Cirrus Logic, Inc. (CRUS) Q2 2027 Earnings Call Transcript
Cirrus Logic's gross margin has held in a tight 50.5% to 53.6% band across the ten quarters reviewed, and cash climbed from $445.8M to $720.1M while debt-to-equity stayed between 0.06 and 0.12, suggesting a financially resilient, asset-light franchise.
Price trend, volume and key moving averages
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Revenue ranged from $374.0M to $580.6M with gross margin anchored near 53% and operating margin peaking at 26.3% in 2026Q3 before recovering to 23.7% in 2027Q2, though diluted EPS declined 10.1% year over year despite revenue of $559.5M.
Cirrus Logic has high operating margins, strong cash flow, and healthy cash reserves, enabling robust debt servicing and financial flexibility.
The company's expertise in low-power mixed-signal processing and ability to deliver differentiating features is valued in key markets.
Cirrus leads with award-winning aircraft like the SR Series and Vision Jet, blending innovation, luxury, and safety in personal aviation.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 4, 2026 | $2.70+11.6% vs $2.42 | $559M+3.5% vs $540M |
Q3 2026 Aug 5, 2026 | $1.84+1.7% vs $1.81 | $460M-0.1% vs $460M |
Q2 2026 May 6, 2026 | $1.95+10.8% vs $1.76 | $449M+1.4% vs $442M |
Q1 2026 Feb 3, 2026 | $2.97+22.7% vs $2.42 | $581M+8.6% vs $535M |
Cirrus Logic, Inc. (CRUS) Q2 2027 Earnings Call Transcript
Cirrus Logic NASDAQ: CRUS reported fiscal second-quarter revenue of $559.5 million, up 22% from the prior quarter, as higher smartphone volumes and increased content per device helped offset weaker PC and general-market sales.
Cirrus Logic (CRUS) came out with quarterly earnings of $2.7 per share, beating the Zacks Consensus Estimate of $2.44 per share. This compares to earnings of $2.83 per share a year ago.
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (Nasdaq: CRUS) posted on its website at investor.cirrus.com the quarterly Shareholder Letter that contains the complete financial results for the second quarter of fiscal year 2027, which ended September 26, 2026, as well as the company's current business outlook. “Cirrus Logic delivered solid results in the September quarter primarily driven by strong demand and increased content shipping into smartphones,” said John Forsyth, Cirrus Logic pres.

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Key metrics vs top competitors for Cirrus Logic, Inc. (CRUS)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $113.58 | $5.73B | 14.49 | 5.34% | 20.75% | 20.33% | — | |
| $116.70 | $4.56B | -9.25 | 11.44% | -75.67% | -79.77% | — | |
| $210.98 | $16.1B | -289.01 | 32.58% | 20.7% | 17.09% | — | |
| $77.36 | $3.55B | 54.10 | 13.04% | 5.27% | 4.38% | — | |
| $221.50 | $7.31B | -111.87 | 34.29% | -4.57% | -3.59% | — | |
| $40.26 | $2.24B | 103.23 | 5.85% | 5.58% | 3.72% | 2.08% |
Cirrus Logic, Inc. (CRUS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Cirrus Logic, Inc. (CRUS) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 5, 2026·SEC
Aug 3, 2026·SEC
May 6, 2026·SEC
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Cirrus Logic, Inc. (CRUS) stock FAQ — growth, dividends, profitability & financials explained
Cirrus Logic, Inc. (CRUS) reported $2.05B in revenue over the trailing twelve months. Revenue was $2.00B in fiscal year 2026. That is 118% more than the $917.2M of fiscal year 1997.
Cirrus Logic, Inc. (CRUS) grew revenue by 5.3% in fiscal year 2026, compared with the prior fiscal year.
Yes. Cirrus Logic, Inc. (CRUS) earned $430.6M in net income over the trailing twelve months (a 21.0% net margin).
Cirrus Logic, Inc. (CRUS) had a return on equity (ROE) of 20.3% in fiscal year 2026. That is well above the market's typical 10-15%.
Cirrus Logic, Inc. (CRUS) generated $572.1M in free cash flow over the trailing twelve months.