AI brief of an SEC Form 8-K · Cirrus Logic (CRUS)

Cirrus Logic Q2 revenue rises 13% to $541.9 million; Q3 outlook points lower

Mixed Impact 3 of 5 earnings Written later

Cirrus Logic reported fiscal second-quarter 2025 revenue of $541.9 million, up 13% from a year earlier, with GAAP diluted earnings per share of $1.83 versus $1.34 a year earlier. The company guided third-quarter revenue to $480 million to $540 million, which is down six percent sequentially and down 18 percent year over year at the midpoint, so shareholders face a weaker near-term sales outlook after a strong quarter.

Key points

  • Q2 FY25 revenue was $541.9 million, up 45% from Q1 FY25 and up 13% from Q2 FY24
  • GAAP diluted EPS was $1.83 and non-GAAP diluted EPS was $2.25, compared with $1.34 and $1.80 in Q2 FY24
  • Q3 FY25 revenue guidance is $480 million to $540 million, and GAAP gross margin is forecast at 51% to 53%
  • One customer contributed approximately 90% of total revenue in Q2 FY25

The filing

CompanyCirrus Logic (CRUS)
Form8-K, current report
Filed with the SECNov 4, 2024, 4:02 PM ET
Accession number0000772406-24-000066

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2024.

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.