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Cirrus Logic CRUS · USD

Information Technology · US listing · 🇺🇸 United States

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118.28

+4.14%

Close of 9 Nov 2026, in USD

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About Cirrus Logic

From its filings with the US Securities and Exchange Commission

SEC filings

Cirrus Logic is based in Austin, Texas and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker CRUS. The SEC classifies its business as semiconductors & related devices. In the fiscal year to 28 March 2026, it reported revenue of $2.00bn and net income of $414.4m. At that date it held total assets of $2.49bn and shareholders' equity of $2.13bn.

In its own words

Cirrus Logic, Inc. ("Cirrus Logic," "We," "Us," "Our," or the "Company") is a leader in low-power, high-precision mixed-signal processing solutions that create innovative user experiences for the world’s top mobile and consumer applications.

We were incorporated in California in 1984, became a public company in 1989 and were reincorporated in the State of Delaware in February 1999. Our primary facility, which houses engineering, sales and marketing, and administrative functions, is located in Austin, Texas. We also have offices in various other locations in the United States, United Kingdom, Taiwan, the People’s Republic of China, South Korea, Japan, and Singapore. Our common stock, which has been publicly traded since 1989, is listed on the NASDAQ's Global Select Market under the symbol CRUS.

Cirrus Logic targets growing markets where we can leverage our expertise in low-power, high-precision mixed-signal processing to solve complex problems that span the analog-to-digital divide. The Company is committed to a three-pronged strategy for growing our business: first, maintaining our leadership position in smartphone audio; second, increasing high-performance mixed-signal ("HPMS") content in smartphones; and third, leveraging our strength and intellectual property in audio and HPMS to expand into additional applications and markets with both new and existing components.

Quoted from its 10-K, filed 21 May 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Information Technology
Industry
Semiconductors & Semiconductor Equipment
Listed since
9 Jun 1989
Employees
1,668
Website
cirrus.com ↗
Head office
800 WEST 6TH STREET, AUSTIN, TX, 78701
Incorporated in
DE
Classification
Semiconductors & Related Devices
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Dr. David TupmanIndependent Chairman of the Board$360,886
  • Mr. John ForsythPresident, Chief Executive Officer, Director, since 2020$9.9m
  • Mr. F. Jeff WoolardChief Financial Officer$5.8m
  • Ms. Denise GrodeChief Human Resources Officer, Executive Vice President$3.7m
  • Mr. Gregory ThomasExecutive Vice President, General Counsel$2.4m
  • Mr. Andrew BrannanExecutive Vice President - Worldwide Sales$1.9m
  • Mr. Carl AlbertyExecutive Vice President - Mixed-Signal Products$2.3m
  • Mr. Jeffrey BaumgartnerExecutive Vice President - Research and Development$1.8m
  • Mr. Justin DoughertyExecutive Vice President - Global Operations$2.3m
  • Mr. Alexander DavernIndependent Director$328,672
  • Mr. Raghib HussainIndependent Director$292,771
  • Ms. Duy-Loan LeIndependent Director$314,993

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
72
Environment
46
Social
99
Governance
71
Direct emissions (scope 1)
520 t
Energy emissions (scope 2)
8,568 t
Value chain emissions (scope 3)
276,726 t
Women in the workforce
18%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Cirrus Logic Inc is known for its strong track record in technology innovation, particularly in audio and voice processing. This enables the company to develop cutting-edge products and maintain a competitive edge in the market.
  • The company possesses a robust intellectual property portfolio, including patents and trademarks, which provides a significant advantage in protecting its technology and market position. This enables the company to secure licensing agreements and generate additional revenue streams.
  • Cirrus Logic Inc has a solid financial standing with consistent revenue growth and healthy profit margins. This enables the company to invest in research and development, expand its operations, and pursue strategic acquisitions to drive further growth.

Weaknesses

  • Cirrus Logic Inc relies heavily on a few major customers for a significant portion of its revenue. This poses a risk as a loss of any major customer or a decrease in their demand could have a negative impact on the company's financial performance.
  • The company's success heavily depends on the consumer electronics industry, as it supplies audio and voice processing solutions primarily to smartphone manufacturers. Any slowdown or decline in the industry could adversely affect Cirrus Logic Inc's business.

Opportunities

  • Cirrus Logic Inc has the opportunity to expand its presence into emerging markets, such as wearable devices, smart home technology, and automotive applications. By diversifying its product offerings and customer base, the company can reduce its reliance on the consumer electronics industry.
  • The increasing demand for advanced audio solutions in various industries, such as gaming, virtual reality, and augmented reality, presents an opportunity for Cirrus Logic Inc to leverage its expertise and expand its market share by developing tailored solutions for these sectors.

Threats

  • The market for audio and voice processing solutions is highly competitive, with the presence of notable players. Cirrus Logic Inc faces the risk of losing market share to competitors who may offer similar or alternative solutions at lower prices or with better features.
  • The rapid pace of technological advancements poses a threat to Cirrus Logic Inc, as its products and solutions may become obsolete if it fails to keep up with evolving customer demands and industry standards. Continuous investment in research and development is crucial to staying competitive.

Sources and methodology

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