Cirrus Logic Inc Financials
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Cirrus Logic Inc has an operating margin of 21.6%, meaning the company retains $22 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is up from 19.2% the prior year.
Cirrus Logic Inc's revenue grew 6.0% year-over-year to $1.9B, a solid pace of expansion. This earns a growth score of 46/100.
Cirrus Logic Inc carries a low D/E ratio of 0.19, meaning only $0.19 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 6.35, Cirrus Logic Inc holds $6.35 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
Cirrus Logic Inc converts 22.2% of revenue into free cash flow ($421.6M). This strong cash generation earns a score of 100/100.
Cirrus Logic Inc earns a strong 17.0% return on equity (ROE), meaning it generates $17 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 68/100. This is up from 15.1% the prior year.
Cirrus Logic Inc scores 13.71, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($7.4B) relative to total liabilities ($377.6M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Cirrus Logic Inc passes 8 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Cirrus Logic Inc generates $1.34 in operating cash flow ($444.4M OCF vs $331.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Cirrus Logic Inc earns $457.0 in operating income for every $1 of interest expense ($410.4M vs $898K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
This page shows Cirrus Logic Inc (CRUS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Cirrus Logic Inc generated $1.9B in revenue in fiscal year 2025. This represents an increase of 6.0% from the prior year.
Cirrus Logic Inc's EBITDA was $461.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 17.8% from the prior year.
Cirrus Logic Inc generated $421.6M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 9.8% from the prior year.
Cirrus Logic Inc reported $331.5M in net income in fiscal year 2025. This represents an increase of 20.7% from the prior year.
Cirrus Logic Inc earned $6.00 per diluted share (EPS) in fiscal year 2025. This represents an increase of 22.4% from the prior year.
Cirrus Logic Inc held $539.6M in cash against $0 in long-term debt as of fiscal year 2025.
Cirrus Logic Inc had 52M shares outstanding in fiscal year 2025. This represents a decrease of 2.2% from the prior year.
Cirrus Logic Inc's gross margin was 52.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 1.3 percentage points from the prior year.
Cirrus Logic Inc's operating margin was 21.6% in fiscal year 2025, reflecting core business profitability. This is up 2.4 percentage points from the prior year.
Cirrus Logic Inc's net profit margin was 17.5% in fiscal year 2025, showing the share of revenue converted to profit. This is up 2.1 percentage points from the prior year.
Cirrus Logic Inc's ROE was 17.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.9 percentage points from the prior year.
Cirrus Logic Inc invested $434.7M in research and development in fiscal year 2025. This represents an increase of 1.9% from the prior year.
Cirrus Logic Inc spent $261.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 40.3% from the prior year.
Cirrus Logic Inc invested $22.8M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 39.5% from the prior year.
CRUS Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $580.6M+3.5% | $561.0M+37.7% | $407.3M-26.7% | $555.7M+2.6% | $541.9M+44.9% | $374.0M-39.6% | $619.0M+28.7% | $481.1M |
| Cost of Revenue | $272.5M+2.2% | $266.6M+38.0% | $193.2M-25.1% | $258.0M-0.5% | $259.3M+40.1% | $185.1M-38.6% | $301.5M+28.6% | $234.5M |
| Gross Profit | $308.1M+4.7% | $294.4M+37.5% | $214.0M-28.1% | $297.8M+5.4% | $282.6M+49.6% | $188.9M-40.5% | $317.5M+28.7% | $246.6M |
| R&D Expenses | $113.6M+3.2% | $110.0M+6.9% | $102.9M-8.9% | $113.0M0.0% | $112.9M+7.2% | $105.4M-6.5% | $112.7M+8.1% | $104.2M |
| SG&A Expenses | $41.6M+5.2% | $39.6M+2.2% | $38.7M-0.8% | $39.0M+3.3% | $37.8M+2.8% | $36.8M-2.2% | $37.6M+9.6% | $34.3M |
| Operating Income | $152.9M+5.6% | $144.8M+100.0% | $72.4M-50.3% | $145.8M+10.6% | $131.9M+181.8% | $46.8M-72.1% | $167.5M+58.4% | $105.7M |
| Interest Expense | $218K-10.3% | $243K+11.5% | $218K0.0% | $218K-10.7% | $244K+11.9% | $218K-7.2% | $235K-3.3% | $243K |
| Income Tax | $22.1M+1.6% | $21.8M+9.4% | $19.9M-47.1% | $37.7M-0.4% | $37.9M+161.0% | $14.5M-56.5% | $33.4M-1.8% | $34.0M |
| Net Income | $140.3M+6.6% | $131.6M+116.8% | $60.7M-47.7% | $116.0M+13.6% | $102.1M+142.6% | $42.1M-69.7% | $138.7M+84.0% | $75.4M |
| EPS (Diluted) | $2.66+7.3% | $2.48+117.5% | $1.14-46.0% | $2.11+15.3% | $1.83+140.8% | $0.76-69.6% | $2.50+86.6% | $1.34 |
CRUS Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.5B+1.1% | $2.4B+5.9% | $2.3B-2.9% | $2.4B+0.3% | $2.4B+4.0% | $2.3B+2.2% | $2.2B+5.4% | $2.1B |
| Current Assets | $1.4B+3.1% | $1.4B+10.1% | $1.2B-0.7% | $1.3B+2.1% | $1.2B+11.2% | $1.1B-7.1% | $1.2B+8.1% | $1.1B |
| Cash & Equivalents | $778.1M+31.1% | $593.5M+8.1% | $548.9M+4.3% | $526.4M+18.1% | $445.8M-9.3% | $491.4M+1.5% | $483.9M+74.2% | $277.8M |
| Inventory | $189.5M-19.8% | $236.4M-15.3% | $279.0M+1.2% | $275.6M+1.4% | $271.8M+16.9% | $232.6M-9.4% | $256.7M-22.0% | $328.9M |
| Accounts Receivable | $279.0M-21.5% | $355.4M+66.0% | $214.1M-18.3% | $261.9M-19.2% | $324.1M+70.5% | $190.1M-12.5% | $217.3M-20.1% | $271.9M |
| Goodwill | $435.9M0.0% | $435.9M0.0% | $435.9M0.0% | $435.9M0.0% | $435.9M0.0% | $435.9M0.0% | $435.9M0.0% | $435.9M |
| Total Liabilities | $353.3M-8.8% | $387.2M+6.3% | $364.4M-9.0% | $400.4M-6.4% | $428.0M+2.4% | $418.0M+0.4% | $416.4M+5.1% | $396.1M |
| Current Liabilities | $184.2M-12.4% | $210.3M+11.5% | $188.7M-10.5% | $210.9M-8.0% | $229.3M+13.6% | $201.7M+13.0% | $178.6M-11.2% | $201.2M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $2.1B+3.0% | $2.0B+5.8% | $1.9B-1.7% | $2.0B+1.8% | $1.9B+4.4% | $1.8B+2.6% | $1.8B+5.4% | $1.7B |
| Retained Earnings | $178.7M+28.5% | $139.0M+183.5% | $49.0M-60.5% | $124.1M+15.7% | $107.2M+83.0% | $58.6M-12.1% | $66.6M+5593.2% | -$1.2M |
CRUS Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $290.8M+215.4% | $92.2M-20.6% | $116.1M-46.9% | $218.6M+2555.7% | $8.2M-90.6% | $87.2M-72.2% | $313.7M+1480.0% | -$22.7M |
| Capital Expenditures | $5.1M+31.5% | $3.9M+46.6% | $2.6M-60.6% | $6.7M+150.4% | $2.7M-73.3% | $10.0M+1.8% | $9.8M+15.9% | $8.5M |
| Free Cash Flow | $285.7M+223.4% | $88.3M-22.2% | $113.5M-46.4% | $211.9M+3710.5% | $5.6M-92.8% | $77.2M-74.6% | $303.9M+1073.9% | -$31.2M |
| Investing Cash Flow | -$6.6M+17.2% | -$7.9M-27.6% | -$6.2M+84.1% | -$39.1M-613.8% | -$5.5M+91.8% | -$66.6M-80.0% | -$37.0M-304.0% | -$9.2M |
| Financing Cash Flow | -$99.7M-151.2% | -$39.7M+60.6% | -$100.7M-1.9% | -$98.8M-104.3% | -$48.3M-51.0% | -$32.0M+54.6% | -$70.6M-65.5% | -$42.7M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $70.0M+75.0% | $40.0M-60.0% | $100.0M+42.8% | $70.0M+40.1% | $50.0M+22.0% | $41.0M-28.0% | $56.9M+40.3% | $40.6M |
CRUS Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 53.1%+0.6pp | 52.5%-0.1pp | 52.5%-1.0pp | 53.6%+1.4pp | 52.1%+1.6pp | 50.5%-0.8pp | 51.3%+0.0pp | 51.3% |
| Operating Margin | 26.3%+0.5pp | 25.8%+8.0pp | 17.8%-8.4pp | 26.2%+1.9pp | 24.3%+11.8pp | 12.5%-14.6pp | 27.1%+5.1pp | 22.0% |
| Net Margin | 24.2%+0.7pp | 23.5%+8.6pp | 14.9%-6.0pp | 20.9%+2.0pp | 18.9%+7.6pp | 11.3%-11.2pp | 22.4%+6.7pp | 15.7% |
| Return on Equity | 6.7%+0.2pp | 6.4%+3.3pp | 3.1%-2.8pp | 5.9%+0.6pp | 5.3%+3.0pp | 2.3%-5.4pp | 7.7%+3.3pp | 4.4% |
| Return on Assets | 5.7%+0.3pp | 5.4%+2.8pp | 2.6%-2.3pp | 4.9%+0.6pp | 4.3%+2.5pp | 1.9%-4.4pp | 6.3%+2.7pp | 3.6% |
| Current Ratio | 7.65+1.2 | 6.50-0.1 | 6.58+0.6 | 5.93+0.6 | 5.34-0.1 | 5.46-1.2 | 6.64+1.2 | 5.45 |
| Debt-to-Equity | 0.17-0.0 | 0.190.0 | 0.19-0.0 | 0.20-0.0 | 0.220.0 | 0.230.0 | 0.230.0 | 0.23 |
| FCF Margin | 49.2%+33.5pp | 15.8%-12.1pp | 27.9%-10.3pp | 38.1%+37.1pp | 1.0%-19.6pp | 20.6%-28.5pp | 49.1%+55.6pp | -6.5% |
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Frequently Asked Questions
What is Cirrus Logic Inc's annual revenue?
Cirrus Logic Inc (CRUS) reported $1.9B in total revenue for fiscal year 2025. This represents a 6.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Cirrus Logic Inc's revenue growing?
Cirrus Logic Inc (CRUS) revenue grew by 6% year-over-year, from $1.8B to $1.9B in fiscal year 2025.
Is Cirrus Logic Inc profitable?
Yes, Cirrus Logic Inc (CRUS) reported a net income of $331.5M in fiscal year 2025, with a net profit margin of 17.5%.
What is Cirrus Logic Inc's earnings per share (EPS)?
Cirrus Logic Inc (CRUS) reported diluted earnings per share of $6.00 for fiscal year 2025. This represents a 22.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Cirrus Logic Inc's EBITDA?
Cirrus Logic Inc (CRUS) had EBITDA of $461.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Cirrus Logic Inc's gross margin?
Cirrus Logic Inc (CRUS) had a gross margin of 52.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Cirrus Logic Inc's operating margin?
Cirrus Logic Inc (CRUS) had an operating margin of 21.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Cirrus Logic Inc's net profit margin?
Cirrus Logic Inc (CRUS) had a net profit margin of 17.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Cirrus Logic Inc's return on equity (ROE)?
Cirrus Logic Inc (CRUS) has a return on equity of 17.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Cirrus Logic Inc's free cash flow?
Cirrus Logic Inc (CRUS) generated $421.6M in free cash flow during fiscal year 2025. This represents a 9.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Cirrus Logic Inc's operating cash flow?
Cirrus Logic Inc (CRUS) generated $444.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Cirrus Logic Inc's total assets?
Cirrus Logic Inc (CRUS) had $2.3B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Cirrus Logic Inc's capital expenditures?
Cirrus Logic Inc (CRUS) invested $22.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Cirrus Logic Inc spend on research and development?
Cirrus Logic Inc (CRUS) invested $434.7M in research and development during fiscal year 2025.
Does Cirrus Logic Inc buy back shares?
Yes, Cirrus Logic Inc (CRUS) spent $261.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
How many shares does Cirrus Logic Inc have outstanding?
Cirrus Logic Inc (CRUS) had 52M shares outstanding as of fiscal year 2025.
What is Cirrus Logic Inc's current ratio?
Cirrus Logic Inc (CRUS) had a current ratio of 6.35 as of fiscal year 2025, which is generally considered healthy.
What is Cirrus Logic Inc's debt-to-equity ratio?
Cirrus Logic Inc (CRUS) had a debt-to-equity ratio of 0.19 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Cirrus Logic Inc's return on assets (ROA)?
Cirrus Logic Inc (CRUS) had a return on assets of 14.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Cirrus Logic Inc's Altman Z-Score?
Cirrus Logic Inc (CRUS) has an Altman Z-Score of 13.71, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Cirrus Logic Inc's Piotroski F-Score?
Cirrus Logic Inc (CRUS) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Cirrus Logic Inc's earnings high quality?
Cirrus Logic Inc (CRUS) has an earnings quality ratio of 1.34x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Cirrus Logic Inc cover its interest payments?
Cirrus Logic Inc (CRUS) has an interest coverage ratio of 457.0x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Cirrus Logic Inc?
Cirrus Logic Inc (CRUS) scores 86 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.