Filing Flows › Cirrus Logic (CRUS) › Q4 FY26
Cirrus Logic (CRUS) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed May 21, 2026
Cirrus Logic (CRUS) reported revenue of $449M for the fourth quarter fiscal 2026 (Q4 FY26), +6% from a year earlier and -23% from the quarter before. Operating margin was 20.1%, net earnings $81.8M (18.2% of revenue).
Cirrus Logic, Q4 FY26: revenue $449M (+6% year over year), operating margin 20.1%, net earnings $81.8M, operating cash flow $151M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $449M | -23% | +6% |
| Gross profit | $238M | -23% | +5% |
| Operating profit | $90.3M | -41% | +5% |
| Net earnings | $81.8M | -42% | +15% |
| Operating cash flow | $151M | -48% | +16% |
| Free cash flow | $149M | -48% | +17% |
What changed
Revenue was $448.5M in Q4 FY26, up 6% year over year and down 23% from the previous quarter. Audio Products was the largest line at 57% of revenue.
Gross margin was 53.0%, down 0.4 points from Q4 FY25. Operating profit was $90.3M, a 20.1% margin (down 0.1 points year over year). Of the extra revenue versus Q4 FY25, 18% reached operating profit, below the 20% margin then. Operating expenses grew 5% against revenue growth of 6%. Net earnings were $81.8M, up 15% year over year. The effective tax rate was 18.4%.
Operating cash flow was $151.4M (up 16% year over year), 185% of net earnings. Non-cash charges added back $13.3M of depreciation and amortization and $19.8M of share-based compensation. Working capital and other items added $36.4M. Capital expenditures of $2.4M left free cash flow of $149.0M.
Questions
What was Cirrus Logic's revenue in the fourth quarter fiscal 2026?
Cirrus Logic (CRUS) reported revenue of $449M for the fourth quarter fiscal 2026 (Q4 FY26), +6% from a year earlier and -23% from the quarter before.
Was Cirrus Logic profitable in the fourth quarter fiscal 2026?
Operating profit was $90.3M (20.1% of revenue) and net earnings $81.8M.
Source: Cirrus Logic 10-K on SEC EDGAR.