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Cirrus Logic, Inc.

Cirrus Logic, Inc.

NASDAQ•CRUS
CEO: Mr. John M. Forsyth
Sector: Technology
Industry: Semiconductors
Listing Date: 1989-06-09
Cirrus Logic, Inc., a fabless semiconductor company, develops low-power high-precision mixed-signal processing solutions in China, the United States, and internationally. The company offers audio products, including amplifiers; codecs components that integrate analog-to-digital converters (ADCs) and digital-to-analog converters (DACs) into a single integrated circuit (IC); smart codecs, a codec with integrated digital signal processing; standalone digital signal processors; and SoundClear technology, which consists of a portfolio of tools, software, and algorithms that helps to enhance user experience with features, such as louder, high-fidelity sound, audio playback, voice capture, and hearing augmentation for use in smartphones, tablets, laptops, AR/VR headsets, home theater systems, automotive entertainment systems, and professional audio systems. It also provides high-performance mixed-signal products comprising camera controllers, haptic and sensing solutions, and battery and power ICs for use in smartphones, as well as legacy industrial and energy applications, such as digital utility meters, power supplies, energy control, energy measurement, and energy exploration. The company markets and sells its products through direct sales force, external sales representatives, and distributors. Cirrus Logic, Inc. was incorporated in 1984 and is headquartered in Austin, Texas.
Contact Information
800 West 6th Street, Austin, TX, 78701, United States
512-851-4000
www.cirrus.com
Market Cap
$7.25B
P/E (TTM)
18.0
53.1
Dividend Yield
--
52W High
$144.76
52W Low
$75.83
52W Range
96%
Rank24Top 10.8%
5.7
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.7 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q3 2026 Data

Revenue

$580.62M+4.48%
4-Quarter Trend

EPS

$2.75+25.57%
4-Quarter Trend

FCF

$285.75M+34.71%
4-Quarter Trend

2026 Q3 Earnings Highlights

Key Highlights

Revenue Growth Nine Months Net sales reached $1.55B USD for nine months, marking a 5% increase over prior period results.
Net Income Surge Q3 Net Income $140.3M USD, showing strong profitability growth of 20.9% versus the prior year period.
Operating Cash Flow Nine months operating cash flow $499.2M USD, reflecting a substantial 59% increase year-to-date.
Diluted EPS Improvement Diluted earnings per share $6.27 USD for nine months, significantly higher than $4.69 USD last year.

Risk Factors

Customer Concentration Risk Top ten customers account for 97% Q3 sales; Apple represents 94% of Q3 revenue via contract manufacturers.
Tax Audit Exposure IRS proposed adjustments include $168.3M tax plus $63.7M in asserted penalties under ongoing examination.
Pricing Pressure Expected Anticipated average selling price declines may reduce revenue, margins, and overall earnings going forward.
Talent Acquisition Difficulty Intense competition for qualified technical personnel limits ability to develop new products or enhance existing ones.

Outlook

Strategic Growth Focus Executing three-pronged strategy focusing on smartphone audio leadership and increasing HPMS content expansion.
New Product Sampling Sampling new voice interface component for AI-enabled PCs and new family of automotive haptic components.
Capital Allocation Plan $344.1M remains available under March 2025 authorization for common stock repurchases during the period.
Liquidity Position Strong Cash and equivalents $778.1M USD expected to meet capital requirements both short and long-term needs.

Peer Comparison

Revenue (TTM)

Arrow Electronics, Inc.ARW
$30.85B
+10.5%
Kyndryl Holdings, Inc.KD
$15.12B
+0.1%
Amkor Technology, Inc.AMKR
$6.71B
+6.2%

Gross Margin (Latest Quarter)

Dolby Laboratories, Inc.DLB
87.5%
-1.0pp
Universal Display CorporationOLED
71.2%
-6.6pp
SiTime CorporationSITM
56.4%
+2.4pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
AMKR$13.21B35.38.7%18.6%
ONTO$10.81B61.69.0%0.6%
SITM$10.80B-252.7-4.2%0.0%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
11.0%
Steady Growth
4Q Net Income CAGR
25.3%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:May 4, 2026
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EPS:-
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Revenue:-
Reports
Financials
All Years
  • Form 10-Q - Q3 2026

    Period End: Dec 27, 2025|Filed: Feb 3, 2026|
    Revenue: $580.62M+4.5%
    |
    EPS: $2.75+25.6%
    Beat
  • Form 10-Q - Q2 2026

    Period End: Sep 27, 2025|Filed: Nov 4, 2025|
    Revenue: $560.96M+3.5%
    |
    EPS: $2.57+33.9%
    Beat
  • Form 10-Q - Q1 2026

    Period End: Jun 28, 2025|Filed: Aug 5, 2025|
    Revenue: $407.27M+8.9%
    |
    EPS: $1.17+48.1%
    Beat
  • Form 10-K - FY 2025

    Period End: Mar 29, 2025|Filed: May 23, 2025|
    Revenue: $1.90B+6.0%
    |
    EPS: $6.24+23.3%
    Miss
  • Form 10-Q - Q3 2025

    Period End: Dec 28, 2024|Filed: Feb 4, 2025|
    Revenue: $555.74M-10.2%
    |
    EPS: $2.19-14.8%
    Beat
  • Form 10-Q - Q2 2025

    Period End: Sep 28, 2024|Filed: Nov 4, 2024|
    Revenue: $541.86M+12.6%
    |
    EPS: $1.92+39.1%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Jun 29, 2024|Filed: Aug 6, 2024|
    Revenue: $374.03M+18.0%
    |
    EPS: $0.79+182.1%
    Beat
  • Form 10-K - FY 2024

    Period End: Mar 30, 2024|Filed: May 24, 2024|
    Revenue: $1.79B-5.7%
    |
    EPS: $5.06+59.1%
    Miss