Every 8-K that Credo Technology Group (CRDO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow CRDO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CRDO filings page.
Credo Technology Group Holding Ltd (CRDO) reported very strong results for the first quarter of fiscal 2027, ended August 1, 2026. Revenue was $479.0 million, up 9.6% sequentially and 114.7% year over year, reflecting rapid growth in its connectivity solutions portfolio serving AI data infrastructure.
GAAP gross margin was 64.5%, with GAAP net income of $129.4 million, or $0.67 diluted EPS. On a non-GAAP basis, gross margin was 68.0% and net income was $236.3 million, or $1.20 diluted EPS; management highlighted revenue and non-GAAP net income growth of 115% and 140% year over year, respectively. Cash and short-term investments totaled $764.3 million at quarter end.
For the second quarter of fiscal 2027, Credo expects revenue between $525 million and $535 million. It guides GAAP gross margin to 62.9%–64.9% and non-GAAP gross margin to 67.0%–69.0%, with GAAP operating expenses of $199–$204 million and non-GAAP operating expenses of $100–$105 million, implying continued growth with elevated investment and substantial share-based compensation and acquisition-related adjustments.
Credo Technology Group Holding Ltd reported very strong results for the fourth quarter and fiscal year 2026 and approved a major long-term equity incentive for its CEO. Fourth-quarter revenue reached $437.0 million, up 7.4% sequentially and 157.0% year over year, with GAAP net income of $169.1 million and GAAP diluted earnings per share of $0.88.
For fiscal 2026, revenue was $1.34 billion, more than tripling versus the prior year, while non-GAAP net income rose to $661.5 million and non-GAAP diluted earnings per share reached $3.46. Gross margins remained high on both a GAAP and non-GAAP basis, and the company ended the year with $1.4 billion in cash and short-term investments.
The board granted CEO William Brennan a one-time, 100% performance-based PSU award of up to 1,437,000 ordinary shares, vesting in six equal tranches tied to ambitious revenue goals ranging from $2.5 billion to $7.5 billion and stock price hurdles from $244.70 to $489.40 over a performance period ending June 30, 2031.
Credo Technology Group Holding Ltd agreed to acquire Israeli silicon photonics developer DustPhotonics for upfront consideration of $750,000,000 in cash plus approximately 0.92 million Credo ordinary shares, with potential additional earnout of up to about 3.21 million shares based on financial milestones.
The deal brings DustPhotonics’ Silicon Photonics Photonic Integrated Circuit technology for 400G, 800G and 1.6T (with a roadmap to 3.2T) into Credo, creating a vertically integrated optical and electrical connectivity stack for AI data centers and hyperscale networks. Credo expects its combined ZeroFlap Optical Transceivers, optical DSPs and silicon photonics products to generate more than $500 million in optical revenue in fiscal 2027 and to make the transaction accretive to non-GAAP earnings per share in that year.
The acquisition is expected to close in the second quarter of calendar 2026, subject to customary closing conditions and regulatory approvals, and Credo is providing the equity component as unregistered shares under Securities Act exemptions with customary piggyback registration rights for recipients.
Credo Technology Group Holding Ltd reported very strong third-quarter fiscal 2026 results, with revenue of $407.0 million, up 51.9% sequentially and 201.5% year over year. GAAP gross margin was 68.5% and non-GAAP gross margin was 68.6%, reflecting a highly profitable mix.
GAAP net income reached $157.1 million, or $0.82 per diluted share, while non-GAAP net income was $208.8 million, or $1.07 per diluted share. Cash and short-term investments totaled about $1.3 billion, supporting a strong balance sheet.
For the fourth quarter of fiscal 2026, Credo expects revenue between $425.0 million and $435.0 million, GAAP gross margin of 63.9%–65.9% and non-GAAP gross margin of 64.0%–66.0%. The company highlights growing demand tied to AI infrastructure and new product platforms such as ZeroFlap optics, ALCs, and OmniConnect.
Credo Technology Group Holding Ltd preannounced stronger-than-expected results for the third quarter of fiscal 2026. The company expects revenue between $404 million and $408 million, above its earlier guidance range of $335 million to $345 million.
Credo also now expects sequential revenue growth in the mid-single digits and projects more than 200% year-over-year revenue growth for the current fiscal year. The company will discuss full results for the quarter ended January 31, 2026 on a conference call scheduled for March 2, 2026 at 2:00 p.m. Pacific Time.
Credo Technology Group Holding Ltd announced a board change. On October 23, 2025, director Lip‑Bu Tan resigned, and the company stated the resignation was not due to any disagreement regarding operations, policies, or practices.
Effective October 27, 2025, the Board elected Brian Kelleher as a Class III director to fill the vacancy, serving until the Class III term expires at the 2027 annual meeting or until a successor is elected and qualified. The Board determined he is independent under SEC and Nasdaq rules. Kelleher, 62, formerly served as Senior Vice President of Hardware Engineering at NVIDIA, leading GPU product development, with prior roles at 3dfx, Dynamic Pictures, and Digital Equipment Corp. He will be compensated under Credo’s non‑employee director compensation policy and will enter into the company’s standard indemnification agreement.
Credo Technology Group (CRDO) reported shareholder voting results from its October 13, 2025 Annual General Meeting. Shareholders elected three Class I directors—William J. Brennan, Yat Tung Lam, and Chi Fung Cheng—to serve until the earlier of the 2028 meeting or their resignation or removal.
Shareholders approved, on a non-binding advisory basis, the compensation of named executive officers with 116,591,772 votes For, 7,323,034 Against, and 128,406 Abstain, with 19,936,565 broker non-votes. They also ratified Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending May 2, 2026, with 143,658,171 votes For, 50,606 Against, and 271,000 Abstain.
Credo Technology Group Holding Ltd entered into an equity distribution agreement with Goldman Sachs & Co. LLC to sell its ordinary shares from time to time with an aggregate offering price of up to $750,000,000.
The shares may be sold as an at-the-market offering under SEC Rule 415, including ordinary broker transactions, trades through market makers, on or through the Nasdaq Global Select Market or other venues, in the over-the-counter market, or using other methods permitted by law. The detailed terms of this at-the-market program are set out in the equity distribution agreement, which is filed as an exhibit.
Credo Technology Group Holding Ltd furnished a current report describing the release of its latest quarterly results. On September 3, 2025, the company issued a press release announcing its financial results for the fiscal quarter ended August 2, 2025, and attached this press release as Exhibit 99.1 to the report. The company notes that this information is being furnished rather than filed, meaning it is not subject to certain liability provisions under U.S. securities laws or automatically incorporated into other securities filings.