Company Quick10K Filing
Cirrus Logic
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 60 $2,486
10-Q 2019-10-30 Quarter: 2019-09-28
10-Q 2019-07-31 Quarter: 2019-06-29
10-K 2019-05-24 Annual: 2019-03-30
10-Q 2019-01-30 Quarter: 2018-12-29
10-Q 2018-11-01 Quarter: 2018-09-29
10-Q 2018-08-01 Quarter: 2018-06-30
10-K 2018-05-30 Annual: 2018-03-31
10-Q 2018-02-05 Quarter: 2017-12-30
10-Q 2017-11-02 Quarter: 2017-09-23
10-Q 2017-08-02 Quarter: 2017-06-24
10-K 2017-05-24 Annual: 2017-03-25
10-Q 2017-02-01 Quarter: 2016-12-24
10-Q 2016-10-27 Quarter: 2016-09-24
10-Q 2016-07-27 Quarter: 2016-06-25
10-K 2016-05-25 Annual: 2016-03-26
10-Q 2016-01-27 Quarter: 2015-12-26
10-Q 2015-10-28 Quarter: 2015-09-26
10-Q 2015-07-22 Quarter: 2015-06-27
10-K 2015-05-27 Annual: 2015-03-28
10-Q 2015-01-28 Quarter: 2014-12-27
10-Q 2014-10-30 Quarter: 2014-09-27
10-Q 2014-07-23 Quarter: 2014-06-28
10-K 2014-05-28 Annual: 2014-03-29
10-Q 2014-01-28 Quarter: 2013-12-28
10-Q 2013-10-29 Quarter: 2013-09-28
10-Q 2013-07-25 Quarter: 2013-06-29
10-K 2013-05-29 Annual: 2013-03-30
10-Q 2013-01-24 Quarter: 2012-12-29
10-Q 2012-10-31 Quarter: 2012-09-29
10-Q 2012-07-30 Quarter: 2012-06-30
10-K 2012-05-30 Annual: 2012-03-31
10-Q 2012-01-26 Quarter: 2011-12-31
10-Q 2011-10-24 Quarter: 2011-09-24
10-Q 2011-07-25 Quarter: 2011-06-25
10-K 2011-05-25 Annual: 2011-03-26
10-Q 2011-01-27 Quarter: 2010-12-25
10-Q 2010-10-21 Quarter: 2010-09-25
10-Q 2010-07-20 Quarter: 2010-06-26
10-K 2010-06-01 Annual: 2010-03-27
10-Q 2010-01-28 Quarter: 2009-12-26
8-K 2019-10-30 Earnings, Regulation FD, Exhibits
8-K 2019-08-02 Shareholder Vote
8-K 2019-07-31 Earnings, Regulation FD, Exhibits
8-K 2019-05-20 Regulation FD, Exhibits
8-K 2019-05-01 Earnings, Regulation FD, Exhibits
8-K 2019-03-12 Officers
8-K 2019-01-30 Earnings, Regulation FD, Other Events, Exhibits
8-K 2018-12-12 Officers, Exhibits
8-K 2018-12-03 Regulation FD, Exhibits
8-K 2018-11-01 Earnings, Regulation FD, Exhibits
8-K 2018-08-17 Officers
8-K 2018-08-03 Shareholder Vote
8-K 2018-08-01 Earnings, Regulation FD, Exhibits
8-K 2018-05-02 Earnings, Regulation FD, Exhibits
8-K 2018-02-05 Earnings, Regulation FD, Other Events, Exhibits

Cirrus Logic Financials

CRUS Metrics, Comps, Filings

Annual | Quarterly

Business

Cirrus Logic, Inc. ("Cirrus Logic," "We," "Us," "Our," or the "Company") is a leader in high-performance, low-power integrated circuits ("ICs") for audio, voice and other signal-processing applications. Cirrus Logic's products span the entire audio signal chain, from capture to playback, providing innovative components for the world's top smartphones, tablets, digital headsets, wearables and emerging smart home applications.

We were incorporated in California in 1984, became a public company in 1989 and were reincorporated in the State of Delaware in February 1999. Our primary facility housing engineering, sales and marketing, and administrative functions is located in Austin, Texas. We also have offices in various other locations in the United States, United Kingdom, Spain, Australia, the People's Republic of China, South Korea, Japan, Singapore, and Taiwan. Our common stock, which has been publicly traded since 1989, is listed on the NASDAQ's Global Select Market under the symbol CRUS.

Cirrus Logic targets growing markets where we can leverage our expertise in analog and mixed-signal processing to solve complex problems. Our approach has been to develop custom and general market components that embody our latest innovations, which we use to engage key players in a particular market or application. We focus on building strong engineering relationships with our customers' product teams and work to develop highly differentiated components that address their technical and price requirements across product tiers. Many of our products include programmable aspects and are comprised of our best-in-class hardware which incorporates software algorithms from some combination of our own intellectual property ("IP"), algorithms that have been ported to our platform by an ecosystem of third-party partners, and our customers' IP. When we have been successful with this approach, one initial design win has often expanded into additional products. This strategy gives us the opportunity to increase our content with a customer over time through the incorporation of new features, the integration of other system components into our products and the addition of new components.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Semtech (SMTC) 3,315 62% 29.6 4% 1,056 602 372 44 109 3,231
Cabot Microelectronics (CCMP) 3,300 45% 14.4 5% 2,299 1,274 916 414 108 283 4,075
Viavi Solutions (VIAV) 3,067 58% 18.0 0% 1,815 1,089 1,130 651 5 141 2,536
SolarEdge Technologies (SEDG) 3,049 32% 19.8 9% 1,222 542 1,097 354 111 145 2,873
Finisar (FNSR) 2,740 28% 23.9 -2% 2,395 781 1,248 353 -43 78 1,857
Cirrus Logic (CRUS) 2,486 51% 12.6 7% 1,470 353 1,169 595 99 181 2,288
Enphase Energy (ENPH) 2,458 33% 66.8 2% 482 364 405 132 11 35 2,355
Inphi (IPHI) 2,269 57% 64.6 -10% 890 547 333 190 -88 41 2,627
Power Integrations (POWI) 2,158 51% 23.9 9% 620 77 395 202 58 86 2,058
Ambarella (AMBA) 2,137 59% -68.3 -8% 490 62 212 126 -41 -28 1,914
OSI Systems (OSIS) 2,116 36% 14.7 5% 1,265 713 1,182 431 65 155 2,279
Lattice Semiconductor (LSCC) 2,046 43% 30.4 3% 617 321 398 172 16 70 2,115
O2Micro (OIIM) 1,970 0% 89 10 0 0 0 0 1,937
Acacia Communications (ACIA) 1,895 46% 69.2 3% 669 139 429 199 22 27 1,849
Diodes (DIOD) 1,770 37% 8.7 8% 1,614 563 1,260 464 129 176 1,533
Amkor Technology (AMKR) 1,768 16% 3.3 1% 4,309 2,478 4,016 627 55 756 2,527
SunPower (SPWR) 1,695 1% 166.3 -6% 1,939 2,036 1,670 21 -123 10 1,598
MaxLinear (MXL) 1,663 53% 27.8 -3% 729 318 340 179 -21 66 1,838
Jinkosolar Holding (JKS) 1,561 0% 35,853 27,399 0 0 0 0 220
Kulicke & Soffa (KLIC) 1,484 47% 12.0 3% 1,113 325 585 275 35 91 1,088

Balance Sheet ($MM)2012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-31
Cash66663276169351236216
Accounts Receivable44696311389120101121
Inventory561197084142168206165
PP&E67101161217163168191186
Assets5446517251,1491,1821,4131,4301,353
Accounts Payable38615211272747048
Long-Term Debt
Liabilities7910387392322262268212
Stockholders' Equity4665486377578591,1521,1621,140
Income Statement ($MM)2012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-31
Revenue4278107149171,1691,5391,5321,186
Cost of Revenue196415358491614781771588
Gross Profit230395356426555758761597
R&D86114126198269304366375
SG&A657775100117127132127
Tax-865252481034
Net Income881371085512426116290
Cash Flow ($MM)2012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-31
Cash Operating83161228164155370319207
Cash Investing18-85-220-32414-70-185-55
Cash Financing-73-76-42205-77-118-250-171