earnings
confidence high
sentiment positive
materiality 0.80
Cirrus Logic Q3 FY26 Revenue $580.6M, GAAP EPS $2.66, Non-GAAP EPS $2.97; Guides Q4 Rev $410-470M
CIRRUS LOGIC, INC.
2026-Q3 EPS reported
$6.27
revenue$1,548,856,000
- Revenue $580.6M beat guidance; up 4% YoY; GAAP gross margin 53.1%, non-GAAP also 53.1%.
- Record GAAP EPS $2.66 and non-GAAP EPS $2.97; operating cash flow $290.8M.
- Q4 FY26 guidance: revenue $410M-$470M (midpoint up 4% YoY); gross margin 51%-53%.
- Repurchased 591,423 shares at avg $118.33, returning $70M; $344.1M remaining authorization.
- One customer contributed 94% of revenue; sampling new AI-enabled PC audio component.