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Cirrus Logic supplies chips that help consumer electronics process sound, control cameras and touch feedback, and manage battery power. Audio chips, including amplifiers and chips that convert sound between analog and digital signals, generate most of its revenue. Its other major product line, High-Performance Mixed-Signal (HPMS), covers camera control, sensing and power functions. It sells primarily into smartphones and other consumer electronics.
The company works with customers’ product teams to develop custom chips as well as products for broader use. Revenue follows when customers select its components for their devices and order them for production. Apple accounts for the vast majority of sales, buying through multiple contract manufacturers. The business therefore depends heavily on retaining a place in successive generations of Apple products; customers generally have no minimum purchase obligation.
Cirrus Logic designs its chips but outsources manufacturing, assembly and testing. GLOBALFOUNDRIES and Taiwan Semiconductor Manufacturing Company are its main wafer suppliers, making their production capacity another important dependency. U.S. export controls also restrict which overseas customers and end users it may supply, with some sales requiring licenses.
The risk section is the longest, dullest part of the filing. This keeps only what can really hurt you: where it hits, how hard, when it plays out.
Every company claims an edge. Each one is checked against hard numbers like margins and returns: which hold, and which line gives way first.
Cirrus Logic depends heavily on Apple: the phone and computer maker buys its components through contract manufacturers and accounted for approximately 91% of its fiscal 2026 sales. Apple's smartphone demand is especially worth watching, since smartphone components drove growth in both Cirrus Logic product lines that year.
Skyworks and Cirrus Logic both sell smartphone chips, so handset production and manufacturers' component choices matter to both; they also compete in parts of the analog and mixed-signal chip market. Skyworks' smartphone business is the relevant demand signal, rather than its broader automotive or industrial business.
Qualcomm shares Cirrus Logic's exposure to smartphone demand and competes with it in audio chips sold to handset manufacturers. Watch Qualcomm's handset chip sales for demand, and its Snapdragon sound offerings for the audio competition—not its patent-licensing revenue.
Cirrus Logic relies on GlobalFoundries to manufacture wafers under an agreement reserving capacity and setting wafer prices through calendar 2026, so available production capacity matters to its chip shipments. Progress toward manufacturing at GlobalFoundries' Malta, New York facility is a concrete sign to watch in Cirrus Logic's effort to diversify production locations.
Analog Devices competes with Cirrus Logic to have electronics manufacturers choose its signal-processing chips; both sell high-performance analog and mixed-signal components. Its product advances in accuracy, power consumption and size are worth watching when judging the competition facing Cirrus Logic's converters and audio chips.
Texas Instruments competes with Cirrus Logic for electronics manufacturers' choice of analog chips, including components for audio and power management.
Synaptics competes with Cirrus Logic for customers buying voice and audio chips and tailored chips that let people interact with devices. Its work with customers on touch, biometrics, voice and audio solutions is the part to watch for competing product choices.
STMicroelectronics competes with Cirrus Logic to supply electronics manufacturers, including Apple, with analog, power and sensing chips. Its products for Apple are especially relevant to Cirrus Logic's effort to grow beyond audio through sensing and power components.
Cirrus Logic depends on TSMC to manufacture wafers from its chip designs, making TSMC one of its primary production suppliers. Capacity constraints or production interruptions at this paid manufacturing partner can affect Cirrus Logic's ability to deliver chips.
Cirrus Logic relies on Amkor to package and test chips, helping turn its designs into finished semiconductor products. Amkor earns fees for these outsourced services and is one of Cirrus Logic's primary assembly and test providers.
Amkor Technology Inc earningsAMKR
Amkor’s report will show demand and capacity conditions in chip packaging and testing, a production step Cirrus Logic relies on to deliver finished chips.
Look at activity in Amkor’s packaging and testing business alongside its capacity comments. Strong activity with room to serve customers would support the outsourced step Cirrus Logic relies on; heavy demand with limited capacity could add delivery pressure. Amkor’s overall results do not establish Cirrus Logic’s specific orders or production schedule.
STMicroelectronics N.V. earningsSTM
STMicroelectronics’ report will show how its power and sensing chip business is faring, in areas where it competes with Cirrus Logic for Apple-related design opportunities.
Look at STMicroelectronics’ power and sensing products and its comments on demand or design progress. Strength in those areas would show competitors pursuing customers in fields where Cirrus Logic wants to expand; weakness could mean less pressure, but it would not prove Apple shifted orders to Cirrus Logic. The question is whether Cirrus Logic can grow beyond audio.
Apple Inc. earningsAAPL
Apple’s report will show whether smartphone demand is holding up, a key demand signal for Cirrus Logic, which relies heavily on Apple for sales.
Read Apple’s iPhone sales alongside its overall sales. Resilient iPhone sales would support the smartphone demand behind Cirrus Logic’s Audio and HPMS components; weaker iPhone sales would put that demand base under pressure. Apple’s results show demand, not how much of it Cirrus Logic wins.
Cirrus Logic Inc earningsThis company
Cirrus Logic’s report will show whether smartphone-linked shipments are still supporting sales of its Audio and HPMS products, and whether product mix is holding up gross margin.
Read Audio and HPMS sales alongside gross margin. Growth in both lines with a steady or rising margin would show that shipments are growing without an unfavorable product mix offsetting them. If HPMS weakens or margin falls, smartphone-linked demand or product mix may be providing less support to Cirrus Logic’s revenue and profit.
GlobalFoundries Inc. earningsGFS
GlobalFoundries’ report will show its capacity and progress at its Malta, New York facility, both relevant to Cirrus Logic’s effort to diversify where its wafers are made.
Read GlobalFoundries’ capacity comments alongside updates on its Malta, New York facility. Available capacity and progress there would support Cirrus Logic’s effort to add production locations; constrained capacity or slow progress would make it harder to reduce reliance on existing routes. GlobalFoundries’ report alone cannot confirm that Cirrus Logic products are qualified or shipping from the site.
