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Dec 27, 2025
Cirrus Logic Q3 2026 Earnings Report
Cirrus Logic reported its financial results for the third quarter of fiscal year 2026, ending December 27, 2025.
Key Takeaways
Cirrus Logic exceeded its revenue guidance for the December quarter, driven by strong demand for smartphone components and a favorable product mix. The company also made progress in expanding its market and diversifying its product offerings, including new components for AI-enabled PCs and new product families for prosumer and automotive markets.
Revenue for Q3 FY26 was $580.6 million, surpassing the high end of guidance.
GAAP diluted earnings per share were $2.66, with non-GAAP diluted earnings per share at $2.97.
The company is actively expanding its addressable market and diversifying its product portfolio.
New components for AI-enabled PCs and product families for prosumer and automotive markets were introduced.
Revenue by Segment
Forward Guidance
For the fourth quarter of fiscal year 2026, Cirrus Logic anticipates revenue between $410 million and $470 million, GAAP gross margin between 51% and 53%, and combined GAAP R&D and SG&A expenses between $147 million and $153 million.
Positive Outlook
- Revenue is expected to be between $410 million and $470 million.
- GAAP gross margin is forecasted to be between 51 percent and 53 percent.
- Non-GAAP operating expenses are anticipated to range between $124 million and $130 million.
- The company expects to continue capitalizing on its intellectual property and engineering expertise.
- Continued product diversification efforts are expected to contribute to long-term success.
Challenges Ahead
- Combined GAAP R&D and SG&A expenses are anticipated to range between $147 million and $153 million.
- Stock-based compensation expense is estimated at approximately $21 million.
- Amortization of acquired intangibles is projected to be $2 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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