CRUS on Nasdaq

Cirrus Logic

Logo: Cirrus Logic, Public domain, via Wikimedia Commons4

American fabless semiconductor company

Cirrus Logic Inc. is an American fabless semiconductor supplier that specializes in analog, mixed-signal, and audio DSP integrated circuits (ICs).3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 18, 2026.

Overview

$2.0BRevenue, fiscal 20265
$414.4MNet income, fiscal 20265
1984Founded1

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  • TickerCRUS on Nasdaq1
  • Industrysemiconductor industry1
  • HeadquartersAustin1
  • Founded inSalt Lake City1
  • Websitewww.cirrus.com
  • Legal formS.A.1
  • Incorporated inDE6
  • Business address800 West 6Th Street, Austin, Tx 787016
  • Filer categoryLarge accelerated filer6

Cirrus Logic Inc. is an American fabless semiconductor supplier that specializes in analog, mixed-signal, and audio DSP integrated circuits (ICs). Since 1998, the company's headquarters have been in Austin, Texas.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

52.8%Gross margin5
23.0%Operating margin5
20.7%Net margin5
5.3%Revenue growth, 20265
19.5%Return on equity5
$636.6MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Audio Products brought in 58% of the revenue Cirrus Logic broke down this way in fiscal 2026.

  1. Audio Products$1.2B558%up 2% from 2025
  2. High Performance Mixed-Signal Products$837.4M542%up 10% from 2025
Products and services by year
Products and services202420252026
Audio Products$1.1B$1.1B$1.2B
High Performance Mixed-Signal Products$705.0M$758.9M$837.4M

Regions

China brought in 53% of the revenue Cirrus Logic broke down this way in fiscal 2026.

  1. China$1.1B553%down 5% from 2025
  2. India$313.8M516%up 52% from 2025
  3. HKMember$222.7M511%up 13% from 2025
  4. VN$185.1M59%up 50% from 2025
  5. South Korea$120.0M56%down 16% from 2025
  6. Other Non U S Countries$74.1M54%down 14% from 2025
  7. United States$14.9M51%down 6% from 2025
Regions by year
Regions202420252026
China$1.1B$1.1B$1.1B
India$125.1M$205.9M$313.8M
HKMember$219.1M$196.5M$222.7M
VN$96.1M$123.1M$185.1M
South Korea$119.5M$142.7M$120.0M
Other Non U S Countries$96.8M$85.7M$74.1M
United States$18.0M$15.8M$14.9M

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue46¢$943.2M
  • Research and development21¢$434.0M
  • Selling, general and admin8¢$159.8M
  • Income tax4¢$82.3M
  • Profit20¢$414.4M

Out of $2.0B in revenue.5

Where each dollar of operating cash went, fiscal 2026

  • Capital spending2¢$14.0M
  • Share buybacks43¢$280.0M
  • Kept or used elsewhere55¢$356.6M

Out of $650.6M of cash from operations.5

Financial statements

Revenue891011125$2.0B in 2026+68% since 2019
0$500.0M$1.0B$1.5B$2.0B2019: $1.2B$1.2B20192020: $1.3B$1.3B2020+8%2021: $1.4B$1.4B2021+7%2022: $1.8B$1.8B2022+30%2023: $1.9B$1.9B2023+7%2024: $1.8B$1.8B2024−6%2025: $1.9B$1.9B2025+6%2026: $2.0B$2.0B2026+5%
Gross profit891011125$1.1B in 2026+76% since 2019
0$500.0M$1.0B$1.5B2019: $597.5M$597.5M20192020: $674.2M$674.2M2020+13%2021: $707.3M$707.3M2021+5%2022: $923.6M$923.6M2022+31%2023: $957.0M$957.0M2023+4%2024: $916.1M$916.1M2024−4%2025: $996.0M$996.0M2025+9%2026: $1.1B$1.1B2026+6%
Operating income891011125$460.4M in 2026+357% since 2019
0$200.0M$400.0M$600.0M2019: $100.8M$100.8M20192020: $173.5M$173.5M2020+72%2021: $237.2M$237.2M2021+37%2022: $366.3M$366.3M2022+54%2023: $249.0M$249.0M2023−32%2024: $343.5M$343.5M2024+38%2025: $410.4M$410.4M2025+19%2026: $460.4M$460.4M2026+12%
Net income891011125$414.4M in 2026+360% since 2019
0$200.0M$400.0M$600.0M2019: $90.0M$90.0M20192020: $159.5M$159.5M2020+77%2021: $217.3M$217.3M2021+36%2022: $326.4M$326.4M2022+50%2023: $176.7M$176.7M2023−46%2024: $274.6M$274.6M2024+55%2025: $331.5M$331.5M2025+21%2026: $414.4M$414.4M2026+25%

Every line of the income statement as filed: the last 3 fiscal years, latest first.5

Period ending2026-03-312025-03-312024-03-31
Net sales$2.0B$1.9B$1.8B
Cost of sales$943.2M$900.0M$872.8M
Gross profit$1.1B$996.0M$916.1M
Research and development$434.0M$434.7M$426.5M
Selling, general and administrative$159.8M$151.0M$144.2M
Restructuring$0$0$2.0M
Total operating expenses$593.8M$585.7M$572.6M
Income from operations$460.4M$410.4M$343.5M
Interest income$37.7M$34.0M$21.5M
Interest expense-$898.0K-$898.0K-$915.0K
Other income (expense)-$487.0K$1.5M-$108.0K
Income before income taxes$496.7M$444.9M$363.9M
Provision for income taxes$82.3M$113.4M$89.4M
Net income$414.4M$331.5M$274.6M
Basic earnings per share (in dollars per share)$8.10$6.24$5.06
Diluted earnings per share (in dollars per share)$7.85$6.00$4.90
Basic weighted average common shares outstanding (in shares)51.1M shares53.1M shares54.3M shares
Diluted weighted average common shares outstanding (in shares)52.8M shares55.2M shares56.0M shares

Compare Cirrus Logic with another company

The story

Founded by Suhas Patil in 1984, in Salt Lake City.1

History

Patil Systems, Inc., was founded in Salt Lake City, Utah, in 1981 by Suhas Patil, and in 1983 the company was reorganized by Patil, Kamran Elahian, and venture capitalist Fred Nazem, whose firm, Nazem and Company provided the company's initial round of financing.

Later the company was renamed Cirrus Logic when it moved to Silicon Valley in 1984 to focus on solutions for the growing PC components market. Michael Hackworth was named president and chief executive officer in January 1985, and was CEO until February 1999. The company joined the Nasdaq market listing in 1989 (symbol: CRUS).

Cirrus Logic acquired Crystal Semiconductor, a supplier of analog and mixed-signal converter ICs, in 1991. In the early 1990s, Cirrus Logic became a supplier of PC graphics chips, audio converters and chips for magnetic storage products. David D. French joined Cirrus Logic, Inc. as president and chief operating officer in June 1998 and was named chief executive officer in February 1999. Soon after joining the company, through an acquisition strategy French repositioned the company into a premier supplier of high-performance analog and digital processing chip solutions for consumer entertainment electronics, and soon afterwards, M. Yousuf Palla joined as Vice President of Operations and Manufacturing, contributing further to its success. The company announced in April 2000 that it had completed moving its headquarters to Austin, Texas. In June 2005, Cirrus Logic sold its video products operation to an investment firm, creating privately owned Magnum Semiconductor. After French resigned in March 2007, Jason Rhode, formerly the vice president and general manager of Cirrus Logic's Mixed Signal Audio Division, was named president and CEO in May 2007. In 2014, Cirrus Logic bought Wolfson Microelectronics for approximately $467 million. In 2021, Cirrus Logic acquired Lion Semiconductor for $335 million. It had a robotics partnership with the Ann Richards School, in which Cirrus Logic committed $10,000 a year for three years. In 2023, the robotics team was made up of 10 girls, which increased to 30 in 2024.

Ambient Technologies

Following a change in focus, Cirrus Logic spun off its PC Modem business unit as Ambient Technologies in early 1999.

In early 2000, Intel purchased Ambient Technologies, subsequently renaming it its "Modem Silicon Operation" division.

Timeline of key events

1981 – Patil Systems Inc. is founded in Salt Lake City by Dr. Suhas Patil. Company focuses on IC solutions for the growing PC components market.

1984 – Patil Systems Inc. renamed Cirrus Logic and moves headquarters to Silicon Valley.

1989 – Company goes public and is listed on the Nasdaq exchange under the ticker symbol CRUS.

Read the full text

1991 – Cirrus Logic acquires Crystal Semiconductor, a supplier of analog and mixed-signal converter ICs.

1992 – Cirrus Logic completes deal for Acumos Inc.

1994 – Cirrus Logic entered an expansion program at MiCRUS in a joint venture with IBM.

1995 – Cirrus Logic agreed on a $600 million joint manufacturing venture with AT&T Microelectronics.

1995 – A joint development agreement was signed between Cirrus Logic and Advanced Telecommunications Modules, Ltd.

1998 – Cirrus Logic exits from the PC graphics card business.

1998 – David D. French joins company as president and chief operating officer in June and becomes chief executive officer in February 1999. In the fall, company spins out its communication business unit.

1999 – Cirrus Logic teams up with Microsoft Corp. in a technology agreement for its Maverick TM chip line.

1999 – Cirrus Logic joined Rockwell International Corp. in a collaboration for system-on-a-chip ICs using RISC processor cores from ARM Ltd. for industrial automation.

1999 - Cirrus Logic purchases AudioLogic, receiving PWM, multi-bit converter, and DSP technology

2000 – Cirrus Logic moves its headquarters to Austin, Texas.

2001 - Cirrus Logic purchases Peak Audio, and becomes owner of CobraNet distributed audio

2001 – Cirrus Logic announces plan to begin exit from magnetic storage chip business.

2001 – Cirrus Logic acquires several start-up companies with technologies in video decoding, video encoding, wireless networking, and networked digital audio.

2003 – Cirrus Logic closes wireless networking operations.

2005 – Cirrus Logic sells video product assets to investment firm, creating Magnum Semiconductor (company maintains minority equity position).

2006 – Cirrus Logic developed a reference design for a High Definition mainstream audio/video reliever (HD-AVR) platform together with Genesis Microchip Inc..

2007 – Jason Rhode, formerly vice president and general manager of Cirrus' Mixed-Signal Audio division, is named president and chief executive officer, replacing French who resigned in March. In July, Cirrus Logic acquires Apex Microtechnology, a provider of high-power products for industrial and aerospace markets. Cirrus Logic acquires audio chip company Tripath after it went bankrupt.

2012 – Company sells its hybrid product line in Tucson, Arizona, to a group of investors, creating Apex Microtechnology as a stand-alone company once again. In November, the company announces that it is moving its remaining product line team in Tucson to its Austin headquarters.

2012 – Cirrus Logic awarded DigiKey with the Distributor Partnership Award.

2014 – Cirrus Logic acquires UK-based Wolfson Microelectronics, an audio IC company founded in 1984.

2018 – Cirrus Logic signed an agreement with Apple for an active noise reduction chip for the next-generation AirPods.

2019 – Cirrus Logic became a strategic partner with Silicon Catalyst.

2021 – Jason Rhode steps down as CEO to be replaced by John Forsyth who was previously chief strategy officer.

2021 – Cirrus Logic announced a collaboration with Elliptic Labs to optimize the CS35L45 smart boosted amplifier using the Elliptic Labs’ AI Virtual Smart Sensor Platform.

Graphics history

In the early 1990s, Cirrus Logic was a supplier of low-cost PC graphics chips. Cirrus's Microsoft Windows 2D GUI accelerators (GDI) were among the fastest in the low-end market-segment, outperforming competing VGA chips from Oak Technologies, Trident Microsystems, and Paradise (Western Digital). For example, the Cirrus GD5422 (1992) supported hardware acceleration for both 8-bit color and 16-bit color. It was one of the lowest-priced SVGA controllers to support both.

By the mid-1990s, when PCs had migrated to the PCI bus, Cirrus had fallen behind S3 and Trident Microsystems. When the announced release date of the GD5470 "Mondello" came and went, Cirrus's reputation in desktop PC-graphics suffered. Mondello development took a back seat to the GD5464 which was near completion and proved to be a much faster design with the use of Rambus. (Because of this Mondello never got off the ground.)

The company's final graphics chips, the GD546x "Laguna" series of PCI/AGP 3D-accelerators, were novel in that they were one of the few video cards to use Rambus RDRAM. The patented use of tiled memory by the GD546x chips is still used by nearly all graphics processors today. However, like many other 2D and 3D chips at the time were gate limited by the process technology available at the time, the feature set of perspective-correct texture mapping, bilinear filtering, single-pass lighting, gouraud shading, and alpha blending, was incomplete compared to the next generation of 3D chips. The GD546x family was limited by CPU processing at the time, CPUs could not feed it enough triangles which was the real performance block. The raw processing power of the GD546x was nearly 2.5 million 25 pixel triangles per second, much faster than competitors.

When Intel announced it was entering the 3D market with the i740, Cirrus Logic exited the market, which at the time for Cirrus Logic was worth 500 million dollars annually. (Intel didn't catch up in performance for many years, the i740 was not widely accepted and did not win any major designs).

Cirrus Logic graphic cards are used in emulators. Both QEMU and Bochs emulate the Cirrus CLGD 5446 PCI VGA-card, with Bochs additionally emulating the CL-GD5430 ISA card.

Desktop

CL-GD410 + CL-GD420 – ISA SVGA chipset, Video Seven VEGA VGA (1987)

CL-GD510 + CL-GD520 – ISA SVGA "Eagle II" chipset; known for 100% CGA emulation (1988)

CL-GD5320 – ISA SVGA chipset (1990)

CL-GD5401 – ISA SVGA chipset, also known as Acumos VGA (AVGA1)

CL-GD5402 – ISA SVGA chipset, also known as Acumos VGA (AVGA2)

CL-GD5410 – ISA SVGA chipset, low-to-mid-end DRAM-based cards (accelerated), some laptop chipsets. Known for integrating graphics card components into one chip (built-in RAMDAC and clock generators) at an early point. (1991)

CL-GD5420 – ISA SVGA chipset; highly integrated (15 bit RAMDAC + PLL), 1 MB

CL-GD5421 – ISA SVGA chipset; highly integrated (15/16 bit RAMDAC + PLL), 1 MB

CL-GD5422 – Enhanced variant of the CL-GD5420 (32-bit internal memory interface, 15/16/24 bit RAMDAC. An ISA video card carrying this chipset offered 1280×1024 interlaced max resolution.

CL-GD5424 – VLB variant of the CL-GD5422, but resembles the CL-GD5426 in some respects

CL-GD5425 – True color VGA controller with TV out

CL-GD5426 – Hardware BitBLT engine; ISA bus and VLB up to 2 MB of memory

CL-GD5428 – Enhanced variant of the CL-GD5426; faster BITBLT engine

CL-GD5429 – Enhanced variant of the CL-GD5428; supports higher memory clock and has memory-mapped I/O

CL-GD5430 – Similar to CL-GD5429, but with CL-GD543x core (32-bit host interface)

CL-GD5434 – PCI Alpine family chip with 64-bit internal memory interface; supports 64-bit mode only when equipped with 2 MB of video memory; commonly equipped with 1 MB, extendable to 2 MB (1994)

CL-GD5436 – An optimized CL-GD5434

CL-GD5440 – CL-GD5430 with motion-video acceleration (CL-GD54M40 has integrated filters)

CL-GD5446 – 64-bit Alpine VisualMedia accelerator, 2D-only; adds motion-video acceleration

CL-GD546X – The Laguna Family VisualMedia Accelerators for 2D, 3D, and video. Include a BitBLT engine, video windows, and 64×64 hardware cursor. These chips use a single channel of RDRAM memory, providing up to 600 MB/s bandwidth.

CL-GD5462 - No 3D acceleration

CL-GD5464 - Hardware 3D acceleration (PCI)

CL-GD5465 - AGP support

CL-GD5480 – 64-bit Alpine accelerator with 100 MHz SGRAM. Adds MPEG-2 video acceleration.

Mobile

CL-GD610 + 620 (1989)

CL-GD6420/6440 – Used in some laptops; similar to older Cirrus chipsets (5410/AVGA2)

CL-GD6205/6215/6225/6235 – Compatible with the CL-GD5420

CL-GD7541/7542/7543/7548 – Compatible with the CL-GD5428/3x

From Wikipedia’s article on Cirrus Logic, shared under CC BY-SA 4.0.7

Leadership

Who has led Cirrus Logic, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (46)

Former names

  • CIRRUS LOGIC INCDec 15, 1994 to Jun 13, 20196

Timeline

  1. Jun 7, 2007New chief executive Jason P. Rhode becomes CEO17
  2. 1984Founded Founded in Salt Lake City1

Filings

359 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 43 major events, 203 insider forms, 21 large holders, 72 other. The latest 20:

  1. Oct 13, 20268-K EDGAR
  2. Oct 6, 20268-K EDGAR
  3. Sep 23, 20264 EDGAR
  4. Sep 21, 2026144 EDGAR
  5. Aug 24, 20264 EDGAR
  6. Aug 5, 2026S-8 EDGAR
  7. Aug 5, 202610-Q EDGAR
  8. Aug 5, 20268-K EDGAR
  9. Aug 3, 20268-K EDGAR
  10. Jul 31, 20264 EDGAR
  11. Jul 31, 20264 EDGAR
  12. Jul 31, 20264 EDGAR
  13. Jul 31, 20264 EDGAR
  14. Jul 31, 20264 EDGAR
  15. Jul 31, 20264 EDGAR
  16. Jul 21, 20264 EDGAR
  17. Jul 2, 20264 EDGAR
  18. Jun 30, 20264 EDGAR
  19. Jun 24, 20264 EDGAR
  20. Jun 4, 20264 EDGAR

The 359 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 21 such filings since October 2021, the latest 10:

  1. Apr 29, 2026SCHEDULE 13G
  2. Apr 29, 2026SCHEDULE 13G
  3. Mar 26, 2026SCHEDULE 13G/A
  4. Oct 30, 2025SCHEDULE 13G/A
  5. Feb 12, 2025SCHEDULE 13G/A
  6. Nov 12, 2024SC 13G/A
  7. Feb 22, 2024SC 13G/A
  8. Feb 13, 2024SC 13G/A
  9. Feb 13, 2024SC 13G/A
  10. Feb 9, 2024SC 13G/A

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.5,659,720$840.6M0.0%+415,542
Vanguard Portfolio Management LLC3,420,369$508.0M0.0%−359,957
Vanguard Capital Management LLC2,291,886$340.4M0.0%−5,818
State Street Corp2,167,200$321.9M0.0%+223,924
Fuller & Thaler Asset Management, Inc.1,705,024$253.2M0.7%+98,576
Geode Capital Management, LLC1,516,968$225.4M0.0%+69,297
Dimensional Fund Advisors LP1,323,467$196.6M0.0%−4,688
Earnest Partners LLC1,267,316$188.2M0.7%−32,472
Bank Of America Corp /de/1,133,298$168.3M0.0%−94,321
Aqr Capital Management LLC1,116,404$164.4M0.1%+104,597
Quantinno Capital Management LP995,676$147.9M0.2%+53,469
Allianz Asset Management GmbH988,245$143.9M0.1%−42,388
Sei Investments Co939,793$139.6M0.1%+13,154
Invesco Ltd.921,293$136.8M0.0%+237,054
Fmr LLC819,375$121.7M0.0%+185,672
Millennium Management LLC735,160$109.2M0.1%+567,303
Morgan Stanley694,452$103.1M0.0%+47,738
Robeco Institutional Asset Management B.V.688,946$102.3M0.1%+165,945
Charles Schwab Investment Management Inc671,497$99.7M0.0%−22,614
Wellington Management Group Llp652,160$96.9M0.0%−661,790
Jacobs Levy Equity Management, Inc616,244$91.5M0.3%+13,038
Northern Trust Corp552,606$82.1M0.0%+6,108
Norges Bank510,098$75.8M0.0%New
First Trust Advisors LP479,319$71.2M0.0%+5,598
Letko, Brosseau & Associates Inc442,259$65.7M1.0%−7,245

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

4 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Oct 16, 2023Tommy TubervilleRepublican, SenateSale$1,001 - $15,000+25.4%Report
Apr 3, 2023Tommy TubervilleRepublican, SenateBuy$1,001 - $15,000−87.6%Report
Jun 24, 2019Donna Shalala, HouseSale$1,001 - $15,000+3.7%Report
May 15, 2019Donna Shalala, HousePartial sale$1,001 - $15,000+36.4%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

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