CIRRUS LOGIC, INC.

Listed Company

CRUSCIK 0000772406NasdaqLarge AcceleratedSemiconductors & Related DevicesDelawareFY ends Mar 28

Period

FY 2026

Revenue

$2.00B

Net Income

$414.41M

Total Assets

$2.49B

Equity

$2.13B

Shares Out

50.58M

Op. Cash Flow

$650.60M

CRUS$137.83+33.28% · past yearDBEQ Basic

Daily closing prices

Business

Cirrus Logic designs and sells low-power, high-precision mixed-signal semiconductors for smartphones, consumer electronics, and emerging markets. The company offers Audio products (amplifiers, codecs, digital signal processors) and HPMS products (camera controllers, haptics, battery management ICs). Cirrus Logic operates as a fabless semiconductor company, outsourcing fabrication to TSMC and GlobalFoundries, with sales predominantly international through direct and indirect channels, heavily concentrated in a few key customers including Apple.

Summary from 10-K filed 2026-05-21

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-03-31	FY 2025 2025-03-31	FY 2024 2024-03-31	FY 2023 2023-03-31	FY 2022 2022-03-31
Net sales	1,997	1,896	1,789	1,898	1,781
Cost of sales	943	900	873	941	858
Gross profit	1,054	996	916	957	924
Research and development	434	435	426	458	406
Selling, general and administrative	160	151	144	153	151
Restructuring	0	0	2	11	0
Total operating expenses	594	586	573	708	557
Income from operations	460	410	343	249	366
Interest income	38	34	21	10	2
Interest expense	−898,000	−898,000	−915,000	−898,000	—
Other income (expense)	−487,000	1	−108,000	−3	2
Income before income taxes	497	445	364	255	369
Provision for income taxes	82	113	89	78	42
Net income	414	332	275	177	326
Basic earnings per share (in dollars per share)	8.1	6.24	5.06	3.18	5.7
Diluted earnings per share (in dollars per share)	7.85	6	4.9	3.09	5.52
Basic weighted average common shares outstanding (in shares)	51	53	54	56	57
Diluted weighted average common shares outstanding (in shares)	53	55	56	57	59

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2026 2026-03-31	FY 2025 2025-03-31	FY 2024 2024-03-31	FY 2023 2023-03-31	FY 2022 2022-03-31
Cash and cash equivalents	801	540	503	446	370
Marketable securities	87	56	24	35	11
Accounts receivable, net	220	216	162	150	240
Inventories	241	299	227	233	138
Prepaid assets	48	48	48	36	41
Prepaid wafers	15	53	87	61	0
Other current assets	23	28	55	57	40
Total current assets	1,434	1,240	1,106	1,018	840
Long-term marketable securities	266	239	173	37	64
Right-of-use lease assets	121	127	138	128	171
Property and equipment, net	144	160	170	163	157
Intangibles, net	21	27	30	39	158
Goodwill	436	436	436	436	436
Deferred tax assets	50	48	49	36	11
Long-term prepaid wafers	0	16	61	134	195
Other assets	18	35	69	74	92
Total assets	2,489	2,327	2,232	2,064	2,123
Accounts payable	81	63	56	81	115
Accrued salaries and benefits	53	52	48	51	65
Software license agreements	22	27	32	21	—
Current lease liabilities	20	22	21	18	15
Other accrued liabilities	19	31	31	24	17
Total current liabilities	195	195	186	216	265
Non-current lease liabilities	114	122	135	123	163
Non-current income taxes	47	44	52	59	73
Software license agreements	6	16	41	7	—
Total long-term liabilities	167	182	228	189	259
Preferred stock, 5,000 shares authorized but unissued	0	0	0	0	0
Common stock, $0.001 par value, 280,000 shares authorized, 50,596 shares and 52,291 shares issued and outstanding at March 28, 2026 and March 29, 2025, respectively	51,000	52,000	53,000	55,000	57,000
Additional paid-in capital	1,946	1,860	1,761	1,670	1,578
Accumulated earnings	185	90	59	−9	23
Accumulated other comprehensive loss	−3	−1	−3	−3	−2
Total stockholders equity	2,128	1,949	1,817	1,658	1,600
Total liabilities and stockholders equity	2,489	2,327	2,232	2,064	2,123

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-03-31	FY 2025 2025-03-31	FY 2024 2024-03-31	FY 2023 2023-03-31	FY 2022 2022-03-31
Depreciation and amortization	52	51	48	71	62
Stock-based compensation expense	52	84	24	82	66
Deferred income taxes	−1	−31,000	−13	—	—
Loss on retirement or write-off of long-lived assets	0	382,000	76,000	656,000	642,000
Other non-cash charges	−188,000	779,000	2	3	370,000
Accounts receivable, net	−4	−54	−13	90	−125
Inventories	58	−72	6	−95	43
Prepaid wafers	53	79	48	0	−195
Other assets	9	7	18	2	−93
Accounts payable	17	9	−24	−34	11
Accrued salaries and benefits	286,000	4	−6	−15	10
Income taxes payable	−13	16	15	−6	−804,000
Acquisition-related liabilities	0	0	−21	13	40
Other accrued liabilities	−18	−14	−4	−9	−6
Net cash provided by operating activities	651	444	422	340	125
Maturities and sales of available-for-sale marketable securities	148	35	37	19	372
Purchases of available-for-sale marketable securities	−208	−131	−162	−15	−83
Purchases of property, equipment and software	−14	−23	−38	−35	−26
Investments in technology	−848,000	−6	−695,000	−2	−4
Net cash used in investing activities	−75	−124	−163	−33	−18
Issuance of common stock, net of shares withheld for taxes	4	15	3	10	13
Repurchase of stock to satisfy employee tax withholding obligations	−38	−38	−19	−18	−23
Repurchase and retirement of common stock	−280	−261	−186	−191	−168
Net cash used in financing activities	−314	−283	−202	−230	−179
Net increase in cash and cash equivalents	261	37	57	76	−72
Income taxes	50	52	43	92	36
Interest	532,000	404,000	658,000	537,000	572,000

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro

Frequently asked questions

What is CIRRUS LOGIC, INC.'s CIK number?

CIRRUS LOGIC, INC.'s SEC CIK number is 0000772406 (772406). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find CIRRUS LOGIC, INC.'s SEC filings?

All of CIRRUS LOGIC, INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did CIRRUS LOGIC, INC. last report earnings?

CIRRUS LOGIC, INC. (CRUS) most recently filed an earnings 8-K with the SEC on May 6, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000772406-26-000012). This is CIRRUS LOGIC, INC.'s most recent earnings filing of record — not a forecast of its next earnings date.

What is CIRRUS LOGIC, INC.'s most recent earnings 8-K?

CIRRUS LOGIC, INC.'s latest earnings 8-K (Item 2.02) was filed May 6, 2026 under accession 0000772406-26-000012. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View CIRRUS LOGIC, INC.'s latest earnings 8-K →
Look up any company's CIK number →