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

Cirrus Logic Q1 revenue rises 9% to $407.3 million; GAAP EPS $1.14 vs. $0.76

Positive Impact 3 of 5 earnings Written later

Cirrus Logic reported fiscal first-quarter 2026 results for the quarter ended June 28, 2025, with revenue of $407.3 million, up 9% from a year earlier but down 4% from the prior quarter. GAAP diluted earnings per share were $1.14, compared with $0.76 a year earlier, and the company guided September-quarter revenue to $510 million to $570 million. One customer accounted for approximately 86% of first-quarter revenue, a concentration shareholders may weigh against the outlook.

Key points

  • Revenue of $407.3 million, up 9% year over year and down 4% quarter over quarter.
  • GAAP diluted EPS of $1.14 versus $0.76 a year earlier; non-GAAP diluted EPS of $1.51 versus $1.12.
  • Q2 FY26 revenue guidance of $510 million to $570 million; GAAP gross margin guided to 51% to 53%.
  • One customer contributed approximately 86% of total revenue in Q1 FY26.

The filing

CompanyCirrus Logic (CRUS)
Form8-K, current report
Filed with the SECAug 5, 2025, 4:00 PM ET
Accession number0000772406-25-000033

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 August 05, 2025.

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.