Cirrus Logic Forecasts Revenue of $510M to $570M

The chipmaker's September-quarter revenue rose 22% sequentially, and it expects fiscal third-quarter revenue to fall within the guided range.

Updated on Nov. 6, 2026 in Semiconductors

Cirrus Logic Forecasts Revenue of $510M to $570M

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Cirrus Logic reported September-quarter revenue of $559.5 million, up 22% from the prior quarter, with GAAP earnings of $2.23 per share and non-GAAP earnings of $2.70 per share. The company also completed its acquisition of INVENTVM.

Why it matters

Growth was driven by higher smartphone volumes and content, partly offset by weaker PC sales, and some revenue expected in December was recorded in September instead. Management said the timing shift was unrelated to a change in demand.

Cirrus Logic reported GAAP earnings of $2.23 per share and non-GAAP earnings of $2.70 per share for the September quarter, with a forecast fiscal Q3 2027 gross margin of 51% to 53%. The company has initial orders for industrial imaging, though the extraction does not quantify those orders.

The players

Cirrus Logic

Cirrus Logic is a Texas-based semiconductor company known for audio and mixed-signal chips used in smartphones and other consumer electronics.

The details

Revenue that had been expected in December was recorded in September due to a timing shift, while higher attach rates for Cirrus Logic's third-generation controller contributed to growth. Wafer agreements and targeted price increases support the gross margin range, and the company expects additional content growth across its product areas.

September 2026 quarter: Revenue rose 22% to $559.5 million.
December 2026: Revenue originally expected in this month was recorded in September instead.
Fiscal Q3 2027: Revenue guidance of $510 million to $570 million and gross margin of 51% to 53%.

Tech Race

The higher attach rates for Cirrus Logic's third-generation controller show that this audio chip generation is still gaining share inside smartphones. The result suggests the company's position in premium phone audio components is being sustained through the current product cycle.

Higher attach rates for Cirrus Logic's controller point to more smartphones carrying its audio chips, which can affect the components inside devices consumers buy. Revenue timing shifts can also influence the pace at which new phone features reach the market.

The takeaway

Cirrus Logic's guidance and its revenue timing shift give investors and product watchers a clearer view of near-term demand in smartphone audio. Readers following semiconductor supply and pricing can track whether gross margins hold within the 51% to 53% range.