Filing Flows

Filing Flows › Companies › Cirrus Logic › Cash flow

Cirrus Logic cash flow, quarter by quarter

Latest: Q2 FY27 · from the cash-flow statements filed with the SEC

Free cash flow$42.5M in Q2 FY27 · $526M over twelve months

Operating cash flow$50.9M
Capital spending−$8.4M
Free cash flow+$42.5M
Cash / net income0.4×
Cash conversion cycle112 days

Analysis

In Q2 FY27, Cirrus Logic generated $50.9M of operating cash flow and spent $8.4M on capital projects, leaving free cash flow of $42.5M.

Over the twelve months to Sep 26, 2026, operating cash flow was $557M; the largest uses were buybacks ($300M), other investing ($61.7M), taxes on employees’ shares ($39.7M); besides operations, cash came from shares issued ($3.9M); the cash balance rose by $127M.

Operating cash flow was $50.9M against net income of $115M — 0.4× profit, less cash than reported earnings, worth checking against working capital. The largest differences: receivables −$112M, payables +$39.4M, stock-based pay +$18.3M.

Its cash conversion cycle was 112 days (receivables 50 + inventory 94 − payables 32).

Free cash flow

Cirrus Logic: free cash flow by quarterCirrus Logic: free cash flow by quarter$212MQ3 FY25$127MQ4 FY25$113MQ1 FY26$88.3MQ2 FY26$286MQ3 FY26$149MQ4 FY26$49.0MQ1 FY27$42.5MQ2 FY27
Operating cash flow less capital spending.
Cirrus Logic: operating cash flow against capital spendingCirrus Logic: operating cash flow against capital spendingOperating cash flowCapital spending$219M$6.7MQ3 FY25$130M$3.4MQ4 FY25$116M$2.6MQ1 FY26$92.2M$3.9MQ2 FY26$291M$5.1MQ3 FY26$151M$2.4MQ4 FY26$64.1M$15.1MQ1 FY27$50.9M$8.4MQ2 FY27
Latest (Q2 FY27): Operating cash flow $50.9M, Capital spending $8.4M.

Capital allocation, year by year

Cirrus Logic: where the cash came from (up) and went (down), by fiscal yearCirrus Logic: where the cash came from (up) and went (down), by fiscal yearOperating cash flowShares issuedCapital spendingAcquisitionsBuybacksFY22: Operating cash flow $125MFY22: Shares issued $13.2MFY22: Capital spending −$26.1MFY22: Acquisitions −$277MFY22: Buybacks −$168M$138MFY22FY23: Operating cash flow $340MFY23: Shares issued $10.1MFY23: Capital spending −$35.1MFY23: Buybacks −$191M$350MFY23FY24: Operating cash flow $422MFY24: Shares issued $3.3MFY24: Capital spending −$37.6MFY24: Buybacks −$186M$425MFY24FY25: Operating cash flow $444MFY25: Shares issued $15.4MFY25: Capital spending −$22.8MFY25: Buybacks −$261M$460MFY25FY26: Operating cash flow $651MFY26: Shares issued $3.9MFY26: Capital spending −$14.0MFY26: Buybacks −$280M$654MFY26
Over these 5 years operating cash flow totalled $2.0B; the largest uses were buybacks ($1.1B) and acquisitions ($277M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$720M
Debtnone
Net cash$720M

Cirrus Logic funds itself: free cash flow was $526M over the last twelve months, with $720M of cash and investments and no debt on the balance sheet.

Where the cash came from and went

Cirrus Logic: sources (+) and uses (−) of cash, Q2 FY27Cirrus Logic: sources (+) and uses (−) of cash, Q2 FY27Buybacks−$128MCash drawn (+) / kept (−)$90.5MOperating cash flow$50.9MCapital spending−$8.4MOther investing−$4.0MTaxes on employees’ shares−$1.2MShares issued$667K
Cirrus Logic: sources (+) and uses (−) of cash, TTM to Q2 FY27Cirrus Logic: sources (+) and uses (−) of cash, TTM to Q2 FY27Operating cash flow$557MBuybacks−$300MCash drawn (+) / kept (−)−$127MOther investing−$61.7MTaxes on employees’ shares−$39.7MCapital spending−$31.0MShares issued$3.9MOther financing−$2.1M

From profit to cash

Cirrus Logic: net income to operating cash flow, Q2 FY27Cirrus Logic: net income to operating cash flow, Q2 FY27Net income$115MDepreciation & amortization$13.6MStock-based pay$18.3MDeferred taxes$10.5MOther non-cash$137KReceivables−$112MInventory−$8.5MPayables$39.4MPrepaid and other assets−$18.0MIncome taxes payable−$7.5MOperating cash flow$50.9M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.
QuarterReceivable daysInventory daysPayable daysCash conversion cycle
Q2 FY27509432112
Q1 FY274710533119
Q4 FY26519332111
Q3 FY2650712596
Q2 FY26468825109
Q1 FY264813630154
Q4 FY255113232151
Q3 FY25489730115

Every quarter

QuarterOperating cash flowCapital spendingBuybacksShares issuedCash drawn (+) / kept (−)Free cash flow
Q2 FY27$50.9M−$8.4M−$128M$667K$90.5M$42.5M
Q1 FY27$64.1M−$15.1M−$31.5M$1.3M−$9.7M$49.0M
Q4 FY26$151M−$2.4M−$70.0M$875K−$22.8M$149M
Q3 FY26$291M−$5.1M−$70.0M$1.0M−$185M$286M
Q2 FY26$92.2M−$3.9M−$40.0M$1.6M−$44.6M$88.3M
Q1 FY26$116M−$2.6M−$100M$382K−$9.2M$113M
Q4 FY25$130M−$3.4M−$100M—−$13.2M$127M
Q3 FY25$219M−$6.7M−$70.0M$378K−$80.7M$212M

Cirrus Logic: income statement and cash flow

Cirrus Logic, Q2 FY27: revenue $559M (-0.3% year over year), operating margin 23.7%. The chart follows the revenue to costs, profit and cash.

Cirrus Logic: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.