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Cirrus Logic CRUS Software license agreements

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Other financials

Income statement

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Revenue$459.7M+12.9%
Gross profit$241.9M+13.0%
Operating income$84.4M+16.6%
Net income$76.9M+26.6%
EPS (diluted)$1.47+28.9%

Balance sheet

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Cash & equivalents$810.7M+47.7%
Total debt$130.5M-7.7%
Total equity$2.2B+13.4%
Total assets$2.6B+11.6%

Cash flow

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Operating cash flow$64.1M-44.8%
CapEx$15.1M+474%
Free cash flow$49.0M-56.8%

Valuation

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Market cap$6.53B+30.8%
Enterprise value$5.85B+27.6%
P/E15.2×+0.9×
P/S3.2×+0.6×

Profitability

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Gross margin52.8%-0.1pp
Operating margin23%+0.5pp
Net margin21%+2.9pp
FCF margin27.9%+4.2pp

Returns & leverage

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Return on equity20.9%+2.4pp
Debt / equity0.1×0.0×
Current ratio7.6×+1.0×

Where this comes from

Reported directly by Cirrus Logic in its filing.

Tagged under the XBRL concept crus:SoftwareLicenseAgreementsLiabilityCurrent.

The source filing: Cirrus Logic’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:02 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0000772406-26-000037
Line itemJune 27, 2026March 28, 2026
Current liabilities:
Accounts payable$78,090$80,645
Accrued salaries and benefits44,18252,723
Software license agreements22,09122,229
Current lease liabilities20,76119,872
Other accrued liabilities29,17619,187
Total current liabilities194,300194,656
Long-term liabilities:

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Cirrus Logic's software license agreements?
Cirrus Logic (CRUS) reported software license agreements of $22.09M in Q2 2026.
What is the long-term trend for Cirrus Logic's software license agreements?
Over 3 years (2023 to 2026), Cirrus Logic's software license agreements has grown at a 2.0% compound annual growth rate (CAGR), from $20.95M to $22.23M.
What does software license agreements mean?
Represents the short-term portion of obligations related to software license agreements. These are contractual commitments to pay for software access or usage rights within the next twelve months. It reflects the company's ongoing operational reliance on third-party software infrastructure.

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