NASDAQ · Financial Statements

Cirrus Logic, Inc. (CRUS) Financial Statements

$112.32 NASDAQ: CRUS Market Cap $5.63B

Cirrus Logic, Inc. most recently reported annual revenue of $2.0B, net profit of $414.0M. Revenue grew at an average annual rate of 7.8% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.

Cirrus Logic, Inc.: Revenue rose from $1.5B in 2017 to $2.0B in 2026, a change of +29.8% over 9 years; net profit was positive in all 10 reported years; operating margin moved from 20.6% to 23.1%, a shift of +2.4 percentage points; the most recent year shows net profit of $414.0M.

Income Statement — 10 Years (USD millions)

Metric2017201820192020202120222023202420252026
Revenue$1.5B$1.5B$1.2B$1.3B$1.4B$1.8B$1.9B$1.8B$1.9B$2.0B
Operating Expenses$1.2B$1.3B$1.1B$1.1B$1.1B$1.4B$1.6B$1.4B$1.5B$1.5B
Operating Profit$317.0M$262.0M$101.0M$173.0M$237.0M$366.0M$249.0M$343.0M$410.0M$460.0M
Operating Margin20.6%17.1%8.5%13.5%17.3%20.6%13.1%19.2%21.6%23.1%
Other Income$-2.0M$3.0M$-7.0M$8.0M$8.0M$2.0M$6.0M$20.0M$35.0M$36.0M
Interest$4.0M$1.0M$1.0M$1.0M$1.0M$1.0M$1.0M$1.0M$1.0M$1.0M
Depreciation$63.0M$81.0M$80.0M$60.0M$39.0M$62.0M$61.0M$48.0M$51.0M$52.0M
Profit Before Tax$315.0M$265.0M$94.0M$181.0M$245.0M$369.0M$255.0M$364.0M$445.0M$497.0M
Tax$17.1M$38.9M$4.0M$12.0M$11.4M$11.5M$30.6M$24.6M$25.5M$16.6M
Net Profit$261.0M$162.0M$90.0M$159.0M$217.0M$326.0M$177.0M$275.0M$332.0M$414.0M
EPS$3.92$2.46$1.46$2.64$3.62$5.52$3.09$4.90$6.00$7.84
Dividend Payout0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

Quarterly Results — Last 12 Quarters (USD millions)

8 duplicate period labels in the source data were collapsed.

MetricSep '23Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26
Revenue$481.0M$619.0M$372.0M$374.0M$542.0M$556.0M$424.0M$407.0M$561.0M$581.0M$449.0M$460.0M
Operating Expenses$375.0M$451.0M$319.0M$327.0M$410.0M$410.0M$339.0M$335.0M$416.0M$428.0M$358.0M$375.0M
Operating Profit$106.0M$168.0M$52.0M$47.0M$132.0M$146.0M$86.0M$72.0M$145.0M$153.0M$90.0M$84.0M
Operating Margin22.0%27.1%14.1%12.5%24.3%26.2%20.3%17.8%25.8%26.3%20.1%18.4%
Interest$0$0$0$0$0$0$0$0$0$0$0$0
Profit Before Tax$109.0M$172.0M$60.0M$57.0M$140.0M$154.0M$95.0M$81.0M$153.0M$162.0M$100.0M$94.0M
Tax$31.1M$19.4M$24.8M$25.6M$27.1M$24.5M$24.7M$24.7M$14.2M$13.6M$18.4M$18.4M
Net Profit$75.0M$139.0M$45.0M$42.0M$102.0M$116.0M$71.0M$61.0M$132.0M$140.0M$82.0M$77.0M
EPS$1.34$2.50$0.81$0.76$1.83$2.11$1.31$1.14$2.48$2.66$1.56$1.47

Over the 10 years reported for Cirrus Logic, Inc., borrowings increased from $60.0M in 2017 to $134.0M in 2026, cash stood at $801.0M in the latest year, shareholders' equity was $0, current assets covered current liabilities 7.35 times.

Balance Sheet — 10 Years (USD millions)

Metric2017201820192020202120222023202420252026
Total Assets$1.4B$1.4B$1.4B$1.6B$1.8B$2.1B$2.1B$2.2B$2.3B$2.5B
Current Assets$776.0M$614.0M$625.0M$650.0M$843.0M$840.0M$1.0B$1.1B$1.2B$1.4B
Cash$351.0M$236.0M$216.0M$292.0M$442.0M$370.0M$446.0M$503.0M$540.0M$801.0M
Inventory$168.0M$206.0M$165.0M$147.0M$173.0M$138.0M$233.0M$227.0M$299.0M$241.0M
Receivables$120.0M$101.0M$121.0M$154.0M$109.0M$240.0M$150.0M$162.0M$216.0M$220.0M
Fixed Assets$168.0M$191.0M$186.0M$300.0M$288.0M$328.0M$291.0M$308.0M$287.0M$265.0M
Capital Work in Progress$0$0$0$0$0$0$0$0$0$0
Investments$100.0M$199.0M$229.0M$306.0M$368.0M$74.0M$71.0M$197.0M$295.0M$353.0M
Other Assets$287.0M$289.0M$286.0M$287.0M$288.0M$436.0M$436.0M$436.0M$436.0M$436.0M
Total Liabilities$262.0M$268.0M$212.0M$363.0M$442.0M$524.0M$406.0M$415.0M$378.0M$361.0M
Current Liabilities$144.0M$140.0M$116.0M$159.0M$214.0M$265.0M$216.0M$186.0M$195.0M$195.0M
Borrowings$60.0M$0$0$143.0M$142.0M$178.0M$141.0M$155.0M$144.0M$134.0M
Other Liabilities$202.0M$268.0M$212.0M$220.0M$299.0M$346.0M$265.0M$259.0M$234.0M$227.0M
Equity$0$0$0$0$0$0$0$0$0$0
Reserves$1.2B$1.2B$1.1B$1.2B$1.4B$1.6B$1.7B$1.8B$1.9B$2.1B

For Cirrus Logic, Inc., operating cash flow was positive in 10 of 10 reported years; free cash flow in the latest year was $637.0M; free cash flow was positive in 10 of 10 years; financing activities used $318.0M in the latest year, which covers debt repayment, dividends and buybacks.

Cash Flow Statement — 10 Years (USD millions)

Metric2017201820192020202120222023202420252026
Operating Cash Flow$370.0M$319.0M$207.0M$296.0M$349.0M$125.0M$340.0M$422.0M$444.0M$651.0M
Investing Cash Flow$-121.0M$-269.0M$-90.0M$-116.0M$-96.0M$-48.0M$-70.0M$-201.0M$-153.0M$-89.0M
Financing Cash Flow$-33.0M$-194.0M$-173.0M$-138.0M$-128.0M$-192.0M$-240.0M$-205.0M$-299.0M$-318.0M
Net Cash Flow$182.0M$-116.0M$-19.0M$76.0M$150.0M$-72.0M$76.0M$57.0M$37.0M$261.0M
Free Cash Flow$318.0M$234.0M$171.0M$280.0M$331.0M$95.0M$303.0M$384.0M$416.0M$637.0M

Valuation & Return Ratios

MetricValue
PEG Ratio0.52
EV / EBITDA9.85
FCF Yield9.39%
Quick Ratio6.23
Interest Coverage471.01
Return 1Y-0.11%
Return 3Y36.35%
Return 5Y35.21%

Cirrus Logic, Inc. (CRUS) financials — frequently asked questions

What is Cirrus Logic, Inc.'s annual revenue?

Cirrus Logic, Inc. (CRUS) reported annual revenue of $2.0B in its most recent fiscal year.

What is Cirrus Logic, Inc.'s net profit?

Cirrus Logic, Inc. (CRUS) reported net profit of $414.0M in its most recent fiscal year.

What is CRUS EV/EBITDA?

Cirrus Logic, Inc.'s enterprise value to EBITDA (EV/EBITDA) ratio is 9.85.

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