Overview
Company Historically Provides H-1B Sponsorship
Cirrus Logic designs low-power, high-precision mixed-signal ICs and software for audio and control, serving mobile, smart home, and wearable markets. Its devices provide audio processing, voice capture, and control features integrated into consumer electronics, focusing on power efficiency. The company differentiates itself by specializing in power-efficient, high-precision audio and mixed-signal technology and by pairing silicon with software, services, and development tools for manufacturers. Its goal is to be a leading supplier of audio and mixed-signal solutions that improve user experiences in mobile, smart home, and wearable devices while maintaining strong governance and ESG commitments.
Work here?Claim your company
About Cirrus Logic
Industries
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Austin, TX
Founded
1984
Get referred to Cirrus Logic
See people who can refer or advise you
Simplify's take
What believers are saying
- November 4, 2026 revenue reached $559.5 million, driven by stronger smartphone volumes and content.
- Cirrus closed INVENTVM and added power-management IP for additional applications and markets.
- The board authorized another $500 million buyback, reinforcing per-share earnings support through 2027.
What critics are saying
- Barclays cut Cirrus to Underweight on October 20, 2026, citing weaker 2027 iPhone units.
- KeyBanc said Apple cuts imply flat-to-down iPhone volumes and limited six-to-12-month growth.
- PC diversification is delayed by memory shortages, risking another year of Apple dependency.
What makes Cirrus Logic unique
- Cirrus Logic ships custom audio and power chips into smartphones, not commodity silicon.
- November 4, 2026 results showed 93% revenue concentration with one major customer.
- October 6, 2026 INVENTVM acquisition deepened mixed-signal power design and Italian engineering capacity.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$353.1M
Above
Industry Average
Funded Over
4 Rounds
Benefits
- Health Insurance
- 401(k)
- Paid Time Off
- Monthly Concerts
- Weekly Happy Hours
- Festival Tickets
- On-Site Med Clinic
- Community Events
Stock Price
Growth & Insights and Company News
6 month growth
0%1 year growth
4%2 year growth
4%Cirrus Logic fiscal Q2 revenue holds flat at $559.5 million, EPS falls to $2.23; guides December quarter to $510-570 million. Key points * Revenue was $559.5 million in the quarter ended September 26, flat year over year and up 22% sequentially; GAAP gross margin was 53.7% and GAAP EPS $2.23 [[1]]. * Fiscal Q3 guidance calls for $510 million to $570 million of revenue and 51% to 53% GAAP gross margin [[1]]. * One customer supplied about 93% of revenue, and Cirrus said memory and component shortages are cutting PC unit volumes [[2]]. Cirrus Logic reported revenue of $559.5 million for the second quarter of fiscal 2027, which ended September 26, 2026, essentially flat from $561.0 million a year earlier and up 22% from the June quarter [[1]] [[2]]. GAAP net income fell 13% to $114.7 million and diluted EPS fell to $2.23 from $2.48, as operating expenses rose 12% on higher employee and product-development costs and $6.9 million of acquisition-related costs. Non-GAAP EPS was $2.70 [[1]]. The company said higher smartphone volumes and more content per phone offset lower general-market sales and previously anticipated pricing reductions. One customer, which Cirrus does not name, accounted for about 93% of revenue [[2]]. Quarter at a glance. | Metric | Q2 FY27 (Sep 2026) | Q1 FY27 (Jun 2026) | Q2 FY26 (Sep 2025) | | Revenue | $559.5M | $459.7M | $561.0M | | Gross margin | 53.7% | 52.6% | 52.5% | | Operating income | $132.4M | $84.4M | $144.8M | | Net income | $114.7M | $76.9M | $131.6M | | Diluted EPS | $2.23 | $1.47 | $2.48 | | Audio revenue | $314.5M | $249.0M | $318.2M | | HPMS revenue | $245.0M | $210.7M | $242.7M | Guidance, PCs and capital. For the December quarter, Cirrus expects revenue of $510 million to $570 million, down 3% sequentially and 7% year over year at the midpoint, GAAP gross margin of 51% to 53%, and combined GAAP R&D and SG&A of $184 million to $190 million [[1]] [[2]]. It said memory and component shortages are driving significant PC unit declines this year, citing market research, and will cut shipments further in 2027, delaying PC models that carry more Cirrus content. MLQ has covered how memory inflation is reaching device makers' margins. After the quarter Cirrus closed its acquisition of INVENTVM, an Italian power-management and audio chip designer, and the board authorized another $500 million of buybacks [[1]] [[2]]. "Cirrus Logic delivered solid results in the September quarter primarily driven by strong demand and increased content shipping into smartphones," CEO John Forsyth said [[1]]. Companies mentioned. At the intersection of AI, tech, and markets. The stories that matter, in one email. Free - unsubscribe anytime.
Native plants, bigger impact: takeaways from the 2026 Texan by Nature Conservation Summit. By Marcie Delgado For the third consecutive year, I attended the Texan by Nature Conservation Summit, an annual gathering that brings together conservation organizations, businesses, researchers, land managers, and community leaders to explore solutions to Texas's environmental challenges. This year's theme, "Future of Conservation," highlighted an important message: protecting nature is not the responsibility of conservation organizations alone. It requires collaboration across sectors, and a recognition that healthy ecosystems are essential to healthy communities and economies. One of the strongest themes throughout the summit was that conservation is not separate from economic success, it should be considered one of its foundations. Businesses depend on healthy ecosystems, whether through reliable water supplies, productive soils, pollinators that support agriculture, or natural areas that help communities withstand heat, flooding, and other environmental pressures. Investing in nature is not simply an act of goodwill; it can also protect supply chains, reduce long-term maintenance costs, and build resilience for the future. Nature as Infrastructure Several presentations demonstrated how ecological restoration can deliver practical benefits at a significant scale. TreeFolks, in partnership with Cirrus Logic, shared work restoring Central Texas floodplains through native tree planting and reforestation. These projects help protect watersheds, improve habitat, and demonstrate how corporate partnerships can support long-term environmental benefits. In Dallas, the Bachman Lake Greenbelt project is restoring urban green space by removing invasive plants and establishing native vegetation. Beyond supporting biodiversity, healthy tree canopy and native plant communities can help mitigate urban heat, improve water infiltration, and reduce runoff. These benefits are especially relevant to communities facing hotter summers and increasing pressure on stormwater infrastructure. Other sessions explored opportunities to transform utility and pipeline rights-of-way into native plant corridors. Rather than relying exclusively on frequent mowing, land managers and energy companies are exploring native grasses and other locally adapted vegetation to stabilize soil, reduce erosion, support wildlife, and potentially lower maintenance costs. These corridors offer an opportunity to connect fragmented habitats while making existing infrastructure more ecologically beneficial. For native plant enthusiasts and naturalists, these examples reinforce a familiar principle: native vegetation is more than landscaping. It is functional infrastructure that supports water conservation, soil health, biodiversity, and community resilience. Healthy Ecosystems Support Healthy Businesses The connection between conservation and business was especially clear during a presentation on Hershey's sustainability initiatives. The company's work includes partnerships with agricultural producers to improve soil health, protect water resources, and restore playa lakes in the Texas High Plains. These shallow wetlands play an important role in wildlife habitat and groundwater recharge, including recharge of the Ogallala Aquifer, which supports agriculture across the region. Hershey's approach illustrates why businesses are increasingly investing in the ecosystems behind their supply chains. Agricultural production depends on healthy soil, dependable water, and resilient farming communities. When those natural systems are degraded, the effects can extend far beyond a single property or industry. This perspective offers an important opportunity for native plant conservation. The benefits of native vegetation, including erosion control, improved infiltration, habitat provision, and support for pollinators- can help protect the natural resources on which communities and businesses rely. By communicating those benefits in practical, measurable terms, conservation organizations can help make native plant restoration a shared community priority. Collaboration Creates New Opportunities The summit also provided valuable opportunities to strengthen existing relationships and make new connections. I had the opportunity to network with representatives from Texas Conservation Alliance (TCA) and Bird City Texas, organizations whose work and community connections offer opportunities for continued conservation collaboration. I also made a promising new connection with members of the Coors' and Mary Kay sustainability departments. With the companies' presence in North Texas, there may be opportunities to connect interests in environmental stewardship with local conservation efforts. Representatives expressed interest in exploring ways to volunteer and contribute to programs. While those conversations are preliminary, they are an encouraging reminder that new partnerships can begin with simply sharing what its organizations do and identifying common goals. For NPSOT, these connections are particularly valuable. Its chapters offer meaningful ways for businesses and community members to participate in conservation through native plant education, habitat restoration, volunteer projects, and outreach. By making those opportunities visible and showing how local projects contribute to broader environmental goals, Npsot can help build partnerships that benefit both people and nature. What This Means for NPSOT Across the summit's presentations, a consistent message emerged: lasting conservation requires collaboration, locally appropriate solutions, and a commitment to measurable, long-term results. Whether restoring floodplains, improving agricultural soil, protecting wetlands, or converting infrastructure corridors to native habitat, successful projects depend on people working together toward shared outcomes. This is work that NPSOT chapters already support in their communities. Every native plant garden, school habitat, restoration project, educational program, and volunteer event helps strengthen the network of habitats on which wildlife and people depend. These efforts also provide opportunities to demonstrate that native plants are not imply an aesthetic choice; they are an investment in healthier landscapes and more resilient communities. The summit reinforced my belief that its work has value far beyond the boundaries of an individual garden or project. When Npsot connect native plant conservation to water quality, soil health, biodiversity, and the needs of local communities and businesses, Npsot help others see why this work matters- and how they can be part of it. The future of conservation will depend on building those connections. As NPSOT members, Npsot has an opportunity to continue expanding its partnerships, sharing the practical benefits of native plants, and inviting more people and organizations to take part. Healthy habitats support healthy communities, and together, Npsot can help ensure that Texas's natural heritage remains a foundation for both environmental and economic resilience.
Cirrus Logic (CRUS) set to post earnings on Wednesday. October 28, 2026 Key points. * Cirrus Logic is scheduled to report Q2 fiscal 2027 results after market close on November 4, 2026. Analysts expect $2.42 in earnings per share and $540.37 million in revenue. * The company's previous quarter exceeded EPS expectations, reporting $1.84 per share versus $1.81 expected, while revenue rose 12.9% year over year to $459.72 million. * Analyst sentiment is mixed, with Cirrus Logic carrying an average "Hold" rating and a $147.86 target price; several firms have recently reduced their price targets, while insiders have sold shares in the past 90 days. * Is Cirrus Logic on your watchlist? MarketBeat All Access adds unlimited watchlist stocks and real-time alerts for $149 a year, a rate that never goes up while you are a member. Cirrus Logic (NASDAQ:CRUS - Get Free Report) is projected to post its Q2 2027 results after the market closes on Wednesday, November 4th. Analysts expect Cirrus Logic to post earnings of $2.42 per share and revenue of $540.37 million for the quarter. Investors can check the company's upcoming Q2 2027 earnings results page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 5:00 PM ET. Cirrus Logic (NASDAQ:CRUS - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $1.84 EPS for the quarter, topping the consensus estimate of $1.81 by $0.03. The firm had revenue of $459.72 million for the quarter, compared to analysts' expectations of $460.32 million. During the same quarter in the previous year, the business earned $1.51 earnings per share. The company's revenue for the quarter was up 12.9% compared to the same quarter last year. On average, analysts expect Cirrus Logic to post $7.20 EPS for the current fiscal year and $7.30 EPS for the next fiscal year. Cirrus Logic trading up 1.1%. Shares of CRUS stock opened at $114.27 on Wednesday. Cirrus Logic has a twelve month low of $105.10 and a twelve month high of $180.42. The stock has a market capitalization of $5.73 billion, a price-to-earnings ratio of 13.99 and a beta of 1.17. The stock has a fifty day simple moving average of $114.47 and a two-hundred day simple moving average of $138.60. Insider buying and selling. In related news, EVP Jeffrey Baumgartner sold 1,166 shares of the business's stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $107.75, for a total value of $125,636.50. Following the completion of the transaction, the executive vice president owned 11,741 shares of the company's stock, valued at $1,265,092.75. The trade was a 9.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 3,498 shares of company stock valued at $401,850 over the last ninety days. Insiders own 1.20% of the company's stock. Analyst upgrades and downgrades. Several brokerages have recently commented on CRUS. Susquehanna cut their price target on Cirrus Logic from $200.00 to $170.00 and set a "positive" rating on the stock in a research note on Wednesday, October 21st. Stifel Nicolaus lowered their price objective on shares of Cirrus Logic from $197.00 to $160.00 and set a "buy" rating for the company in a research note on Thursday, August 6th. Wall Street Zen cut shares of Cirrus Logic from a "buy" rating to a "hold" rating in a report on Sunday, October 18th. Weiss Ratings upgraded shares of Cirrus Logic from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, October 16th. Finally, Barclays downgraded shares of Cirrus Logic from an "equal weight" rating to an "underweight" rating and cut their target price for the company from $130.00 to $95.00 in a research report on Tuesday, October 20th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Cirrus Logic presently has an average rating of "Hold" and an average target price of $147.86. Discover more MarketBeat All Access MarketBeat Research Tools About Cirrus Logic. Cirrus Logic, Inc is a fabless semiconductor company that designs high-performance, low-power analog and mixed-signal integrated circuits. Its products are used to process, manage and enhance audio and other signals in electronic devices, including smartphones, tablets, laptops, headphones, smart speakers and automotive systems. The company's product portfolio includes audio codecs, digital-to-analog and analog-to-digital converters, amplifiers, haptic controllers, sensing solutions and power-management components. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Cirrus Logic, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cirrus Logic wasn't on the list. While Cirrus Logic currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. The AI boom extends far beyond the biggest tech names. Discover 10 companies supplying the memory, storage, networking, semiconductor manufacturing, and power infrastructure that make AI possible. Learn where the next wave of AI investment opportunities may emerge - and the key risks investors should watch as the global AI buildout accelerates. Continue following MarketBeat
KeyBanc Capital Markets has downgraded Cirrus Logic to "Sector Weight" from "Overweight," warning that Apple may cut iPhone output in 2027. Apple, which accounts for about 90% of the chipmaker's revenue, is reportedly asking suppliers to scale back component production as higher memory costs cool demand. Analyst John Vinh said Apple's cuts to TSMC wafer starts, equal to 15 million to 20 million iPhones, point to weaker volumes. He sees limited growth for Cirrus over the next six to 12 months, and delays in its PC expansion add to the risk. Cirrus shares hit a 52-week low of $105.10 on October 15, down 40% from their May peak of $180.42. The company has a market value of about $5.4 billion and reports quarterly results on November 4.
Cirrus Logic acquires Inventvm to expand power tech. This post contains affiliate links, and I will be compensated if you make a purchase after clicking on my links, at no cost to you. Welcome to its latest deep dive into industry developments, where ICO Optics explore major corporate moves shaping technology landscapes. In this post, ICO Optics examine Cirrus Logic's strategic acquisition of Inventvm Semiconductor to significantly boost its power technology portfolio. This buyout introduces cutting-edge mixed-signal capabilities designed to revolutionize portable and consumer electronics. As part of its ongoing commitment to tech updates, you can find more updates through its optics news coverage. Table of Contents Strategic expansion in power technologies. The acquisition of Inventvm brings specialized engineering expertise directly into the Cirrus Logic ecosystem. This integration focuses heavily on advanced, high-efficiency power conversion and intelligent management integrated circuits. Engineers and technical personnel from Inventvm will seamlessly transition to the acquiring company once final clearances are met. Such technical shifts often parallel innovations seen in high-end spotting scopes and precision measurement tools. Diversifying beyond traditional markets. Company leadership views this strategic move as a pivotal step toward broadening future revenue streams. By moving beyond traditional audio components, the firm aims to capture surging global demand for efficient power systems. Market analysts believe that enhanced power management will unlock new growth sectors across diverse hardware platforms. Similar technological pivots are regularly evaluated in its detailed product reviews. Future market implications and growth. The transaction is currently awaiting standard regulatory approvals and customary closing conditions before final implementation. Once fully completed, the combined technical teams expect to accelerate product development cycles dramatically. This accelerated roadmap promises to introduce robust, power-efficient solutions for next-generation portable applications worldwide. For broader technical reading, feel free to browse its comprehensive collection of optics articles. Enhancing long-term technical capabilities. Integrating Inventvm's specialized intellectual property solidifies the corporation's competitive stance in mixed-signal innovation. Stakeholders anticipate that these combined forces will yield long-term architectural benefits across multiple market segments. Ultimately, this acquisition highlights how mature tech companies continually adapt to meet evolving consumer expectations. Precision engineering remains a vital core driver whether designing semiconductor chips or sophisticated binoculars. Conclusion on semiconductor evolution. The semiconductor industry continues to experience rapid consolidation as firms vie for superior energy-efficient designs. Cirrus Logic's bold step demonstrates a proactive approach to modern power management challenges. ICO Optics will continue tracking these corporate developments and their downstream effects on consumer technology. Stay tuned for more insights into how hardware engineering shapes its modern digital ecosystem. Additional Reading:
Cirrus Logic is Hiring for 126 Jobs on Simplify!
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs
About Cirrus Logic
Industries
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Austin, TX
Founded
1984
Cirrus Logic is Hiring for 126 Jobs on Simplify!
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs