Cirrus Logic (CRUS) Operating Margin (2009 - 2026)
Cirrus Logic's Operating Margin came in at 23.66% for fiscal Q2 2027 (quarter ended Sep 26, 2026), down 2.15 percentage points from 25.81% a year earlier but up 5.29 percentage points from the prior quarter.
Cirrus Logic (CRUS) Operating Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 26, 2026, Cirrus Logic reported Operating Margin of 22.46%, down 0.58 percentage points year-over-year; for FY2026 (ended Mar 28, 2026), it came in at 23.05%, up 1.41 percentage points from FY2025.
- Operating Margin has increased in each of the last three fiscal years, with a five-year change of +5.73 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Operating Margin was 21.64% in FY2025 (+2.44 pp), 19.20% in FY2024 (+6.08 pp), 13.12% in FY2023 (-7.44 pp) and 20.56% in FY2022 (+3.24 pp).
- The five-year range for quarterly Operating Margin is -16.86% (fiscal Q4 2023) to 27.07% (fiscal Q3 2024).
- Year-over-year, Operating Margin increased in five of the last eight quarters, with an average year-over-year change of +1.31 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in fiscal Q4 2024 (a gain of 30.94 percentage points), and the weakest in fiscal Q4 2023 (a drop of 38.87 percentage points).
- Business Quant data shows CRUS's Operating Margin at 18.37% (Q1 2027), 20.13% (Q4 2026) and 26.34% (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SK hynix | 24,980.27 Bn | 24,964.04 Bn | 43.99 Bn | 76.33% |
| 2 | Taiwan Semiconductor Manufacturing | 10,337.48 Bn | 9,919.73 Bn | 31.04 Bn | 58.65% |
| 3 | Nvidia | 3,939.34 Bn | 3,713.50 Bn | 72.14 Bn | 66.24% |
| 4 | Broadcom | 1,653.85 Bn | 1,579.89 Bn | 20.46 Bn | 53.92% |
| 5 | Micron Technology | 880.27 Bn | 785.91 Bn | 47.05 Bn | 80.68% |
| 6 | Advanced Micro Devices | 875.86 Bn | 824.07 Bn | 7.21 Bn | 21.17% |
| 7 | Asml Holding | 576.26 Bn | 531.95 Bn | 5.90 Bn | - |
| 8 | Intel | 316.79 Bn | 179.50 Bn | 7.10 Bn | 15.27% |
| 9 | Applied Materials | 294.03 Bn | 294.03 Bn | 5.25 Bn | - |
| 10 | Cirrus Logic | 5.99 Bn | 2.64 Bn | 300.55 Mn | 23.66% |
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 23.66% |
| Jun 27, 2026 | 18.37% |
| Mar 28, 2026 | 20.13% |
| Dec 27, 2025 | 26.34% |
| Sep 27, 2025 | 25.81% |
| Jun 28, 2025 | 17.78% |
| Mar 29, 2025 | 20.25% |
| Dec 28, 2024 | 26.23% |
| Sep 28, 2024 | 24.33% |
| Jun 29, 2024 | 12.51% |
| Mar 30, 2024 | 14.09% |
| Dec 30, 2023 | 27.07% |
| Sep 23, 2023 | 21.98% |
| Jun 24, 2023 | 5.61% |
| Mar 25, 2023 | -16.86% |
| Dec 24, 2022 | 23.94% |
| Sep 24, 2022 | 21.50% |
| Jun 25, 2022 | 13.79% |
| Mar 26, 2022 | 22.01% |
| Dec 25, 2021 | 26.29% |
Cirrus Logic Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=CRUS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "CRUS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=CRUS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();