FINANCE NOTE

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

Operations

As of August 30, 2026
Q4 Total Revenue $437M
Divisions
Credo Technology 100.0%

Key Earnings Driver: Active Electrical Cables

Credo Technology’s Q4 revenue increased 157% YoY to $437.0M. FY2026 revenue increased 206% to $1.34B, with the ramp-up of Active Electrical Cable (AEC) solutions at hyperscale data center customers contributing over 99% of the revenue increase.

Key Operating Metrics¹

METRIC

STATUS

Credo Technology

🟢 Scaling

Active Electrical Cables

🟢 Scaling

Key Financial Metrics

Gross Margin
68.2%
+1 pp YoY
Free Cash Flow Conversion
40.6%
Backlog / Rev. N/A
CapEx Intensity 1.09%

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from Credo Technology website and/or SEC filings for Q4, with status based on reported data.