CRDO Credo Technology Group Holding Ltd
Price Chart
Executive Summary
Credo Technology reported Q4 FY2026 revenue of $437.0M (+157% YoY) and GAAP diluted EPS of $0.88, with non-GAAP diluted EPS of $1.16. Revenue slightly missed the $470.4M consensus, while non-GAAP EPS matched the $1.16 estimate. The company guided Q1 FY2027 revenue to $465M-$475M, below the $470.4M midpoint of consensus. Separately, the board granted CEO William Brennan a massive performance-based equity award tied to ambitious revenue and stock price targets, signaling strong alignment with long-term shareholder value creation.
Key Financial Metrics
Actionable Insight
Revenue slightly missed consensus and Q1 guidance came in below the consensus midpoint, which could pressure the stock in the near term. However, the massive CEO performance award signals confidence in long-term growth. Monitor the Q1 earnings call for commentary on demand trends and the trajectory toward the $5B strategic revenue target.
Key Facts
- Q4 FY2026 revenue of $437.0M, up 157% YoY but slightly below $470.4M consensus
- GAAP diluted EPS of $0.88; non-GAAP diluted EPS of $1.16, in line with consensus
- Q1 FY2027 revenue guidance of $465M-$475M, below the $470.4M consensus midpoint
- Full FY2026 revenue of $1.335B, more than tripling from $436.8M in FY2025
- Non-GAAP net income for FY2026 was $661.5M, up from $129.9M in FY2025
- CEO awarded special PSUs for up to 1.437M shares tied to revenue hurdles up to $7.5B and stock price targets up to $489.40
- Cash and short-term investments of $1.4B at quarter end
- GAAP gross margin of 68.2%, non-GAAP gross margin of 68.3%
Financial Impact
Revenue of $437.0M vs $470.4M consensus (-7.1% miss); non-GAAP EPS of $1.16 in line with consensus; Q1 guidance midpoint $470M vs $470.4M consensus
Risk Factors
- Revenue miss vs consensus may trigger short-term selling
- Q1 guidance below consensus midpoint could disappoint growth expectations
- Massive CEO equity award introduces potential dilution if all tranches vest (up to 1.44M shares)
- High valuation at $40B market cap on $1.34B revenue (30x sales) leaves little room for execution missteps
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001628280-26-039474 |
| Document: crdo-20260528.htm | 0001628280-26-039474 |
| Document: 0001628280-26-039474-index-headers.html | 0001628280-26-039474 |
| Document: 0001628280-26-039474-index.html | 0001628280-26-039474 |
| Document: 0001628280-26-039474.txt | 0001628280-26-039474 |
| 8-K Data (Synthetic) | 0001628280-26-039474 |
Filters
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Jun 11, 2026
1d ago
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Insider Cluster
| $266.30 awaiting T+1 | awaiting T+1 | — | $250.81 (−5.82%) |
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Jun 9, 2026
3d ago
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144
| $235.30 awaiting T+1 | awaiting T+1 | — | $250.81 (+6.59%) |
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Jun 9, 2026
3d ago
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Insider Cluster
| $235.95 awaiting T+1 | awaiting T+1 | — | $250.81 (−6.30%) |
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Jun 8, 2026
4d ago
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Insider Cluster
| $221.43 awaiting T+1 | awaiting T+1 | — | $250.81 (+13.27%) |
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Jun 4, 2026
8d ago
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144
| $208.12 awaiting T+1 | awaiting T+1 | — | $250.81 (+20.51%) |
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Jun 1, 2026
11d ago
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8-K
| $229.00 $214.60 | ▼ −6.29% | ▼ −5.57% | $250.81 (+9.52%) |
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Apr 15, 2026
8w ago
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144
| $158.93 $160.69 | ▲ +1.11% | ▼ −0.11% | $250.81 (+57.81%) |
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Apr 15, 2026
8w ago
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Insider Cluster
| $168.35 $158.93 | ▲ +5.60% | ▲ +5.85% | $250.81 (−48.98%) |
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Apr 14, 2026
8w ago
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Insider Cluster
| $159.52 $168.35 | ▲ +5.54% | ▲ +4.76% | $250.81 (+57.23%) |
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Apr 13, 2026
8w ago
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8-K
| $159.52 $168.35 | ▲ +5.54% | ▲ +4.76% | $250.81 (+57.23%) |
US Market Status
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