Cirrus Logic Reports Fourth Quarter Revenue of $448.5 Million and Record Full Fiscal Year 2026 Revenue of $2.0 Billion

About this update from Cirrus Logic, Inc.

[{"type":"text","content":"AUSTIN, Texas, May 06, 2026--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today posted on its website at investor.cirrus.com the quarterly shareholder letter that contains the complete financial results for the fourth quarter and full fiscal year 2026, which ended March 28, 2026, as well as the company’s current business outlook.","length":337,"tagName":"p"},{"type":"text","content":""Cirrus Logic delivered record revenue and earnings per share in FY26, primarily driven by demand for our components shipping into smartphones, as well as higher PC sales. We are proud of our accomplishments this past year, especially the meaningful progress we made on our strategy to drive application and market diversification," said John Forsyth, Cirrus Logic president and chief executive officer. "In smartphones, we began developing next-generation camera controllers and a smart power IC, which represents an exciting new application space for the company. We also gained momentum beyond smartphones, delivering strong year-over-year revenue growth in our PC business and expanding our general market product portfolio. With a consistent track record of execution, and an exceptional range of opportunities ahead of us, we believe the business is well positioned for long-term growth."","length":914,"tagName":"p"},{"type":"text","content":"Reported Financial Results – Fourth Quarter FY26","length":48,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue of $448.5 million;","length":26,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"GAAP and non-GAAP gross margin of 53.0 percent;","length":47,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"GAAP operating expenses of $147.3 million and non-GAAP operating expenses of $126.1 million; and","length":96,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"GAAP earnings per share of $1.56 and non-GAAP earnings per share of $1.95.","length":74,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":243,"olType":false},{"type":"text","content":"Reported Financial Results – Full Fiscal Year 2026","length":50,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue of $2.0 billion;","length":24,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"GAAP and non-GAAP gro...

More updates from Cirrus Logic, Inc.