Cirrus Logic Inc. Reports Increased Gross Margin to 53% and Net Income Rise to 18% of Sales for Fiscal Year 2025

Reuters
2025/05/24
Cirrus Logic Inc. Reports Increased Gross Margin to 53% and Net Income Rise to 18% of Sales for Fiscal Year 2025

Cirrus Logic Inc. reported its financial results for the fiscal year ending March 29, 2025, showing an increase in net sales with a gross margin of 53%, up from 51% in the previous year. The company recorded net income at 18% of net sales, an improvement from the 15% noted in fiscal year 2024. The financial statements reveal that the company's research and development expenses accounted for 23% of net sales, slightly down from 24% in the previous two fiscal years. The company made significant progress in its strategic initiatives, particularly in its flagship smartphone audio business, where it began shipping its latest-generation boosted amplifier and its first 22-nanometer product. Cirrus Logic tracks its operating results in one reportable segment but reports revenue performance by product line, specifically Audio and HPMS products. No specific guidance or outlook for future periods was provided in the report.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cirrus Logic Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000772406-25-000014), on May 23, 2025, and is solely responsible for the information contained therein.

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