earnings
confidence high
sentiment positive
materiality 0.70
Cirrus Logic Q1 FY26 revenue $407.3M beats guidance; EPS $1.14 GAAP, $1.51 non-GAAP
CIRRUS LOGIC, INC.
2026-Q1 EPS reported
$1.14
revenue$407,272,000
- Revenue $407.3M (above guidance top end), up 9% YoY; GAAP EPS $1.14, non-GAAP $1.51.
- Q2 FY26 guidance: revenue $510M-$570M, gross margin 51%-53%, GAAP R&D+SG&A $153M-$159M.
- One customer 86% of revenue; strong demand for custom boosted amplifier and 22nm smart codec.
- Share repurchases: 1.0M shares at ~$98.66, $100M returned; cash $847.8M; inventory $279.0M.
- Gaining traction in laptops; new ADC/DAC products ramping; timing product shipping to automotive/pro audio.
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