0HYI.L
Cirrus Logic Inc
Q1 2026 Report
Cirrus Logic Inc (0HYI.L) QQ1 2026 Results: Strong Growth in Net Income Amidst Revenue Decline...
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Executive Summary
In Q1 2025, Cirrus Logic Inc (0HYI.L) reported a revenue of $374 million, a slight increase of 0.59% quarter-over-quarter but a significant decrease of 39.57% year-over-year. The substantial drop in revenue points to ongoing challenges within the semiconductor sector, with the company experiencing a notable decline in net income by approximately 69.66% year-over-year, resulting in a net income of $42 million. Management acknowledged these headwinds while emphasizing a strategic pivot to innovation in mixed-signal processing solutions that could improve margins going forward.
Despite these challenges, the company's gross profit margin remained robust at 50.51%, demonstrating its ability to maintain pricing power. The management team highlighted their focus on increasing R&D investments, amounting to $105 million, aimed at diversifying product offerings and improving competitive positioning in the marketplace.
Key Performance Indicators
Revenue
374.03M
QoQ: 0.59% | YoY:-39.57%
Gross Profit
188.93M
50.51% margin
QoQ: -1.92% | YoY:-40.49%
Operating Income
46.79M
QoQ: -10.66% | YoY:-72.01%
Net Income
42.10M
QoQ: -6.13% | YoY:-69.66%
EPS
0.79
QoQ: -4.82% | YoY:-69.26%
Revenue Trend
Margin Analysis
Key Insights
- **YoY Change:** -39.57% - **QoQ Change:** +0.59%
- **Gross Profit Margin:** 50.51% - **YoY Change:** -40.49% - **QoQ Change:** -1.92%
- **Operating Income Margin:** 12.5% - **YoY Change:** -72.01% - **QoQ Change:** -10.66%
- **Net Income Margin:** 11.2% - **YoY Change:** -69.66% - **QoQ Change:** -6.13%
- **YoY Change:** -69.26% - **QoQ Change:** -4.82%