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.

Employee Rating

4.2More
TypePublic
HQAustin, US
Founded1984
Size (employees)1,596 (est)
Websitecirrus.com
Cirrus Logic was founded in 1984 and is headquartered in Austin, US
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Key People/Management at Cirrus Logic

Jason Rhode

Jason Rhode

President and Chief Executive Officer
Scott Anderson

Scott Anderson

Senior Vice President and General Manager, Mixed Signal Audio Division
Jeff Baumgartner

Jeff Baumgartner

Vice President of Silicon Development
Jo-Dee M. Benson

Jo-Dee M. Benson

Vice President and Chief Culture Officer
Andy Brannan

Andy Brannan

Vice President of Worldwide Sales
Randy Carlson

Randy Carlson

Vice President of Supply Chain
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Cirrus Logic Office Locations

Cirrus Logic has offices in Austin, Cupertino, Salt Lake City, Mesa and in 16 other locations
Austin, US (HQ)
800 W 6th St
Cupertino, US
200 19419 Stevens Creek Blvd
Mesa, US
118 1620 S Stapley Dr
Salt Lake City, US
1550 111 Main St
Cremorne, AU
Level 1, Building 10 658 Church St
Beijing, CN
Guomeng Mansion, No.12 Room 1E, Tower A JingAn DongLi Chaoyang District
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Cirrus Logic Financials and Metrics

Cirrus Logic Revenue

Cirrus Logic's revenue was reported to be $1.53 b in FY, 2018 which is a 0.4% decrease from the previous period.
USD

Revenue (Q2, 2019)

366.3m

Gross profit (Q2, 2019)

185.1m

Gross profit margin (Q2, 2019), %

50.5%

Net income (Q2, 2019)

58.2m

EBIT (Q2, 2019)

55.6m

Market capitalization (16-Jan-2019)

2.1b

Closing stock price (16-Jan-2019)

35.7

Cash (29-Sep-2018)

195.9m
Cirrus Logic's current market capitalization is $2.1 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

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

Revenue growth, %

28%28%32%0%

Cost of goods sold

358.2m614.4m781.1m771.5m

Gross profit

356.2m554.8m757.8m760.7m
Quarterly
USDQ3, 2018Q1, 2019Q2, 2019

Revenue

1.2b254.5m366.3m

Cost of goods sold

620.9m129.9m181.2m

Gross profit

608.1m124.6m185.1m

Gross profit Margin, %

49%49%51%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

31.9m76.4m168.8m351.2m235.6m

Accounts Receivable

63.2m112.6m88.5m120.0m100.8m

Inventories

69.7m84.2m142.0m167.9m205.8m

Current Assets

475.3m451.9m506.1m775.9m613.7m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

108.1m55.2m123.6m261.2m162.0m

Depreciation and Amortization

14.9m34.9m58.1m63.4m81.4m

Inventories

49.6m16.1m(58.0m)(25.9m)(37.9m)

Accounts Payable

(9.4m)36.5m(41.5m)1.8m143.0k
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

95.5m10.2m11.1m33.4m68.2m109.6m15.9m93.9m226.2m42.9m116.2m150.0m(4.3m)53.9m

Depreciation and Amortization

10.8m4.1m11.1m13.4m28.0m43.3m17.9m33.0m48.0m19.6m39.0m59.2m22.6m45.3m

Inventories

49.3m(22.3m)(22.8m)(42.0m)(59.7m)(53.5m)(12.0m)(19.2m)(12.1m)(34.5m)(42.9m)(25.1m)32.3m63.1m

Cash From Operating Activities

163.0m12.8m(1.7m)43.2m(29.0k)116.3m12.2m32.2m244.9m(3.8m)
USDY, 2018

Financial Leverage

1.2 x
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Cirrus Logic Revenue Breakdown

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

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

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Cirrus Logic Online and Social Media Presence

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Cirrus Logic News and Updates

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 Company Life and Culture

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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, Scott Anderson and Jeff Baumgartner.

  • How many employees does Cirrus Logic have?

    Cirrus Logic has 1,596 employees.

  • What is Cirrus Logic revenue?

    Latest Cirrus Logic annual revenue is $1.5 b.

  • What is Cirrus Logic revenue per employee?

    Latest Cirrus Logic revenue per employee is $960 k.

  • Who are Cirrus Logic competitors?

    Competitors of Cirrus Logic include Oclaro, Maxim Integrated and Texas Instruments.

  • 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, Salt Lake City, Mesa and in 16 other locations.

  • How many offices does Cirrus Logic have?

    Cirrus Logic has 21 offices.