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, , 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 Metrics

Cirrus Logic Financial Metrics

Revenue (2016)

$1.2 b

Revenue growth (2015-16), %

28%

Gross profit

$554.8 m

Gross profit margin (2016), %

47%

Net income (2016)

$123.6 m

Market capitalization (21-Mar-2017)

$3.8 b

Closing share price (21-Mar-2017)

$59.3

Cash (26-Mar-2016)

$168.8 m
Cirrus Logic's current market capitalization is $3.8 b.
Cirrus Logic's revenue was reported to be $1.2 b in FY, 2016 which is a 27.6% increase from the previous period.
FY, 2014FY, 2015FY, 2016

Revenue

$714.3 m$916.6 m$1.2 b

Revenue growth, %

28%28%

Cost of goods sold

$358.2 m$614.4 m

Gross profit

$356.2 m$425.7 m$554.8 m

Gross profit Margin, %

50%46%47%

Operating expense total

$201.1 m$317 m$374.6 m

EBIT

$155 m$108.8 m$180.2 m

EBIT margin, %

22%12%15%

Interest expense

$3.3 m

Interest income

$877 k

Pre tax profit

$155.7 m$176 m

Income tax expense

$47.6 m$52.4 m

Net Income

$108.1 m$55.2 m$123.6 m
FY, 2014FY, 2015FY, 2016

Cash

$31.9 m$76.4 m$168.8 m

Accounts Receivable

$63.2 m$112.6 m$88.5 m

Inventories

$69.7 m$84.2 m$142 m

Current Assets

$475.3 m$451.9 m$506.1 m

PP&E

$103.7 m$144.3 m$162.7 m

Goodwill

$263.1 m$287.5 m

Total Assets

$724.7 m$1.1 b$1.2 b

Accounts Payable

$51.9 m$112.2 m$71.6 m

Current Liabilities

$82.5 m$176.6 m$128.1 m

Non-Current Liabilities

$215.4 m$194.3 m

Total Liabilities

$392 m$322.4 m

Additional Paid-in Capital

$1.1 b$1.2 b$1.2 b

Retained Earnings

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

Total Equity

$637.4 m$756.8 m$859.5 m

Financial Leverage

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

Net Income

$108.1 m$55.2 m$123.6 m

Depreciation and Amortization

$14.9 m$34.9 m$58.1 m

Accounts Receivable

$6.8 m($37 m)$24.2 m

Inventories

$49.6 m$16.1 m($58 m)

Accounts Payable

($9.4 m)$36.5 m($41.5 m)

Cash From Operating Activities

$228 m$163.5 m$155.3 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 m$5 m$23.8 m

Cirrus Logic Market Value History

Cirrus Logic Median Salaries

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

Cirrus Logic Online Presence

Cirrus Logic News

Cirrus Logic Company Life

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