Cirrus Logic Posts $2B FY26 Revenue, $7.85 EPS on Strong Demand
CRUS sits 81% above its 52-week low of $92.02.
Summary
Cirrus Logic reported strong fiscal year 2026 results, with net sales reaching $2 billion and diluted EPS of $7.85. This represents a 5.3% increase in revenue and a significant 30.8% jump in EPS compared to the prior year. The formal 10-K filing confirms the positive preliminary announcement made in the May 6th 8-K, highlighting robust demand from smartphone and PC markets, alongside a favorable shift to higher-margin products that boosted gross margin to 52.8%.
At the time of this announcement, CRUS was trading at $166.62 on NASDAQ in the Technology sector, with a market capitalization of approximately $8.5B. The 52-week trading range was $92.02 to $179.00. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.