Cirrus Logic Inc

Cirrus Logic Inc

CRUS · NASDAQ · Technology / Semiconductors

120.19USD-1.52 (-1.25%)

Price History

Full chart

Market Stats

Previous Close121.71
Open122.08
Day Range119.55 – 122.26
52-Week Range106.26 – 180.42
Volume537.30K
Market Cap5.95B
P/E (TTM)14.52
Forward P/E13.77
EPS8.18
Dividend Yield0.00%
Beta1.16
50-Day Avg122.04
200-Day Avg139.93

About

Cirrus Logic, Inc., a fabless semiconductor company, develops mixed-signal processing solutions and audio products in China, the United States, and internationally. The company offers audio products, including amplifiers; codecs components that integrate analog-to-digital converters (ADCs) and digital-to-analog converters (DACs) into a single integrated circuit (IC); smart codecs, a codec with integrated digital signal processing; standalone digital signal processors; and SoundClear technology for use in smartphones, PCs, tablets, AR/VR headsets, wearables, home theatre systems, automotive entertainment systems, and professional audio systems. It also provides camera controllers, haptic and sensing solutions, and battery and power ICs for smartphones, as well as products for automotive, industrial, and imaging applications. The company markets and sells its products through direct sales force, external sales representatives, and distributors. Cirrus Logic, Inc. was incorporated in 1984 and is headquartered in Austin, Texas.

Company Details

  • SectorTechnology
  • IndustrySemiconductors
  • CEOMr. John M. Forsyth
  • Employees1.65K
  • Headquarters800 West 6th Street, Austin, TX, United States, 78701, USA
  • Websitehttps://www.cirrus.com

Leadership

  • Mr. John M. ForsythCEO, President & Director · b. 1974
  • Mr. Jeffrey L. WoolardCFO & Principal Accounting Officer · b. 1970
  • Mr. Gregory Scott ThomasExecutive Vice President & General Counsel · b. 1966
  • Mr. Carl Jackson AlbertyExecutive Vice President of Mixed Signal Products · b. 1977
  • Mr. Justin E. DoughertyExecutive Vice President of Global Operations · b. 1976
  • Ms. Chelsea HeffernanDirector of Investor Relations
  • Mr. Andrew BrannanExecutive Vice President of Worldwide Sales · b. 1967
  • Ms. Denise GrodeExecutive VP & Chief Human Resources Officer · b. 1975
  • Mr. Jeffrey W. BaumgartnerExecutive Vice President of Research and Development · b. 1975
  • Mr. Michael Coyle BarrettCorporate Secretary

Financials

Income Statement

Currency: USD1988-03-311989-03-311990-03-311991-03-311992-03-311993-03-311994-03-311995-03-311996-03-311997-03-311998-03-311999-03-312000-03-312001-03-312002-03-312003-03-312004-03-312005-03-312006-03-312007-03-312008-03-312009-03-312010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Revenue9.20M36.90M85.00M141.80M171.60M354.80M544.10M889.00M1.15B917.20M954.30M628.11M564.40M778.67M417.53M262.00M196.34M194.90M193.69M182.30M181.88M174.64M220.99M369.57M426.84M809.79M714.34M916.57M1.17B1.54B1.53B1.19B1.28B1.37B1.78B1.90B1.79B1.90B2.00B
Growth (%)-+301.09%+130.35%+66.82%+21.02%+106.76%+53.35%+63.39%+29.01%-20.03%+4.04%-34.18%-10.14%+37.96%-46.38%-37.25%-25.06%-0.73%-0.62%-5.88%-0.23%-3.98%+26.54%+67.24%+15.50%+89.72%-11.79%+28.31%+27.57%+31.62%-0.44%-22.63%+8.06%+6.88%+30.11%+6.52%-5.73%+5.99%+5.34%
Cost of Revenue4.80M15.10M37.80M64.10M75.70M181.60M264.40M478.20M710.10M510.80M533.60M617.81M306.09M457.23M319.28M129.76M95.59M101.64M88.48M73.29M78.65M77.46M102.26M167.58M196.40M414.60M358.18M490.82M614.41M781.13M771.47M588.03M606.96M661.93M857.82M940.64M872.82M900.04M943.21M
Gross Profit4.40M21.80M47.20M77.70M95.90M173.20M279.70M410.80M436.80M406.40M420.70M10.30M258.31M321.44M98.25M132.24M100.74M93.26M105.21M109.01M103.23M97.18M118.73M202.00M230.44M395.19M356.16M425.75M554.84M757.82M760.72M597.50M674.17M707.30M923.64M956.98M916.07M996.04M1.05B
Gross Margin47.83%59.08%55.53%54.80%55.89%48.82%51.41%46.21%38.09%44.31%44.08%1.64%45.77%41.28%23.53%50.47%51.31%47.85%54.32%59.80%56.76%55.65%53.73%54.66%53.99%48.80%49.86%46.45%47.45%49.24%49.65%50.40%52.62%51.66%51.85%50.43%51.21%52.53%52.78%
Operating Expense12.90M17.40M31.10M51.10M74.70M141.90M240.50M326.60M468.40M445.50M368.80M390.36M391.16M251.99M333.32M336.13M75.20M131.77M65.90M103.04M118.00M93.97M93.33M118.67M150.91M194.36M201.15M316.98M374.63M440.76M498.25M496.73M500.69M470.12M557.30M707.95M572.61M585.68M593.79M
Operating Income-8.50M4.40M16.10M26.60M21.20M31.30M39.20M84.20M-31.60M-39.10M51.90M-380.06M-132.85M69.45M-235.07M-203.89M25.54M-38.51M39.31M5.98M-14.77M3.22M25.40M83.33M79.54M200.83M155.02M108.77M180.21M317.05M262.46M100.77M173.48M237.18M366.34M249.03M343.47M410.36M460.38M
Operating Margin-92.39%11.92%18.94%18.76%12.35%8.82%7.20%9.47%-2.76%-4.26%5.44%-60.51%-23.54%8.92%-56.30%-77.82%13.01%-19.76%20.30%3.28%-8.12%1.84%11.50%22.55%18.63%24.80%21.70%11.87%15.41%20.60%17.13%8.50%13.54%17.32%20.56%13.12%19.20%21.64%23.05%
EBITDA-6.80M6.70M19.90M31.70M29.60M46.50M66.10M118.50M32.70M48.90M123.80M-317.78M-100.63M84.22M-157.43M-137.37M76.66M-10.02M49.14M14.64M6.12M13.53M32.38M87.47M89.51M214.75M170.00M132.03M239.17M382.08M347.65M175.68M242.52M285.70M431.67M326.84M413.14M496.76M549.93M
EBITDA Margin-73.91%18.16%23.41%22.36%17.25%13.11%12.15%13.33%2.85%5.33%12.97%-50.59%-17.83%10.82%-37.71%-52.43%39.04%-5.14%25.37%8.03%3.36%7.75%14.65%23.67%20.97%26.52%23.80%14.40%20.46%24.83%22.69%14.82%18.93%20.87%24.23%17.22%23.09%26.20%27.53%
Net Income-8.40M4.10M15.40M18.80M15.60M20.60M44.70M61.40M-36.20M-46.20M36.50M-427.40M-47.10M143.18M-206.08M-199.21M46.50M-13.39M54.15M27.89M-5.85M3.48M38.40M203.50M87.98M136.60M108.11M55.18M123.63M261.21M162.00M89.99M159.50M217.34M326.36M176.70M274.57M331.51M414.41M
Net Income Margin-91.30%11.11%18.12%13.26%9.09%5.81%8.22%6.91%-3.16%-5.04%3.82%-68.05%-8.34%18.39%-49.36%-76.04%23.69%-6.87%27.95%15.30%-3.21%1.99%17.38%55.06%20.61%16.87%15.13%6.02%10.57%16.97%10.57%7.59%12.45%15.87%18.32%9.31%15.35%17.48%20.75%
R&D------124.40M165.60M238.80M230.80M179.60M149.76M121.41M127.60M121.65M95.27M76.17M66.83M45.10M43.96M48.48M44.31M51.42M63.93M85.70M114.07M126.19M197.88M269.22M303.66M366.44M375.14M347.65M342.76M406.31M458.41M426.48M434.68M433.95M
R&D as % of Total Revenue------22.86%18.63%20.82%25.16%18.82%23.84%21.51%16.39%29.14%36.36%38.79%34.29%23.28%24.11%26.66%25.37%23.27%17.30%20.08%14.09%17.67%21.59%23.02%19.73%23.92%31.64%27.14%25.03%22.81%24.16%23.84%22.93%21.73%
Interest Expense000000011.70M2.60M11.70M7.50M5.60M76.80M019.10M166.00K12.00M800.00K7.80M012.10M2.78M1.34M860.00K517.00K440.00K848.00K5.63M3.31M3.60M1.15M1.06M1.06M1.06M948.00K898.00K915.00K898.00K679.00K
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.32%0.23%1.28%0.79%0.89%13.61%0.00%4.57%0.06%6.11%0.41%4.03%0.00%6.65%1.59%0.61%0.23%0.12%0.05%0.12%0.61%0.28%0.23%0.08%0.09%0.08%0.08%0.05%0.05%0.05%0.05%0.03%

Balance Sheet

Currency: USD1988-03-311989-03-311990-03-311991-03-311992-03-311993-03-311994-03-311995-03-311996-03-311997-03-311998-03-311999-03-312000-03-312001-03-312002-03-312003-03-312004-03-312005-03-312006-03-312007-03-312008-03-312009-03-312010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Assets15.30M21.10M77.60M109.00M140.50M256.40M502.20M673.50M917.60M1.14B1.14B532.60M504.83M598.00M481.63M257.27M314.67M262.81M319.04M353.06M298.31M207.00M267.61M496.62M544.46M651.35M724.74M1.15B1.18B1.41B1.43B1.35B1.59B1.83B2.12B2.06B2.23B2.33B2.49B
Total Liabilities35.70M37.40M25.30M35.50M45.00M113.80M164.60M254.50M488.90M732.60M681.20M590.30M520.53M163.76M122.39M93.74M100.57M59.07M54.77M48.12M57.37M34.08M49.01M58.24M78.61M103.17M87.39M392.01M322.40M261.78M268.39M212.40M362.90M441.61M523.58M405.68M414.56M377.62M361.38M
Total Equity-20.40M-16.30M52.30M73.50M95.50M142.60M337.60M419.00M428.70M404.20M456.30M-57.70M-15.70M432.54M358.15M163.53M214.10M203.74M264.27M304.94M240.94M172.93M218.60M438.38M465.86M548.17M637.36M756.77M859.48M1.15B1.16B1.14B1.23B1.39B1.60B1.66B1.82B1.95B2.13B
Cash4.90M6.70M33.00M23.70M32.10M34.60M187.90M106.90M156.00M151.50M307.20M144.50M144.03M253.14M140.53M110.96M157.89M79.23M116.67M87.96M56.61M31.50M16.11M37.04M66.00M66.40M31.85M76.40M168.79M351.17M235.60M216.17M292.12M442.16M369.81M445.78M502.76M539.62M800.93M
Total Debt3.80M3.70M5.00M12.40M16.70M27.40M30.10M37.70M183.30M397.20M367.80M346.80M315.30M3.47M617.00K--3.80M5.60M4.80M2.90M2.10M1.10M6.08M---219.99M160.44M60.00M--142.89M142.46M177.84M141.07M155.22M143.72M133.98M
Net Debt-1.10M-3.00M-28.00M-11.30M-15.40M-7.20M-157.80M-69.20M27.30M245.70M60.60M202.30M171.26M-249.67M-139.91M-110.96M-157.89M-79.23M-116.67M-87.96M-56.61M-31.50M-16.11M-37.04M-66.00M-66.40M-31.85M104.04M-8.35M-291.17M-235.60M-216.17M-149.23M-299.71M-191.97M-304.71M-347.55M-395.90M-666.95M

Cash Flow

Currency: USD1990-03-311991-03-311992-03-311993-03-311994-03-311995-03-311996-03-311997-03-311998-03-311999-03-312000-03-312001-03-312002-03-312003-03-312004-03-312005-03-312006-03-312007-03-312008-03-312009-03-312010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Operating Cash Flow14.60M21.30M17.50M28.40M49.20M65.10M7.70M2.60M193.10M-15.80M-180.33M1.08M-29.00M-18.17M69.58M-17.10M59.82M35.63M31.35M23.07M25.14M86.94M83.19M160.82M228.04M163.48M149.05M369.75M318.71M206.69M295.81M348.94M124.75M339.57M421.67M444.37M650.60M
Investing Cash Flow-13.00M-39.60M-6.60M-29.60M-39.00M-161.60M-104.90M-221.00M-25.10M-31.69M184.55M114.44M-24.66M-12.43M-24.98M-65.07M-28.63M-71.52M2.87M36.48M-42.56M-74.25M18.44M-84.80M-220.35M-324.40M20.24M-69.86M-184.72M-54.66M-100.22M-77.67M-18.37M-33.33M-163.01M-124.28M-75.12M
Financing Cash Flow26.00M9.10M-4.80M10.60M143.00M9.60M186.40M214.00M-12.30M-115.24M-4.64M-6.42M-58.95M1.03M2.33M3.51M6.25M7.18M-65.56M-84.66M2.03M8.24M-72.67M-75.62M-42.24M205.47M-76.90M-117.51M-249.56M-171.46M-119.65M-121.22M-178.73M-230.27M-201.68M-283.23M-314.17M
Capital Expenditure7.30M10.90M5.50M26.70M34.90M47.30M127.80M30.70M27.60M12.66M8.41M18.46M8.59M15.41M2.31M3.62M2.20M5.26M7.45M5.19M5.84M21.59M42.55M52.90M15.06M36.70M46.09M51.30M84.50M35.76M15.66M18.25M30.01M36.71M37.65M28.75M13.99M
Free Cash Flow7.30M10.40M12.00M1.70M14.30M17.80M-120.10M-28.10M165.50M-28.46M-188.74M-17.38M-37.59M-33.57M67.27M-20.72M57.62M30.36M23.90M17.88M19.30M65.35M40.64M107.92M212.98M126.78M102.96M318.45M234.21M170.94M280.16M330.69M94.74M302.85M384.02M415.61M636.61M
Dividends Paid--4.40M-------------------000226.44M000--------
FCF to OCF50.00%48.83%68.57%5.99%29.07%27.34%-1559.74%-1080.77%85.71%180.16%104.66%-1607.77%129.62%184.81%96.67%121.17%96.33%85.23%76.24%77.51%76.77%75.17%48.85%67.11%93.40%77.55%69.08%86.13%73.49%82.70%94.71%94.77%75.94%89.19%91.07%93.53%97.85%
Dividend Paid to FCF--36.67%-------------------0.00%0.00%0.00%178.61%0.00%0.00%0.00%--------

Earnings

Report DateJan 25, 1996Apr 24, 1996Jul 18, 1996Oct 16, 1996Jan 15, 1997Apr 23, 1997Jul 25, 1997Oct 16, 1997Jan 21, 1998Apr 22, 1998Jul 15, 1998Oct 21, 1998Jan 20, 1999Apr 21, 1999Jul 21, 1999Oct 21, 1999Jan 19, 2000Apr 26, 2000Jul 19, 2000Oct 18, 2000Jan 24, 2001May 2, 2001Jul 23, 2001Oct 24, 2001Jan 23, 2002May 1, 2002Jul 22, 2002Oct 23, 2002Jan 22, 2003Apr 30, 2003Jul 23, 2003Oct 22, 2003Jan 21, 2004Apr 28, 2004Jul 21, 2004Oct 20, 2004Jan 26, 2005Apr 27, 2005Jul 20, 2005Oct 19, 2005Jan 25, 2006Apr 26, 2006Jul 26, 2006Oct 25, 2006Feb 8, 2007May 9, 2007Jul 25, 2007Oct 24, 2007Jan 30, 2008May 1, 2008Jul 23, 2008Oct 22, 2008Jan 28, 2009Apr 29, 2009Jul 22, 2009Oct 20, 2009Jan 28, 2010Apr 27, 2010Jul 20, 2010Oct 21, 2010Jan 27, 2011Apr 28, 2011Jul 21, 2011Oct 19, 2011Jan 26, 2012Apr 25, 2012Jul 30, 2012Oct 31, 2012Jan 24, 2013Apr 25, 2013Jul 25, 2013Oct 29, 2013Jan 28, 2014Apr 24, 2014Jul 23, 2014Oct 29, 2014Jan 28, 2015Apr 28, 2015Jul 22, 2015Oct 28, 2015Jan 27, 2016Apr 26, 2016Jul 27, 2016Oct 27, 2016Feb 1, 2017May 3, 2017Aug 2, 2017Nov 2, 2017Feb 5, 2018May 2, 2018Aug 1, 2018Nov 1, 2018Jan 30, 2019May 1, 2019Jul 31, 2019Oct 30, 2019Jan 29, 2020May 4, 2020Aug 3, 2020Nov 2, 2020Feb 1, 2021Apr 29, 2021Jul 28, 2021Nov 1, 2021Jan 31, 2022May 3, 2022Aug 2, 2022Nov 1, 2022Feb 2, 2023May 4, 2023Aug 2, 2023Nov 2, 2023Feb 6, 2024May 7, 2024Aug 6, 2024Nov 4, 2024Feb 4, 2025May 6, 2025Aug 5, 2025Nov 4, 2025Feb 3, 2026May 6, 2026Aug 5, 2026Nov 3, 2026
EPS Estimate0.17-0.16-0.130.000.090.100.040.070.100.110.01-0.020.030.03--0.040.020.050.100.180.260.060.11-0.20-0.22-0.12-0.09-0.09-0.08-0.08-0.14-0.11-0.03-0.04-0.01-0.04-0.04-0.040.020.070.080.060.09--0.080.070.080.080.050.040.090.04-0.03-0.110.190.150.260.420.320.250.240.320.420.350.210.711.410.690.480.600.770.320.300.550.750.470.480.580.810.210.291.051.620.700.661.211.780.580.070.740.780.120.150.941.140.500.300.891.860.710.391.632.141.400.831.441.990.840.411.542.010.640.622.022.041.181.102.382.441.761.452.12
EPS Actual0.13-1.38-0.12-0.030.07-0.020.040.130.170.130.010.020.040.100.01-0.020.050.050.150.230.280.060.10-0.20-0.19-0.12-0.09-0.09-0.08-0.08-0.20-0.06-0.02-0.090.01-0.11-0.05-0.040.050.080.090.080.100.110.040.090.070.070.070.060.060.150.07-0.01-0.010.110.190.160.280.390.330.220.240.330.430.360.220.791.640.590.560.840.890.410.370.680.970.660.540.650.820.380.441.351.870.850.811.361.590.510.281.080.910.370.351.551.410.680.531.262.130.660.541.822.542.011.121.992.400.920.671.802.891.241.122.252.511.671.512.832.971.951.50-
Surprise-23.53%-762.50%7.69%--22.22%-120.00%0.00%85.71%70.00%18.18%0.00%200.00%33.33%233.33%-50.00%150.00%0.00%50.00%27.78%7.69%0.00%-9.09%0.00%13.64%0.00%0.00%0.00%0.00%0.00%-42.86%45.45%33.33%-125.00%200.00%-175.00%-25.00%0.00%150.00%14.29%12.50%33.33%11.11%--12.50%0.00%-12.50%-12.50%20.00%50.00%66.67%75.00%66.67%-0.00%0.00%6.67%7.69%-7.14%3.13%-12.00%0.00%3.13%2.38%2.86%4.76%11.27%16.31%-14.49%16.67%40.00%15.58%28.13%23.33%23.64%29.33%40.43%12.50%12.07%1.23%80.95%51.72%28.57%15.43%21.43%22.73%12.40%-10.67%-12.07%300.00%45.95%16.67%208.33%133.33%64.89%23.68%36.00%76.67%41.57%14.52%-7.04%38.46%11.66%18.69%43.57%34.94%38.19%20.60%9.52%63.41%16.88%43.78%93.75%80.65%11.39%23.04%41.53%37.27%18.91%21.72%10.80%3.45%-
Timing-----Pre-marketPre-marketPre-marketPre-marketPre-marketPre-market------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours--After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap5.95B
Enterprise Value5.28B
Trailing P/E14.52
Forward P/E13.77
PEG Ratio9.35
Price / Sales2.90
Price / Book2.76
EPS8.18
Book Value43.40
Revenue (TTM)2.05B
Gross Profit (TTM)1.08B
EBITDA524.70M
Profit Margin21.00%
Operating Margin18.37%
Return on Equity20.90%
Return on Assets12.16%
Shares Outstanding50.12M
Shares Float49.63M
Beta1.16
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 8 analystsTarget 165.00
  • Strong Buy
    6
  • Hold
    2

Ownership Breakdown

Institutions
107.48%
Insiders
0.56%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    5.24M10.46%
  • Vanguard Portfolio Management, LLC
    3.78M7.54%
  • LSV Asset Management
    2.36M4.70%
  • Vanguard Capital Management, LLC
    2.30M4.58%
  • State Street Corp
    1.94M3.88%
  • Fuller & Thaler Asset Management Inc
    1.61M3.21%
  • Geode Capital Management, LLC
    1.45M2.89%
  • Dimensional Fund Advisors, Inc.
    1.32M2.64%
  • Earnest Partners LLC
    1.30M2.59%
  • Bank of America Corp
    1.23M2.45%
  • AQR Capital Management LLC
    1.01M2.02%
  • Quantinno Capital Management LP
    942.21K1.88%
  • SEI Investments Co
    926.64K1.85%
  • Mackenzie Investments
    870.71K1.74%
  • Allianz Asset Management AG
    864.14K1.72%
  • Acadian Asset Management LLC
    834.28K1.66%

Top Fund Holders

  • iShares Core S&P Mid-Cap ETF
    1.79M3.56%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.61M3.21%
  • FullerThaler Behavioral Sm-Cp Eq R6
    1.49M2.97%
  • Vanguard Small Cap Index
    1.16M2.32%

Stock Splits

  • Jul 18, 19952:1