.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Cheng Chi Fung | — | $202.89M | Oct 13, 2026 |
| Lam Yat Tung | — | $157.11M | Oct 1, 2026 |
| Brennan William Joseph | — | $56.04M | Sep 14, 2026 |
| Fleming Daniel W. | — | $15.76M | Oct 8, 2026 |
| Laufman James | — | $7.53M | Oct 1, 2026 |
| ACEVEDO SYLVIA | — | $1.16M | Jun 5, 2026 |
| Sutardja, Pantas | — | $923.1K | Oct 12, 2026 |
| HOSEIN CLYDE | — | $905.3K | Jul 1, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 13, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 2,700 | $523.0K |
| Oct 13, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 1,401 | $275.3K |
| Oct 13, 2026 | Kelleher Brian Director | Award | 1,222 | $0 |
| Oct 13, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 2,499 | $488.9K |
| Oct 13, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 1,301 | $249.0K |
| Oct 13, 2026 | DANESH FARIBA Director | Award | 1,222 | $0 |
| Oct 13, 2026 | ACEVEDO SYLVIA Director | Award | 1,222 | $0 |
| Oct 13, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 1,550 | $295.0K |
| Oct 13, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 3,241 | $643.4K |
| Oct 13, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 1,456 | $271.0K |
| Oct 13, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 3,360 | $664.8K |
| Oct 13, 2026 | HOSEIN CLYDE Director | Award | 1,222 | $0 |
| Oct 13, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 999 | $192.3K |
| Oct 13, 2026 | Sutardja, Pantas Director | Award 10b5-1 plan | 1,222 | $0 |
| Oct 13, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 1,444 | $270.5K |
| Oct 13, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 200 | $39.9K |
| Oct 13, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 3,150 | $596.4K |
| Oct 13, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 2,999 | $564.5K |
| Oct 13, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 1,200 | $233.4K |
| Oct 13, 2026 | Khaira Manpreet Director | Award | 1,222 | $0 |
| Oct 12, 2026 | Sutardja, Pantas Director | Sale 10b5-1 plan | 1,540 | $326.8K |
| Oct 12, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 3,790 | $765.0K |
| Oct 8, 2026 | Fleming Daniel W. Chief Financial Officer | Sale 10b5-1 plan | 1,711 | $363.1K |
| Oct 8, 2026 | Fleming Daniel W. Chief Financial Officer | Sale 10b5-1 plan | 1,072 | $229.8K |
| Oct 8, 2026 | Fleming Daniel W. Chief Financial Officer | Sale 10b5-1 plan | 2,222 | $473.5K |
| Oct 8, 2026 | Fleming Daniel W. Chief Financial Officer | Sale 10b5-1 plan | 888 | $191.0K |
| Oct 8, 2026 | Fleming Daniel W. Chief Financial Officer | Sale 10b5-1 plan | 1,687 | $356.4K |
| Oct 7, 2026 | Lam Yat Tung Chief Operating Officer | Gift | 200,000 | $0 |
| Oct 7, 2026 | Lam Yat Tung Chief Operating Officer | Gift | 200,000 | $0 |
| Oct 6, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 200 | $42.2K |
| Oct 6, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 300 | $64.3K |
| Oct 6, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 200 | $43.6K |
| Oct 6, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 2,298 | $504.3K |
| Oct 6, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 3,798 | $848.5K |
| Oct 6, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 3,068 | $682.3K |
| Oct 6, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 300 | $64.0K |
| Oct 6, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 7,548 | $1.66M |
| Oct 6, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 2,300 | $515.9K |
| Oct 6, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 1,000 | $225.2K |
| Oct 6, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 200 | $45.2K |
| Oct 6, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 6,188 | $1.37M |
| Oct 6, 2026 | Cheng Chi Fung Chief Technology Officer | Sale 10b5-1 plan | 100 | $21.2K |
| Oct 5, 2026 | Cheng Chi Fung Chief Technology Officer | Tax withheld 10b5-1 plan | 2,460 | $537.9K |
| Oct 5, 2026 | Lam Yat Tung Chief Operating Officer | Tax withheld | 3,180 | $695.3K |
| Oct 5, 2026 | Fleming Daniel W. Chief Financial Officer | Tax withheld | 2,460 | $537.9K |
| Oct 5, 2026 | Brennan William Joseph Pres & Chief Executive Officer | Tax withheld | 6,149 | $1.34M |
| Oct 2, 2026 | Brennan William Joseph Pres & Chief Executive Officer | Tax withheld | 6,149 | $1.29M |
| Oct 2, 2026 | Fleming Daniel W. Chief Financial Officer | Tax withheld | 2,460 | $517.0K |
| Oct 2, 2026 | Lam Yat Tung Chief Operating Officer | Tax withheld 10b5-1 plan | 3,180 | $668.3K |
| Oct 1, 2026 | Laufman James Chief Legal Officer, Secretary | Sale | 5,000 | $1.02M |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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