Cirrus Logic Earnings Reports

Cirrus Logic achieved record revenue of $561.0 million in the second fiscal quarter of 2026, primarily due to robust demand for smartphone components. The company also made significant strides in expanding into the PC market and increasing customer interest in its general market products, including professional audio, industrial, automotive, and imaging end markets. Both GAAP and non-GAAP gross margins remained strong at 52.5%.

Cirrus Logic reported a solid fiscal first quarter for 2026, with revenue reaching $407.3 million. The company achieved GAAP diluted earnings per share of $1.14 and non-GAAP diluted earnings per share of $1.51, demonstrating strong financial performance driven by key product advancements and strategic market diversification.

Cirrus Logic reported strong results for the fourth quarter of fiscal year 2025, with revenue reaching $424.5 million and GAAP diluted earnings per share of $1.31. The company also achieved record earnings per share for the full fiscal year 2025.

Cirrus Logic reported fiscal third quarter revenue of $555.7 million, significantly above the top end of their guidance range. The company experienced strong demand for smartphone audio components and gained momentum in the laptop business. GAAP earnings per share was $2.11 and non-GAAP earnings per share was $2.51.

Cirrus Logic reported record revenue and earnings per share driven by strong demand for smartphone products. The company also secured new design wins in the laptop market and began shipping its first power product.

Cirrus Logic reported revenue of $374.0 million for the first quarter of fiscal year 2025, exceeding the top end of its guidance range due to stronger-than-expected smartphone shipments. The company also began ramping production of custom boosted amplifiers and 22-nanometer smart codecs, and saw strong design activity in laptops.

Cirrus Logic reported Q4 FY24 revenue of $371.8 million, with GAAP EPS of $0.81 and non-GAAP EPS of $1.24. The company made progress with new product introductions and investments in future products.

Cirrus Logic reported record revenue of $619.0 million and record earnings per share in the December quarter. The company achieved key milestones in the production of next-generation audio components and made advances in process technology and foundry strategy. Customer engagement with laptop solutions was strong, and excellent progress was made on R&D programs in the high-performance mixed-signal business.

Cirrus Logic reported fiscal second quarter revenue of $481.1 million. The company continues its strong track record of engineering execution, ramping shipments of its new camera controller and passing key milestones in the development of the next-generation components.

Cirrus Logic's Q1 2024 revenue reached $317.0 million, towards the top end of guidance, driven by higher-than-expected unit volumes. The company achieved GAAP earnings per share of $0.28 and non-GAAP earnings per share of $0.67.

Cirrus Logic reported solid financial results in Q4 FY23, with revenue of $372.8 million. The company's strategy of product diversification through high-performance mixed-signal products saw revenue derived from these solutions increase to 38 percent of total sales.

Cirrus Logic reported record revenue of $590.6 million in the December quarter, driven by strong demand for smartphones. The company is focused on leveraging its intellectual property into new applications and markets, including sensing, charging, and power.

Cirrus Logic reported Q2 revenue of $540.6 million, marking the fifth consecutive quarter with a revenue record for the corresponding fiscal period. Results were well above the top end of guidance due to higher unit volumes and high-performance mixed-signal content gains in smartphones.

Cirrus Logic reported record revenue for the June quarter, driven by component shipments into smartphones exceeding expectations and continued strong demand for flagship devices. The company announced a $500 million share repurchase program.

Cirrus Logic reported Q4 revenue of $490.0 million with GAAP earnings per share of $1.64 and non-GAAP earnings per share of $2.01. FY22 revenue was $1.78 billion. The company expects Q1 FY23 revenue to range between $350 million and $390 million.

Cirrus Logic reported record revenue of $548.3 million in Q3 FY22, driven by significant contributions from high-performance mixed-signal content in smartphones and strong overall product demand, exceeding the top end of their guidance.

Cirrus Logic reported a strong Q2 FY22, with revenue reaching $465.9 million, driven by high-performance mixed-signal content gains. The company saw a 34% year-over-year revenue increase and made progress in diversifying beyond audio.

Cirrus Logic reported Q1 FY22 revenue of $277.3 million, a 14% increase year-over-year. The company saw increased penetration of the Android market and began shipments with a leading laptop OEM. They anticipate accelerated revenue growth in FY22 with a strong pipeline of audio and high-performance mixed-signal products.

Cirrus Logic reported solid revenue, operating profit, and EPS growth in FY21, driven by content gains and higher unit volumes. Supply constraints had some impact on Q4 revenue results and Q1 outlook, but the company expects revenue growth to accelerate in FY22 with a pipeline of new components.

Cirrus Logic reported Q3 FY21 revenue of $485.8 million, a 30% year-over-year increase, driven by strong demand for products in recently introduced smartphones. The company's GAAP earnings per share was $1.91, and non-GAAP earnings per share was $2.13.

Cirrus Logic's Q2 FY21 revenue was $347.3 million, exceeding the high end of guidance, driven by strong demand for smartphone components. The company expanded the number of smartphones, tablets, and wearables utilizing its technology and reached development milestones for product diversification.

Cirrus Logic reported a revenue of $242.6 million for Q1 FY21, with GAAP earnings per share of $0.30 and non-GAAP earnings per share of $0.53. The company experienced strong demand for products shipping in tablets and smartphones. Design activity and new product development efforts were encouraging despite COVID-19 challenges.

Cirrus Logic reported Q4 FY20 revenue of $279.3 million, with GAAP earnings per share of $0.17 and non-GAAP earnings per share of $0.68. The company's FY20 revenue reached $1.28 billion. Content gains contributed to eight percent year-over-year revenue growth in FY20.

Cirrus Logic reported Q3 FY20 revenue of $374.7 million, exceeding guidance due to higher smartphone component volumes. GAAP earnings per share were $1.13, and non-GAAP earnings per share were $1.41.