Credo Technology Group Holding (NASDAQ:CRDO) First Quarter 2026 Results

Key Financial Results

• Revenue: US$223.1m (up 274% from 1Q 2025).
• Net income: US$63.4m (up from US$9.54m loss in 1Q 2025).
• Profit margin: 28% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue.
• EPS: US$0.37 (up from US$0.058 loss in 1Q 2025).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Credo Technology Group Holding Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) also surpassed analyst estimates by 60%.

Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in the US.

The company's shares are up 20% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Credo Technology Group Holding has 1 warning sign we think you should be aware of.

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