Cirrus Logic Financial Statements
NASDAQ: CRUSTechnologySemiconductorsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Cirrus Logic revenue and earnings
In fiscal 2026, Cirrus Logic generated $2.00 billion in revenue, up 5.3% from fiscal 2025, its 2nd consecutive year of revenue growth. Net income was $414.4 million (+25.0% year over year), for a net margin of 20.7% versus a median of 15.9% in the prior 5 years. Gross margin was 52.8% (up from 52.5%) and operating margin 23.0%.
Diluted earnings per share came in at $7.85, up from $6.00. Over the last 5 fiscal years, CRUS's revenue has grown at a 7.8% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Cirrus Logic income statement (annual)
| Fiscal year (USD) | FY 20262026-03-28 | FY 20252025-03-29 | FY 20242024-03-30 | FY 20232023-03-25 | FY 20222022-03-26 | FY 20212021-03-27 | FY 20202020-03-28 | FY 20192019-03-30 | FY 20182018-03-31 | FY 20172017-03-25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.00B | 1.90B | 1.79B | 1.90B | 1.78B | 1.37B | 1.28B | 1.19B | 1.53B | 1.54B |
| Revenue growth (YoY) | +5.34% | +5.99% | -5.73% | +6.52% | +30.11% | +6.88% | +8.06% | -22.63% | -0.44% | +31.62% |
| Cost of Revenue | 943.21M | 900.04M | 872.82M | 940.64M | 857.82M | 661.93M | 606.96M | 588.03M | 771.47M | 781.13M |
| Gross Profit | 1.05B | 996.04M | 916.07M | 956.98M | 923.64M | 707.30M | 674.17M | 597.50M | 760.72M | 757.82M |
| Operating Expenses | 593.79M | 585.68M | 572.61M | 707.95M | 557.30M | 470.12M | 500.69M | 496.73M | 498.25M | 440.76M |
| Research & Development | 433.95M | 434.68M | 426.48M | 458.41M | 406.31M | 342.76M | 347.65M | 375.14M | 366.44M | 303.66M |
| Selling, General & Admin | 159.84M | 151.00M | 144.17M | 153.14M | 151.00M | 127.01M | 131.12M | 126.50M | 131.81M | 127.27M |
| Operating Income | 460.38M | 410.36M | 343.47M | 249.03M | 366.34M | 237.18M | 173.48M | 100.77M | 262.46M | 317.05M |
| Interest Expense | 898.00K | 898.00K | 915.00K | 898.00K | 948.00K | 1.06M | 1.06M | 1.06M | 1.15M | 3.60M |
| Other Income (Expense) | -487.00K | 1.47M | -108.00K | -3.38M | 1.71M | 2.84M | -1.61M | -217.00K | -971.00K | -79.00K |
| Pretax Income | 496.73M | 444.91M | 363.94M | 254.74M | 368.66M | 245.25M | 181.27M | 93.74M | 265.10M | 315.05M |
| Income Tax | 82.33M | 113.41M | 89.36M | 78.04M | 42.31M | 27.90M | 21.77M | 3.75M | 103.10M | 53.84M |
| Net Income | 414.41M | 331.51M | 274.57M | 176.70M | 326.36M | 217.34M | 159.50M | 89.99M | 162.00M | 261.21M |
| Net Income growth (YoY) | +25.01% | +20.74% | +55.39% | -45.86% | +50.16% | +36.27% | +77.24% | -44.45% | -37.98% | +111.28% |
| EPS (Basic) | 8.10 | 6.24 | 5.06 | 3.18 | 5.70 | 3.74 | 2.74 | 1.50 | 2.55 | 4.12 |
| EPS (Diluted) | 7.85 | 6.00 | 4.90 | 3.09 | 5.52 | 3.62 | 2.64 | 1.46 | 2.46 | 3.92 |
| Shares Outstanding (Basic) | 51.14M | 53.13M | 54.29M | 55.61M | 57.28M | 58.11M | 58.32M | 60.12M | 63.41M | 63.33M |
| Shares Outstanding (Diluted) | 52.82M | 55.24M | 56.02M | 57.23M | 59.14M | 60.06M | 60.46M | 61.58M | 65.95M | 66.56M |
| EBITDA | 512.68M | 461.31M | 391.76M | 320.23M | 428.40M | 284.26M | 241.72M | 180.59M | 343.86M | 380.48M |
| Gross Margin | 52.78% | 52.53% | 51.21% | 50.43% | 51.85% | 51.66% | 52.62% | 50.40% | 49.65% | 49.24% |
| Operating Margin | 23.05% | 21.64% | 19.20% | 13.12% | 20.56% | 17.32% | 13.54% | 8.50% | 17.13% | 20.60% |
| Net Margin | 20.75% | 17.48% | 15.35% | 9.31% | 18.32% | 15.87% | 12.45% | 7.59% | 10.57% | 16.97% |
This table shows 10 annual periods of Cirrus Logic's income statement, from FY 2026 back to FY 2017, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow CRUS's reporting calendar. What is a income statement?