← CIRRUS LOGIC, INC.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.5b | $1.5b | $1.2b | $1.3b | $1.4b | $1.8b | $1.9b | $1.8b | $1.9b | $2.0b | |
| Cost of Revenue | $781.1m | $771.5m | $588.0m | $607.0m | $661.9m | $857.8m | $940.6m | $872.8m | $900.0m | $943.2m | |
| Gross Profit | $757.8m | $760.7m | $597.5m | $674.2m | $707.3m | $923.6m | $957.0m | $916.1m | $996.0m | $1.1b | |
| Operating Expenses | $440.8m | $498.3m | $496.7m | $500.7m | $470.1m | $557.3m | $707.9m | $572.6m | $585.7m | $593.8m | |
| Operating Income (Loss) | $317.1m | $262.5m | $100.8m | $173.5m | $237.2m | $366.3m | $249.0m | $343.5m | $410.4m | $460.4m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $37.4m | $53.7m | $47.8m | $28.3m | $14.5m | $29.0m | $33.7m | $9.0m | $7.6m | $7.6m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $137.7m | $91.2m | $42.0m | $44.2m | $19.2m | ($17.7m) | ($141.7m) | ($10.3m) | $538k | $1.6m | |
| Operating Lease, Lease Income | — | — | — | $1.3m | $1.4m | $1.5m | $464k | $164k | $944k | $2.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | $368.7m | $254.7m | $363.9m | $444.9m | $496.7m | |
| Investment Income, Net | $1.7m | $4.8m | $8.0m | $10.5m | $6.3m | $1.6m | $10.0m | $21.5m | $34.0m | $37.7m | |
| Net Income (Loss) Attributable to Parent | $261.2m | $162.0m | $90.0m | $159.5m | $217.3m | $326.4m | $176.7m | $274.6m | $331.5m | $414.4m | |
| Earnings Per Share, Basic | $4.12 | $2.55 | $1.50 | $2.74 | $3.74 | $5.70 | $3.18 | $5.06 | $6.24 | $8.10 | |
| Earnings Per Share, Diluted | $3.92 | $2.46 | $1.46 | $2.64 | $3.62 | $5.52 | $3.09 | $4.90 | $6.00 | $7.85 | |
| Weighted Average Number of Shares Outstanding, Basic | 63.3m | 63.4m | 60.1m | 58.3m | 58.1m | 57.3m | 55.6m | 54.3m | 53.1m | 51.1m | |
| Weighted Average Number of Shares Outstanding, Diluted | 66.6m | 66.0m | 61.6m | 60.5m | 60.1m | 59.1m | 57.2m | 56.0m | 55.2m | 52.8m | |
| Research and Development Expense | $303.7m | $366.4m | $375.1m | $347.6m | $342.8m | $406.3m | $458.4m | $426.5m | $434.7m | $434.0m | |
| Selling, General and Administrative Expense | $127.3m | $131.8m | $126.5m | $131.1m | $127.0m | $151.0m | $153.1m | $144.2m | $151.0m | $159.8m | |
| Other Nonoperating Income (Expense) | ($79k) | ($971k) | ($217k) | ($1.6m) | $2.8m | $1.7m | ($3.4m) | ($108k) | $1.5m | ($487k) | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $898k | $898k | |
| Current Income Tax Expense (Benefit) | $36.2m | $87.9m | $5.3m | $26.9m | $33.4m | $57.4m | $112.6m | $102.8m | $113.5m | $83.5m | |
| Interest Expense | $3.6m | $1.2m | $1.1m | $1.1m | $1.1m | $948k | $898k | — | — | — | |
| Interest Expense, Debt | — | — | — | — | — | — | — | $915k | — | — | |
| Operating Lease, Expense | — | — | — | — | $19.2m | $19.9m | $24.4m | $23.6m | $26.2m | $26.1m | |
| Income Tax Expense (Benefit) | $53.8m | $103.1m | $3.8m | $21.8m | $27.9m | $42.3m | $78.0m | $89.4m | $113.4m | $82.3m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | ($1.1m) | $0 | ($13.8m) | $0 | $0 | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.