Abstract
Cirrus Logic will report quarterly results on February 03, 2026 Post Market; consensus points to year-over-year growth in revenue and earnings per share, with investors watching product mix, seasonal dynamics in handset audio, and execution on high-performance mixed-signal programs.
Market Forecast
For the upcoming quarter, current forecasts indicate revenue of $0.53 billion, up 4.62% year over year, with adjusted EPS estimated at $2.44, up 14.70% year over year; EBIT is projected at $0.14 billion, up 4.68% year over year. Forecast details for gross margin and net margin are not disclosed in the available estimates.
Management’s last update and prevailing street models center on stable-to-modestly improving revenue, supported by seasonal audio demand and ramp activity in mixed-signal. The high-performance mixed-signal line is viewed as the most promising area, with last-quarter revenue of $242.75 million, though segment year-over-year growth was not disclosed.
Last Quarter Review
In the last reported quarter, Cirrus Logic delivered revenue of $0.56 billion, a gross profit margin of 52.48%, GAAP net income attributable to the company of $0.13 billion, a net profit margin of 23.46%, and adjusted EPS of $2.83; year over year, total revenue grew by 3.53%. Quarter over quarter, net profit increased by 116.81%, highlighting strong seasonal leverage and favorable mix.
Main business performance reflected balanced contributions: Audio products generated $318.21 million and high-performance mixed-signal delivered $242.75 million; segment-level year-over-year growth was not disclosed, but the company achieved an overall positive year-over-year revenue comparison.
Current Quarter Outlook (with major analytical insights)
Main business: Audio products
Audio remains the core revenue engine, generating $318.21 million in the last quarter. The near-term setup is tied to seasonal demand patterns in premium smartphones and content gains in audio subsystems, leading to inter-quarter fluctuations but generally favorable year-over-year comparisons in the current window. With adjusted EPS forecast to rise by 14.70% alongside a 4.62% revenue uptick, the implied margin outcome depends on product mix in audio amplifiers and codecs as well as operating expense discipline.
Investors will focus on whether the company can sustain a gross margin profile near last quarter’s 52.48% amid changes in customer mix and pricing. Stable unit volumes in flagship devices, coupled with richer feature sets, support a constructive outlook for audio value capture. The company’s last quarter net profit margin of 23.46% sets a strong baseline; should operating leverage persist with audio content growth, profitability for the quarter to be reported could meet or exceed core expectations even without explicit guidance on margins.
Most promising business: High-performance mixed-signal
High-performance mixed-signal delivered $242.75 million in last quarter revenue and is widely viewed as a structural growth vector for the company. Forecast revenue growth for the current quarter of 4.62% year over year and EBIT growth of 4.68% suggest this segment’s ramp and design-in momentum are contributing meaningfully to top-line and operating income. The commercial opportunity benefits from broadening applications that demand power-efficient and integrated mixed-signal solutions, providing a counterbalance to the seasonality tied to audio.
The key to upside is execution on program ramps and the breadth of customer adoption. A supportive pricing environment and continued integration of mixed-signal content in key platforms can help expand EBIT even if aggregate revenue growth remains mid-single-digit. If product mix skews toward more complex, higher-margin mixed-signal solutions, earnings sensitivity could outperform revenue trajectories, aligning with the projected double-digit EPS expansion. Monitoring backlog visibility and any signals of supply-chain normalization will help frame sustainability into subsequent quarters.
Factors most impacting the stock this quarter
Margin trajectory is a primary swing factor, given the absence of an explicit gross margin forecast. Last quarter’s 52.48% gross margin provides a reference point; product mix between audio and mixed-signal, pricing realization, and input costs will shape whether margins hold or expand. Any deviation in mix—either from slower flagship device units or variant content penetration—could influence gross margin by more than the top-line growth rate implies.
Execution against the 4.62% revenue growth target and the 14.70% EPS growth target will be scrutinized for signs of operating leverage durability. If adjusted EPS growth outpaces revenue growth as projected, investors will infer continued cost discipline and favorable mix, which tends to be rewarded in post-report trading. Conversely, if revenue meets expectations but EPS lags, it would point to either mix or opex pressures that could cap near-term multiple expansion.
Finally, the cadence of design wins and visibility into subsequent quarter demand will shape sentiment. The company’s prior quarter outperformance against estimates and the net profit margin of 23.46% set a constructive tone, but the market will look for confirmation that mid-single-digit revenue growth can be maintained through the seasonal transitions, particularly for high-performance mixed-signal ramps that indicate a longer runway.
Analyst Opinions
Across the preview window, institutional commentary has been limited in the specified period, yet consensus modeling indicates a cautiously constructive stance into the print. Forecasts embed $0.53 billion in revenue and $2.44 in adjusted EPS, implying outperformance on profitability relative to top-line growth and signaling a bias toward favorable mix and operating leverage. The balance of estimates suggests the majority view leans positive heading into February 03, 2026 Post Market, with attention centered on whether incremental design-win disclosures and margin resilience can validate the double-digit EPS growth trajectory.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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