Cirrus Logic, Inc. (CRUS)

Cirrus Logic Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 29, 2025	Mar 30, 2024	Mar 25, 2023	Mar 26, 2022	Mar 27, 2021
Revenue	1,896	1,789	1,898	1,781	1,369
Revenue Growth (YoY)	5.99%	-5.73%	6.52%	30.11%	6.88%
Cost of Revenue	900.04	872.82	940.64	857.82	661.93
Gross Profit	996.04	916.07	956.98	923.64	707.3
Selling, General & Admin	151	144.17	153.14	151	127.01
Research & Development	434.68	426.48	458.41	406.31	342.76
Operating Expenses	585.68	570.65	611.56	557.3	469.77
Operating Income	410.36	345.43	345.42	366.34	237.53
Interest Expense	-	-0.92	-0.9	-0.95	-1.06
Interest & Investment Income	33.09	21.49	9.99	1.56	6.28
Currency Exchange Gain (Loss)	-	-0.43	-0.56	-0.28	3.21
Other Non Operating Income (Expenses)	1.47	0.32	-2.82	1.99	-0.37
EBT Excluding Unusual Items	444.91	365.9	351.13	368.66	245.6
Merger & Restructuring Charges	-	-1.96	-10.63	-	-
Asset Writedown	-	-	-85.76	-	-0.35
Pretax Income	444.91	363.94	254.74	368.66	245.25
Income Tax Expense	113.41	89.36	78.04	42.31	27.9
Net Income	331.51	274.57	176.7	326.36	217.34
Net Income to Common	331.51	274.57	176.7	326.36	217.34
Net Income Growth	20.74%	55.39%	-45.86%	50.16%	36.27%
Shares Outstanding (Basic)	53	54	56	57	58
Shares Outstanding (Diluted)	55	56	57	59	60
Shares Change (YoY)	-1.39%	-2.11%	-3.24%	-1.53%	-0.66%
EPS (Basic)	6.24	5.06	3.18	5.70	3.74
EPS (Diluted)	6.00	4.90	3.09	5.52	3.62
EPS Growth	22.45%	58.58%	-44.02%	52.49%	37.12%
Free Cash Flow	-	384.02	304.48	98.61	330.69
Free Cash Flow Per Share	-	6.86	5.32	1.67	5.51
Gross Margin	52.53%	51.21%	50.43%	51.85%	51.66%
Operating Margin	21.64%	19.31%	18.20%	20.56%	17.35%
Profit Margin	17.48%	15.35%	9.31%	18.32%	15.87%
Free Cash Flow Margin	-	21.47%	16.05%	5.54%	24.15%
EBITDA	460.76	393.72	416.63	428.4	284.62
EBITDA Margin	24.30%	22.01%	21.95%	24.05%	20.79%
D&A For EBITDA	50.4	48.29	71.2	62.06	47.08
EBIT	410.36	345.43	345.42	366.34	237.53
EBIT Margin	21.64%	19.31%	18.20%	20.56%	17.35%
Effective Tax Rate	25.49%	24.55%	30.63%	11.48%	11.38%
Revenue as Reported	1,896	-	-	-	-
Advertising Expenses	-	0.3	0.5	0.9	0.9

Updated Feb 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q