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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 us-gaap:ResearchAndDevelopmentExpense.

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 itemThree Months Ended / June 27, 2026Three Months Ended / June 28, 2025
Cost of sales217,868193,242
Gross profit241,855214,030
Operating expenses
Research and development115,013102,892
Selling, general and administrative42,40638,744
Total operating expenses157,419141,636
Income from operations84,43672,394
Interest income10,4068,840

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Cirrus Logic's R&D?
Cirrus Logic (CRUS) reported R&D of $115.01M in Q2 2026.
How has Cirrus Logic's R&D changed year-over-year?
Cirrus Logic's R&D increased by 11.8% year-over-year, from $102.89M to $115.01M.
What is the long-term trend for Cirrus Logic's R&D?
Over 4 years (2022 to 2026), Cirrus Logic's R&D has grown at a 1.7% compound annual growth rate (CAGR), from $406.31M to $433.95M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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