Cirrus Historical Income Statement

CRUS Stock

USD 108.82 4.00 3.82%

Historical analysis of Cirrus Logic income statement accounts such as Interest Expense of 869.2 K, Selling General Administrative of 100.3 M or Total Revenue of 1.9 B can show how well Cirrus Logic performed in making a profits. Evaluating Cirrus Logic income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Cirrus Logic's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Cirrus Logic latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Cirrus Logic is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cirrus Logic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Cirrus Stock please use our How to Invest in Cirrus Logic guide.

About Cirrus Income Statement Analysis

Cirrus Logic Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Cirrus Logic shareholders. The income statement also shows Cirrus investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Cirrus Logic Income Statement Chart

At this time, Cirrus Logic's Total Other Income Expense Net is comparatively stable compared to the past year. Net Income is likely to gain to about 288.3 M in 2024, whereas Interest Expense is likely to drop slightly above 869.2 K in 2024.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Operating Income

Total Revenue

Total revenue comprises all receipts Cirrus Logic generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Cirrus Logic minus its cost of goods sold. It is profit before Cirrus Logic operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Cirrus Logic. It is also known as Cirrus Logic overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Cirrus Logic operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Cirrus Logic is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Cirrus Logic's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Cirrus Logic current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cirrus Logic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Cirrus Stock please use our How to Invest in Cirrus Logic guide.At this time, Cirrus Logic's Total Other Income Expense Net is comparatively stable compared to the past year. Net Income is likely to gain to about 288.3 M in 2024, whereas Interest Expense is likely to drop slightly above 869.2 K in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	923.6M	957.0M	916.1M	961.9M
Total Revenue	1.8B	1.9B	1.8B	1.9B

Gross Profit Total Revenue

Cirrus Logic income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Research Development	Extraordinary Items	Net Income From Continuing Ops	Non Operating Income Net Other	Non Recurring	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.23	0.81	0.68	0.67	0.73	0.39	0.41	0.57	0.7	0.82	0.36	-0.34	0.34	0.3	0.74	-0.47	0.3	0.37	-0.29	-0.02	0.25	0.16	-0.04
Interest Expense	0.23		0.2	0.09	0.04	0.11	0.0	0.0	0.05	0.14	0.09	-0.05	-0.14	-0.07	0.05	-0.04	-0.3	-0.14	-0.66	0.38	-0.01	-0.29	-0.25	0.27
Selling General Administrative	0.81	0.2		0.9	0.89	0.91	0.71	0.72	0.82	0.9	0.97	0.69	-0.26	0.69	0.46	0.83	-0.69	0.63	0.42	-0.54	0.09	0.42	0.32	-0.43
Total Revenue	0.68	0.09	0.9		1.0	1.0	0.89	0.9	0.95	1.0	0.86	0.89	-0.15	0.85	0.69	0.92	-0.53	0.72	0.51	-0.73	0.25	0.64	0.56	-0.6
Gross Profit	0.67	0.04	0.89	1.0		0.99	0.89	0.9	0.95	0.99	0.86	0.89	-0.14	0.87	0.67	0.93	-0.51	0.74	0.55	-0.75	0.23	0.66	0.58	-0.63
Other Operating Expenses	0.73	0.11	0.91	1.0	0.99		0.85	0.86	0.92	0.99	0.88	0.84	-0.16	0.81	0.65	0.94	-0.53	0.68	0.51	-0.71	0.21	0.65	0.57	-0.58
Operating Income	0.39	0.0	0.71	0.89	0.89	0.85		1.0	0.98	0.89	0.62	1.0	0.13	0.97	0.75	0.71	-0.45	0.87	0.42	-0.66	0.36	0.53	0.47	-0.62
Ebit	0.41	0.0	0.72	0.9	0.9	0.86	1.0		0.98	0.89	0.63	0.99	0.11	0.97	0.73	0.72	-0.46	0.87	0.43	-0.65	0.33	0.54	0.48	-0.62
Ebitda	0.57	0.05	0.82	0.95	0.95	0.92	0.98	0.98		0.94	0.74	0.97	0.03	0.94	0.72	0.8	-0.51	0.84	0.47	-0.65	0.29	0.54	0.47	-0.57
Cost Of Revenue	0.7	0.14	0.9	1.0	0.99	0.99	0.89	0.89	0.94		0.86	0.88	-0.16	0.83	0.71	0.91	-0.54	0.7	0.46	-0.7	0.27	0.61	0.54	-0.56
Total Operating Expenses	0.82	0.09	0.97	0.86	0.86	0.88	0.62	0.63	0.74	0.86		0.61	-0.39	0.6	0.42	0.86	-0.54	0.59	0.5	-0.61	0.13	0.45	0.34	-0.43
Income Before Tax	0.36	-0.05	0.69	0.89	0.89	0.84	1.0	0.99	0.97	0.88	0.61		0.15	0.97	0.75	0.72	-0.42	0.87	0.46	-0.68	0.36	0.57	0.52	-0.65
Total Other Income Expense Net	-0.34	-0.14	-0.26	-0.15	-0.14	-0.16	0.13	0.11	0.03	-0.16	-0.39	0.15		0.19	-0.01	-0.16	0.15	0.16	0.07	0.17	-0.08	0.09	0.14	-0.25
Net Income	0.34	-0.07	0.69	0.85	0.87	0.81	0.97	0.97	0.94	0.83	0.6	0.97	0.19		0.56	0.7	-0.42	0.92	0.5	-0.67	0.18	0.53	0.47	-0.7
Income Tax Expense	0.3	0.05	0.46	0.69	0.67	0.65	0.75	0.73	0.72	0.71	0.42	0.75	-0.01	0.56		0.52	-0.29	0.43	0.17	-0.49	0.74	0.48	0.48	-0.3
Research Development	0.74	-0.04	0.83	0.92	0.93	0.94	0.71	0.72	0.8	0.91	0.86	0.72	-0.16	0.7	0.52		-0.28	0.62	0.64	-0.76	0.13	0.74	0.64	-0.63
Extraordinary Items	-0.47	-0.3	-0.69	-0.53	-0.51	-0.53	-0.45	-0.46	-0.51	-0.54	-0.54	-0.42	0.15	-0.42	-0.29	-0.28		-0.22	-0.08	0.09	0.04	-0.07	-0.03	0.09
Net Income From Continuing Ops	0.3	-0.14	0.63	0.72	0.74	0.68	0.87	0.87	0.84	0.7	0.59	0.87	0.16	0.92	0.43	0.62	-0.22		0.48	-0.62	0.2	0.37	0.29	-0.64
Non Operating Income Net Other	0.37	-0.66	0.42	0.51	0.55	0.51	0.42	0.43	0.47	0.46	0.5	0.46	0.07	0.5	0.17	0.64	-0.08	0.48		-0.55	-0.13	0.67	0.6	-0.62
Non Recurring	-0.29	0.38	-0.54	-0.73	-0.75	-0.71	-0.66	-0.65	-0.65	-0.7	-0.61	-0.68	0.17	-0.67	-0.49	-0.76	0.09	-0.62	-0.55		-0.29	-0.71	-0.64	0.62
Tax Provision	-0.02	-0.01	0.09	0.25	0.23	0.21	0.36	0.33	0.29	0.27	0.13	0.36	-0.08	0.18	0.74	0.13	0.04	0.2	-0.13	-0.29		0.18	0.21	-0.01
Net Interest Income	0.25	-0.29	0.42	0.64	0.66	0.65	0.53	0.54	0.54	0.61	0.45	0.57	0.09	0.53	0.48	0.74	-0.07	0.37	0.67	-0.71	0.18		0.99	-0.76
Interest Income	0.16	-0.25	0.32	0.56	0.58	0.57	0.47	0.48	0.47	0.54	0.34	0.52	0.14	0.47	0.48	0.64	-0.03	0.29	0.6	-0.64	0.21	0.99		-0.7
Reconciled Depreciation	-0.04	0.27	-0.43	-0.6	-0.63	-0.58	-0.62	-0.62	-0.57	-0.56	-0.43	-0.65	-0.25	-0.7	-0.3	-0.63	0.09	-0.64	-0.62	0.62	-0.01	-0.76	-0.7

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Cirrus Logic Account Relationship Matchups

Cirrus Logic income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	68.2M	39.4M	53.8M	71.2M	37.1M	36.9M
Selling General Administrative	131.1M	127.0M	151.0M	153.1M	144.2M	100.3M
Total Revenue	1.3B	1.4B	1.8B	1.9B	1.8B	1.9B
Gross Profit	674.2M	707.3M	923.6M	957.0M	916.1M	961.9M
Other Operating Expenses	1.1B	1.1B	1.4B	1.6B	1.4B	1.5B
Operating Income	173.5M	237.2M	366.3M	249.0M	343.5M	360.6M
Ebit	204.2M	246.3M	369.6M	255.6M	345.4M	362.7M
Ebitda	272.5M	285.7M	423.4M	326.8M	382.5M	401.7M
Cost Of Revenue	607.0M	661.9M	857.8M	940.6M	872.8M	916.5M
Total Operating Expenses	478.8M	469.8M	557.3M	707.9M	572.6M	298.0M
Income Before Tax	181.3M	245.2M	368.7M	254.7M	363.9M	382.1M
Total Other Income Expense Net	(23.5M)	8.1M	2.3M	(99.8M)	20.5M	21.5M
Net Income	159.5M	217.3M	326.4M	176.7M	274.6M	288.3M
Income Tax Expense	21.8M	27.9M	42.3M	78.0M	89.4M	93.8M
Research Development	347.6M	342.8M	406.3M	458.4M	426.5M	447.8M
Net Income Applicable To Common Shares	159.5M	217.3M	326.4M	176.7M	203.2M	140.1M
Net Income From Continuing Ops	159.5M	217.3M	326.4M	176.7M	274.6M	184.4M
Non Operating Income Net Other	8.8M	9.1M	3.3M	6.6M	7.6M	8.0M
Tax Provision	21.8M	27.9M	42.3M	78.0M	89.4M	57.7M
Net Interest Income	9.4M	5.2M	615K	9.1M	20.6M	21.6M
Interest Income	10.5M	5.2M	615K	9.1M	21.5M	22.6M
Reconciled Depreciation	68.2M	47.1M	62.1M	71.2M	48.3M	52.4M

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Cirrus Historical Income Statement

About Cirrus Income Statement Analysis

Cirrus Logic Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Cirrus Logic income statement Correlations

Cirrus Logic Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cirrus Logic income statement Accounts

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COMMON DESTINATIONS

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COMPANY

Gross Profit	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Ebit	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Operating Income
Other Operating Expenses	+ 0.99	Gross Profit

Reconciled Depreciation	- 0.76	Net Interest Income
Non Recurring	- 0.76	Research Development
Non Recurring	- 0.75	Gross Profit
Non Recurring	- 0.73	Total Revenue
Net Interest Income	- 0.71	Non Recurring
Non Recurring	- 0.71	Other Operating Expenses