Stocks · Technology · Semiconductors & Related Devices

CIRRUS LOGIC, INC.

CRUS Clue Score67
United States Fiscal year ends March CIK 0000772406
$106.87 -5.59% Close, 9 Oct 2026
Price $106.87 +33.91% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 11 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue1,538.9Operating income317.1Net income261.2EPS, diluted3.92Fiscal year 2018Revenue1,532.2 −0.4%Operating income262.5Net income162.0 −38.0%EPS, diluted2.46 −37.2%Fiscal year 2019Revenue1,185.5 −22.6%Operating income100.8Net income90.0 −44.4%EPS, diluted1.46 −40.7%Fiscal year 2020Revenue1,281.1 +8.1%Operating income173.5Net income159.5 +77.2%EPS, diluted2.64 +80.8%Fiscal year 2021Revenue1,369.2 +6.9%Operating income237.2Net income217.3 +36.3%EPS, diluted3.62 +37.1%Fiscal year 2022Revenue1,781.5 +30.1%Operating income366.3Net income326.4 +50.2%EPS, diluted5.52 +52.5%Fiscal year 2023Revenue1,897.6 +6.5%Operating income249.0Net income176.7 −45.9%EPS, diluted3.09 −44.0%Fiscal year 2024Revenue1,788.9 −5.7%Operating income343.5Net income274.6 +55.4%EPS, diluted4.90 +58.6%Fiscal year 2025Revenue1,896.1 +6.0%Operating income410.4Net income331.5 +20.7%EPS, diluted6.00 +22.4%Fiscal year 2026Revenue1,997.4 +5.3%Operating income460.4Net income414.4 +25.0%EPS, diluted7.85 +30.8%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 1,538.9 1,532.2 1,185.5 1,281.1 1,369.2 1,781.5 1,897.6 1,788.9 1,896.1 1,997.4
Growth −0.4% −22.6% +8.1% +6.9% +30.1% +6.5% −5.7% +6.0% +5.3%
Operating income 317.1 262.5 100.8 173.5 237.2 366.3 249.0 343.5 410.4 460.4
Net income 261.2 162.0 90.0 159.5 217.3 326.4 176.7 274.6 331.5 414.4
Growth −38.0% −44.4% +77.2% +36.3% +50.2% −45.9% +55.4% +20.7% +25.0%
EPS, diluted 3.92 2.46 1.46 2.64 3.62 5.52 3.09 4.90 6.00 7.85
Growth −37.2% −40.7% +80.8% +37.1% +52.5% −44.0% +58.6% +22.4% +30.8%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin49.2%Operating margin20.6%Net margin17.0%Free cash flow margin21.3%Fiscal year 2018Gross margin49.6%Operating margin17.1%Net margin10.6%Free cash flow margin17.2%Fiscal year 2019Gross margin50.4%Operating margin8.5%Net margin7.6%Free cash flow margin14.8%Fiscal year 2020Gross margin52.6%Operating margin13.5%Net margin12.4%Free cash flow margin21.9%Fiscal year 2021Gross margin51.7%Operating margin17.3%Net margin15.9%Free cash flow margin24.2%Fiscal year 2022Gross margin51.8%Operating margin20.6%Net margin18.3%Free cash flow margin5.5%Fiscal year 2023Gross margin50.4%Operating margin13.1%Net margin9.3%Free cash flow margin16.0%Fiscal year 2024Gross margin51.2%Operating margin19.2%Net margin15.3%Free cash flow margin21.5%Fiscal year 2025Gross margin52.5%Operating margin21.6%Net margin17.5%Free cash flow margin22.2%Fiscal year 2026Gross margin52.8%Operating margin23.0%Net margin20.7%Free cash flow margin31.9%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 49.2% 49.6% 50.4% 52.6% 51.7% 51.8% 50.4% 51.2% 52.5% 52.8%
Operating margin 20.6% 17.1% 8.5% 13.5% 17.3% 20.6% 13.1% 19.2% 21.6% 23.0%
Net margin 17.0% 10.6% 7.6% 12.4% 15.9% 18.3% 9.3% 15.3% 17.5% 20.7%
Free cash flow margin 21.3% 17.2% 14.8% 21.9% 24.2% 5.5% 16.0% 21.5% 22.2% 31.9%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow369.8Capital expenditure−41.8Free cash flow327.9Buybacks−15.4Fiscal year 2018Operating cash flow318.7Capital expenditure−55.2Free cash flow263.5 −19.6%Buybacks−175.8Fiscal year 2019Operating cash flow206.7Capital expenditure−31.6Free cash flow175.1 −33.6%Buybacks−160.0Fiscal year 2020Operating cash flow295.8Capital expenditure−15.7Free cash flow280.2 +60.0%Buybacks−120.0Fiscal year 2021Operating cash flow348.9Capital expenditure−18.3Free cash flow330.7 +18.0%Buybacks−110.0Fiscal year 2022Operating cash flow124.8Capital expenditure−26.1Free cash flow98.6 −70.2%Buybacks−167.5Fiscal year 2023Operating cash flow339.6Capital expenditure−35.1Free cash flow304.5 +208.8%Buybacks−191.4Fiscal year 2024Operating cash flow421.7Capital expenditure−37.7Free cash flow384.0 +26.1%Buybacks−186.0Fiscal year 2025Operating cash flow444.4Capital expenditure−22.8Free cash flow421.6 +9.8%Buybacks−261.0Fiscal year 2026Operating cash flow650.6Capital expenditure−14.0Free cash flow636.6 +51.0%Buybacks−280.0
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 369.8 318.7 206.7 295.8 348.9 124.8 339.6 421.7 444.4 650.6
Capital expenditure −41.8 −55.2 −31.6 −15.7 −18.3 −26.1 −35.1 −37.7 −22.8 −14.0
Free cash flow 327.9 263.5 175.1 280.2 330.7 98.6 304.5 384.0 421.6 636.6
Growth −19.6% −33.6% +60.0% +18.0% −70.2% +208.8% +26.1% +9.8% +51.0%
Buybacks −15.4 −175.8 −160.0 −120.0 −110.0 −167.5 −191.4 −186.0 −261.0 −280.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2017Cash351.2Shareholders’ equity1,151.7Fiscal year 2018Cash235.6Shareholders’ equity1,161.7Fiscal year 2019Cash216.2Shareholders’ equity1,140.2Fiscal year 2020Cash292.1Shareholders’ equity1,229.8Fiscal year 2021Cash442.2Shareholders’ equity1,389.0Fiscal year 2022Cash369.8Shareholders’ equity1,599.8Fiscal year 2023Cash445.8Shareholders’ equity1,658.3Fiscal year 2024Cash502.8Shareholders’ equity1,817.0Fiscal year 2025Cash539.6Shareholders’ equity1,949.4Fiscal year 2026Cash800.9Shareholders’ equity2,128.0
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 351.2 235.6 216.2 292.1 442.2 369.8 445.8 502.8 539.6 800.9
Shareholders’ equity 1,151.7 1,161.7 1,140.2 1,229.8 1,389.0 1,599.8 1,658.3 1,817.0 1,949.4 2,128.0

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending March, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 25 Mar 2017 FY2018 31 Mar 2018 FY2019 30 Mar 2019 FY2020 28 Mar 2020 FY2021 27 Mar 2021 FY2022 26 Mar 2022 FY2023 25 Mar 2023 FY2024 30 Mar 2024 FY2025 29 Mar 2025 FY2026 28 Mar 2026
Revenue and profit
1,538.9 1,532.2 1,185.5 1,281.1 1,369.2 1,781.5 1,897.6 1,788.9 1,896.1 1,997.4
Growth −0.4% −22.6% +8.1% +6.9% +30.1% +6.5% −5.7% +6.0% +5.3%
781.1 771.5 588.0 607.0 661.9 857.8 940.6 872.8 900.0 943.2
757.8 760.7 597.5 674.2 707.3 923.6 957.0 916.1 996.0 1,054.2
Growth +0.4% −21.5% +12.8% +4.9% +30.6% +3.6% −4.3% +8.7% +5.8%
303.7 366.4 375.1 347.6 342.8 406.3 458.4 426.5 434.7 434.0
127.3 131.8 126.5 131.1 127.0 151.0 153.1 144.2 151.0 159.8
317.1 262.5 100.8 173.5 237.2 366.3 249.0 343.5 410.4 460.4
Growth −17.2% −61.6% +72.2% +36.7% +54.5% −32.0% +37.9% +19.5% +12.2%
315.0 265.1 93.7 181.3 245.2 368.7 254.7 363.9 444.9 496.7
53.8 103.1 3.8 21.8 27.9 42.3 78.0 89.4 113.4 82.3
261.2 162.0 90.0 159.5 217.3 326.4 176.7 274.6 331.5 414.4
Growth −38.0% −44.4% +77.2% +36.3% +50.2% −45.9% +55.4% +20.7% +25.0%
Per share
4.12 2.55 1.50 2.74 3.74 5.70 3.18 5.06 6.24 8.10
3.92 2.46 1.46 2.64 3.62 5.52 3.09 4.90 6.00 7.85
Growth −37.2% −40.7% +80.8% +37.1% +52.5% −44.0% +58.6% +22.4% +30.8%
63.3 63.4 60.1 58.3 58.1 57.3 55.6 54.3 53.1 51.1
66.6 66.0 61.6 60.5 60.1 59.1 57.2 56.0 55.2 52.8
Growth −0.9% −6.6% −1.8% −0.7% −1.5% −3.2% −2.1% −1.4% −4.4%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 7.8% a year over five years, and earnings per share grew 16.7% a year.
  • The diluted share count fell 12.1% in five years, so buybacks did some of the work per share.
  • Operating margin is up 5.7 points on five years ago, at 23.0%.
  • Profitable in every one of the 10 years on file.