earnings
confidence high
sentiment positive
materiality 0.75
Cirrus Logic Q2 FY26 revenue record $561M, EPS $2.48 GAAP; guides Q3 rev $500-560M
CIRRUS LOGIC, INC.
2026-Q2 EPS reported
$3.61
revenue$968,232,000
- Revenue $561M, up 38% QoQ and 4% YoY; GAAP EPS $2.48, non-GAAP EPS $2.83.
- GAAP gross margin 52.5%; Q3 FY26 revenue guidance $500-560M (midpoint -5% YoY).
- One customer contributed ~90% of revenue; smartphone audio and HPMS components drove growth.
- Secured first mainstream consumer laptop design; expanding PC and general market products.
- Cash & investments $896M; repurchased 361,708 shares at avg $110.55 in Q2.