CIRRUS LOGIC, INC. 8-K

What Happened

• Cirrus Logic, Inc. (CRUS) filed an 8‑K reporting its fourth quarter and full fiscal year 2026 financial results, issuing a press release and a shareholder letter on May 6, 2026. The press release is furnished as Exhibit 99.1 and the shareholder letter as Exhibit 99.2.
• On May 4, 2026, the company entered into a Third Amended and Restated Credit Agreement with Wells Fargo Bank, N.A. as Administrative Agent and the participating lenders, creating a direct financial obligation (Exhibit 10.1). The 8‑K also furnishes non‑GAAP financial measures and reconciliations used by management.

Key Details

• Date of earnings disclosure: May 6, 2026 (press release Exhibit 99.1; shareholder letter Exhibit 99.2).
• Credit agreement executed: May 4, 2026 — Third Amended and Restated Credit Agreement with Wells Fargo Bank, N.A. as Administrative Agent (Exhibit 10.1).
• Non‑GAAP metrics disclosed and reconciled: non‑GAAP net income, diluted EPS, diluted share count, operating income/profit, operating expenses, gross margin/profit, tax expense and impact on EPS, effective tax rate, free cash flow and free cash flow margin.
• Filings note forward‑looking statements and state the furnished items are not “filed” for Section 18 liability purposes.

Why It Matters

• The earnings release and shareholder letter give investors the company’s latest operating and financial results for Q4 and full FY2026 and include management’s non‑GAAP measures and reconciliations to help analyze performance.
• The amended credit agreement establishes current borrowing arrangements and creates a direct financial obligation, which is material to Cirrus Logic’s liquidity and capital structure — investors should review Exhibit 10.1 for terms.
• Review the furnished exhibits (99.1, 99.2, 10.1) for full figures, reconciliations and any forward‑looking guidance included in the disclosures.