Cirrus Logic Delivers Strong Q3 Results with Double-Digit Earnings Growth

DegenDreamer · 2026-02-17T22:03:09+00:00

Cirrus Logic Inc. reported strong Q3 results, with net income increasing to $140.310 million and earnings per share improving to $2.66. Revenue rose 4.5% to $580.624 million, reflecting steady demand and operational efficiency in the semiconductor market.

DegenDreamer

2026-02-17 22:03:09

Abstract generation in progress

Cirrus Logic Inc. (CRUS) has announced its third quarter financial results, demonstrating solid performance across key metrics. The semiconductor company’s net income surged to $140.310 million, representing a meaningful increase from the prior year’s $116.005 million. On a per-share basis, Cirrus Logic achieved earnings of $2.66 compared to $2.11 last year, reflecting the company’s improved profitability.

Earnings Performance Accelerates on Multiple Fronts

When adjusting for one-time items, Cirrus Logic reported non-GAAP earnings of $156.698 million, or $2.97 per share for the quarter. This adjusted metric provides additional insight into the company’s operational efficiency, as it strips away non-recurring expenses. The expansion in both reported and adjusted earnings underscores Cirrus Logic’s ability to drive margin improvements alongside revenue growth, a positive signal for investors monitoring the semiconductor sector’s performance.

Revenue Growth Reflects Market Momentum

Cirrus Logic’s top-line performance showed consistent momentum, with revenue reaching $580.624 million, up 4.5% from $555.738 million in the corresponding period last year. This revenue expansion, coupled with stronger profitability metrics, suggests steady demand for the company’s audio and voice processing solutions. The quarter demonstrates Cirrus Logic’s capacity to navigate market conditions while maintaining pricing discipline and operational leverage.

The company’s balanced performance across profitability and revenue metrics reinforces its position as a stable player in the semiconductor industry, with Q3 results positioning Cirrus Logic favorably for ongoing investor confidence.

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