OverviewSuggest Edit

Cirrus Logic, a fabless semiconductor company, develops, manufactures, and markets analog and mixed-signal integrated circuits (ICs) for a range of consumer and industrial markets. The Company offers portable and non-portable audio, and other products. Its products include analog and mixed-signal audio converters, and digital signal processing products for mobile applications; codecs-chips that integrate analog-to-digital converters and digital-to-analog converters into a single IC; smart codecs, a codec with digital signal processer; boosted amplifiers; micro-electromechanical systems microphones; digital interface products.

TypePublic
Founded1984
HQAustin, US
Websitecirrus.com
Employee Ratings4.4

Locations

Cirrus Logic is headquartered in
Austin, United States

Location Map

Latest Updates

Employees (est.) (Mar 2019)1,551(-2%)
Job Openings60
Revenue (FY, 2020)$1.3 B(+9%)
Share Price (Oct 2020)$68.4
Cybersecurity ratingBMore

Key People/Management at Cirrus Logic

Jason Rhode

Jason Rhode

Chief Executive Officer
Alan R. Schuele

Alan R. Schuele

Director
Carl Alberty

Carl Alberty

Vice President, Mixed-Signal Products
John C. Carter

John C. Carter

Director
John Forsyth

John Forsyth

President
Scott Anderson

Scott Anderson

Senior Vice President, Supply Chain
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Cirrus Logic Office Locations

Cirrus Logic has offices in Austin, Cupertino, Mesa, Salt Lake City and in 13 other locations
Austin, US (HQ)
800 W 6th St
Cupertino, US
19419 Stevens Creek Blvd #200
Mesa, US
1620 S Stapley Dr #118
Salt Lake City, US
111 Main St #1550
Beijing, CN
Guomeng Mansion, No.12 Room 1E, Tower A JingAn DongLi Chaoyang District
Shanghai, CN
55 West Huaihai Road, NO. G-H, 27 Floor, Sun Tong Infoport Plaza, Xu Hui District
Show all (19)

Cirrus Logic Financials and Metrics

Cirrus Logic Revenue

Cirrus Logic's revenue was reported to be $1.28 b in FY, 2020
USD

Revenue (Q1, 2021)

242.6m

Gross profit (Q1, 2021)

127.5m

Gross profit margin (Q1, 2021), %

52.5%

Net income (Q1, 2021)

18.2m

EBIT (Q1, 2021)

18.7m

Market capitalization (16-Oct-2020)

4.0b

Closing stock price (16-Oct-2020)

68.4

Cash (27-Jun-2020)

285.9m

EV

3.7b
Cirrus Logic's current market capitalization is $4 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

714.3m916.6m1.2b1.5b1.5b1.2b1.3b

Revenue growth, %

28%28%32%0%

Cost of goods sold

358.2m614.4m781.1m771.5m588.0m607.0m

Gross profit

356.2m554.8m757.8m760.7m597.5m674.2m
Quarterly
USDQ3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

1.2b254.5m366.3m324.3m238.3m388.9m374.7m242.6m

Cost of goods sold

620.9m129.9m181.2m161.1m115.8m181.0m177.2m115.1m

Gross profit

608.1m124.6m185.1m163.2m122.5m207.9m197.5m127.5m

Gross profit Margin, %

49%49%51%50%51%53%53%53%
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

66.0m66.4m31.9m76.4m168.8m351.2m235.6m216.2m292.1m

Accounts Receivable

44.2m69.3m63.2m112.6m88.5m120.0m100.8m120.7m154.0m

Prepaid Expenses

12.0m19.4m30.8m23.6m

Inventories

55.9m119.3m69.7m84.2m142.0m167.9m205.8m164.7m146.7m
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

88.0m136.6m108.1m55.2m123.6m261.2m162.0m90.0m159.5m

Depreciation and Amortization

10.0m13.6m14.9m34.9m58.1m63.4m81.4m79.8m68.2m

Inventories

(15.4m)(67.6m)49.6m16.1m(58.0m)(25.9m)(37.9m)40.6m17.8m

Accounts Payable

10.5m22.4m(9.4m)36.5m(41.5m)1.8m143.0k(22.0m)27.6m
USDQ1, 2012

Financial Leverage

1.2 x
Show all financial metrics

Cirrus Logic Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Cirrus Logic Revenue Breakdown

Embed Graph

Cirrus Logic revenue breakdown by business segment: 89.0% from Portable Audio Products and 11.0% from Non-Portable Audio and Other Products

Cirrus Logic revenue breakdown by geographic segment: 8.6% from China, 89.7% from Taiwan and 1.7% from Other

Cirrus Logic Online and Social Media Presence

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Cirrus Logic News and Updates

Cirrus Logic stock surges after revenue tops Wall Street expectations

Cirrus Logic Inc. shares surged roughly 4% Wednesday in the after-hours session after the copmany topped consensus revenue estimates. The company reported fiscal second-quarter net income of $76.2 million, or $1.27 a share, compared with $58.1 million, or 93 cents a share, in the year-ago period. A…

Cirrus Logic stock surges toward best day since 2014 after earnings, outlook top estimates

Shares of Cirrus Logic Inc. are up more than 20% in Thursday trading and on pace for their best single-day performance since Dec. 15, 2014, after the company delivered a strong earnings report and gave an upbeat forecast the prior afternoon. "While it is difficult for management to predict Apple's …

Cirrus Logic Stock Flashes Familiar Bear Signal

Cirrus Logic stock just came into contact with a trendline that historically has been troublesome

iPhone Suppliers Tumble After Cirrus Logic Adds to Forecast Cuts

iPhone Suppliers Tumble After Cirrus Logic Adds to Forecast Cuts

Cirrus Logic target cut at Susquehanna as analyst says negative revision was worse than expected

Susquehanna analyst Christopher Rolland lowered his price target on shares of Cirrus Logic Inc. to $43 from $48 on Tuesday, after the Apple Inc. supplier delivered a negative pre-announcement the prior afternoon. Given that other suppliers have cut their outlooks in recent weeks and that Cirrus sh…

Cirrus Logic stock sinks after Apple dongle decision

Cirrus Logic Inc. shares are down 4% in Thursday afternoon after Barclays analyst Blayne Curtis commented on Apple Inc.'s decision to stop providing headphone dongles to those who buy new iPhones. Previously, when consumers bought an iPhone that lacked a headphone jack, they would receive a dongle…
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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 Jason Rhode, Alan R. Schuele and Carl Alberty.

  • How many employees does Cirrus Logic have?

    Cirrus Logic has 1,551 employees.

  • What is Cirrus Logic revenue?

    Latest Cirrus Logic annual revenue is $1.3 b.

  • What is Cirrus Logic revenue per employee?

    Latest Cirrus Logic revenue per employee is $826 k.

  • Who are Cirrus Logic competitors?

    Competitors of Cirrus Logic include Communications & Power Industries, Texas Instruments and Qualcomm.

  • 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 13 other locations.

  • How many offices does Cirrus Logic have?

    Cirrus Logic has 19 offices.