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1、NEWS RELEASECredo Technology Group Holding Ltd Reports SecondQuarter of Fiscal Year 2026 Financial Results2025-12-01SAN JOSE,Calif.-(BUSINESS WIRE)-Credo Technology Group Holding Ltd(Credo)(Nasdaq:CRDO),an innovator inproviding reliable,energy-e?cient,system-level connectivity solutions for the next

2、 generation of AI-drivenapplications,cloud computing and hyperscale networks,today reported?nancial results for the second quarter of?scal year 2026,ended November 1,2025.Second Quarter of Fiscal Year 2026 Financial HighlightsRevenue of$268.0 million,grew by 20.2%quarter over quarter and 272.1%year

3、over yearGAAP gross margin of 67.5%and non-GAAP gross margin of 67.7%GAAP operating expenses of$102.3 million and non-GAAP operating expenses of$57.3 millionGAAP net income of$82.6 million and non-GAAP net income of$127.8 millionGAAP diluted net income per share of$0.44 and non-GAAP diluted net inco

4、me per share of$0.67Ending cash and short-term investment balance of$813.6 millionManagement CommentaryBill Brennan,Credos President and Chief Executive O?cer,stated,“In the second quarter Credo delivered revenueof$268.0 million,an increase of 20%sequentially and an extraordinary 272%increase year-o

5、ver-year.These are thestrongest quarterly results in Credos history,and they re?ect the continued build-out of the worlds largest AItraining and inference clusters.Looking forward,the combination of continued growth in our core AEC and ICfranchises,plus the upcoming ramps of our recently announced Z

6、eroFlap Optics,ALCs,and OmniConnect gearboxsolutions,gives us an outlook with strong revenue growth and pro?tability through?scal 2026 and beyond.”1Third Quarter of Fiscal 2026 Financial OutlookRevenue is expected to be between$335.0 million and$345.0 millionGAAP gross margin is expected to be betwe