OverviewSuggest Edit

Cirrus Logic is a fabless semiconductor company that develops, manufactures, and markets analog and mixed-signal integrated circuits (ICs) for a range of consumer and industrial markets. It offers low-power, high-precision mixed-signal processing solutions for mobile applications including smartphones, wearables, tablets, digital headsets, as well as other segments such as consumer, smart home, and automotive. The product line also includes smart codecs, boosted amplifiers, haptic driver and sensing solutions, and DSPs (digital signal processors).

TypePublic
Founded1984
HQAustin, TX, US
Websitecirrus.com
Employee Ratings4.4
Overall CultureC+

Latest Updates

Employees (est.) (Mar 2020)1,443(-6%)
Job Openings96
Revenue (FY, 2021)$1.4 B(+7%)
Share Price (Jun 2021)$77.7
Cybersecurity ratingBMore

Key People/Management at Cirrus Logic

John Forsyth

John Forsyth

President and Chief Executive Officer
Carl Alberty

Carl Alberty

Vice President
Scott Anderson

Scott Anderson

Senior Vice President, Supply Chain
Jo-Dee M. Benson

Jo-Dee M. Benson

Vice President and Chief Culture Officer
Jeff Baumgartner

Jeff Baumgartner

Vice President, Research and Development
Andy Brannan

Andy Brannan

Vice President, Worldwide Sales
Show more

Cirrus Logic Office Locations

Cirrus Logic has offices in Austin, Cupertino, Mesa, Salt Lake City and in 12 other locations
Austin, TX, US (HQ)
800 W 6th St
Cupertino, CA, US
19419 Stevens Creek Blvd #200
Mesa, AZ, US
1620 S Stapley Dr #118
Salt Lake City, UT, US
111 Main St #1550
Beijing, CN
Chaoyang
Shenzhen Shi, CN
Shen Nan Zhong Lu, Futian Qu
Show all (18)

Cirrus Logic Financials and Metrics

Cirrus Logic Revenue

Embed Graph
View revenue for all periods
Cirrus Logic's revenue was reported to be $1.37 b in FY, 2021
USD

Revenue (FY, 2021)

1.4b

Gross profit (FY, 2021)

707.3m

Gross profit margin (FY, 2021), %

51.7%

Net income (FY, 2021)

217.3m

EBIT (FY, 2021)

237.2m

Market capitalization (7-Jun-2021)

4.5b

Closing stock price (7-Jun-2021)

77.7

Cash (27-Mar-2021)

442.2m

EV

4.2b
Cirrus Logic's current market capitalization is $4.5 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

1.5b1.2b1.3b1.4b

Revenue growth, %

(23%)8%

Cost of goods sold

771.5m588.0m607.0m661.9m

Gross profit

760.7m597.5m674.2m707.3m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

254.5m366.3m324.3m238.3m388.9m374.7m242.6m347.3m485.8m

Cost of goods sold

129.9m181.2m161.1m115.8m181.0m177.2m115.1m167.1m234.3m

Gross profit

124.6m185.1m163.2m122.5m207.9m197.5m127.5m180.2m251.5m

Gross profit Margin, %

49%51%50%51%53%53%53%52%52%
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Cash

235.6m216.2m292.1m442.2m

Accounts Receivable

100.8m120.7m154.0m108.7m

Prepaid Expenses

31.2m30.8m23.6m37.6m

Inventories

205.8m164.7m146.7m173.3m
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

162.0m90.0m159.5m217.3m

Depreciation and Amortization

81.4m79.8m68.2m47.1m

Inventories

(37.9m)40.6m17.8m(26.5m)

Accounts Payable

143.0k(22.0m)27.6m21.1m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(4.3m)53.9m83.8m4.6m80.8m149.3m18.2m77.7m192.1m

Depreciation and Amortization

22.6m45.3m62.6m19.7m37.9m55.4m11.7m23.8m35.5m

Inventories

32.3m63.1m37.5m18.4m19.9m26.8m(52.6m)(62.3m)4.0m

Accounts Payable

(31.2m)(516.0k)8.7m3.2m61.5m47.1m2.6m19.4m6.2m
USDFY, 2018

Revenue/Employee

960.0k

Financial Leverage

1.2 x
Show all financial metrics

Cirrus Logic Operating Metrics

FY, 2018FY, 2019FY, 2020Q2, 2021

Patents and Patent Applications

3.1 k3.3 k3.4 k3.53 k

Patents (US)

1.05 k1.1 k1.16 k

Patent Applications (US)

480450475
Show all operating metrics

Cirrus Logic Acquisitions / Subsidiaries

Company NameDateDeal Size
CYPHERApril 01, 2017
OpalumAugust 05, 2015
Wolfson MicroelectronicsApril 29, 2014$467 m
Acoustic TechnologiesOctober 01, 2013
Apex MicrotechnologyJuly 24, 2007$42 m
Caretta Integrated CircuitsJanuary 03, 2007
Stream Machine CompanyDecember 07, 2001$110 m
LuxSonor SemiconductorsOctober 11, 2001$10 m
SharewaveJuly 19, 2001$92 m
Peak AudioApril 27, 2001
Show more

Cirrus Logic Revenue Breakdown

Embed Graph

Cirrus Logic revenue breakdown by business segment: 10.5% from Non-Portable and Other Products and 89.5% from Portable Products

Cirrus Logic revenue breakdown by geographic segment: 76.1% from China, 16.0% from Hong Kong and 7.9% from Other

Human Capital Metrics

Embed Graph
Show all human capital metrics

Cirrus Logic Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Cirrus Logic Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Cirrus Logic Online and Social Media Presence

Embed Graph

Cirrus Logic Company Culture

  • Overall Culture

    C+

    68/100

  • CEO Rating

    A+

    89/100

  • Compensation

    A-

    80/100

  • Diversity

    D+

    58/100

Learn more on Comparably

Cirrus Logic News and Updates

Stocks making the biggest moves after hours: Virgin Galactic, GameStop, Cirrus Logic and more

Check out the stocks making the biggest moves after the closing bell on Wall Street.

Cirrus Logic Inc (CRUS) VP & CFO Thurman K Case Sold $861,095 of Shares

Cirrus Logic Inc is a provider of integrated circuits for audio and voice signal processing applications. It products include analog and mixed-signal components targeting mobile devices, and applications in the automotive, energy, and industrial markets. Cirrus Logic Inc has a market cap of $4.68 bi…

Cirrus Logic to Present at Barclays Global Technology, Media and Telecommunications Conference

Cirrus Logic, Inc. (Nasdaq: CRUS) today announced that President John Forsyth will present at the Barclays Global Technology, Media and Telecommunications Conference at 10 a.m. EST on Thursday, Dec. 10. A live webcast of the presentation will be available on the company's investor relations website.

Cirrus Logic (NASDAQ:CRUS) Raised to Buy at BidaskClub

Cirrus Logic (NASDAQ:CRUS) was upgraded by equities research analysts at BidaskClub from a "hold" rating to a "buy" rating in a note issued to investors on Sunday, BidAskClub reports.

Carl Jackson Alberty Sells 2,430 Shares of Cirrus Logic, Inc. (NASDAQ:CRUS) Stock

Cirrus Logic, Inc. (NASDAQ:CRUS) VP Carl Jackson Alberty sold 2,430 shares of Cirrus Logic stock in a transaction that occurred on Friday, November 20th. The shares were sold at an average price of $77.45, for a total transaction of $188,203.50.
Show more

Cirrus Logic Frequently Asked Questions

  • When was Cirrus Logic founded?

    Cirrus Logic was founded in 1984.

  • Who are Cirrus Logic key executives?

    Cirrus Logic's key executives are John Forsyth, Carl Alberty and Scott Anderson.

  • How many employees does Cirrus Logic have?

    Cirrus Logic has 1,443 employees.

  • What is Cirrus Logic revenue?

    Latest Cirrus Logic annual revenue is $1.4 b.

  • What is Cirrus Logic revenue per employee?

    Latest Cirrus Logic revenue per employee is $948.9 k.

  • Who are Cirrus Logic competitors?

    Competitors of Cirrus Logic include Synaptics, DSP Group and Realtek Semiconductor.

  • Where is Cirrus Logic headquarters?

    Cirrus Logic headquarters is located at 800 W 6th St, Austin.

  • Where are Cirrus Logic offices?

    Cirrus Logic has offices in Austin, Cupertino, Mesa, Salt Lake City and in 12 other locations.

  • How many offices does Cirrus Logic have?

    Cirrus Logic has 18 offices.