analyzeportfolio
Nasdaq · Technology

CIRRUS LOGIC, INC. (CRUS)

As-reported financials and SEC filings for CIRRUS LOGIC, INC. The latest annual period is FY2026. The latest reported quarter is Q1 FY2027. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About CIRRUS LOGIC, INC.

Cirrus Logic, Inc. designs and supplies low-power, high-precision mixed-signal processing components primarily for mobile and consumer electronics. Its main products include audio components such as amplifiers, codecs, and digital signal processors, as well as high-performance mixed-signal products like camera controllers, haptics, sensing solutions, and power management ICs. The company serves major electronics manufacturers worldwide, with a significant portion of sales coming from smartphone applications.

Snapshot

Revenue
$2.00B
Revenue growth (YoY)
5.3%
Net income
$414.4M
Diluted EPS
$7.85
Gross margin
52.8%
Operating margin
23.0%
Net margin
20.7%
FCF margin
31.9%
ROE
19.5%
net income / fiscal-year-end equity
P/E
13.6×
trailing when available, otherwise FY EPS
Market cap
$5.56B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended March 28, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Cirrus Logic

  • Revenue grew 5.3% to $2.0B in FY2026, in line with the 6.0% the year before.
  • Operating margin is 23.0% in FY2026, +2.5 pp against 20.6% in FY2022.
  • Most recent quarter Q1 FY2027: revenue $460M, up 12.9% from Q1 FY2026.
  • Free cash flow was $637M in FY2026, 31.9% of revenue.
  • Net income rose 25.0% to $414M in FY2026.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Cirrus Logic’s fundamentals sit among the 88 semiconductor companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin52.8%
68th percentile of 78
Operating margin23.0%
83rd percentile of 79
Net margin20.7%
84th percentile of 80
FCF margin31.9%
92nd percentile of 78
Revenue growth (YoY)+5.3%
38th percentile of 88
ROE19.5%
88th percentile of 74
P/E13.6×
12th percentile of 44
Short interest4.27d
75th percentile of 88

Cirrus Logic’s FCF margin of 31.9% ranks in the 92nd percentile of the 78 semiconductor companies reporting it. Cirrus Logic’s return on equity of 19.5% ranks in the 88th percentile of the 74 semiconductor companies reporting it. Cirrus Logic’s P/E of 13.6 ranks in the 12th percentile of the 44 peers with a meaningful P/E.

No reported insider purchases (code P) in the last 90 days; 5 insider sales totaling $1.6M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+5 quant / multi-strat
Initiated / added
7
0 new, 7 added
Reduced / exited
1
0 trimmed, 1 exited
Combined position
$407.5M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$164.4M1.1MAdded
Millennium ManagementquantQ2 2026$109.2M735.2KAdded
Renaissance TechnologiesquantQ2 2026$53.1M357.7KAdded
Gotham Asset ManagementQ2 2026$48.0M322.9KAdded
D. E. ShawquantQ2 2026$15.7M105.6KAdded
Two Sigma InvestmentsquantQ2 2026$11.0M74.3KAdded
Bridgewater AssociatesQ2 2026$6.1M40.7KAdded

No longer held by: Citadel Advisors (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
5
$1.6M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-20
filed 2026-08-24
Baumgartner Jeffrey WEVP, R&DSell1.2K$117.89$137K
2026-07-20
filed 2026-07-21
Baumgartner Jeffrey WEVP, R&DSell1.2K$138.57$162K
2026-07-01
filed 2026-07-02
Baumgartner Jeffrey WEVP, R&DSell1.5K$145.97$213K
2026-06-29
filed 2026-06-30
Brannan AndrewEVP, Worldwide SalesSell6.5K$144.71$935K
2026-06-22
filed 2026-06-24
Baumgartner Jeffrey WEVP, R&DSell1.2K$168.23$197K
2026-06-03
filed 2026-06-04
THOMAS SCOTTEVP, General CounselSell1.3K$180.04$234K
2026-06-02
filed 2026-06-04
Baumgartner Jeffrey WEVP, R&DSell3.9K$168.54$658K
2026-05-29
filed 2026-06-02
Baumgartner Jeffrey WEVP, R&DSell11.2K$171.65$1.9M
2026-05-29
filed 2026-06-02
Brannan AndrewEVP, Worldwide SalesSell1.6K$175.75$289K
2026-05-21
filed 2026-05-26
Dougherty Justin EEVP, Global OperationsSell2.0K$166.50$333K
2026-05-20
filed 2026-05-21
DAVERN ALEXANDER MDirectorSell1.0K$159.00$159K
2026-05-08
filed 2026-05-11
Forsyth JohnCEOSell5.0K$170.41$852K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
3.7M
settled 2026-08-14
Change vs prior
+7.9%
vs previous settlement
Days to cover
4.27
at avg daily volume
Avg daily volume
876.0K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-143.7M+7.9%4.27
2026-07-313.5M+5.3%5.18
2026-07-153.3M+6.4%5.22
2026-06-303.1M+8.3%4.88
2026-06-152.9M-0.5%5.37
2026-05-292.9M+5.4%5.13
2026-05-152.7M+8.3%4.02
2026-04-302.5M-13.3%3.63

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$2.00B$1.90B$1.79B$1.90B$1.78B
Gross profit$1.05B$996.0M$916.1M$957.0M$923.6M
Operating income$460.4M$410.4M$343.5M$249.0M$366.3M
Net income$414.4M$331.5M$274.6M$176.7M$326.4M
Diluted EPS$7.85$6.00$4.90$3.09$5.52

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2026FY2025FY2024FY2023FY2022
Cash and equivalents$800.9M$539.6M$502.8M$445.8M$369.8M
Current assets$1.43B$1.24B$1.11B$1.02B$840.0M
Total assets$2.49B$2.33B$2.23B$2.06B$2.12B
Current liabilities$194.7M$195.2M$186.4M$216.3M$264.8M
Long-term debt
Total liabilities$361.4M$377.6M$414.6M$405.7M$523.6M
Total equity$2.13B$1.95B$1.82B$1.66B$1.60B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$650.6M$444.4M$421.7M$339.6M$124.8M
Capital expenditure$14.0M$22.8M$37.6M$35.1M$26.1M
Free cash flow$636.6M$421.6M$384.0M$304.5M$98.6M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2027$459.7M12.9%$76.9M$1.47
Q4 FY2026$448.5M5.7%$81.8M$1.57
Q3 FY2026$580.6M4.5%$140.3M$2.66
Q2 FY2026$561.0M3.5%$131.6M$2.48
Q1 FY2026$407.3M8.9%$60.7M$1.14
Q4 FY2025$424.5M14.2%$71.3M$1.31
Q3 FY2025$555.7M-10.2%$116.0M$2.11
Q2 FY2025$541.9M12.6%$102.1M$1.83

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industrySemiconductors & Related Devices
Latest annual periodFY2026 (ended March 28, 2026)
Latest reported quarterQ1 FY2027 (ended June 27, 2026)
Oldest indexed filing2013
SEC CIK772406

Selected SEC filings

10-K2026-05-21
View on EDGAR →
10-Q2026-08-05
View on EDGAR →
8-K2026-08-05
View on EDGAR →
8-K2026-08-03
View on EDGAR →
8-K2026-05-06
View on EDGAR →
8-K2026-03-31
View on EDGAR →

Largest semiconductor peers

All semiconductor stocksAll Technology companies →

Monitor CRUS

Get an alert when Cirrus Logic files something material, see which superinvestors own it, and ask its filings a question with cited answers.

Monitor CRUS free

Includes one free filing-grounded research answer. Or check your whole portfolio, no account needed.

Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.