Cirrus Logic (CRUS)

NASDAQ:CRUS

CRUS

Cirrus Logic

RESEARCH TOOLSreports

Want to see CRUS full AI Analyst Report?

Cirrus Logic (CRUS) Earnings Dates, Call Summary & Reports

1,572 Followers

Earnings Data

Report Date

Aug 05, 2026

After Close (Confirmed)

Period Ending

2027 (Q1)

Consensus EPS Forecast

1.73

Last Year’s EPS

1.51

Same Quarter Last Year

Analyst Consensus

Strong Buy

Based on 4 Analysts Ratings

Earnings Call Summary

Q4 2026

Earnings Call Date:May 06, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call presented a largely positive picture: record annual revenue and earnings, strong cash generation, product momentum across smartphones, PC and new markets, and meaningful progress on manufacturing diversification. Short-term headwinds were acknowledged — a sharp sequential Q4 revenue decline (-23%), a Q4 margin impact from higher freight, rising inventory and planned increases in R&D/OpEx — but management framed these as manageable and tied to strategic investments and seasonality. Given the combination of record financial results, strong pipeline and deliberate investment for growth, the positives notably outweigh the negatives.

Company Guidance

Cirrus guided Q1 FY2027 revenue of $430M–$490M (midpoint $460M), implying roughly a 3% sequential increase and ~13% year‑over‑year growth at the midpoint; non‑GAAP gross margin is expected to be 51%–53%; non‑GAAP operating expense is forecast at $132M–$138M (up sequentially, largely due to increased R&D) and management said FY‑27 OpEx will rise as R&D is increased; the non‑GAAP tax rate is expected to be about 16%–18%. For context, FY‑26 was a record year with $2.0B revenue, FY‑26 non‑GAAP gross margin of 52.8%, non‑GAAP operating income of $548.8M (27.5% operating margin), and FY‑26 non‑GAAP net income of $489.3M (EPS $9.26).

Record Annual Revenue

Fiscal year 2026 revenue of $2.0 billion, up 5% year-over-year, marking a record for the company driven by smartphone components and higher PC sales.

Record Earnings Per Share

Record fiscal year 2026 non-GAAP EPS of $9.26, up from $7.54 in fiscal 2025 (approx. +22.7% year-over-year).

Strong Quarterly Revenue vs. Guidance

Q4 revenue of $448.5 million, above the midpoint of guidance and up 6% year-over-year (despite seasonal softness).

Healthy Profitability and Margins

Fiscal year non-GAAP operating income of $548.8 million with operating margin of 27.5% (up from 26.5% prior year); Q4 non-GAAP gross margin 53% and fiscal year gross margin 52.8%.

Robust Cash Generation and Capital Returns

Ending cash and investments of approximately $1.2 billion (up $319 million YoY); fiscal year cash flow from operations $650.6 million; free cash flow margin ~32%; returned $280 million to shareholders via share repurchases in FY26 (2.5M shares).

Product and Technology Momentum in Core Businesses

Continued strong demand for latest-generation custom-boosted amplifiers and 22nm smart codecs with expected extended lifecycles, and robust demand/design engagement for camera controllers and other high-performance mixed-signal products.

PC Business Traction and SDCA Adoption

PC revenue grew strongly in FY26 (from low tens of millions in FY25 to the '40s in FY26); SDCA-related PC revenue tripled to ~60% of PC revenue in FY26 and is expected to approach ~80% in FY27, with mainstream devices expected to contribute >50% of PC revenue in FY27.

Market Diversification and Manufacturing Progress

Expanded product portfolio across professional audio, automotive, industrial and imaging; ramping ultra high-performance ADCs/DACs; collaboration with GlobalFoundries to develop U.S.-based process technology (Malta) for certain products.

Cirrus Logic (CRUS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CRUS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 05, 2026	2027 (Q1)	1.73 / -	1.51	―	―	―
May 06, 2026	2026 (Q4)	1.76 / 1.95	1.67	16.77% (+0.28)
Feb 03, 2026	2026 (Q3)	2.44 / 2.97	2.51	18.33% (+0.46)
Nov 04, 2025	2026 (Q2)	2.38 / 2.83	2.25	25.78% (+0.58)
Aug 05, 2025	2026 (Q1)	1.10 / 1.51	1.12	34.82% (+0.39)
May 06, 2025	2025 (Q4)	1.18 / 1.67	1.24	34.68% (+0.43)
Feb 04, 2025	2025 (Q3)	2.04 / 2.51	2.89	-13.15% (-0.38)
Nov 04, 2024	2025 (Q2)	2.02 / 2.25	1.8	25.00% (+0.45)
Aug 06, 2024	2025 (Q1)	0.61 / 1.12	0.67	67.16% (+0.45)
May 07, 2024	2024 (Q4)	0.64 / 1.24	0.92	34.78% (+0.32)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CRUS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 06, 2026	$167.69	―	―
Feb 03, 2026	$124.58	$134.91	+8.29%
Nov 04, 2025	$129.63	$119.42	-7.88%
Aug 05, 2025	$104.97	$97.25	-7.35%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Cirrus Logic (CRUS) report earnings?

Cirrus Logic (CRUS) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).

What is Cirrus Logic (CRUS) earnings time?

Cirrus Logic (CRUS) earnings time is at Aug 05, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CRUS EPS forecast?

CRUS EPS forecast for the fiscal quarter 2027 (Q1) is 1.73.