FINANCE NOTE

Credo Technology (NASDAQ: CRDO) — Q1 FY2027 Post Earnings

Operations

As of September 2, 2026
Q1 Revenue ↑ 114.7% YoY $479M
Divisions
Credo Technology 100.0%

Key Earnings Driver

Active Electrical Cables Credo Technology’s Q1 revenue increased 114.7% year over year to $479.0M. The ramp-up of AEC solutions at hyperscale data center customers contributed over 90% of the revenue increase.

Key Operating Metrics¹

METRIC

STATUS

Credo Technology↑ 114.7%

Active Electrical Cables

🟢 Scaling

Key Financial Metrics

Gross Margin 64.50% -2.9 pp YoY
Backlog / Revenue 876.0% 8.76x Qtr Rev
CapEx Intensity 1.52% 0.01x Revenue

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from Credo Technology website and/or SEC filings for Q1, with status based on reported data.