Credo Technology Group Holding Ltd reported preliminary third quarter fiscal year 2026 revenue well above prior expectations, driven by accelerating demand for high-speed connectivity in AI and data-center infrastructure. The company now expects Q3 FY26 revenue between $404 million and $408 million, significantly exceeding its previous guidance range of $335 million to $345 million.
Looking ahead, Credo updated its outlook for the fourth quarter of fiscal year 2026 and beyond. The company expects sequential revenue growth in the mid-single digits through the end of FY26 and into FY27, translating to more than 200% year-over-year revenue growth in the current fiscal year. Management attributed the momentum to continued scaling of its high-speed copper and optical interconnect portfolio.
Credo will provide additional detail during its Q3 FY26 earnings conference call on March 2, 2026, at 2:00 p.m. PT, with full financial results released after market close the same day. The company noted that the revenue figures remain preliminary and unaudited.
- Q3 FY26 preliminary revenue: $404M–$408M
- Prior Q3 guidance: $335M–$345M
- Expected FY26 growth: >200% year over year
- Outlook: mid-single-digit sequential growth into FY27
- Earnings call: March 2, 2026, 2:00 p.m. PT
“A strong finish to the quarter reflects increasing adoption of our energy-efficient connectivity solutions as customers scale AI infrastructure,” the company said in its release.
🌐 Analysis
Credo’s updated outlook reinforces how rapidly AI-driven infrastructure is translating into near-term semiconductor revenue, particularly for suppliers of AECs, optical modules, and retimers. As hyperscalers and system vendors push toward denser racks and faster interconnects, Credo’s results place it alongside a small group of connectivity specialists posting triple-digit growth tied directly to AI cluster buildouts.
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