Every material Form 8-K Credo Technology Group Holding Ltd has filed with the SEC since April 13, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Credo Technology Group reported first-quarter fiscal 2027 revenue of $479.0 million, up 114.7% from a year earlier and 9.6% from the prior quarter. GAAP net income was $129.4 million, or $0.67 per diluted share, down from $169.1 million in the prior quarter but up from $63.4 million a year earlier. The company guided second-quarter revenue to $525 million to $535 million.
Q1 fiscal 2027 revenue was $479.0 million, up 114.7% year over year and 9.6% quarter over quarter.
GAAP diluted EPS was $0.67, compared with $0.88 in the prior quarter and $0.34 a year earlier; non-GAAP diluted EPS was $1.20, compared with $1.16 in the prior quarter.
Q2 fiscal 2027 outlook calls for revenue of $525 million to $535 million and non-GAAP gross margin of 67.0% to 69.0%.
Ending cash and short-term investments totaled $764.3 million as of August 1, 2026.
Credo reported fourth-quarter and fiscal 2026 results, with quarterly revenue of $437.0 million and full-year revenue of $1.3 billion, and guided first-quarter fiscal 2027 revenue to $465.0 million to $475.0 million. The same filing disclosed a one-time performance-based equity award for CEO William Brennan that vests only if revenue and stock price targets are met over a five-year period ending June 30, 2031.
Q4 fiscal 2026 revenue of $437.0 million rose 157.0% year over year and 7.4% quarter over quarter; GAAP diluted net income per share was $0.88, versus $0.20 a year earlier.
Fiscal 2026 revenue was $1.3 billion, compared with $436.8 million in fiscal 2025; GAAP net income was $472.3 million, versus $52.2 million.
First-quarter fiscal 2027 revenue is expected to be between $465.0 million and $475.0 million.
On May 28, 2026, the board approved special PSUs for CEO William Brennan: six tranches of 239,500 shares each, tied to revenue goals from $2.5 billion to $7.5 billion and stock price goals from $244.70 to $489.40.
Credo Technology Group agreed on April 13, 2026 to acquire 100% of DustPhotonics Ltd., an Israeli silicon photonics developer, for upfront consideration of $750 million in cash and about 0.92 million Credo ordinary shares. The deal also allows for up to about 3.21 million additional shares tied to financial milestones, so shareholders would face share issuance and the acquisition is expected to close in the second quarter of calendar 2026, subject to closing conditions and regulatory approvals.
Upfront consideration: $750 million in cash plus about 0.92 million Credo ordinary shares
Contingent consideration: up to about 3.21 million additional shares based on financial milestones
Expected close: second quarter of calendar 2026, subject to regulatory approvals
Credo expects the deal to be accretive to non-GAAP earnings per share in fiscal 2027
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