Cirrus Logic's Record-Breaking FY2026: Smartphone, PC, & Beyond

Cirrus Logics fiscal year 2026 results showcase record-breaking revenue of $2 billion, a 5% increase from the previous year. This growth is attributed to robust smartphone components and increased PC sales. The companys fourth-quarter performance was exceptional, with $448.5 million in revenue, surpassing guidance and setting a new record for non-GAAP earnings per share at $9.26. Cirrus Logics dominance in smartphone audio, driven by custom amps and smart codecs, continues to thrive. Their high-performance mixed-signal products, such as camera controllers and new power tech for batteries, have also shone brightly. A significant achievement was partnering with their top customer on Face ID power solutions, marking the beginning of design on a smart power IC for 3D sensing. PCs contributed to steady growth, with share gains and new amps for AI-enabled machines. Analysts questioned the company about this growth, highlighting robust design wins and increased content per device for the upcoming year. Beyond phones and PCs, Cirrus Logic is expanding into ultra-high audio converters for pro audio, autos, and industrial imaging. The companys financials remain strong, with $1.2 billion in cash, no debt, and $319 million added from operations. They repurchased $280 million worth of shares. Gross margins reached 52.8% for the year, while operating margins stood at 27.5%. Looking ahead, Cirrus Logics first-quarter 2027 guidance is set at $430 to $490 million, up from the midpoint. The company plans to increase R&D spending to capitalize on a vast pipeline across markets, ensuring sustained growth and shareholder value in the long term. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f078c50dde2cdbea