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Cirrus Logic (CRUS)
NASDAQ:CRUS
Earnings Data
Report Date
Feb 04, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
2.42Last Year’s EPS
2.51Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
Cirrus Logic had a strong quarter with record revenue and solid financial performance, driven by growth in the smartphone and PC markets. While there were some challenges like higher inventory reserves and a softer Android market, the company's strategic initiatives and financial health remain strong.Company Guidance
Record-Breaking Revenue
Cirrus Logic delivered record September quarter revenue of $561 million, which was towards the top end of their guidance range, driven by demand for components shipping into smartphones.
Strong Financial Performance
The company achieved a non-GAAP gross margin of 52.5% and non-GAAP net income of $150 million, resulting in earnings per share of $2.83.
Expansion in PC Market
Cirrus Logic secured its first mainstream consumer design win in the PC market, positioning it for continued growth, with a focus on voice interaction features for AI-enabled PCs.
Increased Cash Position
The company ended the September quarter with $896 million in cash and investments, an increase of $48.3 million from the prior quarter.
Positive Tax Impact
The introduction of the One Big Beautiful Bill Act resulted in a favorable tax impact, contributing to a lower non-GAAP tax rate of 14.6% for the quarter.
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 |
|---|---|---|---|
Nov 04, 2025 | $129.63 | $119.42 | -7.88% |
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% |
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 Feb 04, 2026, After Close (Confirmed).
What is Cirrus Logic (CRUS) earnings time?
Cirrus Logic (CRUS) earnings time is at Feb 04, 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 2026 (Q3) is 2.42.