The earnings call reflects a generally positive sentiment, with significant revenue growth and strong financial performance. There are ongoing efforts to expand into new markets such as PCs and automotive. However, there are challenges related to sequential revenue decline and changes in seasonality patterns.

Company Guidance -

Q2 2026

During the first quarter of fiscal year 2026, Cirrus Logic reported a revenue of $407.3 million, surpassing the top end of its guidance range, largely driven by robust demand for smartphones utilizing their silicon. The non-GAAP gross profit stood at $214.3 million, with a gross margin of 52.6%. Operating expenses were $119.5 million on a non-GAAP basis, resulting in an operating income of $94.9 million or 23.3% of revenue. The non-GAAP net income was $80.3 million, translating to earnings per share of $1.51. The company ended the quarter with $847.8 million in cash and investments and no debt. Inventory was valued at $279 million, marking a sequential decrease. For the second quarter, Cirrus Logic projects revenue between $510 million and $570 million, and non-GAAP operating expenses ranging from $131 million to $137 million. The company also indicated a shift in revenue seasonality, with a stronger weighting towards the first half of the fiscal year.

Exceeding Revenue Expectations

Cirrus Logic delivered revenue of $407.3 million for Q1 fiscal 2026, surpassing the top end of their guidance range due to stronger-than-expected smartphone unit volumes.

Year-over-Year Revenue Growth

Revenue increased by 9% year-over-year, primarily driven by sales associated with the latest generation products and higher smartphone unit volumes.

Strong Financial Position

The company ended the June quarter with $847.8 million in cash and investments and no debt, maintaining a strong balance sheet.

Successful Product Development

Progress in flagship smartphone audio and high-performance mixed signal solutions, with new products gaining traction in the Android ecosystem and PC market.

PC and Automotive Market Expansion

Cirrus Logic expanded its product reach in the PC market and initiated shipping of a new timing product to automotive and professional audio customers.

Positive Outlook for Q2 Fiscal 2026

Revenue for Q2 fiscal 2026 is expected to be between $510 million to $570 million, indicating strong demand and continued growth.

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
Oct 29, 2025	2026 (Q2)	2.37 / -	2.25	―	―	―
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)
Feb 06, 2024	2024 (Q3)	2.34 / 2.89	2.4	20.42% (+0.49)
Nov 02, 2023	2024 (Q2)	1.54 / 1.80	1.99	-9.55% (-0.19)
Aug 03, 2023	2024 (Q1)	0.41 / 0.67	1.12	-40.18% (-0.45)

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
Aug 05, 2025	$104.97	$97.25	-7.35%
May 06, 2025	$98.72	$96.66	-2.09%
Feb 04, 2025	$101.39	$109.34	+7.84%
Nov 04, 2024	$110.63	$102.79	-7.09%

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 Oct 29, 2025, After Close (Confirmed).

What is Cirrus Logic (CRUS) earnings time?

Cirrus Logic (CRUS) earnings time is at Oct 29, 2025, 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 2026 (Q2) is 2.37.

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