CRUS · XBRL financial data
Cirrus Logic financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (CRUS's year ends in late March)
| In millions of dollars | Mar 27, 2021 | Mar 26, 2022 | Mar 25, 2023 | Mar 30, 2024 | Mar 29, 2025 | Mar 28, 2026 |
|---|---|---|---|---|---|---|
| Revenue from contracts with customers | 1,369 | 1,781 | 1,898 | 1,789 | 1,896 | 1,997 |
| Cost of goods and services sold | 662 | 858 | 941 | 873 | 900 | 943 |
| Gross profit | 707 | 924 | 957 | 916 | 996 | 1,054 |
| Research and development | 343 | 406 | 458 | 426 | 435 | 434 |
| Selling, general and administrative | 127 | 151 | 153 | 144 | 151 | 160 |
| Total operating expenses | 470 | 557 | 708 | 573 | 586 | 594 |
| Operating income (loss) | 237 | 366 | 249 | 343 | 410 | 460 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 1 |
| Other income (expense) | 3 | 2 | (3) | (0) | 1 | (0) |
| Income tax expense (benefit) | 28 | 42 | 78 | 89 | 113 | 82 |
| Net income (loss) | 217 | 326 | 177 | 275 | 332 | 414 |
| Earnings per share, basic USD per share | 3.74 | 5.70 | 3.18 | 5.06 | 6.24 | 8.10 |
| Earnings per share, diluted USD per share | 3.62 | 5.52 | 3.09 | 4.90 | 6.00 | 7.85 |
| Weighted average shares, basic millions of shares | 58 | 57 | 56 | 54 | 53 | 51 |
| Weighted average shares, diluted millions of shares | 60 | 59 | 57 | 56 | 55 | 53 |
Balance sheet
CSVFiscal years (CRUS's year ends in late March)
| In millions of dollars | Mar 27, 2021 | Mar 26, 2022 | Mar 25, 2023 | Mar 30, 2024 | Mar 29, 2025 | Mar 28, 2026 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 442 | 370 | 446 | 503 | 540 | 801 |
| Marketable securities | 56 | 11 | — | — | — | — |
| Marketable securities, non-current | 313 | 64 | — | — | — | — |
| Accounts receivable | 109 | 240 | 150 | 162 | 216 | 220 |
| Inventory | 173 | 138 | 233 | 227 | 299 | 241 |
| Total current assets | 843 | 840 | 1,018 | 1,106 | 1,240 | 1,434 |
| Property and equipment, net | 155 | 157 | 163 | 170 | 160 | 144 |
| Right-of-use asset | 134 | 171 | 128 | 138 | 127 | 121 |
| Goodwill | 288 | 436 | 436 | 436 | 436 | 436 |
| Total assets | 1,831 | 2,123 | 2,064 | 2,232 | 2,327 | 2,489 |
| Accounts payable | 103 | 115 | 81 | 56 | 63 | 81 |
| Total current liabilities | 214 | 265 | 216 | 186 | 195 | 195 |
| Lease liability, non-current | 128 | 163 | 123 | 135 | 122 | 114 |
| Retained earnings (accumulated deficit) | (113) | 23 | (9) | 59 | 90 | 185 |
| Total stockholders' equity | 1,389 | 1,600 | 1,658 | 1,817 | 1,949 | 2,128 |
| Total liabilities and equity | 1,831 | 2,123 | 2,064 | 2,232 | 2,327 | 2,489 |
| Common shares outstanding (cover page) millions of shares | 58 | 56 | 55 | 54 | 52 | 51 |
Cash flows
CSVFiscal years (CRUS's year ends in late March)
| In millions of dollars | Mar 27, 2021 | Mar 26, 2022 | Mar 25, 2023 | Mar 30, 2024 | Mar 29, 2025 | Mar 28, 2026 |
|---|---|---|---|---|---|---|
| Net income (loss) | 217 | 326 | 177 | 275 | 332 | 414 |
| Stock-based compensation | 57 | 66 | 82 | 89 | 84 | 82 |
| Depreciation and amortization | 47 | 62 | 71 | 48 | 51 | 52 |
| Net cash from operating activities | 349 | 125 | 340 | 422 | 444 | 651 |
| Purchases of property and equipment | 18 | 26 | 35 | 38 | 23 | 14 |
| Net cash from investing activities | (78) | (18) | (33) | (163) | (124) | (75) |
| Share repurchases | 110 | 168 | 191 | 186 | 261 | 280 |
| Net cash from financing activities | (121) | (179) | (230) | (202) | (283) | (314) |
| Net change in cash | 150 | (72) | 76 | 57 | 37 | 261 |
Compare with peers
SIC 3674 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 3674 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Cirrus Logic | 720 | 559 | 51* | 49.9M | — | 10-QSep 26, 2026 |
| Astera Labs | 209 | 585 | 179* | 174.8M | — | 10-QSep 30, 2026 |
| Credo Technology Group Holding | 467 | 479 | 90 | 188.0M | — | 10-QAug 1, 2026 |
| Advanced Energy Industries | 1,425 | 696 | 65* | 40.5M | — | 10-QSep 30, 2026 |
| Diodes | 430 | 446 | 68* | 46.1M | — | 10-QJun 30, 2026 |
| Ultra Clean Holdings | 271 | 759 | (42)* | 48.0M | 5.0 quarters | 10-QSep 25, 2026 |
| Osi Systems | 236 | 403 | 37 | 15.7M | — | 10-QSep 30, 2026 |
| Qorvo | 1,329 | 785 | 139 | 88.2M | — | 10-QJun 27, 2026 |
| Benchmark Electronics | 291 | 834 | 30* | 35.8M | — | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.
