secwatch.observer — SEC 8-K summary
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Issuer:     CIRRUS LOGIC, INC. (CRUS)
CIK:        0000772406
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0000772406-25-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cirrus Logic reports record FY25 EPS of $6.00 GAAP, $7.54 non-GAAP; revenue up 6% to $1.90B
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- Q4 FY25 revenue $424.5M (above guidance, +14% YoY); GAAP EPS $1.31, non-GAAP $1.67.
- Full-year FY25 revenue $1.90B (+6% YoY); record GAAP EPS $6.00, non-GAAP EPS $7.54 (+14% YoY).
- Q1 FY26 revenue guidance $330M-$390M; GAAP gross margin 51%-53%; non-GAAP OpEx $119M-$125M.
- Board authorized additional $500M share repurchase; Q4 repurchased $100M at avg $107.85; cash $834.8M, no debt.
- One customer 89% of FY25 revenue; progress in laptop and general market components (22nm codec, boosted amp, camera controllers).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/772406/000077240625000010/0000772406-25-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/772406/000077240625000010/crus-20250506.htm
  HTML page:      https://secwatch.observer/filing/0000772406-25-000010

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