Cirrus Logic, Inc. income statement CRUS

Annual Quarterly

In fiscal 2026, which ended Mar 28, 2026, Cirrus Logic, Inc. reported revenue of $2.0 billion, up 5.3% from the year before. Net income was $414.4 million, a profit margin of 20.7%. Operating income came to $460.4 million, an operating margin of 23.0%. Diluted earnings per share were $7.85. Over the twelve months ended Sep 26, 2026, revenue was $2.0 billion and net income was $413.7 million. Across the 10 fiscal years shown, revenue grew from $1.5 billion in fiscal 2017 to $2.0 billion in fiscal 2026, about 2.9% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2027 Sep 26, 2026	FY 2026 Mar 28, 2026	FY 2025 Mar 29, 2025	FY 2024 Mar 30, 2024	FY 2023 Mar 25, 2023	FY 2022 Mar 26, 2022	FY 2021 Mar 27, 2021	FY 2020 Mar 28, 2020	FY 2019 Mar 30, 2019	FY 2018 Mar 31, 2018	FY 2017 Mar 25, 2017
Revenue	2,048 +5.1%	1,997 +5.3%	1,896 +6.0%	1,789 -5.7%	1,898 +6.5%	1,781 +30.1%	1,369 +6.9%	1,281 +8.1%	1,186 -22.6%	1,532 -0.4%	1,539 +31.6%
Cost of revenue	960 +4.9%	943 +4.8%	900 +3.1%	873 -7.2%	941 +9.7%	858 +29.6%	662 +9.1%	607 +3.2%	588 -23.8%	771 -1.2%	781 +27.1%
Gross profit	1,088 +5.3%	1,054 +5.8%	996 +8.7%	916 -4.3%	957 +3.6%	924 +30.6%	707 +4.9%	674 +12.8%	597 -21.5%	761 +0.4%	758 +36.6%
Research and development	459 +7.0%	434 -0.2%	435 +1.9%	426 -7.0%	458 +12.8%	406 +18.5%	343 -1.4%	348 -7.3%	375 +2.4%	366 +20.7%	304 +12.8%
Selling, general and administrative	169 +9.1%	160 +5.9%	151 +4.7%	144 -5.9%	153 +1.4%	151 +18.9%	127 -3.1%	131 +3.6%	127 -4.0%	132 +3.6%	127 +8.7%
Restructuring and impairment	—	0	0 -100.0%	2 -81.6%	11	0 -100.0%	0 -98.4%	22	—	—	—
Operating expenses	628 +7.5%	594 +1.4%	586 +2.3%	573	—	557 +18.5%	470 -6.1%	501	—	498	—
Operating income	460 +2.5%	460 +12.2%	410 +19.5%	343 +37.9%	249 -32.0%	366 +54.5%	237 +36.7%	173 +72.2%	101 -61.6%	262 -17.2%	317 +75.9%
Interest income	40 +15.2%	38 +11.0%	34 +58.1%	21 +115.3%	10 +538.8%	2 -75.1%	6 -39.9%	10 +30.4%	8 +68.4%	5 +184.1%	2 +91.1%
Interest expense	1 +13.3%	1 +0.0%	1	—	—	—	—	—	—	—	—
Other non-operating income (expense)	-0 +24.4%	-0 -133.2%	1 +1460.2%	-0 +96.8%	-3 -297.6%	2 -39.8%	3 +275.9%	-2 -644.2%	-0 +77.7%	-1 -1129.1%	-0 +95.6%
Pretax income	499 +3.4%	497 +11.6%	445 +22.3%	364 +42.9%	255 -30.9%	369 +50.3%	245 +35.3%	181 +93.4%	94 -64.6%	265 -15.9%	315 +79.0%
Income tax	85 -17.1%	82 -27.4%	113 +26.9%	89 +14.5%	78 +84.4%	42 +51.6%	28 +28.2%	22 +480.0%	4 -96.4%	103 +91.5%	54 +2.8%
Net income	414 +9.0%	414 +25.0%	332 +20.7%	275 +55.4%	177 -45.9%	326 +50.2%	217 +36.3%	159 +77.2%	90 -44.4%	162 -38.0%	261 +111.3%
Basic EPS	8.19 +12.6%	8.10 +29.8%	6.24 +23.3%	5.06 +59.1%	3.18 -44.2%	5.70 +52.4%	3.74 +36.5%	2.74 +82.7%	1.50 -41.2%	2.55 -38.1%	4.12 +110.2%
Diluted EPS	7.93 +12.7%	7.85 +30.8%	6.00 +22.4%	4.90 +58.6%	3.09 -44.0%	5.52 +52.5%	3.62 +37.1%	2.64 +80.8%	1.46 -40.7%	2.46 -37.2%	3.92 +109.6%
Weighted average shares, basic	51 -3.2%	51 -3.8%	53 -2.1%	54 -2.4%	56 -2.9%	57 -1.4%	58 -0.4%	58 -3.0%	60 -5.2%	63 +0.1%	63 +0.2%
Weighted average shares, diluted	52 -3.3%	53 -4.4%	55 -1.4%	56 -2.1%	57 -3.2%	59 -1.5%	60 -0.7%	60 -1.8%	62 -6.6%	66 -0.9%	67 +0.9%
Other measures
Depreciation and amortization	53 +2.5%	52 +2.6%	51 +5.5%	48 -32.2%	71 +14.7%	62 +31.8%	47 -31.0%	68 -14.5%	80 -1.9%	81 +28.3%	63 +9.3%
EBITDA	513 +2.5%	513 +11.1%	461 +17.8%	392 +22.3%	320 -25.2%	428 +50.7%	284 +17.6%	242 +33.8%	181 -47.5%	344 -9.6%	380 +59.7%
Interest coverage	452.34x	512.67x	456.97x	—	—	—	—	—	—	—	—
Margins
Gross margin	53.12%	52.78%	52.53%	51.21%	50.43%	51.85%	51.66%	52.62%	50.40%	49.65%	49.24%
Operating margin	22.46%	23.05%	21.64%	19.20%	13.12%	20.56%	17.32%	13.54%	8.50%	17.13%	20.60%
Pretax margin	24.35%	24.87%	23.46%	20.34%	13.42%	20.69%	17.91%	14.15%	7.91%	17.30%	20.47%
Profit margin	20.20%	20.75%	17.48%	15.35%	9.31%	18.32%	15.87%	12.45%	7.59%	10.57%	16.97%
EBITDA margin	25.05%	25.67%	24.33%	21.90%	16.88%	24.05%	20.76%	18.87%	15.23%	22.44%	24.72%
Effective tax rate	17.07%	16.57%	25.49%	24.55%	30.63%	11.48%	11.38%	12.01%	4.00%	38.89%	17.09%

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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Company profile

Industry: Semiconductors & Related Devices (SIC 3674)
Listed as: CRUS (Nasdaq)
Fiscal year ends: March 27
Incorporated in: DE
Headquarters: Austin, TX
SEC filer status: Large accelerated filer
SEC CIK: 772406
Former names: CIRRUS LOGIC INC (until Jun 13, 2019)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.