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Cirrus Logic (CRUS) Financials

Cirrus Logic logo
$157.87 -6.20 (-3.78%)
Closing price 04:00 PM Eastern
Extended Trading
$156.94 -0.93 (-0.59%)
As of 06:46 PM Eastern
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Annual Income Statements for Cirrus Logic

Annual Income Statements for Cirrus Logic

This table shows Cirrus Logic's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Period end date 3/26/2016 3/25/2017 3/31/2018 3/30/2019 3/28/2020 3/27/2021 3/26/2022 3/25/2023 3/30/2024 3/29/2025 3/28/2026
Net Income / (Loss) Attributable to Common Shareholders		 124 261 162 90 159 217 326 177 275 332 414
Consolidated Net Income / (Loss)		 124 261 162 90 159 217 326 177 275 332 414
Net Income / (Loss) Continuing Operations		 124 261 162 90 159 217 326 177 275 332 414
Total Pre-Tax Income 		176 315 265 94 181 245 369 255 364 445 497
Total Operating Income		 180 317 262 101 173 237 366 249 343 410 460
Total Gross Profit		 555 758 761 597 674 707 924 957 916 996 1,054
Total Revenue		 1,169 1,539 1,532 1,186 1,281 1,369 1,781 1,898 1,789 1,896 1,997
Operating Revenue		 1,169 1,539 1,532 1,186 1,281 1,369 1,781 1,898 1,789 1,896 1,997
Total Cost of Revenue		 614 781 771 588 607 662 858 941 873 900 943
Operating Cost of Revenue		 614 781 771 588 607 662 858 941 873 900 943
Total Operating Expenses		 375 441 498 497 501 470 557 708 573 586 594
Selling, General & Admin Expense		 117 127 132 127 131 127 151 153 144 151 160
Research & Development Expense		 269 304 366 375 348 343 406 458 426 435 434
Restructuring Charge		 - - 0.00 0.00 22 0.35 0.00 11 1.96 0.00 0.00
Total Other Income / (Expense), net		 -4.22 -2.00 2.64 -7.03 7.79 8.06 2.33 5.71 20 35 36
Interest Expense		 3.31 3.60 1.15 1.06 1.06 1.06 0.95 0.90 0.92 0.90 0.90
Interest & Investment Income		 0.88 1.68 4.76 8.02 10 6.28 1.56 9.99 21 34 38
Other Income / (Expense), net		 -1.79 -0.08 -0.97 -14 -1.62 2.84 1.71 -3.38 -0.11 1.47 -0.49
Income Tax Expense		 52 54 103 3.75 22 28 42 78 89 113 82
Basic Earnings per Share		 $1.96 $4.12 $2.55 $1.50 $2.74 $3.74 $5.70 $3.18 $5.06 $6.24 $8.10
Weighted Average Basic Shares Outstanding		 63.20M 63.33M 63.41M 60.12M 58.32M 58.11M 57.28M 55.61M 54.29M 53.14M 51.14M
Diluted Earnings per Share		 $1.87 $3.92 $2.46 $1.46 $2.64 $3.62 $5.52 $3.09 $4.90 $6.00 $7.85
Weighted Average Diluted Shares Outstanding		 65.99M 66.56M 65.95M 61.58M 60.46M 60.06M 59.14M 57.23M 56.02M 55.24M 52.82M
Weighted Average Basic & Diluted Shares Outstanding		 63.10M 63.40M 63.50M 60M 58.36M 57.53M 56.11M 54.81M 53.57M 51.56M 50.58M

Quarterly Income Statements for Cirrus Logic

This table shows Cirrus Logic's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026
Period end date 9/23/2023 12/30/2023 3/30/2024 6/29/2024 9/28/2024 12/28/2024 3/29/2025 6/28/2025 9/27/2025 12/27/2025 3/28/2026
Net Income / (Loss) Attributable to Common Shareholders		 75 139 45 42 102 116 71 61 132 140 82
Consolidated Net Income / (Loss)		 75 139 45 42 102 116 71 61 132 140 82
Net Income / (Loss) Continuing Operations		 75 139 45 42 102 116 71 61 132 140 82
Total Pre-Tax Income 		109 172 60 57 140 154 95 81 153 162 100
Total Operating Income		 106 168 52 47 132 146 86 72 145 153 90
Total Gross Profit		 247 317 193 189 283 298 227 214 294 308 238
Total Revenue		 481 619 372 374 542 556 424 407 561 581 449
Operating Revenue		 481 619 372 374 542 556 424 407 561 581 449
Total Cost of Revenue		 234 302 179 185 259 258 198 193 267 272 211
Operating Cost of Revenue		 234 302 179 185 259 258 198 193 267 272 211
Total Operating Expenses		 141 150 140 142 151 152 141 142 150 155 147
Selling, General & Admin Expense		 34 38 37 37 38 39 37 39 40 42 40
Research & Development Expense		 104 113 103 105 113 113 103 103 110 114 107
Total Other Income / (Expense), net		 3.90 4.55 7.06 9.81 8.15 7.93 8.20 8.23 8.63 9.52 9.97
Interest Expense		 - 0.24 - 0.22 0.24 0.22 - 0.22 0.24 0.22 0.22
Interest & Investment Income		 3.97 5.12 7.58 8.42 8.38 8.36 8.82 8.84 8.94 9.49 10
Other Income / (Expense), net		 -0.07 -0.34 -0.08 1.61 0.02 -0.21 0.06 -0.39 -0.06 0.25 -0.28
Income Tax Expense		 34 33 15 15 38 38 23 20 22 22 18
Basic Earnings per Share		 $1.38 $2.57 $0.83 $0.79 $1.92 $2.19 $1.34 $1.17 $2.57 $2.75 $1.61
Weighted Average Basic Shares Outstanding		 54.50M 54.02M 54.29M 53.43M 53.28M 53.08M 53.14M 51.73M 51.18M 51.04M 51.14M
Diluted Earnings per Share		 $1.34 $2.50 $0.78 $0.76 $1.83 $2.11 $1.30 $1.14 $2.48 $2.66 $1.57
Weighted Average Diluted Shares Outstanding		 56.28M 55.59M 56.02M 55.67M 55.80M 55.08M 55.24M 53.32M 53.05M 52.70M 52.82M
Weighted Average Basic & Diluted Shares Outstanding		 53.90M 53.93M 53.57M 53.41M 53.14M 53.14M 51.56M 51.33M 51.03M 51.01M 50.58M

Annual Cash Flow Statements for Cirrus Logic

This table details how cash moves in and out of Cirrus Logic's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Period end date 3/26/2016 3/25/2017 3/31/2018 3/30/2019 3/28/2020 3/27/2021 3/26/2022 3/25/2023 3/30/2024 3/29/2025 3/28/2026
Net Change in Cash & Equivalents		 92 182 -116 -19 76 150 -72 76 -31 -46 180
Net Cash From Operating Activities		 149 370 319 207 296 349 125 340 422 444 651
Net Cash From Continuing Operating Activities		 149 370 319 207 296 349 125 340 334 362 570
Net Income / (Loss) Continuing Operations		 124 261 162 90 159 217 326 177 275 332 414
Consolidated Net Income / (Loss)		 124 261 162 90 159 217 326 177 275 332 414
Depreciation Expense		 58 63 81 80 68 47 62 71 48 51 52
Non-Cash Adjustments To Reconcile Net Income		 53 59 35 59 77 57 -128 182 53 82 54
Changes in Operating Assets and Liabilities, net		 -85 -14 41 -22 -8.68 28 -136 -90 -42 -103 49
Net Cash From Investing Activities		 20 -70 -185 -55 -100 -78 -18 -33 -163 -124 -75
Net Cash From Continuing Investing Activities		 20 -70 -185 -55 -100 -78 -18 -33 -163 -124 -75
Purchase of Property, Plant & Equipment		 -42 -42 -55 -32 -16 -18 -26 -35 -38 -23 -14
Acquisitions		 -41 -9.45 -29 -4.14 -5.92 -2.22 -281 -1.62 -0.70 -5.98 -0.85
Purchase of Investments		 -23 -231 -238 -99 -249 -226 -83 -15 -162 -131 -208
Sale and/or Maturity of Investments		 126 213 138 71 171 168 372 19 37 35 148
Net Cash From Financing Activities		 -77 -118 -250 -171 -120 -121 -179 -230 -202 -283 -314
Net Cash From Continuing Financing Activities		 -77 -118 -250 -171 -120 -121 -179 -230 -202 -283 -314
Repurchase of Common Equity		 -61 -15 -194 -160 -120 -110 -168 -191 -205 -299 -280
Other Financing Activities, net		 3.61 2.43 4.42 -11 0.36 -11 -9.51 -39 - - -34
Cash Interest Paid		 3.32 2.95 0.84 0.61 0.46 0.61 0.57 0.54 0.66 0.40 0.53
Cash Income Taxes Paid		 24 8.00 34 21 22 29 36 92 43 52 50

Quarterly Cash Flow Statements for Cirrus Logic

This table details how cash moves in and out of Cirrus Logic's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026
Period end date 9/23/2023 12/30/2023 3/30/2024 6/29/2024 9/28/2024 12/28/2024 3/29/2025 6/28/2025 9/27/2025 12/27/2025 3/28/2026
Net Change in Cash & Equivalents		 -75 206 19 -11 -46 81 13 9.25 45 185 -58
Net Cash From Operating Activities		 -23 314 171 87 8.23 219 130 116 92 291 151
Net Cash From Continuing Operating Activities		 -23 314 171 87 8.23 219 130 116 92 291 71
Net Income / (Loss) Continuing Operations		 75 139 45 42 102 116 71 61 132 140 82
Consolidated Net Income / (Loss)		 75 139 45 42 102 116 71 61 132 140 82
Depreciation Expense		 12 13 12 12 13 13 13 13 13 13 13
Non-Cash Adjustments To Reconcile Net Income		 45 39 33 35 48 41 41 27 38 33 -43
Changes in Operating Assets and Liabilities, net		 -155 123 81 -2.14 -155 49 5.45 15 -90 105 18
Net Cash From Investing Activities		 -9.15 -37 -102 -67 -5.48 -39 -13 -6.22 -7.93 -6.57 -54
Net Cash From Continuing Investing Activities		 -9.15 -37 -102 -67 -5.48 -39 -13 -6.22 -7.93 -6.57 -54
Purchase of Property, Plant & Equipment		 -8.47 -9.81 -7.06 -9.99 -2.67 -6.69 -3.43 -2.64 -3.87 -5.09 -2.40
Purchase of Investments		 -7.82 -32 -108 -69 -3.58 -45 -13 -26 -43 -52 -86
Sale and/or Maturity of Investments		 7.19 5.18 14 13 0.84 12 9.39 23 40 51 34
Net Cash From Financing Activities		 -43 -71 -49 -32 -48 -99 -104 -101 -40 -100 -74
Net Cash From Continuing Financing Activities		 -43 -71 -49 -32 -48 -99 -104 -101 -40 -100 -74
Repurchase of Common Equity		 -41 -57 -50 -41 -50 -70 -100 -100 -40 -70 -70
Other Financing Activities, net		 -2.08 -14 0.55 8.98 1.65 -29 -4.10 -0.67 0.31 -30 -4.16

Annual Balance Sheets for Cirrus Logic

This table presents Cirrus Logic's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Period end date 3/26/2016 3/25/2017 3/31/2018 3/30/2019 3/28/2020 3/27/2021 3/26/2022 3/25/2023 3/30/2024 3/29/2025 3/28/2026
Total Assets		 1,182 1,413 1,430 1,353 1,593 1,831 2,123 2,064 2,232 2,327 2,489
Total Current Assets		 506 776 614 625 650 843 840 1,018 1,106 1,240 1,434
Cash & Equivalents		 169 351 236 216 292 442 370 446 503 540 801
Short-Term Investments		 61 100 26 70 22 56 11 35 24 56 87
Accounts Receivable		 89 120 101 121 154 109 240 150 162 216 220
Inventories, net		 142 168 206 165 147 173 138 233 227 299 241
Prepaid Expenses		 30 25 31 31 24 38 41 96 135 101 62
Other Current Assets		 16 12 14 22 12 25 40 57 55 28 23
Plant, Property, & Equipment, net		 163 168 191 186 158 155 157 163 170 160 144
Total Noncurrent Assets		 513 469 625 541 784 833 1,126 883 955 927 912
Long-Term Investments		 21 0.00 172 159 284 313 64 37 173 239 266
Goodwill		 288 287 289 286 287 288 436 436 436 436 436
Intangible Assets		 163 135 112 68 34 22 158 39 30 27 21
Noncurrent Deferred & Refundable Income Taxes		 26 33 15 8.73 10 9.98 11 36 49 48 50
Other Noncurrent Operating Assets		 16 15 38 20 169 201 458 336 268 177 139
Total Liabilities & Shareholders' Equity		 1,182 1,413 1,430 1,353 1,593 1,831 2,123 2,064 2,232 2,327 2,489
Total Liabilities		 322 262 268 212 363 442 524 406 415 378 361
Total Current Liabilities		 128 144 140 116 159 214 265 216 186 195 195
Accounts Payable		 72 74 70 48 78 103 115 81 56 63 81
Accrued Expenses		 15 15 13 16 13 13 17 24 31 31 19
Current Employee Benefit Liabilities		 21 40 36 29 42 55 65 51 48 52 53
Other Current Liabilities		 20 15 22 22 24 43 67 61 53 49 42
Total Noncurrent Liabilities		 194 118 128 97 204 228 259 189 228 182 167
Noncurrent Deferred Revenue		 - 51 93 78 71 64 73 59 52 44 47
Other Noncurrent Operating Liabilities		 34 6.83 35 19 133 164 185 130 176 138 120
Total Equity & Noncontrolling Interests		 859 1,152 1,162 1,140 1,230 1,389 1,600 1,658 1,817 1,949 2,128
Total Preferred & Common Equity		 859 1,152 1,162 1,140 1,230 1,389 1,600 1,658 1,817 1,949 2,128
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 859 1,152 1,162 1,140 1,230 1,389 1,600 1,658 1,817 1,949 2,128
Common Stock		 1,203 1,259 1,312 1,364 1,435 1,499 1,578 1,670 1,761 1,860 1,946
Retained Earnings		 -344 -107 -139 -222 -202 -113 23 -9.32 59 90 185
Accumulated Other Comprehensive Income / (Loss)		 0.33 -0.57 -11 -1.07 -3.47 2.88 -2.05 -2.54 -2.60 -1.18 -2.84

Quarterly Balance Sheets for Cirrus Logic

This table presents Cirrus Logic's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026 Q2 2026 Q3 2026
Period end date 9/24/2022 12/24/2022 6/24/2023 9/23/2023 12/30/2023 6/29/2024 9/28/2024 12/28/2024 6/28/2025 9/27/2025 12/27/2025
Total Assets		 2,164 2,166 2,057 2,104 2,217 2,266 2,356 2,363 2,295 2,430 2,457
Total Current Assets		 957 1,013 1,049 1,097 1,185 1,102 1,225 1,250 1,241 1,367 1,409
Cash & Equivalents		 355 435 352 278 484 491 446 526 549 593 778
Short-Term Investments		 24 28 36 35 33 26 32 38 66 52 44
Accounts Receivable		 305 270 186 272 217 190 324 262 214 355 279
Inventories, net		 165 152 301 329 257 233 272 276 279 236 189
Prepaid Expenses		 42 39 118 112 134 133 121 117 106 97 87
Other Current Assets		 66 89 55 71 61 29 29 32 27 33 31
Plant, Property, & Equipment, net		 159 157 167 171 168 171 168 164 154 151 148
Total Noncurrent Assets		 1,049 996 841 837 864 993 963 949 899 912 899
Long-Term Investments		 49 45 38 40 70 228 228 253 233 250 260
Goodwill		 436 436 436 436 436 436 436 436 436 436 436
Intangible Assets		 142 133 36 34 32 28 26 24 26 24 23
Noncurrent Deferred & Refundable Income Taxes		 13 8.63 45 44 34 55 49 41 54 47 38
Other Noncurrent Operating Assets		 409 373 285 283 292 247 224 196 151 154 142
Total Liabilities & Shareholders' Equity		 2,164 2,166 2,057 2,104 2,217 2,266 2,356 2,363 2,295 2,430 2,457
Total Liabilities		 509 450 400 396 416 418 428 400 364 387 353
Total Current Liabilities		 282 229 203 201 179 202 229 211 189 210 184
Accounts Payable		 118 117 76 87 56 78 92 78 66 80 69
Accrued Expenses		 23 14 31 32 26 33 36 36 37 31 19
Current Employee Benefit Liabilities		 59 42 36 47 44 41 52 48 43 53 50
Other Current Liabilities		 82 55 60 36 52 50 49 49 43 46 47
Total Noncurrent Liabilities		 227 221 197 195 238 216 199 190 176 177 169
Noncurrent Deferred Revenue		 65 72 60 52 52 53 43 43 45 45 46
Other Noncurrent Operating Liabilities		 162 149 137 143 186 164 156 146 131 132 123
Total Equity & Noncontrolling Interests		 1,655 1,716 1,657 1,708 1,801 1,848 1,928 1,963 1,930 2,042 2,103
Total Preferred & Common Equity		 1,655 1,716 1,657 1,708 1,801 1,848 1,928 1,963 1,930 2,042 2,103
Total Common Equity		 1,655 1,716 1,657 1,708 1,801 1,848 1,928 1,963 1,930 2,042 2,103
Common Stock		 1,618 1,639 1,693 1,713 1,736 1,792 1,820 1,841 1,881 1,904 1,925
Retained Earnings		 41 81 -34 -1.21 67 59 107 124 49 139 179
Accumulated Other Comprehensive Income / (Loss)		 -4.49 -3.60 -3.01 -3.14 -1.70 -3.24 1.31 -2.09 -0.22 -0.22 -0.70

Annual Metrics And Ratios for Cirrus Logic

This table displays calculated financial ratios and metrics derived from Cirrus Logic's official financial filings.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Period end date 3/26/2016 3/25/2017 3/31/2018 3/30/2019 3/28/2020 3/27/2021 3/26/2022 3/25/2023 3/30/2024 3/29/2025 3/28/2026
DEI Shares Outstanding		 - - - - - - - - - - 51,007,389.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - - 51,007,389.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - - 8.12
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 27.57% 31.62% -0.44% -22.63% 8.06% 6.88% 30.11% 6.52% -5.73% 5.99% 5.34%
EBITDA Growth		 79.50% 60.86% -9.86% -51.41% 44.11% 19.58% 49.81% -26.33% 23.61% 18.16% 10.68%
EBIT Growth		 84.71% 77.65% -17.50% -66.81% 98.04% 39.66% 53.34% -33.26% 39.77% 19.94% 11.67%
NOPAT Growth		 93.11% 107.64% -38.99% -39.69% 57.80% 37.70% 54.28% -46.73% 50.01% 18.00% 25.61%
Net Income Growth		 124.06% 111.28% -37.98% -44.45% 77.24% 36.27% 50.16% -45.86% 55.39% 20.74% 25.01%
EPS Growth		 120.00% 109.63% -37.24% -40.65% 80.82% 37.12% 52.49% -44.02% 58.58% 22.45% 30.83%
Operating Cash Flow Growth		 -8.83% 148.08% -13.80% -35.15% 43.12% 17.96% -64.25% 172.19% 24.18% 5.38% 46.41%
Free Cash Flow Firm Growth		 109.26% 720.12% -28.70% -33.50% 67.07% 22.46% -195.86% 174.07% 51.05% 8.90% 70.17%
Invested Capital Growth		 13.81% -1.19% -4.41% -4.43% -9.04% -8.49% 99.81% -1.27% -2.10% -0.22% -12.60%
Revenue Q/Q Growth		 -1.94% 6.64% -1.59% -5.03% 3.13% 1.05% 12.39% -5.81% -0.06% 2.85% 1.22%
EBITDA Q/Q Growth		 -3.07% 6.75% -4.83% -10.09% -0.58% 5.80% 25.17% -34.84% 38.45% 8.14% 0.83%
EBIT Q/Q Growth		 -5.01% 7.97% -8.47% -13.59% 1.73% 7.61% 28.30% -41.09% 50.76% 8.91% 0.88%
NOPAT Q/Q Growth		 -5.19% 8.26% -12.85% -6.03% 2.46% 7.32% 29.52% -46.95% 58.43% 9.05% 2.41%
Net Income Q/Q Growth		 -5.60% 8.76% -12.46% -6.10% 2.57% 7.48% 27.87% -45.93% 55.95% 8.66% 2.61%
EPS Q/Q Growth		 -6.03% 8.59% -11.51% -5.81% 1.93% 7.74% 28.37% -45.60% 54.57% 9.49% 3.56%
Operating Cash Flow Q/Q Growth		 -32.27% 33.18% -5.67% -31.74% 15.51% 54.60% 219.67% -38.21% 40.83% -8.28% 3.34%
Free Cash Flow Firm Q/Q Growth		 -66.83% 41.12% -6.37% -40.15% 19.52% 79.64% -40.85% -25.12% 78.63% -11.40% 4.91%
Invested Capital Q/Q Growth		 -0.18% -7.38% -8.90% 1.36% -3.40% -17.76% 1.97% -5.59% -7.96% -2.76% -4.61%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 47.45% 49.24% 49.65% 50.40% 52.62% 51.66% 51.85% 50.43% 51.21% 52.53% 52.78%
EBITDA Margin		 20.22% 24.72% 22.38% 14.05% 18.74% 20.97% 24.14% 16.70% 21.89% 24.41% 25.64%
Operating Margin		 15.41% 20.60% 17.13% 8.50% 13.54% 17.32% 20.56% 13.12% 19.20% 21.64% 23.05%
EBIT Margin		 15.26% 20.60% 17.07% 7.32% 13.42% 17.53% 20.66% 12.95% 19.19% 21.72% 23.02%
Profit (Net Income) Margin		 10.57% 16.97% 10.57% 7.59% 12.45% 15.87% 18.32% 9.31% 15.35% 17.48% 20.75%
Tax Burden Percent		 70.25% 82.91% 61.11% 96.00% 87.99% 88.62% 88.52% 69.37% 75.45% 74.51% 83.43%
Interest Burden Percent		 98.64% 99.39% 101.38% 108.02% 105.47% 102.18% 100.17% 103.70% 105.99% 108.03% 108.01%
Effective Tax Rate		 29.75% 17.09% 38.89% 4.00% 12.01% 11.38% 11.48% 30.63% 24.55% 25.49% 16.57%
Return on Invested Capital (ROIC)		 17.50% 34.35% 21.56% 13.60% 23.01% 34.73% 37.40% 15.04% 22.95% 27.40% 36.77%
ROIC Less NNEP Spread (ROIC-NNEP)		 21.00% 35.04% 21.17% 15.14% 21.69% 33.72% 37.08% 14.22% 20.41% 24.05% 33.72%
Return on Net Nonoperating Assets (RNNOA)		 -2.21% -8.37% -7.55% -5.79% -9.55% -18.13% -15.57% -4.20% -7.15% -9.80% -16.45%
Return on Equity (ROE)		 15.30% 25.98% 14.00% 7.82% 13.46% 16.60% 21.84% 10.85% 15.80% 17.60% 20.33%
Cash Return on Invested Capital (CROIC)		 4.59% 35.55% 26.07% 18.14% 32.48% 43.60% -29.18% 16.32% 25.07% 27.62% 50.22%
Operating Return on Assets (OROA)		 15.31% 24.43% 18.39% 6.24% 11.67% 14.02% 18.62% 11.73% 15.99% 18.07% 19.10%
Return on Assets (ROA)		 10.61% 20.13% 11.39% 6.47% 10.83% 12.70% 16.51% 8.44% 12.78% 14.54% 17.21%
Return on Common Equity (ROCE)		 15.30% 25.98% 14.00% 7.82% 13.46% 16.60% 21.84% 10.85% 15.80% 17.60% 20.33%
Return on Equity Simple (ROE_SIMPLE)		 14.38% 22.68% 13.94% 7.89% 12.97% 15.65% 20.40% 10.66% 15.11% 17.01% 0.00%
Net Operating Profit after Tax (NOPAT)		 127 263 160 97 153 210 324 173 259 306 384
NOPAT Margin		 10.83% 17.08% 10.47% 8.16% 11.92% 15.35% 18.20% 9.10% 14.49% 16.13% 19.23%
Net Nonoperating Expense Percent (NNEP)		 -3.49% -0.69% 0.39% -1.53% 1.31% 1.01% 0.33% 0.82% 2.54% 3.36% 3.05%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - - - 15.68% 18.05%
Cost of Revenue to Revenue		 52.55% 50.76% 50.35% 49.60% 47.38% 48.34% 48.15% 49.57% 48.79% 47.47% 47.22%
SG&A Expenses to Revenue		 10.01% 8.27% 8.60% 10.67% 10.23% 9.28% 8.48% 8.07% 8.06% 7.96% 8.00%
R&D to Revenue		 23.02% 19.73% 23.92% 31.64% 27.14% 25.03% 22.81% 24.16% 23.84% 22.93% 21.73%
Operating Expenses to Revenue		 32.04% 28.64% 32.52% 41.90% 39.08% 34.33% 31.28% 37.31% 32.01% 30.89% 29.73%
Earnings before Interest and Taxes (EBIT)		 178 317 261 87 172 240 368 246 343 412 460
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 236 380 343 167 240 287 430 317 392 463 512
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 2.53 3.35 2.22 2.18 2.95 3.47 3.14 3.52 2.75 2.71 3.44
Price to Tangible Book Value (P/TBV)		 5.32 5.29 3.38 3.16 4.00 4.46 4.99 4.93 3.69 3.56 4.38
Price to Revenue (P/Rev)		 1.86 2.51 1.68 2.10 2.83 3.52 2.82 3.07 2.79 2.79 3.66
Price to Earnings (P/E)		 17.60 14.77 15.89 27.65 22.76 22.17 15.39 33.02 18.18 15.95 17.65
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 5.68% 6.77% 6.29% 3.62% 4.39% 4.51% 6.50% 3.03% 5.50% 6.27% 5.67%
Enterprise Value to Invested Capital (EV/IC)		 2.71 4.56 2.94 2.94 4.80 6.93 3.96 4.66 3.84 4.00 6.32
Enterprise Value to Revenue (EV/Rev)		 1.78 2.25 1.40 1.72 2.37 2.93 2.57 2.80 2.40 2.35 3.08
Enterprise Value to EBITDA (EV/EBITDA)		 8.82 9.11 6.24 12.26 12.63 13.96 10.65 16.78 10.96 9.62 12.03
Enterprise Value to EBIT (EV/EBIT)		 11.69 10.94 8.18 23.54 17.65 16.70 12.44 21.65 12.50 10.81 13.39
Enterprise Value to NOPAT (EV/NOPAT)		 16.48 13.19 13.34 21.12 19.87 19.07 14.12 30.78 16.56 14.57 16.04
Enterprise Value to Operating Cash Flow (EV/OCF)		 14.00 9.38 6.71 9.88 10.25 11.49 36.70 15.66 10.18 10.02 9.47
Enterprise Value to Free Cash Flow (EV/FCFF)		 62.89 12.74 11.03 15.84 14.07 15.19 0.00 28.38 15.16 14.45 11.74
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.19 0.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity		 0.19 0.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 -0.11 -0.24 -0.36 -0.38 -0.44 -0.54 -0.42 -0.30 -0.35 -0.41 -0.49
Leverage Ratio		 1.44 1.29 1.23 1.21 1.24 1.31 1.32 1.29 1.24 1.21 1.18
Compound Leverage Factor		 1.42 1.28 1.25 1.31 1.31 1.34 1.33 1.33 1.31 1.31 1.28
Debt to Total Capital		 15.73% 4.95% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 15.73% 4.95% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 84.27% 95.05% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA		 0.68 0.16 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA		 -0.38 -1.03 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA		 0.68 0.16 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 1.27 0.23 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT		 -0.71 -1.49 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT		 1.27 0.23 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score		 5.51 11.10 7.69 8.34 7.36 8.05 7.51 10.40 9.07 10.39 14.26
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 3.95 5.39 4.38 5.41 4.10 3.94 3.17 4.70 5.93 6.35 7.37
Quick Ratio		 2.48 3.96 2.59 3.52 2.95 2.84 2.34 2.92 3.70 4.16 5.69
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 33 272 194 129 215 264 -253 187 283 308 525
Operating Cash Flow to CapEx		 358.55% 883.54% 577.58% 918.84% 1,889.47% 1,911.71% 477.27% 967.71% 1,119.98% 1,951.03% 4,651.12%
Free Cash Flow to Firm to Interest Expense		 10.03 75.57 168.23 122.03 203.86 249.66 -266.85 208.67 309.33 343.23 584.08
Operating Cash Flow to Interest Expense		 45.06 102.71 276.42 195.55 279.86 330.13 131.60 378.14 460.85 494.84 724.50
Operating Cash Flow Less CapEx to Interest Expense		 32.49 91.08 228.56 174.27 265.05 312.86 104.02 339.06 419.70 469.48 708.92
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 1.00 1.19 1.08 0.85 0.87 0.80 0.90 0.91 0.83 0.83 0.83
Accounts Receivable Turnover		 11.63 14.76 13.88 10.71 9.33 10.42 10.21 9.71 11.43 10.02 9.16
Inventory Turnover		 5.43 5.04 4.13 3.17 3.90 4.14 5.50 5.06 3.79 3.42 3.49
Fixed Asset Turnover		 7.62 9.30 8.53 6.28 7.44 8.74 11.42 11.86 10.74 11.49 13.15
Accounts Payable Turnover		 6.68 10.74 10.74 9.95 9.57 7.31 7.86 9.56 12.74 15.16 13.12
Days Sales Outstanding (DSO)		 31.39 24.73 26.30 34.09 39.13 35.02 35.75 37.58 31.93 36.43 39.85
Days Inventory Outstanding (DIO)		 67.19 72.41 88.39 114.99 93.65 88.22 66.31 72.15 96.33 106.73 104.48
Days Payable Outstanding (DPO)		 54.60 33.98 33.98 36.70 38.13 49.95 46.41 38.20 28.65 24.07 27.83
Cash Conversion Cycle (CCC)		 43.98 63.16 80.70 112.38 94.65 73.29 55.65 71.53 99.61 119.09 116.50
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 770 761 727 695 632 578 1,156 1,141 1,117 1,115 974
Invested Capital Turnover		 1.62 2.01 2.06 1.67 1.93 2.26 2.05 1.65 1.58 1.70 1.91
Increase / (Decrease) in Invested Capital		 93 -9.17 -34 -32 -63 -54 577 -15 -24 -2.47 -140
Enterprise Value (EV)		 2,086 3,467 2,140 2,043 3,033 4,008 4,579 5,317 4,292 4,454 6,160
Market Capitalization		 2,176 3,858 2,575 2,488 3,630 4,818 5,023 5,835 4,992 5,288 7,314
Book Value per Share		 $13.62 $17.93 $18.33 $19.28 $20.98 $23.93 $27.93 $30.01 $33.69 $36.68 $41.72
Tangible Book Value per Share		 $6.48 $11.36 $12.02 $13.29 $15.49 $18.60 $17.56 $21.42 $25.06 $27.96 $32.77
Total Capital		 1,020 1,212 1,162 1,140 1,230 1,389 1,600 1,658 1,817 1,949 2,128
Total Debt		 160 60 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt		 160 60 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 -90 -391 -435 -445 -598 -811 -444 -517 -700 -835 -1,154
Capital Expenditures (CapEx)		 42 42 55 22 16 18 26 35 38 23 14
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 149 181 211 223 177 131 195 321 393 449 351
Debt-free Net Working Capital (DFNWC)		 378 632 473 509 492 629 575 802 920 1,045 1,239
Net Working Capital (NWC)		 378 632 473 509 492 629 575 802 920 1,045 1,239
Net Nonoperating Expense (NNE)		 2.97 1.66 -1.61 6.74 -6.85 -7.15 -2.06 -3.96 -15 -26 -30
Net Nonoperating Obligations (NNO)		 -90 -391 -435 -445 -598 -811 -444 -517 -700 -835 -1,154
Total Depreciation and Amortization (D&A)		 58 63 81 80 68 47 62 71 48 51 52
Debt-free, Cash-free Net Working Capital to Revenue		 12.71% 11.75% 13.80% 18.82% 13.85% 9.57% 10.94% 16.90% 21.98% 23.67% 17.59%
Debt-free Net Working Capital to Revenue		 32.33% 41.06% 30.90% 42.97% 38.37% 45.93% 32.29% 42.24% 51.42% 55.09% 62.03%
Net Working Capital to Revenue		 32.33% 41.06% 30.90% 42.97% 38.37% 45.93% 32.29% 42.24% 51.42% 55.09% 62.03%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.96 $4.12 $2.55 $1.50 $2.74 $3.74 $5.70 $3.18 $5.06 $6.24 $8.10
Adjusted Weighted Average Basic Shares Outstanding		 63.20M 63.33M 63.41M 60.12M 58.32M 58.11M 57.28M 55.61M 54.29M 53.14M 51.14M
Adjusted Diluted Earnings per Share		 $1.87 $3.92 $2.46 $1.46 $2.64 $3.62 $5.52 $3.09 $4.90 $6.00 $7.85
Adjusted Weighted Average Diluted Shares Outstanding		 65.99M 66.56M 65.95M 61.58M 60.46M 60.06M 59.14M 57.23M 56.02M 55.24M 52.82M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 62.23M 63.89M 60.98M 58.33M 58.36M 57.53M 56.11M 54.81M 53.57M 51.56M 50.58M
Normalized Net Operating Profit after Tax (NOPAT)		 127 271 160 92 172 211 324 240 261 306 384
Normalized NOPAT Margin		 10.83% 17.61% 10.47% 7.76% 13.42% 15.37% 18.20% 12.63% 14.57% 16.13% 19.23%
Pre Tax Income Margin		 15.05% 20.47% 17.30% 7.91% 14.15% 17.91% 20.69% 13.42% 20.34% 23.47% 24.87%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 53.94 88.05 226.79 82.10 162.60 227.08 388.24 273.55 375.25 458.61 512.13
NOPAT to Interest Expense		 38.27 73.02 139.10 91.52 144.42 198.86 342.09 192.36 283.20 340.49 427.71
EBIT Less CapEx to Interest Expense		 41.37 76.42 178.93 60.82 147.79 209.81 360.66 234.48 334.11 433.24 496.55
NOPAT Less CapEx to Interest Expense		 25.70 61.39 91.24 70.24 129.60 181.59 314.51 153.29 242.05 315.13 412.13
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 48.94% 5.91% 119.50% 177.79% 75.24% 50.60% 51.32% 108.31% 67.74% 78.74% 67.56%

Quarterly Metrics And Ratios for Cirrus Logic

This table displays calculated financial ratios and metrics derived from Cirrus Logic's official financial filings.

Metric Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026
Period end date 9/23/2023 12/30/2023 3/30/2024 6/29/2024 9/28/2024 12/28/2024 3/29/2025 6/28/2025 9/27/2025 12/27/2025 3/28/2026
DEI Shares Outstanding		 - - - - - - - - - - 51,007,389.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - - 51,007,389.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - - 1.60
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -11.01% 4.81% -0.27% 17.98% 12.64% -10.22% 14.15% 8.89% 3.53% 4.48% 5.67%
EBITDA Growth		 -12.29% 15.14% 244.63% 101.79% 23.19% -11.98% 54.18% 40.19% 8.94% 4.97% 4.24%
EBIT Growth		 -9.30% 21.46% 182.61% 166.38% 24.78% -12.95% 64.44% 48.77% 9.73% 5.23% 4.67%
NOPAT Growth		 -15.27% 29.65% 189.50% 185.46% 31.98% -18.54% 64.46% 56.61% 29.11% 20.06% 13.79%
Net Income Growth		 -13.51% 34.06% 183.55% 169.84% 35.45% -16.38% 58.93% 44.19% 28.84% 20.95% 14.79%
EPS Growth		 -11.84% 36.61% 182.11% 171.43% 36.57% -15.60% 66.67% 50.00% 35.52% 26.07% 20.77%
Operating Cash Flow Growth		 -163.16% 73.36% 253.30% 318.93% 136.21% -30.32% -23.54% 33.24% 1,020.33% 33.05% 16.13%
Free Cash Flow Firm Growth		 58.36% 350.72% 315.63% 322.52% 509.42% 36.61% 6.21% -53.79% -13.51% 44.78% 218.55%
Invested Capital Growth		 10.53% 0.42% -2.10% -10.37% -9.91% -5.56% -0.22% -1.86% -6.15% -10.90% -12.60%
Revenue Q/Q Growth		 51.75% 28.67% -39.93% 0.59% 44.87% 2.56% -23.62% -4.05% 37.74% 3.51% -22.75%
EBITDA Q/Q Growth		 289.52% 53.42% -64.26% -5.52% 137.80% 9.61% -37.40% -14.09% 84.79% 5.62% -37.83%
EBIT Q/Q Growth		 481.61% 58.23% -68.72% -7.45% 172.46% 10.38% -40.92% -16.27% 100.96% 5.85% -41.23%
NOPAT Q/Q Growth		 497.90% 85.30% -70.85% -11.61% 176.42% 14.37% -41.15% -15.82% 127.88% 6.36% -44.22%
Net Income Q/Q Growth		 383.38% 83.97% -67.68% -6.13% 142.64% 13.57% -38.57% -14.83% 116.81% 6.62% -41.70%
EPS Q/Q Growth		 378.57% 86.57% -68.80% -2.56% 140.79% 15.30% -38.39% -12.31% 117.54% 7.26% -40.98%
Operating Cash Flow Q/Q Growth		 42.91% 1,480.02% -45.64% -48.89% -90.56% 2,555.67% -40.35% -10.93% -20.59% 215.39% -47.94%
Free Cash Flow Firm Q/Q Growth		 22.85% 330.82% -51.30% 156.60% 41.95% -22.98% -62.14% 11.65% 165.67% 28.92% -16.70%
Invested Capital Q/Q Growth		 10.17% -10.48% -7.96% -1.26% 10.74% -6.17% -2.76% -2.88% 5.90% -10.91% -4.61%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 51.26% 51.29% 51.81% 50.51% 52.15% 53.58% 53.42% 52.55% 52.48% 53.07% 52.98%
EBITDA Margin		 24.38% 29.07% 17.29% 16.24% 26.67% 28.50% 23.36% 20.91% 28.06% 28.63% 23.04%
Operating Margin		 21.98% 27.07% 14.09% 12.51% 24.33% 26.23% 20.25% 17.78% 25.81% 26.34% 20.13%
EBIT Margin		 21.97% 27.01% 14.07% 12.94% 24.34% 26.19% 20.26% 17.68% 25.80% 26.38% 20.07%
Profit (Net Income) Margin		 15.68% 22.41% 12.06% 11.25% 18.85% 20.87% 16.79% 14.90% 23.46% 24.17% 18.24%
Tax Burden Percent		 68.92% 80.61% 75.17% 74.37% 72.95% 75.47% 75.33% 75.28% 85.79% 86.37% 81.59%
Interest Burden Percent		 103.53% 102.92% 114.07% 116.95% 106.17% 105.60% 110.00% 111.97% 106.01% 106.06% 111.39%
Effective Tax Rate		 31.08% 19.39% 24.83% 25.63% 27.05% 24.53% 24.67% 24.72% 14.21% 13.63% 18.41%
Return on Invested Capital (ROIC)		 20.67% 32.24% 16.78% 14.72% 26.27% 30.93% 25.92% 23.62% 36.43% 41.42% 31.41%
ROIC Less NNEP Spread (ROIC-NNEP)		 20.02% 31.57% 15.88% 13.47% 25.14% 30.08% 25.07% 22.85% 35.51% 40.55% 30.60%
Return on Net Nonoperating Assets (RNNOA)		 -4.65% -9.83% -5.56% -4.50% -7.32% -11.22% -10.21% -9.63% -14.33% -18.94% -14.92%
Return on Equity (ROE)		 16.02% 22.42% 11.22% 10.22% 18.94% 19.71% 15.70% 14.00% 22.10% 22.49% 16.49%
Cash Return on Invested Capital (CROIC)		 0.29% 13.08% 25.07% 35.09% 34.09% 29.48% 27.62% 31.66% 36.18% 46.13% 50.22%
Operating Return on Assets (OROA)		 18.13% 22.06% 11.71% 11.05% 20.81% 21.08% 16.85% 14.96% 21.00% 21.60% 16.65%
Return on Assets (ROA)		 12.94% 18.30% 10.04% 9.61% 16.12% 16.80% 13.97% 12.61% 19.10% 19.79% 15.13%
Return on Common Equity (ROCE)		 16.02% 22.42% 11.22% 10.22% 18.94% 19.71% 15.70% 14.00% 22.10% 22.49% 16.49%
Return on Equity Simple (ROE_SIMPLE)		 8.24% 9.78% 0.00% 16.29% 17.00% 15.54% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 73 135 39 35 96 110 65 54 124 132 74
NOPAT Margin		 15.15% 21.82% 10.59% 9.30% 17.75% 19.80% 15.25% 13.38% 22.14% 22.75% 16.43%
Net Nonoperating Expense Percent (NNEP)		 0.65% 0.67% 0.90% 1.25% 1.12% 0.85% 0.85% 0.78% 0.92% 0.87% 0.82%
Return On Investment Capital (ROIC_SIMPLE)		 - 7.50% - - - 5.61% 3.32% 2.82% 6.08% 6.28% 3.46%
Cost of Revenue to Revenue		 48.74% 48.71% 48.20% 49.49% 47.85% 46.42% 46.58% 47.45% 47.52% 46.93% 47.02%
SG&A Expenses to Revenue		 7.13% 6.08% 9.91% 9.83% 6.98% 7.03% 8.80% 9.51% 7.06% 7.17% 8.89%
R&D to Revenue		 21.66% 18.20% 27.80% 28.17% 20.84% 20.33% 24.37% 25.26% 19.61% 19.56% 23.96%
Operating Expenses to Revenue		 29.28% 24.22% 37.72% 38.00% 27.82% 27.35% 33.17% 34.78% 26.67% 26.73% 32.85%
Earnings before Interest and Taxes (EBIT)		 106 167 52 48 132 146 86 72 145 153 90
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 117 180 64 61 144 158 99 85 157 166 103
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 2.30 2.49 2.75 3.70 3.37 2.76 2.71 2.83 3.17 2.93 3.44
Price to Tangible Book Value (P/TBV)		 3.17 3.36 3.69 4.94 4.43 3.60 3.56 3.72 4.09 3.75 4.38
Price to Revenue (P/Rev)		 2.23 2.51 2.79 3.70 3.41 2.94 2.79 2.83 3.32 3.13 3.66
Price to Earnings (P/E)		 27.90 25.47 18.18 22.71 19.81 17.74 15.95 15.61 17.06 15.27 17.65
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 3.58% 3.93% 5.50% 4.40% 5.05% 5.64% 6.27% 6.41% 5.86% 6.55% 5.67%
Enterprise Value to Invested Capital (EV/IC)		 2.64 3.21 3.84 5.52 4.74 4.01 4.00 4.26 4.87 4.98 6.32
Enterprise Value to Revenue (EV/Rev)		 2.03 2.18 2.40 3.30 3.04 2.49 2.35 2.39 2.86 2.58 3.08
Enterprise Value to EBITDA (EV/EBITDA)		 13.79 13.78 10.96 14.43 12.88 10.74 9.62 9.48 11.16 10.01 12.03
Enterprise Value to EBIT (EV/EBIT)		 18.04 17.11 12.50 16.31 14.48 12.16 10.81 10.60 12.45 11.16 13.39
Enterprise Value to NOPAT (EV/NOPAT)		 26.89 23.82 16.56 21.62 18.98 16.39 14.57 14.18 15.79 13.56 16.04
Enterprise Value to Operating Cash Flow (EV/OCF)		 21.45 13.01 10.18 11.11 9.99 9.49 10.02 9.75 10.01 8.08 9.47
Enterprise Value to Free Cash Flow (EV/FCFF)		 948.97 24.59 15.16 14.88 13.18 13.21 14.45 13.34 13.02 10.17 11.74
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 -0.23 -0.31 -0.35 -0.33 -0.29 -0.37 -0.41 -0.42 -0.40 -0.47 -0.49
Leverage Ratio		 1.27 1.25 1.24 1.23 1.23 1.22 1.21 1.21 1.21 1.19 1.18
Compound Leverage Factor		 1.31 1.28 1.41 1.44 1.30 1.29 1.33 1.35 1.28 1.26 1.32
Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score		 7.46 8.10 8.64 11.21 10.67 9.70 9.93 10.52 11.68 12.18 13.77
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 5.45 6.64 5.93 5.46 5.34 5.93 6.35 6.58 6.50 7.65 7.37
Quick Ratio		 2.90 4.11 3.70 3.51 3.50 3.92 4.16 4.39 4.76 5.98 5.69
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -56 130 63 162 230 178 67 75 199 257 214
Operating Cash Flow to CapEx		 -268.37% 3,196.70% 2,416.41% 872.48% 308.28% 3,268.85% 3,802.45% 4,402.24% 2,384.02% 5,718.32% 6,319.66%
Free Cash Flow to Firm to Interest Expense		 0.00 552.96 0.00 0.00 0.00 814.31 0.00 344.22 820.42 1,178.94 977.61
Operating Cash Flow to Interest Expense		 0.00 1,334.86 0.00 0.00 0.00 1,002.70 0.00 532.71 379.48 1,334.10 691.41
Operating Cash Flow Less CapEx to Interest Expense		 0.00 1,293.10 0.00 0.00 0.00 972.02 0.00 520.61 363.56 1,310.77 680.47
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.83 0.82 0.83 0.85 0.85 0.80 0.83 0.85 0.81 0.82 0.83
Accounts Receivable Turnover		 6.11 7.34 11.43 9.82 6.40 7.69 10.02 9.55 5.73 7.30 9.16
Inventory Turnover		 3.54 4.30 3.79 3.37 3.08 3.31 3.42 3.55 3.60 4.00 3.49
Fixed Asset Turnover		 10.68 11.04 10.74 10.92 11.24 11.12 11.49 11.86 12.20 12.64 13.15
Accounts Payable Turnover		 8.50 10.14 12.74 11.73 10.32 13.14 15.16 12.62 10.65 12.67 13.12
Days Sales Outstanding (DSO)		 59.72 49.73 31.93 37.19 57.05 47.44 36.43 38.23 63.65 50.03 39.85
Days Inventory Outstanding (DIO)		 103.23 84.83 96.33 108.15 118.50 110.19 106.73 102.80 101.30 91.25 104.48
Days Payable Outstanding (DPO)		 42.95 36.01 28.65 31.12 35.36 27.77 24.07 28.91 34.26 28.80 27.83
Cash Conversion Cycle (CCC)		 120.00 98.56 99.61 114.22 140.19 129.86 119.09 112.11 130.69 112.48 116.50
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,356 1,214 1,117 1,103 1,222 1,146 1,115 1,083 1,146 1,021 974
Invested Capital Turnover		 1.36 1.48 1.58 1.58 1.48 1.56 1.70 1.77 1.65 1.82 1.91
Increase / (Decrease) in Invested Capital		 129 5.11 -24 -128 -134 -68 -2.47 -21 -75 -125 -140
Enterprise Value (EV)		 3,576 3,897 4,292 6,094 5,788 4,597 4,454 4,617 5,579 5,086 6,160
Market Capitalization		 3,928 4,484 4,992 6,839 6,495 5,413 5,288 5,464 6,475 6,168 7,314
Book Value per Share		 $31.23 $33.41 $33.69 $34.49 $36.10 $36.94 $36.68 $37.44 $39.79 $41.22 $41.72
Tangible Book Value per Share		 $22.64 $24.73 $25.06 $25.84 $27.46 $28.28 $27.96 $28.48 $30.82 $32.23 $32.77
Total Capital		 1,708 1,801 1,817 1,848 1,928 1,963 1,949 1,930 2,042 2,103 2,128
Total Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 -352 -587 -700 -745 -707 -817 -835 -848 -896 -1,082 -1,154
Capital Expenditures (CapEx)		 8.47 9.81 7.06 9.99 2.67 6.69 3.43 2.64 3.87 5.09 2.40
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 583 490 393 383 517 476 449 438 511 403 351
Debt-free Net Working Capital (DFNWC)		 896 1,007 920 900 996 1,040 1,045 1,052 1,157 1,225 1,239
Net Working Capital (NWC)		 896 1,007 920 900 996 1,040 1,045 1,052 1,157 1,225 1,239
Net Nonoperating Expense (NNE)		 -2.52 -3.67 -5.47 -7.30 -5.95 -5.99 -6.52 -6.20 -7.41 -8.22 -8.13
Net Nonoperating Obligations (NNO)		 -352 -587 -700 -745 -707 -817 -835 -848 -896 -1,082 -1,154
Total Depreciation and Amortization (D&A)		 12 13 12 12 13 13 13 13 13 13 13
Debt-free, Cash-free Net Working Capital to Revenue		 33.11% 27.38% 21.98% 20.75% 27.13% 25.80% 23.67% 22.68% 26.21% 20.41% 17.59%
Debt-free Net Working Capital to Revenue		 50.85% 56.25% 51.42% 48.76% 52.22% 56.39% 55.09% 54.55% 59.36% 62.09% 62.03%
Net Working Capital to Revenue		 50.85% 56.25% 51.42% 48.76% 52.22% 56.39% 55.09% 54.55% 59.36% 62.09% 62.03%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.38 $2.57 $0.83 $0.79 $1.92 $2.19 $1.34 $1.17 $2.57 $2.75 $1.61
Adjusted Weighted Average Basic Shares Outstanding		 54.50M 54.02M 54.29M 53.43M 53.28M 53.08M 53.14M 51.73M 51.18M 51.04M 51.14M
Adjusted Diluted Earnings per Share		 $1.34 $2.50 $0.78 $0.76 $1.83 $2.11 $1.30 $1.14 $2.48 $2.66 $1.57
Adjusted Weighted Average Diluted Shares Outstanding		 56.28M 55.59M 56.02M 55.67M 55.80M 55.08M 55.24M 53.32M 53.05M 52.70M 52.82M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 53.90M 53.93M 53.57M 53.41M 53.14M 53.14M 51.56M 51.33M 51.03M 51.01M 50.58M
Normalized Net Operating Profit after Tax (NOPAT)		 74 135 39 35 96 110 65 54 124 132 74
Normalized NOPAT Margin		 15.48% 21.77% 10.59% 9.30% 17.75% 19.80% 15.25% 13.38% 22.14% 22.75% 16.43%
Pre Tax Income Margin		 22.74% 27.80% 16.04% 15.13% 25.84% 27.66% 22.29% 19.80% 27.35% 27.98% 22.35%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 711.54 0.00 0.00 0.00 667.68 0.00 330.30 595.48 702.63 411.02
NOPAT to Interest Expense		 0.00 574.70 0.00 0.00 0.00 504.67 0.00 249.99 511.07 605.90 336.41
EBIT Less CapEx to Interest Expense		 0.00 669.78 0.00 0.00 0.00 637.01 0.00 318.20 579.56 679.30 400.08
NOPAT Less CapEx to Interest Expense		 0.00 532.94 0.00 0.00 0.00 474.00 0.00 237.89 495.16 582.57 325.47
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 116.52% 97.13% 67.74% 62.61% 60.37% 69.17% 78.74% 91.41% 81.68% 76.75% 67.56%

Financials Breakdown Chart

Key Financial Trends

Cirrus Logic’s latest quarter shows a sharp rebound in profitability and a very strong cash position, even though revenue was down sequentially and the company continued to buy back stock. Over the past four years, the business has remained highly profitable on an annual cycle, but quarterly results have been cyclical, which is common for semiconductor suppliers tied to a concentrated customer base.

  • Profitability improved meaningfully year over year in the latest quarter. Q4 2026 revenue was $448.5 million versus $424.5 million in Q4 2025, while net income rose to $81.8 million from $71.3 million.
  • Operating margin remains solid. In Q4 2026, operating income was $90.3 million on $448.5 million of revenue, showing Cirrus Logic is still converting a healthy share of sales into profit.
  • Free-cash-flow generation looks strong over time. The company continues to generate substantial operating cash flow, including $151.4 million from operating activities in Q4 2026.
  • Balance sheet liquidity is excellent. As of Q3 2026, Cirrus Logic had $778.1 million in cash and equivalents and $44.3 million in short-term investments, plus $259.6 million in long-term investments.
  • Leverage appears low. Total liabilities were just $353.3 million in Q3 2026 versus $2.1 billion of common equity, giving the company a very conservative balance sheet.
  • Even after buybacks, equity remains substantial. The company continues to return capital through share repurchases, which can support per-share earnings over time.
  • R&D spending stays elevated. Research and development was $107.5 million in Q4 2026, signaling continued investment, but also keeping expenses high.
  • Quarterly results remain seasonal and somewhat volatile. Revenue moved from $580.6 million in Q3 2026 to $448.5 million in Q4 2026, showing the business can swing meaningfully from quarter to quarter.
  • Inventory and receivables remain sizable. This is not unusual for a chipmaker, but it means working capital management matters and can affect cash flow from quarter to quarter.
  • Operating cash flow dropped sharply versus the prior quarter. Net cash from operations fell to $151.4 million in Q4 2026 from $290.8 million in Q3 2026, reflecting a less favorable working-capital swing.
  • Revenue declined sequentially in the latest quarter. Sales fell from $580.6 million in Q3 2026 to $448.5 million in Q4 2026, which may reflect a normal seasonal dip but still shows demand variability.
  • Cirrus Logic continues to use a lot of cash for buybacks. It repurchased about $70.0 million of stock in Q4 2026 and $100.0 million in Q1 2026, which supports EPS but also reduces cash available for other uses.

Longer-term trend: Cirrus Logic has generally remained profitable across the last four years, with strong gross margins and recurring operating cash generation. The main risk is not profitability, but cyclicality: earnings and cash flow can move quickly with revenue, and quarterly working capital swings can be large. Still, the company’s cash-rich balance sheet and low debt give it considerable flexibility.

06/10/26 06:48 PM ETAI Generated. May Contain Errors.

Cirrus Logic Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Cirrus Logic's financial year ends in March. Their financial year 2026 ended on March 28, 2026.

Cirrus Logic's net income appears to be on an upward trend, with a most recent value of $414.41 million in 2026, rising from $123.63 million in 2016. The previous period was $331.51 million in 2025. See Cirrus Logic's forecast for analyst expectations on what's next for the company.

Cirrus Logic's total operating income in 2026 was $460.38 million, based on the following breakdown:
  • Total Gross Profit: $1.05 billion
  • Total Operating Expenses: $593.79 million

Over the last 10 years, Cirrus Logic's total revenue changed from $1.17 billion in 2016 to $2.00 billion in 2026, a change of 70.8%.

Cirrus Logic's total liabilities were at $361.38 million at the end of 2026, a 4.3% decrease from 2025, and a 12.1% increase since 2016.

In the past 10 years, Cirrus Logic's cash and equivalents has ranged from $168.79 million in 2016 to $800.93 million in 2026, and is currently $800.93 million as of their latest financial filing in 2026.

Over the last 10 years, Cirrus Logic's book value per share changed from 13.62 in 2016 to 41.72 in 2026, a change of 206.4%.


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Financial statements for NASDAQ:CRUS last updated on 5/23/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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