CRDO Credo Technology
What matters nowUpdated 4 days ago
- Credo reported fiscal Q1 2027 results on September 1, 2026, with revenue of $479.0 million, up 115% from a year earlier. The 10-Q followed on September 2, and the company guided fiscal Q2 2027 revenue to $525 million to $535 million.
- CRDO traded at 189.05 on the pooled 24/7 venue price, down 4.08% from the previous close of 197.09. Recent daily moves include a 10.00% fall on October 12, a 4.51% fall on October 8, and gains of 6.85% on October 1 and 4.93% on October 2.
- Trailing twelve-month revenue is $1.59 billion as of August 1, 2026, up 165.1% year on year, with the latest quarter up 114.7%. Gross margin is 67.1%, operating margin 31.7%, net margin 33.8% and free cash flow margin 27.6%.
- At a market capitalization of $35.5 billion, the stock trades on 67.0 times trailing earnings, 22.3 times sales and 65.4 times EV/EBITDA. Insiders sold 1.02 million shares worth $217.6 million in 37 sales over the last 180 days, 27 of them planned, and bought no shares.
- The next earnings report, for fiscal Q2 2027, is estimated for December 1, 2026 and is not confirmed.
Valuation & fundamentalsFull financials →
TTM through 2026-08-01 from SEC filings↗ (some quarters derived from annual and year-to-date figures). Ratios use our pooled 24/7 price. Quarterly statements →
Every venue
| Venue | Price | vs pool | 24h vol | Open int. | Funding 8h |
|---|---|---|---|---|---|
| binance perp CRDOUSDT · just now | 168.43 | +0.05% | $2.0M | $1.2M | 0.0000% |
| bitget perp CRDOUSDT · just now | 168.46 | +0.07% | $570.2K | $620.7K | 0.0000% |
| hyperliquid perp para:CRDO · just now | 168.38 | +0.02% | $21.5K | $610.1K | -0.1519% |
| aster perp CRDOUSDT · just now | 168.86 | +0.31% | $1.6K | $37.2K | 0.0000% |
| bybit perp CRDOUSDT · stale | 170.01 | +0.99% | $751.3K | $466.8K | 0.0000% |
| okx perp CRDO-USDT-SWAP · stale | 169.76 | +0.84% | $707.5K | $415.1K | 0.0000% |
Pooled price = volume-weighted median of venues within 2% of each other. Venue markets for stocks, indices and gold are 24/7 perpetual contracts; they track but are not the official exchange price.
Open interest, 120 days
US$ millions, all venues
Funding, 120 days
Annualised %, OI-weighted. Positive: longs pay shorts.
NewsAll news →
Credo stock sinks after first-quarter report as gross margin dips and valuation weighs
Credo shares fell sharply in the week after the fiscal first-quarter report, which beat estimates on revenue and adjusted EPS.
Credo reports fiscal Q1 2027 results: revenue $479.0M, up 115% from a year earlier
Credo filed a Form 8-K with the SEC on Sep 1, 2026, 4:08 PM ET, reporting an event dated Sep 1, 2026.
Credo fiscal Q1 2027 revenue rises 115% to $479 million; Q2 guided to $525-535 million
Credo reported first-quarter fiscal 2027 revenue of $479.0 million, up 114.7% from a year earlier and 9.6% from the prior quarter.
Credo's Toucan Gen6 PCIe retimer passes PCI-SIG 6.x compliance at 64 GT/s
Credo said its Toucan Gen6x16 PCIe retimer passed PCI-SIG 6.x retimer compliance testing at 64.0 GT/s during the PCI-SIG Compliance Workshop that ended July 31, 2026.
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.
Credo shares fall in after-hours trading despite fiscal Q4 beat
Credo shares fell about 13.7% in after-hours trading on June 1, 2026, to $195.32, after the company reported a fourth-quarter beat.
Credo grants CEO Bill Brennan a special performance award of 1.44 million restricted shares
Credo's board approved a one-time special performance-based restricted stock unit award for CEO Bill Brennan on May 28, 2026, disclosed in a June 1 filing.
Credo agrees to buy silicon photonics chipmaker DustPhotonics for $750 million cash plus shares
Credo agreed to acquire DustPhotonics, an Israeli silicon photonics developer, for $750 million in cash and about 0.92 million Credo shares upfront.
Credo starts shipping 800G ZeroFlap optical transceivers for AI networks
Credo announced general availability of its 800G 2 x DR4 ZeroFlap optical transceiver, aimed at link flaps in AI clusters.
Credo reports fiscal Q3 2026 results: revenue $407.0M, up 201% from a year earlier
Credo filed a Form 8-K with the SEC on Mar 2, 2026, 4:09 PM ET, reporting an event dated Mar 2, 2026.
Credo fiscal Q3 revenue rises 201% to $407 million; Q4 guided to $425-435 million
Credo reported fiscal third-quarter revenue of $407.0 million, up 51.9% from the prior quarter and 201.5% from a year earlier, with non-GAAP gross margin of 68.6%.
Credo acquires CoMira Solutions for link-layer, error-correction and security IP
Credo said it has acquired CoMira Solutions, a high-speed connectivity IP company, to add link-layer, error-correction and security semiconductor IP.
Credo's Toucan PCIe retimer earns PCI-SIG compliance at 32 GT/s
Credo said its Toucan PCIe retimer passed PCI-SIG compliance testing at 32.0 GT/s, the PCIe 6.0 speed.
Credo pre-announces fiscal Q3 revenue above range and sets a higher Q4 outlook
Credo said preliminary, unaudited revenue for the fiscal third quarter ended January 31, 2026 would be between $404 million and $408 million, well above its earlier $335 million to $345 million range.
Credo and 3M sign patent license agreement covering active electrical cable patents
Credo announced a patent license and mutual covenant agreement with 3M that covers Credo's active electrical cable patents.