---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-22-000993"
form_type: "8-K"
ticker: "CRUS"
cik: "0000772406"
company_name: "CIRRUS LOGIC, INC."
filed_at: "2022-08-02T23:59:59+00:00"
generated_at: "2026-06-24T06:09:56.763308+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cirrus Logic reports record Q1 revenue of $393.6M, EPS $0.69 GAAP, $1.12 non-GAAP; new $500M buyback

## Summary
- Revenue $393.6M (record June quarter), above high-end guidance; GAAP EPS $0.69, non-GAAP EPS $1.12.
- GAAP gross margin 51.5%; Q2 FY23 guidance: revenue $450M-$490M, gross margin 49%-51%.
- Board authorized $500M additional share repurchase; $136.1M remains from prior authorization.
- Smartphone component shipments into flagship devices drove upside.

## SEC filing metadata
- accession: 0001157523-22-000993
- form_type: 8-K
- ticker: CRUS
- cik: 0000772406
- company_name: CIRRUS LOGIC, INC.
- filed_at: 2022-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/772406/000115752322000993/0001157523-22-000993-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/772406/000115752322000993/a52798452.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-22-000993
- JSON: https://secwatch.observer/filing/0001157523-22-000993.json
- Plain text: https://secwatch.observer/filing/0001157523-22-000993.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.