Cirrus Logic

Cirrus Logic, Inc. is a premier supplier of high-precision analog and digital signal processing components for audio and energy markets. Founded in 1984, Cirrus Logic excels at developing complex chip designs where feature integration and innovation is a premium. Cirrus Logic has more than 2,100 patents that are key to our more than 700 products serving more than 2,500 end customers globally, through both direct and distributor-based channel sales. The companys headquarters are in Austin, Texas, with international locations in Europe, China and Japan.
Company Growth (employees)
Type
Public
HQ
Austin, US
Founded
1984
Size (employees)
1,291 (est)+17%
Website
cirrus.com
Cirrus Logic was founded in 1984 and is headquartered in Austin, US

Cirrus Logic Office Locations

Cirrus Logic has offices in Austin, Shenzhen, Hong Kong, Cremorne and in 4 other locations
Austin, US (HQ)
800 W 6th St
Edinburgh, GB
The Westfield 20 22 Westfield Rd
Cremorne, AU
10 658 Church St

Cirrus Logic Data and Metrics

Cirrus Logic Financial Metrics

Cirrus Logic's revenue was reported to be $1.2 b in FY, 2016 which is a 28% increase from the previous period.
USD

Revenue (FY, 2016)

1.2 b

Revenue growth (FY, 2015 - FY, 2016), %

28%

Gross profit (FY, 2016)

554.8 m

Gross profit margin (FY, 2016), %

47%

Net income (FY, 2016)

123.6 m

EBIT (FY, 2016)

180.2 m

Market capitalization (27-Jun-2017)

4.1 b

Closing share price (27-Jun-2017)

65.1

Cash (26-Mar-2016)

168.8 m
Cirrus Logic's current market capitalization is $4.1 b.
USDFY, 2014FY, 2015FY, 2016

Revenue

714.3 m916.6 m1.2 b

Revenue growth, %

28%28%

Cost of goods sold

358.2 m614.4 m

Gross profit

356.2 m425.7 m554.8 m

Gross profit Margin, %

50%46%47%

Operating expense total

201.1 m317 m374.6 m

EBIT

155 m108.8 m180.2 m

EBIT margin, %

22%12%15%

Interest expense

3.3 m

Interest income

877 k

Pre tax profit

155.7 m176 m

Income tax expense

47.6 m52.4 m

Net Income

108.1 m55.2 m123.6 m
USDFY, 2014FY, 2015FY, 2016

Cash

31.9 m76.4 m168.8 m

Accounts Receivable

63.2 m112.6 m88.5 m

Inventories

69.7 m84.2 m142 m

Current Assets

475.3 m451.9 m506.1 m

PP&E

103.7 m144.3 m162.7 m

Goodwill

263.1 m287.5 m

Total Assets

724.7 m1.1 b1.2 b

Accounts Payable

51.9 m112.2 m71.6 m

Current Liabilities

82.5 m176.6 m128.1 m

Non-Current Liabilities

215.4 m194.3 m

Total Liabilities

392 m322.4 m

Additional Paid-in Capital

1.1 b1.2 b1.2 b

Retained Earnings

(440.6 m)(400.6 m)(344.3 m)

Total Equity

637.4 m756.8 m859.5 m

Financial Leverage

1.1 x1.5 x1.4 x
USDFY, 2014FY, 2015FY, 2016

Net Income

108.1 m55.2 m123.6 m

Depreciation and Amortization

14.9 m34.9 m58.1 m

Accounts Receivable

6.8 m(37 m)24.2 m

Inventories

49.6 m16.1 m(58 m)

Accounts Payable

(9.4 m)36.5 m(41.5 m)

Cash From Operating Activities

228 m163.5 m155.3 m

Cash From Investing Activities

(220.3 m)(324.4 m)14 m

Cash From Financing Activities

(42.2 m)205.5 m(76.9 m)

Interest Paid

2.4 m

Income Taxes Paid

2.1 m5 m23.8 m
USDY, 2016

Revenue/Employee

1.1 m

Financial Leverage

1.4 x

Cirrus Logic Market Value History

Cirrus Logic Median Salaries

Source: 189 public H-1B filings from Cirrus Logic

Cirrus Logic Online and Social Media Presence

Cirrus Logic News and Updates

Cirrus Logic Company Life and Culture

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