Cirrus Logic, Inc.

Cirrus Logic, Inc. Earnings Recaps

CRUS Information Technology 2 recaps
Q4 2026 May 7, 2026

Cirrus Logic’s shares saw little change post-earnings (+0.3%), reflecting a quarter and fiscal year that largely met expectations without notable surprises. Revenue growth driven by smartphones and PCs was offset by cautious outlook commentary and limited incremental margin commentary, leading to a muted market response.

Key takeaways
  • Q4 revenue was $448.5 million, slightly above the midpoint of guidance, supporting full year revenue of $2 billion, up 5% year-over-year.
  • Record GAAP and non-GAAP earnings per share were reported for the full fiscal year, reflecting steady operational performance.
  • Core smartphone audio business showed sustained demand, benefiting from advanced products with extended lifecycles, though no acceleration was indicated.
  • High-performance mixed-signal (HPMS) products, including camera controllers and power management ICs, continued to expand, including new design wins in 3D sensing power solutions.
  • PC business contributed strong year-over-year revenue growth driven by multi-segment share gains and broader product portfolio adoption.
Full recap
Q3 2026 Feb 5, 2026

Cirrus Logic reported a strong performance in Q3 FY2026, with revenues of $580.6 million exceeding guidance, reflecting robust demand for smartphone components and record EPS.

Key takeaways
  • Revenue of $580.6 million surpassed the top end of guidance due to higher-than-expected smartphone demand.
  • Record GAAP and non-GAAP earnings per share achieved during the quarter.
  • Continued investment in R&D to enhance mixed-signal solutions, particularly in camera and battery applications.
  • Successful entry into mainstream PC markets with new amplifier and codec products, alongside promising developments for AI-enabled PCs.
  • Growth opportunities identified in automotive haptic technology and prosumer audio products, expanding market reach.
Full recap