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Cirrus Logic CRUS Reportable Segment — Product development

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Other financials

Income statement

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Revenue$448.5M+5.7%
Gross profit$237.6M+4.8%
Operating income$90.3M+5.1%
Net income$81.8M+14.8%
EPS (diluted)$1.58+20.6%

Balance sheet

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Cash & equivalents$800.9M+48.4%
Total debt$134.0M-6.8%
Total equity$2.1B+9.2%
Total assets$2.5B+7.0%

Cash flow

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Operating cash flow$151.4M+16.1%
CapEx$2.4M-30.1%
Free cash flow$149.0M+17.4%

Valuation

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Market cap$8.34B+39.3%
Enterprise value$7.67B+36.9%
P/E20.1×+2.1×
P/S4.2×+1.0×

Profitability

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Gross margin52.8%+0.2pp
Operating margin23%+1.4pp
Net margin20.7%+3.3pp
FCF margin31.9%+9.6pp

Returns & leverage

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Return on equity20.3%+2.7pp
Debt / equity0.1×0.0×
Current ratio7.4×+1.0×

Where this comes from

Reported directly by Cirrus Logic in its filing.

Tagged under the XBRL concept crus:ProductDevelopmentExpense.

The official record: Cirrus Logic’s 10-K, filed May 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cirrus Logic's reportable segment — product development?
Cirrus Logic (CRUS) reported reportable segment — product development of $14.17M in Q1 2026.
How has Cirrus Logic's reportable segment — product development changed year-over-year?
Cirrus Logic's reportable segment — product development decreased by 9.4% year-over-year, from $15.63M to $14.17M.
What is the long-term trend for Cirrus Logic's reportable segment — product development?
Over 3 years (2023 to 2026), Cirrus Logic's reportable segment — product development has grown at a -5.8% compound annual growth rate (CAGR), from $71.25M to $59.55M.
What does reportable segment — product development mean?
The total spending on research and development activities specifically for the products within this business segment.
How do you interpret reportable segment — product development?
Higher spending suggests an aggressive innovation pipeline, whereas lower spending may indicate a shift toward harvesting existing products or reduced R&D focus.
How does reportable segment — product development compare across companies?
Comparable to R&D expense allocations in peer technology firms, often analyzed as a percentage of segment sales to measure innovation intensity.