Company Analysis

Cirrus Logic, Inc. (CRUS)

Nasdaq: CRUS · Semiconductors & Related Devices · Austin, TX · filing with the SEC since 1994
Grade6.8
◀ Past 6.8● Present 7.5▶ Future 5.9

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in March.
Income statement, by fiscal year, newest first
Fiscal yearFY 2026FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Period endingMar 28, 2026Mar 29, 2025Mar 30, 2024Mar 25, 2023Mar 26, 2022Mar 27, 2021Mar 28, 2020Mar 30, 2019Mar 31, 2018Mar 25, 2017
Report filedMay 21, 2026May 23, 2025May 24, 2024May 19, 2023May 20, 2022May 21, 2021May 20, 2020May 24, 2019May 30, 2018May 24, 2017
Revenue1,997,3791,896,0771,788,8901,897,6171,781,4601,369,2301,281,1241,185,5241,532,1861,538,940
Cost of revenue943,207900,039872,818940,638857,819661,929606,957588,027771,470781,125
Gross profit1,054,172996,038916,072956,979923,641707,301674,167597,497760,716757,815
Research and development433,953434,684426,475458,412406,307342,759347,647375,139366,444303,658
Selling, general and administrative159,839150,995144,172153,144150,996127,008131,115126,502131,811127,265
Total operating expenses593,792585,679572,606707,948557,303470,119500,687496,728498,255440,765
Operating income460,380410,359343,466249,031366,338237,182173,480100,769262,461317,050
Interest expense8988989158989481,0571,0571,0571,1533,600
Interest and investment income37,73933,98421,4939,9851,5636,28110,4588,0174,7621,676
Other income (expense), net-4871,469-108-3,3791,7102,840-1,615-217-971-79
Income before income taxes496,734444,914363,936254,739368,663245,246181,26693,744265,099315,047
Income tax expense82,326113,40789,36478,03642,30827,90221,7683,753103,10453,838
Net income414,408331,507274,572176,703326,355217,344159,49889,991161,995261,209
Earnings per share, basic8.106.245.063.185.703.742.741.502.554.12
Earnings per share, diluted7.856.004.903.095.523.622.641.462.463.92
Weighted average shares, basic51,13753,13554,29055,61457,27858,10658,31760,11663,40763,329
Weighted average shares, diluted52,82255,24156,02157,22659,14360,06060,46261,58365,95166,561
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfGoodsSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpenseDebt
us-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeNet
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton CRUS · research, not advice