Company Quick10K Filing
Cirrus Logic
10-K 2020-03-28 Filed 2020-05-20
10-Q 2019-12-28 Filed 2020-01-29
10-Q 2019-09-28 Filed 2019-10-30
10-Q 2019-06-29 Filed 2019-07-31
10-K 2019-03-30 Filed 2019-05-24
10-Q 2018-12-29 Filed 2019-01-30
10-Q 2018-09-29 Filed 2018-11-01
10-Q 2018-06-30 Filed 2018-08-01
10-K 2018-03-31 Filed 2018-05-30
10-Q 2017-12-30 Filed 2018-02-05
10-Q 2017-09-23 Filed 2017-11-02
10-Q 2017-06-24 Filed 2017-08-02
10-K 2017-03-25 Filed 2017-05-24
10-Q 2016-12-24 Filed 2017-02-01
10-Q 2016-09-24 Filed 2016-10-27
10-Q 2016-06-25 Filed 2016-07-27
10-K 2016-03-26 Filed 2016-05-25
10-Q 2015-12-26 Filed 2016-01-27
10-Q 2015-09-26 Filed 2015-10-28
10-Q 2015-06-27 Filed 2015-07-22
10-K 2015-03-28 Filed 2015-05-27
10-Q 2014-12-27 Filed 2015-01-28
10-Q 2014-09-27 Filed 2014-10-30
10-Q 2014-06-28 Filed 2014-07-23
10-K 2014-03-29 Filed 2014-05-28
10-Q 2013-12-28 Filed 2014-01-28
10-Q 2013-09-28 Filed 2013-10-29
10-Q 2013-06-29 Filed 2013-07-25
10-K 2013-03-30 Filed 2013-05-29
10-Q 2012-12-29 Filed 2013-01-24
10-Q 2012-09-29 Filed 2012-10-31
10-Q 2012-06-30 Filed 2012-07-30
10-K 2012-03-31 Filed 2012-05-30
10-Q 2011-12-31 Filed 2012-01-26
10-Q 2011-09-24 Filed 2011-10-24
10-Q 2011-06-25 Filed 2011-07-25
10-K 2011-03-26 Filed 2011-05-25
10-Q 2010-12-25 Filed 2011-01-27
10-Q 2010-09-25 Filed 2010-10-21
10-Q 2010-06-26 Filed 2010-07-20
10-K 2010-03-27 Filed 2010-06-01
10-Q 2009-12-26 Filed 2010-01-28
8-K 2020-05-04 Earnings, Regulation FD, Exhibits
8-K 2020-04-21 Officers, Exhibits
8-K 2020-01-27 Earnings, Exit Costs, Officers, Amend Bylaw, Regulation FD, Exhibits
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

Quarterly | Annual

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, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
SolarEdge Technologies (SEDG) 4,511 33% 30.8 7% 1,338 600 1,007 336 94 138 4,263
Viavi Solutions (VIAV) 3,366 58% 19.9 2% 1,808 1,100 1,162 675 28 142 2,833
Semtech (SMTC) 3,315 62% 33.6 5% 1,039 570 351 50 96 3,230
Cirrus Logic (CRUS) 3,246 52% 15.8 7% 1,584 405 1,192 618 117 191 3,024
Enphase Energy (ENPH) 2,974 34% 43.8 9% 524 371 507 172 45 66 2,875
Lattice Semiconductor (LSCC) 2,763 58% 47.7 4% 593 284 400 233 22 59 2,823
Acacia Communications (ACIA) 2,755 48% 92.3 4% 705 151 443 213 29 29 2,691
Power Integrations (POWI) 2,749 51% 34.2 9% 636 71 400 203 58 78 2,669
Finisar (FNSR) 2,740 28% 34.8 -2% 2,395 781 1,248 353 -43 53 1,857
Inphi (IPHI) 2,737 57% 159.8 -9% 912 564 349 201 -81 19 3,103
Amkor Technology (AMKR) 2,191 15% 5.1 1% 4,406 2,518 3,955 609 52 570 2,892
SunPower (SPWR) 2,172 3% 13.5 1% 1,890 2,050 1,717 59 26 149 2,010
Ambarella (AMBA) 2,132 58% -88.3 -6% 514 69 172 99 -32 -21 1,880
Diodes (DIOD) 2,067 37% 10.6 8% 1,610 533 1,262 471 136 174 1,847
OSI Systems (OSIS) 1,996 36% 16.2 4% 1,290 749 1,207 434 57 134 2,172
O2Micro (OIIM) 1,970 0% 89 10 0 0 0 0 1,937
MaxLinear (MXL) 1,594 53% 39.1 -2% 707 293 335 177 -11 45 1,743
Jinkosolar Holding (JKS) 1,561 0% 35,853 27,399 0 0 0 0 220
Kulicke & Soffa (KLIC) 1,558 47% 17.3 1% 1,080 311 540 255 12 69 1,194
Rambus (RMBS) 1,503 62% -36.3 -6% 1,300 339 233 143 -83 -43 1,558

Balance Sheet ($MM)2011-06-252011-09-242011-12-312012-03-312012-06-302012-09-292012-12-292013-03-302013-06-292013-09-282013-12-282014-03-292014-06-282014-09-272014-12-272015-03-282015-06-272015-09-262015-12-262016-03-262016-06-252016-09-242016-12-242017-03-252017-06-242017-09-232017-12-302018-03-312018-06-302018-09-292018-12-292019-03-302019-06-292019-09-28
Cash41393866846887666769753226948677610356160169144113310351164180227236186196219216198222
Accounts Receivable4245554449131171696498110637712614811312116912889141270247120162232218101127207142121111218
Inventory4750585697145135119111917070921217484126144138142154161154168202211193206173142168165146145
PP&E425057123858710115199102103161103133137217152159159252161164168290171178187331196193191343182178
Assets4574614955445856756926516606997227257701,0651,0651,1491,1941,2121,2361,1821,2251,3461,4731,4131,3671,4561,4931,4301,3671,4041,3971,3531,4701,584
Accounts Payable31354538761039561475760527682771121461111147210513015574861311167054881084860109
Long-Term Debt
Liabilities6372867910715013910384969787113391352392394383376322353376369262206256282268240261267212353405
Stockholders' Equity3943894094664785255545485756036256376576737137578008298608598729691,1041,1521,1611,2001,2111,1621,1271,1431,1301,1401,1171,179
Income Statement ($MM)2011-06-252011-09-242011-12-312012-03-312012-06-302012-09-292012-12-292013-03-302013-06-292013-09-282013-12-282014-03-292014-06-282014-09-272014-12-272015-03-282015-06-272015-09-262015-12-262016-03-262016-06-252016-09-242016-12-242017-03-252017-06-242017-09-232017-12-302018-03-312018-06-302018-09-292018-12-292019-03-302019-06-292019-09-28
Revenue9210212211199194310207155191219150153210299255283307348232259429523328321426483303254366324240238389
Cost of Revenue45475648469415212376911157677110168136150165183117133217268164159214248151130181161116116181
Gross Profit48546662531001588479991047375101131119132142165115127212255164162211235153125185163125122208
R&D19202324253130302930323640525558666770667476767884909796989689928988
SG&A15171617182219201919191820232830293031273132333231303536333330303033
Tax5710-3041538811171186320916821762524105177110-0-123112
Net Income911175173568262133421310123213335411416781223543733412-458306576
Cash Flow ($MM)2011-06-252011-09-242011-12-312012-03-312012-06-302012-09-292012-12-292013-03-302013-06-292013-09-282013-12-282014-03-292014-06-282014-09-272014-12-272015-03-282015-06-272015-09-262015-12-262016-03-262016-06-252016-09-242016-12-242017-03-252017-06-242017-09-232017-12-302018-03-312018-06-302018-09-292018-12-292019-03-302019-06-292019-09-28
Cash Operating11261531-1-487913037547213-146110443-43116391220213125-485132574105761
Cash Investing50-9-17-61825-14-114-37-41-41-102223-434-24-901125-4-24-3634-43-78-19-52-35-13-9-3-35-10
Cash Financing-56-201316-46-371-12-251228-19-4-18-15-18-26-13-14-50-41-106-49-33-41-56-10-40-27