secwatch.observer — SEC 8-K summary
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Issuer:     CIRRUS LOGIC, INC. (CRUS)
CIK:        0000772406
Form:       8-K
Filed at:   2025-11-04T23:59:59+00:00
Accession:  0000772406-25-000040
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cirrus Logic Q2 FY26 revenue record $561M, EPS $2.48 GAAP; guides Q3 rev $500-560M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/772406/000077240625000040/0000772406-25-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/772406/000077240625000040/crus-20251104.htm
  HTML page:      https://secwatch.observer/filing/0000772406-25-000040

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer