Credo FY2026 revenue more than triples to $1.335B; guides above 80% growth for FY2027

Credo Technology

Credo's fiscal 2026 revenue rose to $1.335B from $437M, driven by AI data-centre demand for its copper cables. Fourth-quarter revenue of $437M was up 157% year on year and matched the whole of the prior year.

• Non-GAAP net income rose more than five-fold to $662M.
• Q4 non-GAAP gross margin 68.3%.
• Q1 FY2027 revenue guided at $465-475M.
• On the call, management guided FY2027 growth above 80%, with optical products above $600M.