Cirrus Logic, Inc. (CRUS) Stock Analysis
Technology · Semiconductors · NasdaqGS
Cirrus Logic, Inc. (CRUS) posted $2.00B in revenue for fiscal 2026 (up 5.3% year over year), at a 20.7% net margin, and has compounded revenue about 7.8%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Cirrus Logic, Inc.
Cirrus Logic, Inc. has grown revenue from $1.54B to $2.00B over the last 10 fiscal years, compounding about 7.8% a year. The most recent year was up 5.3%, so growth has cooled from its longer-run pace.
Net margin sits at 20.7%, up 3.2 points year over year on a 52.8% gross margin.
At today's valuation the market is pricing in roughly 1.3% annual free-cash-flow growth — versus the 14% it actually delivered over the last five years, so the price is arguably undemanding against what it has already proven.
Synthesised from Cirrus Logic, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Cirrus Logic, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.54B | $1.53B | $1.19B | $1.28B | $1.37B | $1.78B | $1.90B | $1.79B | $1.90B | $2.00B |
| Gross profit | $757.82M | $760.72M | $597.50M | $674.17M | $707.30M | $923.64M | $956.98M | $916.07M | $996.04M | $1.05B |
| Net income | $261.21M | $162.00M | $89.99M | $159.50M | $217.34M | $326.36M | $176.70M | $274.57M | $331.51M | $414.41M |
| Net margin | 17.0% | 10.6% | 7.6% | 12.4% | 15.9% | 18.3% | 9.3% | 15.3% | 17.5% | 20.7% |
Source: Cirrus Logic, Inc. SEC filings (10-K). 17 years of history available in the interactive view.
Cirrus Logic, Inc.: no obvious red flags in the filings
Our deterministic scan of the filed statements — receivables vs sales, earnings vs cash, dilution, leverage and margins — didn't flag anything. Ask about the risks →
What growth is priced into CRUS stock?
At today's market cap of $7.96B, Cirrus Logic, Inc. is priced for free-cash-flow growth of about 1.3% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $636.61M from the FY ending 2026-03-31). For comparison, free cash flow actually grew 14%/yr over the last five fiscal years and revenue 7.8%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 17 years of Cirrus Logic, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Cirrus Logic, Inc. financial history by metric
Compare Cirrus Logic, Inc. with peers
About Cirrus Logic, Inc.
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.
Cirrus Logic, Inc. — frequently asked questions
What is Cirrus Logic, Inc.'s revenue?
Cirrus Logic, Inc. (CRUS) reported revenue of $2.00B for fiscal year 2026, up 5.3% from the prior year, according to its SEC filings.
Is Cirrus Logic, Inc. profitable?
Yes. CRUS earned net income of $414.41M in fiscal 2026, a net margin of 20.7%.
What is CRUS's P/E ratio?
Cirrus Logic, Inc. trades at a price-to-earnings ratio of about 20.1 based on the latest data in our nightly-refreshed cache.
How fast is Cirrus Logic, Inc. growing?
CRUS's revenue grew at roughly 7.8% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Cirrus Logic, Inc. have?
As of fiscal year 2026, CRUS carried roughly $0 in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Cirrus Logic, Inc.'s gross margin?
CRUS's gross margin was 52.8% in fiscal 2026 — gross profit of $1.05B on revenue of $2.00B.
What is Cirrus Logic, Inc.'s market cap?
Cirrus Logic, Inc. (CRUS) has a market capitalization of about $7.96B, based on the latest data in our nightly-refreshed cache.
When does Cirrus Logic, Inc.'s fiscal year end?
CRUS's fiscal year ends in March. Its most recent annual filing covers the fiscal year ending 2026-03-31.
What growth is priced into CRUS stock?
At today's market cap of $7.96B, Cirrus Logic, Inc. is priced for free-cash-flow growth of about 1.3% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $636.61M from the FY ending 2026-03-31). For comparison, free cash flow actually grew 14%/yr over the last five fiscal years and revenue 7.8%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Cirrus Logic, Inc.'s official SEC filings (10-K and 10-Q), covering 17 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.