secwatch.observer — SEC 8-K summary
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Issuer:     CIRRUS LOGIC, INC. (CRUS)
CIK:        0000772406
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0000772406-26-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.02, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cirrus Logic reports record FY26 revenue $2.0B, EPS $7.85; Q4 EPS $1.56, guides Q1 rev $430M-$490M
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- Record FY26 revenue $2.0B (+5% YoY), GAAP EPS $7.85, non-GAAP EPS $9.26 (both records).
- Q4 FY26 revenue $448.5M (-23% QoQ, +6% YoY); GAAP EPS $1.56, non-GAAP EPS $1.95.
- Q1 FY27 guidance: revenue $430M-$490M, gross margin 51%-53%; GAAP opEx $155M-$161M.
- Cash & investments $1.2B, no debt; repurchased $280M in shares during FY26.
- Entered $350M senior secured revolver due 2031; max net leverage 3.5x, min interest coverage 3.0x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/772406/000077240626000012/0000772406-26-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/772406/000077240626000012/crus-20260504.htm
  HTML page:      https://secwatch.observer/filing/0000772406-26-000012

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