Credo Technology（CRDO）2026财年第三季度业绩报告（「NASDAQ」（英文版）（7页）.pdf

1、NEWS RELEASECredo Technology Group Holding Ltd Reports ThirdQuarter of Fiscal Year 2026 Financial Results2026-03-02SAN JOSE,Calif.-(BUSINESS WIRE)-Credo Technology Group Holding Ltd(Credo)(Nasdaq:CRDO),an innovator inproviding connectivity at scale through fast,reliable,and energy-e?cient system sol

2、utions,today reported?nancialresults for the third quarter of?scal year 2026,ended January 31,2026.Third Quarter of Fiscal Year 2026 Financial HighlightsRevenue of$407.0 million,grew by 51.9%quarter over quarter and 201.5%year over yearGAAP gross margin of 68.5%and non-GAAP gross margin of 68.6%GAAP

3、 operating expenses of$129.2 million and non-GAAP operating expenses of$77.4 millionGAAP net income of$157.1 million and non-GAAP net income of$208.8 millionGAAP diluted net income per share of$0.82 and non-GAAP diluted net income per share of$1.07Ending cash and short-term investment balance of$1.3

4、 billionManagement CommentaryBill Brennan,Credos President and Chief Executive O?cer,stated,“In the third quarter Credo once again deliveredrecord results with revenue of$407.0 million,an increase of more than 50%sequentially and 200%year over year.With continued growth in AECs and ICs and the annou

5、ncement of three new multi-billion dollar TAM expansionsthrough ZeroFlap optics,ALCs,and OmniConnect,we remain con?dent in our ability to innovate and grow in theexpanding AI infrastructure landscape.”Fourth Quarter of Fiscal 2026 Financial Outlook1Revenue is expected to be between$425.0 million and

6、$435.0 millionGAAP gross margin is expected to be between 63.9%and 65.9%,and non-GAAP gross margin is expected tobe between 64.0%and 66.0%GAAP operating expenses are expected to be between 125.5 million and 129.5 million,and non-GAAPoperating expenses are expected to be between$76.0 million and$80.0