---
schema_version: "secwatch.filing_event.v1"
accession: "0000772406-24-000056"
form_type: "8-K"
ticker: "CRUS"
cik: "0000772406"
company_name: "CIRRUS LOGIC, INC."
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:46:25.566076+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cirrus Logic Q1 FY25 revenue $374M above guidance; EPS $0.76 GAAP, $1.12 non-GAAP

## Summary
- Revenue $374M, up 18% YoY, driven by stronger-than-expected smartphone shipments; above top of guidance.
- GAAP EPS $0.76, non-GAAP EPS $1.12; GAAP gross margin 50.5%, non-GAAP 50.6%.
- Began ramping custom boosted amplifier and first 22nm smart codec for new smartphone launches this fall.
- Q2 FY25 revenue guidance $490M-$550M (midpoint $520M, ~8% YoY growth); gross margin 50-52%.
- Repurchased 361K shares for $41M at avg $113.48; cash balance $744.6M; one customer ~88% of revenue.

## SEC filing metadata
- accession: 0000772406-24-000056
- form_type: 8-K
- ticker: CRUS
- cik: 0000772406
- company_name: CIRRUS LOGIC, INC.
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/772406/000077240624000056/0000772406-24-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/772406/000077240624000056/crus-20240806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000772406-24-000056
- JSON: https://secwatch.observer/filing/0000772406-24-000056.json
- Plain text: https://secwatch.observer/filing/0000772406-24-000056.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.