Want to see CRUS full AI Analyst Report?
Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
1.82Last Year’s EPS
1.51Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
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
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.
CRUS Earnings History
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 | $171.68 | +2.38% |
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 1.82.