📊 CRUS Key Takeaways
Investment Thesis
Cirrus Logic demonstrates exceptional financial health with best-in-class profitability metrics, including 52.7% gross margins and 21.5% net margins in the semiconductor sector. The company generates substantial free cash flow of $487.6M (31.5% FCF margin) with virtually no debt and fortress-like balance sheet liquidity, while maintaining strong earnings growth (+20.7% YoY net income despite modest 6.0% revenue growth indicates margin expansion and operational excellence).
CRUS Strengths
- Exceptional profitability: 52.7% gross margin and 21.5% net margin are best-in-class for semiconductor industry
- Outstanding cash generation: $487.6M free cash flow with 31.5% FCF margin provides financial flexibility and capital deployment optionality
- Fortress balance sheet: Zero debt, $778.1M cash, and 7.65x current ratio provide significant financial stability and downside protection
- Earnings leverage: 20.7% YoY net income growth on only 6.0% revenue growth demonstrates improving operational efficiency and margin expansion
- Strong capital efficiency: 15.8% ROE and 13.5% ROA indicate effective capital deployment despite asset-light model
- High interest coverage of 404.5x reflects minimal financial distress risk
CRUS Risks
- Revenue growth deceleration: 6.0% YoY growth is modest for semiconductor sector and may indicate market saturation or competitive pressure in core end-markets
- Concentrated customer/product exposure: High profitability may depend on limited customer relationships or product lines vulnerable to disruption
- Semiconductor cyclicality: Industry exposure to cyclical demand dynamics poses risk to revenue stability despite current strong margins
Key Metrics to Watch
- Revenue growth trajectory and end-market demand trends
- Gross margin sustainability as competitive pressures may compress pricing
- Free cash flow generation and capital allocation decisions
- Operating expense ratio trend relative to revenue growth
- Customer and product concentration metrics
CRUS Financial Metrics
💡 AI Analyst Insight
The 31.5% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. Strong liquidity with a 7.65x current ratio provides a solid financial cushion.
CRUS Profitability Ratios
CRUS vs Technology Sector
How CIRRUS LOGIC, INC. compares to Technology sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
CRUS Balance Sheet & Liquidity
CRUS 5-Year Financial Trend
5-Year Trend Summary: CIRRUS LOGIC, INC.'s revenue has grown significantly by 39% over the 5-year period, indicating strong business expansion. The most recent EPS of $3.09 reflects profitable operations.
CRUS Growth Metrics (YoY)
CRUS Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2026 | $555.7M | $116.0M | $2.11 |
| Q2 2026 | $541.9M | $102.1M | $1.83 |
| Q1 2026 | $374.0M | $42.1M | $0.76 |
| Q3 2025 | $555.7M | $116.0M | $2.11 |
| Q2 2025 | $481.1M | $75.4M | $1.34 |
| Q1 2025 | $317.0M | $15.6M | $0.28 |
| Q3 2024 | $590.6M | $103.5M | $1.83 |
| Q2 2024 | $481.1M | $75.4M | $1.34 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
CRUS Capital Allocation
CRUS SEC Filings
Access official SEC EDGAR filings for CIRRUS LOGIC, INC. (CIK: 0000772406)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Mar 9, 2026 | 4 | xslF345X05/wk-form4_1773087483.xml | View → |
| Mar 2, 2026 | 4 | xslF345X05/wk-form4_1772491249.xml | View → |
| Feb 24, 2026 | 4 | xslF345X05/wk-form4_1771967676.xml | View → |
| Feb 13, 2026 | 4 | xslF345X05/wk-form4_1771022808.xml | View → |
| Feb 13, 2026 | 4 | xslF345X05/wk-form4_1771022756.xml | View → |
❓ Frequently Asked Questions about CRUS
What is the AI rating for CRUS?
CIRRUS LOGIC, INC. (CRUS) has an AI rating of STRONG BUY with 92% confidence, based on fundamental analysis of SEC EDGAR filings.
What are CRUS's key strengths?
Exceptional profitability: 52.7% gross margin and 21.5% net margin are best-in-class for semiconductor industry. Outstanding cash generation: $487.6M free cash flow with 31.5% FCF margin provides financial flexibility and capital deployment optionality.
What are the risks of investing in CRUS?
Revenue growth deceleration: 6.0% YoY growth is modest for semiconductor sector and may indicate market saturation or competitive pressure in core end-markets. Concentrated customer/product exposure: High profitability may depend on limited customer relationships or product lines vulnerable to disruption.
What is CRUS's revenue and growth?
CIRRUS LOGIC, INC. reported revenue of $1.5B.
Does CRUS pay dividends?
CIRRUS LOGIC, INC. does not currently pay dividends.
Where can I find CRUS SEC filings?
Official SEC filings for CIRRUS LOGIC, INC. (CIK: 0000772406) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CRUS's EPS?
CIRRUS LOGIC, INC. has a diluted EPS of $6.27.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.