Nov 4, 4:01 PM ET
Cirrus Logic reported fiscal second-quarter 2027 revenue of $559.5 million, up 22 percent sequentially but flat year over year, with GAAP earnings per share of $2.23 versus $2.48 a year earlier. The company guided third-quarter revenue to $510 million to $570 million, which its shareholder letter says is down 3 percent sequentially and down 7 percent year over year at the midpoint, and its board authorized an additional $500 million in share repurchases.
- Q2 FY27 revenue $559.5 million, up 22 percent from Q1 FY27 and flat versus Q2 FY26
- GAAP diluted EPS $2.23 and non-GAAP diluted EPS $2.70, compared with $2.48 and $2.83 in Q2 FY26
- Q3 FY27 revenue outlook of $510 million to $570 million; GAAP gross margin forecast 51 to 53 percent
- Board authorized up to an additional $500 million in buybacks in October 2026; $114.1 million remained under the March 2025 authorization at quarter end
Read the filing on SEC.gov ↗
Aug 5, 4:01 PM ET
Cirrus Logic reported record first-quarter fiscal 2027 revenue of $459.7 million, up 13% from a year earlier, and GAAP diluted earnings per share of $1.47, up from $1.14. It guided second-quarter revenue to $510 million to $570 million, but said it has lowered its fiscal 2027 PC revenue expectations due to supply constraints, memory and component shortages, and delayed OEM model launches.
- Q1 revenue $459.7 million, up 2% sequentially and 13% year over year; GAAP diluted EPS $1.47 vs. $1.14 a year earlier, non-GAAP diluted EPS $1.84 vs. $1.51
- Q2 fiscal 2027 revenue guided to $510 million to $570 million; GAAP gross margin guided to 52% to 54%
- Company lowered fiscal 2027 PC revenue expectations, which it said reflects a shift in timing rather than a change to the underlying opportunity
- Repurchased 211,099 shares for $34.5 million in Q1; $239.6 million remained on the buyback authorization at quarter end
Read the filing on SEC.gov ↗
May 6, 4:00 PM ET
Cirrus Logic reported fourth-quarter and full fiscal 2026 results on May 6, 2026, with full-year revenue of $2.0 billion, up 5 percent from the prior year, and GAAP diluted earnings per share of $7.85, up from $6.00. Fourth-quarter revenue was $448.5 million, down from $580.6 million in the prior quarter but up 6 percent year over year, and the company guided first-quarter fiscal 2027 revenue to $430 million to $490 million. On May 4, 2026, the company also entered a $350 million senior secured revolving credit facility with Wells Fargo that matures May 4, 2031.
- Q4 FY26 revenue was $448.5 million, down from $580.6 million in Q3 FY26 and up 6 percent from $424.5 million a year earlier; GAAP diluted EPS was $1.56 versus $1.31 in Q4 FY25
- FY26 revenue was $2.0 billion, up 5 percent; GAAP diluted EPS was $7.85 versus $6.00 in FY25, and non-GAAP diluted EPS was $9.26 versus $7.54
- Q1 FY27 guidance: revenue of $430 million to $490 million and GAAP gross margin of 51 percent to 53 percent
- May 4, 2026 credit agreement with Wells Fargo provides a $350 million senior secured revolving facility maturing May 4, 2031
Read the filing on SEC.gov ↗
Mar 31, 4:00 PM ET
Effective March 25, 2026, Chief Financial Officer Jeff Woolard also became Cirrus Logic's Principal Accounting Officer, replacing Ulf Habermann in that role. Habermann will stay in a senior role in the finance organization, and the filing says his change was not due to any disagreement with the company. Woolard's compensation will not change.
- Effective date of the change: March 25, 2026
- Jeff Woolard, CFO, assumed the additional role of Principal Accounting Officer
- Ulf Habermann ceased being Principal Accounting Officer and continues in a senior finance role
- Filing states no disagreement with the company led to the change; Woolard's compensation is unchanged
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
