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

Cirrus Logic reports record FY26 revenue of $2.0 billion and GAAP EPS of $7.85

Positive Impact 3 of 5 earnings Written later

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.

Key points

  • 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

The filing

CompanyCirrus Logic (CRUS)
Form8-K, current report
Filed with the SECMay 6, 2026, 4:00 PM ET
Accession number0000772406-26-000012

Items reported: 1.01 Material Definitive Agreement2.02 Results of Operations2.03 New Direct Financial Obligation7.01 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 May 06, 2026.

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.