Cirrus Logic Beats Earnings Estimates

The Austin, Texas chipmaker reported fiscal second-quarter results that topped analyst expectations on both profit and revenue.

Updated on Nov. 4, 2026 in Corporate Finance

Cirrus Logic reported fiscal second-quarter net income of $114.7 million, or $2.23 per share, and revenue of $559.5 million. Adjusted earnings, excluding one-time gains and costs, came to $2.70 per share.

Why it matters

The results exceeded the average analyst estimate of $2.44 per share and a revenue forecast of $540.6 million from four analysts surveyed by Zacks. The beat offers a read on demand for the company's audio and mixed-signal chips.

Cirrus Logic posted $559.5 million in revenue against a $540.6 million analyst estimate, and adjusted EPS of $2.70 versus a $2.44 average expectation. The extraction does not detail the specific sources of the one-time gains and costs excluded from the adjusted figure.

The players

Cirrus Logic

An Austin, Texas-based semiconductor company that designs audio and mixed-signal integrated circuits for consumer and mobile devices.

The details

Cirrus Logic reported GAAP net income of $2.23 per share for its fiscal second quarter, with adjusted earnings excluding one-time items at $2.70 per share. The company also issued revenue guidance of $510 million to $570 million for the quarter ending in December.

Nov. 4, 2026: Cirrus Logic reports fiscal second-quarter earnings.
December 2026: The current quarter ends, the period covered by the revenue guidance.

Market Dynamics

Earnings are judged against consensus estimates compiled by Zacks, which set the bar this quarter at $2.44 per share and $540.6 million in revenue. Cirrus Logic's results clear both thresholds, a pattern that matters for how investors weigh the company's near-term guidance of $510 million to $570 million.

Shareholders of Cirrus Logic received a clear read on quarterly profitability that exceeded analyst expectations. Investors weighing the stock can use the guided revenue range as a benchmark for the upcoming quarter's results.

The takeaway

When a company's adjusted earnings and reported earnings diverge, compare both figures against analyst estimates before drawing conclusions. The gap between $2.23 GAAP and $2.70 adjusted EPS shows how one-time items can change the picture.

What happens next

Cirrus Logic's guidance covers the quarter ending in December 2026, when investors will look for whether revenue lands within the $510 million to $570 million range.