CRUS Cirrus Logic, Inc. - Common Stock

NASDAQ · Semiconductors · View on SEC EDGAR ↗
$117.43
Price · Aug 19, 2026
Fundamentals as of Aug 5, 2026

About Cirrus Logic, Inc. - Common Stock Company overview from Wikipedia

Cirrus Logic Inc. is an American fabless semiconductor supplier that specializes in analog, mixed-signal, and audio DSP integrated circuits (ICs). Since 1998, the company's headquarters have been in Austin, Texas.

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Cirrus Logic Inc. is an American fabless semiconductor supplier that specializes in analog, mixed-signal, and audio DSP integrated circuits (ICs). Since 1998, the company's headquarters have been in Austin, Texas.

The company's audio processors and audio converters feature in audio and consumer entertainment products, including smartphones, tablets, laptops, digital headsets, automotive entertainment systems, home-theater receivers, and smart home applications, such as smart speakers. The company has over 3,200 customers including Ford, Harman International, Itron, LG, Lenovo, Onkyo, Marantz, Motorola, Panasonic, Pioneer, Samsung, SiriusXM, Sony, Apple, and Vizio. Apple makes up 89% of the company's revenue in 2025.

Suhas Patil founded the company as "Patil Systems, Inc." in Salt Lake City in 1981; it adopted the name "Cirrus Logic" when it moved to Silicon Valley in 1984.

Cirrus Logic has more than 3,900 patents issued and pending.

History

Patil Systems, Inc., was founded in Salt Lake City, Utah, in 1981 by Suhas Patil, and in 1983 the company was reorganized by Patil, Kamran Elahian, and venture capitalist Fred Nazem, whose firm, Nazem and Company provided the company's initial round of financing.

Later the company was renamed Cirrus Logic when it moved to Silicon Valley in 1984 to focus on solutions for the growing PC components market. Michael Hackworth was named president and chief executive officer in January 1985, and was CEO until February 1999. The company joined the Nasdaq market listing in 1989 (symbol: CRUS).

Cirrus Logic acquired Crystal Semiconductor, a supplier of analog and mixed-signal converter ICs, in 1991. In the early 1990s, Cirrus Logic became a supplier of PC graphics chips, audio converters and chips for magnetic storage products. David D. French joined Cirrus Logic, Inc. as president and chief operating officer in June 1998 and was named chief executive officer in February 1999. Soon after joining the company, through an acquisition strategy French repositioned the company into a premier supplier of high-performance analog and digital processing chip solutions for consumer entertainment electronics, and soon afterwards, M. Yousuf Palla joined as Vice President of Operations and Manufacturing, contributing further to its success. The company announced in April 2000 that it had completed moving its headquarters to Austin, Texas. In June 2005, Cirrus Logic sold its video products operation to an investment firm, creating privately owned Magnum Semiconductor. After French resigned in March 2007, Jason Rhode, formerly the vice president and general manager of Cirrus Logic's Mixed Signal Audio Division, was named president and CEO in May 2007. In 2014, Cirrus Logic bought Wolfson Microelectronics for approximately $467 million. In 2021, Cirrus Logic acquired Lion Semiconductor for $335 million. It had a robotics partnership with the Ann Richards School, in which Cirrus Logic committed $10,000 a year for three years. In 2023, the robotics team was made up of 10 girls, which increased to 30 in 2024.

Ambient Technologies

Following a change in focus, Cirrus Logic spun off its PC Modem business unit as Ambient Technologies in early 1999.

In early 2000, Intel purchased Ambient Technologies, subsequently renaming it its "Modem Silicon Operation" division.

Timeline of key events

1981 – Patil Systems Inc. is founded in Salt Lake City by Dr. Suhas Patil. Company focuses on IC solutions for the growing PC components market.

1984 – Patil Systems Inc. renamed Cirrus Logic and moves headquarters to Silicon Valley.

1989 – Company goes public and is listed on the Nasdaq exchange under the ticker symbol CRUS.

1991 – Cirrus Logic acquires Crystal Semiconductor, a supplier of analog and mixed-signal converter ICs.

1992 – Cirrus Logic completes deal for Acumos Inc.

1994 – Cirrus Logic entered an expansion program at MiCRUS in a joint venture with IBM.

1995 – Cirrus Logic agreed on a $600 million joint manufacturing venture with AT&T Microelectronics.

1995 – A joint development agreement was signed between Cirrus Logic and Advanced Telecommunications Modules, Ltd.

1998 – Cirrus Logic exits from the PC graphics card business.

1998 – David D. French joins company as president and chief operating officer in June and becomes chief executive officer in February 1999. In the fall, company spins out its communication business unit.

1999 – Cirrus Logic teams up with Microsoft Corp. in a technology agreement for its Maverick TM chip line.

1999 – Cirrus Logic joined Rockwell International Corp. in a collaboration for system-on-a-chip ICs using RISC processor cores from ARM Ltd. for industrial automation.

1999 - Cirrus Logic purchases AudioLogic, receiving PWM, multi-bit converter, and DSP technology

2000 – Cirrus Logic moves its headquarters to Austin, Texas.

2001 - Cirrus Logic purchases Peak Audio, and becomes owner of CobraNet distributed audio

2001 – Cirrus Logic announces plan to begin exit from magnetic storage chip business.

2001 – Cirrus Logic acquires several start-up companies with technologies in video decoding, video encoding, wireless networking, and networked digital audio.

2003 – Cirrus Logic closes wireless networking operations.

2005 – Cirrus Logic sells video product assets to investment firm, creating Magnum Semiconductor (company maintains minority equity position).

2006 – Cirrus Logic developed a reference design for a High Definition mainstream audio/video reliever (HD-AVR) platform together with Genesis Microchip Inc..

2007 – Jason Rhode, formerly vice president and general manager of Cirrus' Mixed-Signal Audio division, is named president and chief executive officer, replacing French who resigned in March. In July, Cirrus Logic acquires Apex Microtechnology, a provider of high-power products for industrial and aerospace markets. Cirrus Logic acquires audio chip company Tripath after it went bankrupt.

2012 – Company sells its hybrid product line in Tucson, Arizona, to a group of investors, creating Apex Microtechnology as a stand-alone company once again. In November, the company announces that it is moving its remaining product line team in Tucson to its Austin headquarters.

2012 – Cirrus Logic awarded DigiKey with the Distributor Partnership Award.

2014 – Cirrus Logic acquires UK-based Wolfson Microelectronics, an audio IC company founded in 1984.

2018 – Cirrus Logic signed an agreement with Apple for an active noise reduction chip for the next-generation AirPods.

2019 – Cirrus Logic became a strategic partner with Silicon Catalyst.

2021 – Jason Rhode steps down as CEO to be replaced by John Forsyth who was previously chief strategy officer.

2021 – Cirrus Logic announced a collaboration with Elliptic Labs to optimize the CS35L45 smart boosted amplifier using the Elliptic Labs’ AI Virtual Smart Sensor Platform.

Graphics history

In the early 1990s, Cirrus Logic was a supplier of low-cost PC graphics chips. Cirrus's Microsoft Windows 2D GUI accelerators (GDI) were among the fastest in the low-end market-segment, outperforming competing VGA chips from Oak Technologies, Trident Microsystems, and Paradise (Western Digital). For example, the Cirrus GD5422 (1992) supported hardware acceleration for both 8-bit color and 16-bit color. It was one of the lowest-priced SVGA controllers to support both.

By the mid-1990s, when PCs had migrated to the PCI bus, Cirrus had fallen behind S3 and Trident Microsystems. When the announced release date of the GD5470 "Mondello" came and went, Cirrus's reputation in desktop PC-graphics suffered. Mondello development took a back seat to the GD5464 which was near completion and proved to be a much faster design with the use of Rambus. (Because of this Mondello never got off the ground.)

The company's final graphics chips, the GD546x "Laguna" series of PCI/AGP 3D-accelerators, were novel in that they were one of the few video cards to use Rambus RDRAM. The patented use of tiled memory by the GD546x chips is still used by nearly all graphics processors today. However, like many other 2D and 3D chips at the time were gate limited by the process technology available at the time, the feature set of perspective-correct texture mapping, bilinear filtering, single-pass lighting, gouraud shading, and alpha blending, was incomplete compared to the next generation of 3D chips. The GD546x family was limited by CPU processing at the time, CPUs could not feed it enough triangles which was the real performance block. The raw processing power of the GD546x was nearly 2.5 million 25 pixel triangles per second, much faster than competitors.

When Intel announced it was entering the 3D market with the i740, Cirrus Logic exited the market, which at the time for Cirrus Logic was worth 500 million dollars annually. (Intel didn't catch up in performance for many years, the i740 was not widely accepted and did not win any major designs).

Cirrus Logic graphic cards are used in emulators. Both QEMU and Bochs emulate the Cirrus CLGD 5446 PCI VGA-card, with Bochs additionally emulating the CL-GD5430 ISA card.

Graphics chipsets

Desktop

CL-GD410 + CL-GD420 – ISA SVGA chipset, Video Seven VEGA VGA (1987)

CL-GD510 + CL-GD520 – ISA SVGA "Eagle II" chipset; known for 100% CGA emulation (1988)

CL-GD5320 – ISA SVGA chipset (1990)

CL-GD5401 – ISA SVGA chipset, also known as Acumos VGA (AVGA1)

CL-GD5402 – ISA SVGA chipset, also known as Acumos VGA (AVGA2)

CL-GD5410 – ISA SVGA chipset, low-to-mid-end DRAM-based cards (accelerated), some laptop chipsets. Known for integrating graphics card components into one chip (built-in RAMDAC and clock generators) at an early point. (1991)

CL-GD5420 – ISA SVGA chipset; highly integrated (15 bit RAMDAC + PLL), 1 MB

CL-GD5421 – ISA SVGA chipset; highly integrated (15/16 bit RAMDAC + PLL), 1 MB

CL-GD5422 – Enhanced variant of the CL-GD5420 (32-bit internal memory interface, 15/16/24 bit RAMDAC. An ISA video card carrying this chipset offered 1280×1024 interlaced max resolution.

CL-GD5424 – VLB variant of the CL-GD5422, but resembles the CL-GD5426 in some respects

CL-GD5425 – True color VGA controller with TV out

CL-GD5426 – Hardware BitBLT engine; ISA bus and VLB up to 2 MB of memory

CL-GD5428 – Enhanced variant of the CL-GD5426; faster BITBLT engine

CL-GD5429 – Enhanced variant of the CL-GD5428; supports higher memory clock and has memory-mapped I/O

CL-GD5430 – Similar to CL-GD5429, but with CL-GD543x core (32-bit host interface)

CL-GD5434 – PCI Alpine family chip with 64-bit internal memory interface; supports 64-bit mode only when equipped with 2 MB of video memory; commonly equipped with 1 MB, extendable to 2 MB (1994)

CL-GD5436 – An optimized CL-GD5434

CL-GD5440 – CL-GD5430 with motion-video acceleration (CL-GD54M40 has integrated filters)

CL-GD5446 – 64-bit Alpine VisualMedia accelerator, 2D-only; adds motion-video acceleration

CL-GD546X – The Laguna Family VisualMedia Accelerators for 2D, 3D, and video. Include a BitBLT engine, video windows, and 64×64 hardware cursor. These chips use a single channel of RDRAM memory, providing up to 600 MB/s bandwidth.

CL-GD5462 - No 3D acceleration

CL-GD5464 - Hardware 3D acceleration (PCI)

CL-GD5465 - AGP support

CL-GD5480 – 64-bit Alpine accelerator with 100 MHz SGRAM. Adds MPEG-2 video acceleration.

Mobile

CL-GD610 + 620 (1989)

CL-GD6420/6440 – Used in some laptops; similar to older Cirrus chipsets (5410/AVGA2)

CL-GD6205/6215/6225/6235 – Compatible with the CL-GD5420

CL-GD7541/7542/7543/7548 – Compatible with the CL-GD5428/3x

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

CRUS Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$117.43
Market Cap
$5.94B
P/E (TTM)
15.0
EPS (TTM)
$7.85
Revenue (TTM)
$2.00B
Div Yield
ROE
19.9%
Debt/Equity
52W Range
$110 – $180

CRUS Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $2.00B
10-point trend, +29.8%
2017-03-25 2026-03-28
EPS $7.85
10-point trend, +100.3%
2017-03-25 2026-03-28
Free Cash Flow $637M
10-point trend, +94.1%
2017-03-25 2026-03-28
Margins 20.8%
10-point trend, +7.2%
2017-03-25 2026-03-28

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
CRUS
Peer Median
P/E (TTM)
5-point trend, +15.0%
15.0
40.3
P/S (TTM)
5-point trend, +30.4%
3.0
9.3
P/B
5-point trend, +9.9%
2.8
4.3
Price / FCF
5-point trend, -77.4%
9.3

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
CRUS
Peer Median
Gross Margin
5-point trend, +1.8%
52.8%
52.7%
Operating Margin
5-point trend, +12.1%
23.1%
Net Profit Margin
5-point trend, +13.3%
20.8%
-5.6%
ROA
5-point trend, +4.2%
17.2%
-3.6%
ROE
5-point trend, -3.7%
19.9%
-4.5%
ROIC
5-point trend, -11.0%
18.1%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
CRUS
Peer Median
Current Ratio
5-point trend, +132.2%
7.4
3.9
Quick Ratio
5-point trend, +127.7%
5.2

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
CRUS
Peer Median
Revenue YoY
5-point trend, +12.1%
5.3%
Revenue CAGR 3Y
5-point trend, +12.1%
1.7%
Revenue CAGR 5Y
5-point trend, +12.1%
7.8%
EPS YoY
5-point trend, +42.2%
30.8%
Net Income YoY
5-point trend, +27.0%
25.0%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
CRUS
Peer Median
EPS (Diluted)
5-point trend, +42.2%
$7.85

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
CRUS
Peer Median

CRUS Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 12 analysts
  • Strong Buy 4 33.3%
  • Buy 5 41.7%
  • Hold 3 25.0%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

4 analysts · 2026-08-16
Median target $165.00 +40.5%
Mean target $165.00 +40.5%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.32%
Period EPS Actual EPS Est Surprise
June 30, 2026 $1.84 $1.85 -0.01%
March 31, 2026 $1.95 $1.80 0.15%
Dec. 31, 2025 $2.97 $2.48 0.49%
Sept. 30, 2025 $2.83 $2.42 0.41%
June 30, 2025 $1.51 $1.12 0.39%
March 31, 2025 $1.67 $1.20 0.47%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
CRUS $7.25B 18.3 5.3% 20.8% 19.9% 52.8%
RMBS $9.90B 43.5 27.1% 32.6% 17.8% 79.6%
QRVO $6.79B 21.4 -1.1% 9.2% 9.9% 45.9%
SLAB $4.35B -66.6 34.3% -8.3% -6.0% 58.2%
ALGM $5.58B -376.5 22.8% -1.7% -1.6% 46.3%
MXL $1.51B -11.0 29.7% -29.2% -29.1% 56.8%
RGTI
PI $5.26B -470.3 -1.4% -3.0% -5.5% 52.5%
DIOD $2.26B 34.5 13.0% 4.5% 3.6% 31.2%
SYNA $4.73B -9.6 11.4% -41.0% -42.4% 44.7%
OLED $5.52B 23.0 0.45% 37.2% 13.9% 76.3%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 17
Annual Income Statement data for CRUS
Metric Trend 202620252024202320222021202020192018201720162015
Revenue 12-point trend, +117.9% $2.00B $1.90B $1.79B $1.90B $1.78B $1.37B $1.28B $1.19B $1.53B $1.54B $1.17B $917M
Cost of Revenue 12-point trend, +92.2% $943M $900M $873M $941M $858M $662M $607M $588M $771M $781M $614M $491M
Gross Profit 12-point trend, +147.6% $1.05B $996M $916M $957M $924M $707M $674M $597M $761M $758M $555M $426M
R&D Expense 12-point trend, +119.3% $434M $435M $426M $458M $406M $343M $348M $375M $366M $304M $269M $198M
SG&A Expense 12-point trend, +60.6% $160M $151M $144M $153M $151M $127M $131M $127M $132M $127M $117M $100M
Operating Expenses 12-point trend, +87.3% $594M $586M $573M $708M $557M $470M $501M $497M $498M $441M $375M $317M
Operating Income 12-point trend, +323.3% $460M $410M $343M $249M $366M $237M $173M $101M $262M $317M $180M $109M
Interest Expense 9-point trend, -84.0% · · · $898.0K $948.0K $1M $1M $1M $1M $4M $3M $6M
Other Non-op 12-point trend, +96.0% $-487.0K $1M $-108.0K $-3M $2M $3M $-2M $-217.0K $-971.0K $-79.0K $-2M $-12M
Pretax Income 12-point trend, +442.6% $497M $445M $364M $255M $369M $245M $181M $94M $265M $315M $176M $92M
Income Tax 12-point trend, +126.4% $82M $113M $89M $78M $42M $28M $22M $4M $103M $54M $52M $36M
Net Income 12-point trend, +651.0% $414M $332M $275M $177M $326M $217M $159M $90M $162M $261M $124M $55M
EPS (Basic) 12-point trend, +820.5% $8.10 $6.24 $5.06 $3.18 $5.70 $3.74 $2.74 $1.50 $2.55 $4.12 $1.96 $0.88
EPS (Diluted) 12-point trend, +823.5% $7.85 $6.00 $4.90 $3.09 $5.52 $3.62 $2.64 $1.46 $2.46 $3.92 $1.87 $0.85
Shares (Basic) 12-point trend, -18.2% 51,137,000 53,135,000 54,290,000 55,614,000 57,278,000 58,106,000 58,317,000 60,116,000 63,407,000 63,329,000 63,197,000 62,503,000
Shares (Diluted) 12-point trend, -19.0% 52,822,000 55,241,000 56,021,000 57,226,000 59,143,000 60,060,000 60,462,000 61,583,000 65,951,000 66,561,000 65,993,000 65,235,000
EBITDA 11-point trend, +257.0% $513M $461M $392M $320M $428M $284M $242M $181M $344M $380M · $144M
Balance Sheet 24
Annual Balance Sheet data for CRUS
Metric Trend 202620252024202320222021202020192018201720162015
Cash & Equivalents 12-point trend, +948.3% $801M $540M $503M $446M $370M $442M $292M $216M $236M $351M $169M $76M
Receivables 12-point trend, +95.5% $220M $216M $162M $150M $240M $109M $154M $121M $101M $120M $89M $113M
Inventory 12-point trend, +186.1% $241M $299M $227M $233M $138M $173M $147M $165M $206M $168M $142M $84M
Prepaid Expense 12-point trend, +75.6% $48M $48M $48M $36M $41M $38M $24M $31M $31M $25M $30M $27M
Other Current Assets 12-point trend, +158.1% $23M $28M $55M $57M $40M $25M $12M $22M $14M $12M $16M $9M
Current Assets 12-point trend, +217.3% $1.43B $1.24B $1.11B $1.02B $840M $843M $650M $625M $614M $776M $506M $452M
PP&E (Net) 12-point trend, -0.3% $144M $160M $170M $163M $157M $155M $158M $186M $191M $168M $163M $144M
PP&E (Gross) 12-point trend, +103.6% $441M $430M $424M $397M $373M $351M $348M $343M $331M $290M $252M $217M
Accum. Depreciation 12-point trend, +310.6% $297M $270M $253M $234M $216M $196M $190M $156M $140M $122M $90M $72M
Goodwill 12-point trend, +65.7% $436M $436M $436M $436M $436M $288M $287M $286M $289M $287M $288M $263M
Intangibles 12-point trend, -88.2% $21M $27M $30M $39M $158M $22M $34M $68M $112M $135M $163M $176M
Other Non-current Assets 12-point trend, -34.4% $18M $35M $69M $74M $92M $67M $28M $20M $38M $15M $16M $28M
Total Assets 12-point trend, +116.7% $2.49B $2.33B $2.23B $2.06B $2.12B $1.83B $1.59B $1.35B $1.43B $1.41B $1.18B $1.15B
Accounts Payable 12-point trend, -28.1% $81M $63M $56M $81M $115M $103M $78M $48M $70M $74M $72M $112M
Current Liabilities 12-point trend, +10.2% $195M $195M $186M $216M $265M $214M $159M $116M $140M $144M $128M $177M
Capital Leases 7-point trend, -11.8% $114M $122M $135M $123M $163M $128M $129M · · · · ·
Deferred Tax · · · · · · · · · · · $3M
Other Non-current Liabilities 10-point trend, -100.0% · $0 $507.0K $1M $14M · $0 $10M $8M $4M $26M $9M
Common Stock 12-point trend, -19.0% $51.0K $52.0K $53.0K $55.0K $57.0K $58.0K $58.0K $59.0K $62.0K $64.0K $63.0K $63.0K
Retained Earnings 12-point trend, +146.1% $185M $90M $59M $-9M $23M $-113M $-202M $-222M $-139M $-107M $-344M $-401M
AOCI 12-point trend, -34.7% $-3M $-1M $-3M $-3M $-2M $3M $-3M $-1M $-11M $-573.0K $332.0K $-2M
Stockholders' Equity 12-point trend, +181.2% $2.13B $1.95B $1.82B $1.66B $1.60B $1.39B $1.23B $1.14B $1.16B $1.15B $859M $757M
Liabilities + Equity 12-point trend, +116.7% $2.49B $2.33B $2.23B $2.06B $2.12B $1.83B $1.59B $1.35B $1.43B $1.41B $1.18B $1.15B
Shares Outstanding 12-point trend, -19.8% 50,596,000 52,291,000 53,491,000 55,098,000 56,596,000 57,652,000 58,242,000 58,954,000 61,960,000 64,295,000 62,630,000 63,085,000
Cash Flow 16
Annual Cash Flow data for CRUS
Metric Trend 202620252024202320222021202020192018201720162015
D&A 12-point trend, +50.1% $52M $51M $48M $71M $62M $47M $68M $80M $81M $63M $58M $35M
Stock-based Comp 12-point trend, +117.9% $82M $84M $89M $82M $66M $57M $54M $50M $49M $40M $34M $38M
Deferred Tax 12-point trend, -103.5% $-1M $-98.0K $-13M $-35M $-15M $-6M $-6M $2M $12M $11M $23M $32M
Amort. of Intangibles 12-point trend, -58.2% $8M $8M $9M $34M $29M $14M $28M $48M $54M $37M $36M $18M
Restructuring 9-point trend, +0.00 $0 $0 $2M $11M $0 $352.0K $22M $0 $0 · · ·
Other Non-cash 11-point trend, +2694.8% $103M $-22M $23M $45M $-315M $33M $20M $-15M $15M $-5M · $4M
Operating Cash Flow 12-point trend, +298.0% $651M $444M $422M $340M $125M $349M $296M $207M $319M $370M $149M $163M
CapEx 12-point trend, -56.7% $14M $23M $38M $35M $26M $18M $16M $32M $55M $42M $42M $32M
Investing Cash Flow 12-point trend, +76.8% $-75M $-124M $-163M $-33M $-18M $-78M $-100M $-55M $-185M $-70M $20M $-324M
Stock Repurchased 12-point trend, +2557.7% $280M $261M $186M $191M $168M $110M $120M $160M $176M $15M $61M $11M
Net Stock Activity 11-point trend, -2557.7% $-280M $-261M $-186M $-191M $-168M $-110M $-120M $-160M $-176M $-15M · $-11M
Financing Cash Flow 11-point trend, -308.6% $-314M $-283M $-202M $-230M $-179M $-121M $-120M $-171M $-250M $-118M $-77M ·
Net Change in Cash 12-point trend, +486.5% $261M $37M $57M $76M $-72M $150M $76M $-19M $-116M $182M $92M $45M
Taxes Paid 5-point trend, +39.0% $50M $52M $43M $92M $36M · · · · · · ·
Free Cash Flow 11-point trend, +385.2% $637M $422M $384M $304M $99M $331M $280M $175M $264M $328M · $131M
Levered FCF 8-point trend, +137.7% · · · $304M $98M $330M $279M $174M $263M $325M · $128M
Profitability 8
Annual Profitability data for CRUS
Metric Trend 202620252024202320222021202020192018201720162015
Gross Margin 11-point trend, +13.6% 52.8% 52.5% 51.2% 50.4% 51.8% 51.7% 52.6% 50.4% 49.6% 49.2% · 46.5%
Operating Margin 11-point trend, +94.2% 23.1% 21.6% 19.2% 13.1% 20.6% 17.3% 13.5% 8.5% 17.1% 20.6% · 11.9%
Net Margin 11-point trend, +244.7% 20.8% 17.5% 15.3% 9.3% 18.3% 15.9% 12.4% 7.6% 10.6% 17.0% · 6.0%
Pretax Margin 11-point trend, +148.9% 24.9% 23.5% 20.3% 13.4% 20.7% 17.9% 14.1% 7.9% 17.3% 20.5% · 10.0%
EBITDA Margin 11-point trend, +63.8% 25.7% 24.3% 21.9% 16.9% 24.1% 20.8% 18.9% 15.2% 22.4% 24.7% · 15.7%
ROA 11-point trend, +192.2% 17.2% 14.5% 12.8% 8.4% 16.5% 12.7% 10.8% 6.5% 11.4% 20.1% · 5.9%
ROE 11-point trend, +150.9% 19.9% 17.0% 15.2% 10.5% 20.6% 15.6% 12.8% 7.9% 14.0% 26.0% · 7.9%
ROIC 11-point trend, +108.4% 18.1% 15.7% 14.3% 10.4% 20.3% 15.1% 12.4% 8.5% 13.8% 22.8% · 8.7%
Liquidity & Solvency 3
Annual Liquidity & Solvency data for CRUS
Metric Trend 202620252024202320222021202020192018201720162015
Current Ratio 11-point trend, +187.8% 7.4 6.4 5.9 4.7 3.2 3.9 4.1 5.4 4.4 5.4 · 2.6
Quick Ratio 11-point trend, +390.1% 5.2 3.9 3.6 2.8 2.3 2.6 2.8 2.9 2.4 3.3 · 1.1
Interest Coverage 8-point trend, +1334.7% · · · 277.3 386.4 224.4 164.1 95.3 227.6 88.1 · 19.3
Efficiency 3
Annual Efficiency data for CRUS
Metric Trend 202620252024202320222021202020192018201720162015
Asset Turnover 11-point trend, -15.2% 0.8 0.8 0.8 0.9 0.9 0.8 0.9 0.9 1.1 1.2 · 1.0
Inventory Turnover 11-point trend, -45.2% 3.5 3.4 3.8 5.1 5.5 4.1 3.9 3.2 4.1 5.0 · 6.4
Receivables Turnover 11-point trend, -12.1% 9.2 10.0 11.4 9.7 10.2 10.4 9.3 10.4 13.9 14.8 · 10.4
Per Share 5
Annual Per Share data for CRUS
Metric Trend 202620252024202320222021202020192018201720162015
Book Value / Share 11-point trend, +250.6% $42.06 $37.28 $33.97 $30.10 $28.27 $24.09 $21.11 $19.34 $18.75 $17.91 · $12.00
Revenue / Share 11-point trend, +169.1% $37.81 $34.32 $31.93 $33.16 $30.12 $22.80 $21.19 $19.25 $23.23 $23.12 · $14.05
Cash Flow / Share 11-point trend, +391.4% $12.32 $8.04 $7.53 $5.93 $2.11 $5.81 $4.89 $3.36 $4.83 $5.56 · $2.51
Cash / Share 11-point trend, +1207.1% $15.83 $10.32 $9.40 $8.09 $6.53 $7.67 $5.02 $3.67 $3.80 $5.46 · $1.21
EPS (TTM) 12-point trend, +823.5% $7.85 $6.00 $4.90 $3.09 $5.52 $3.62 $2.64 $1.46 $2.46 $3.92 $1.87 $0.85
Growth Rates 9
Annual Growth Rates data for CRUS
Metric Trend 202620252024202320222021202020192018201720162015
Revenue YoY 5-point trend, -82.3% 5.3% 6.0% -5.7% 6.5% 30.1% · · · · · · ·
Revenue CAGR 3Y 3-point trend, -81.5% 1.7% 2.1% 9.3% · · · · · · · · ·
Revenue CAGR 5Y 7.8% · · · · · · · · · · ·
EPS YoY 5-point trend, -41.3% 30.8% 22.4% 58.6% -44.0% 52.5% · · · · · · ·
EPS CAGR 3Y 3-point trend, +243.2% 36.4% 2.8% 10.6% · · · · · · · · ·
EPS CAGR 5Y 16.7% · · · · · · · · · · ·
Net Income YoY 5-point trend, -50.1% 25.0% 20.7% 55.4% -45.9% 50.2% · · · · · · ·
Net Income CAGR 3Y 3-point trend, +305.7% 32.9% 0.52% 8.1% · · · · · · · · ·
Net Income CAGR 5Y 13.8% · · · · · · · · · · ·
Valuation (TTM) 10
Annual Valuation (TTM) data for CRUS
Metric Trend 202620252024202320222021202020192018201720162015
Revenue TTM 12-point trend, +117.9% $2.00B $1.90B $1.79B $1.90B $1.78B $1.37B $1.28B $1.19B $1.53B $1.54B $1.17B $917M
Net Income TTM 12-point trend, +651.0% $414M $332M $275M $177M $326M $217M $159M $90M $162M $261M $124M $55M
Market Cap 11-point trend, +245.5% $7.25B $5.20B $4.95B $5.82B $4.96B $4.79B $3.61B $2.48B $2.52B $3.86B · $2.10B
P/E 12-point trend, -53.4% 18.3 16.6 18.9 34.2 15.9 22.9 23.5 28.8 16.5 15.3 18.4 39.2
P/S 11-point trend, +58.5% 3.6 2.7 2.8 3.1 2.8 3.5 2.8 2.1 1.6 2.5 · 2.3
P/B 11-point trend, +22.9% 3.4 2.7 2.7 3.5 3.1 3.4 2.9 2.2 2.2 3.4 · 2.8
P / Tangible Book 6-point trend, -2.1% 4.3 3.5 3.7 4.9 4.9 4.4 · · · · · ·
P / Cash Flow 11-point trend, -13.2% 11.2 11.7 11.7 17.1 39.8 13.7 12.2 12.0 7.9 10.4 · 12.8
P / FCF 11-point trend, -28.8% 11.4 12.3 12.9 19.1 50.3 14.5 12.9 14.2 9.6 11.8 · 16.0
Earnings Yield 12-point trend, +114.5% 5.5% 6.0% 5.3% 2.9% 6.3% 4.4% 4.3% 3.5% 6.0% 6.5% 5.4% 2.5%

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2026-03-282025-03-292024-03-302023-03-252022-03-26
Revenue $2.00B$1.90B$1.79B$1.90B$1.78B
Gross Margin % 52.8%52.5%51.2%50.4%51.8%
Operating Margin % 23.1%21.6%19.2%13.1%20.6%
Net Income $414M$332M$275M$177M$326M
Diluted EPS $7.85$6.00$4.90$3.09$5.52
Balance Sheet
2026-03-282025-03-292024-03-302023-03-252022-03-26
Current Ratio 7.46.45.94.73.2
Quick Ratio 5.23.93.62.82.3
Cash Flow
2026-03-282025-03-292024-03-302023-03-252022-03-26
Free Cash Flow $637M$422M$384M$304M$99M

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Institutional owners (13F) 617 filers · $4.7B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
102 (-15 vs prior Q) 48 (-3 vs prior Q) 214 (+23 vs prior Q) 159 (+3 vs prior Q) +854K

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD PORTFOLIO MANAGEMENT LLC $508,027,408 3,420,369 10.73% Shares
VANGUARD CAPITAL MANAGEMENT LLC $340,413,828 2,291,886 7.19% Shares
STATE STREET CORP $321,894,216 2,167,200 6.80% Shares
FULLER & THALER ASSET MANAGEMENT, INC. $253,247,212 1,705,024 5.35% Shares
GEODE CAPITAL MANAGEMENT, LLC $195,308,632 1,314,697 4.12% Shares
EARNEST PARTNERS LLC $188,234,445 1,267,316 3.97% Shares
DIMENSIONAL FUND ADVISORS LP $176,115,274 1,185,722 3.72% Shares
Quantinno Capital Management LP $147,887,844 995,676 3.12% Shares
MILLENNIUM MANAGEMENT LLC $109,193,315 735,160 2.31% Shares
Robeco Institutional Asset Management B.V. $102,329,147 688,946 2.16% Shares
FMR LLC $91,998,219 619,392 1.94% Shares
JACOBS LEVY EQUITY MANAGEMENT, INC $91,530,721 616,244 1.93% Shares
WELLINGTON MANAGEMENT GROUP LLP $82,812,159 557,545 1.75% Shares
NORGES BANK $75,764,856 510,098 1.60% Shares
FIRST TRUST ADVISORS LP $71,193,017 479,319 1.50% Shares
LETKO, BROSSEAU & ASSOCIATES INC $65,688,729 442,259 1.39% Shares
Defiance ETFs, LLC $61,689,235 421,317 1.30% Shares
Caisse de depot et placement du Quebec $61,500,480 414,061 1.30% Shares
ROYCE & ASSOCIATES LP $59,990,376 403,894 1.27% Shares
RENAISSANCE TECHNOLOGIES LLC $53,132,152 357,720 1.12% Shares
Qube Research & Technologies Ltd $50,634,620 340,905 1.07% Shares
GOLDMAN SACHS GROUP INC $49,146,052 330,883 1.04% Shares
AMERICAN CENTURY COMPANIES INC $48,591,886 327,152 1.03% Shares
Gotham Asset Management, LLC $47,958,109 322,885 1.01% Shares
VANGUARD FIDUCIARY TRUST CO $47,856,217 322,199 1.01% Shares
PANAGORA ASSET MANAGEMENT INC $41,083,398 276,600 0.87% Shares
LOS ANGELES CAPITAL MANAGEMENT LLC $39,790,446 267,895 0.84% Shares
Grantham, Mayo, Van Otterloo & Co. LLC $38,478,925 259,065 0.81% Shares
BNP PARIBAS ASSET MANAGEMENT Holding S.A. $34,931,880 235,184 0.74% Shares
Woodline Partners LP $32,581,244 219,358 0.69% Shares
JONES FINANCIAL COMPANIES LLLP $32,253,733 220,162 0.68% Shares
Assenagon Asset Management S.A. $31,766,260 213,871 0.67% Shares
MACKENZIE FINANCIAL CORP $31,088,220 209,306 0.66% Shares
MORGAN STANLEY $28,456,796 191,589 0.60% Shares
ALLIANCEBERNSTEIN L.P. $24,987,299 172,779 0.53% Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $24,965,461 172,628 0.53% Shares
Arbejdsmarkedets Tillaegspension $23,957,889 161,300 0.51% Shares
BURNEY CO/ $22,687,363 152,746 0.48% Shares
Fideuram Asset Management (Ireland) dac $22,269,173 133,365 0.47% Shares
BlackRock, Inc. $20,836,680 140,286 0.44% Shares
RHUMBLINE ADVISERS $19,999,215 134,648 0.42% Shares
Man Group plc $19,866,630 133,755 0.42% Shares
VICTORY CAPITAL MANAGEMENT INC $19,790,286 133,241 0.42% Shares
CANADA PENSION PLAN INVESTMENT BOARD $19,709,931 132,700 0.42% Shares
SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC $19,029,812 128,121 0.40% Shares
GLENMEDE TRUST CO NA $17,718,589 119,293 0.37% Shares
ENVESTNET ASSET MANAGEMENT INC $17,544,274 118,119 0.37% Shares
RAYMOND JAMES FINANCIAL INC $17,406,082 117,189 0.37% Shares
BARCLAYS PLC $16,560,501 111,496 0.35% Shares
Corient Private Wealth LP $16,368,462 110,204 0.35% Shares
BANK OF AMERICA CORP /DE/ $16,362,065 110,160 0.35% Shares
California Public Employees Retirement System $16,222,744 109,222 0.34% Shares
Trexquant Investment LP $15,932,516 107,268 0.34% Shares
Glenmede Investment Management, LP $15,822,122 126,284 0.33% Shares
Universal- Beteiligungs- und Servicegesellschaft mbH $15,746,704 106,017 0.33% Shares
D. E. Shaw & Co., Inc. $15,690,561 105,639 0.33% Shares
Swiss National Bank $15,209,472 102,400 0.32% Shares
Connor, Clark & Lunn Investment Management Ltd. $13,833,342 93,135 0.29% Shares
BNP PARIBAS FINANCIAL MARKETS $13,583,068 91,450 0.29% Shares
MARTINGALE ASSET MANAGEMENT L P $13,391,911 90,163 0.28% Shares
Squarepoint Ops LLC $13,281,701 89,421 0.28% Shares
WORLDQUANT MILLENNIUM ADVISORS LLC $12,865,817 86,621 0.27% Shares
AMERIPRISE FINANCIAL INC $12,126,046 81,642 0.26% Shares
TWO SIGMA INVESTMENTS, LP $11,031,769 74,273 0.23% Shares
Retirement Systems of Alabama $10,910,271 73,455 0.23% Shares
LAZARD ASSET MANAGEMENT LLC $10,633,411 71,591 0.22% Shares
GLOBEFLEX CAPITAL L P $10,578,901 71,224 0.22% Shares
SPROTT INC. $10,100,040 68,000 0.21% Shares
Ensign Peak Advisors, Inc $10,061,274 67,739 0.21% Shares
MERCER GLOBAL ADVISORS INC /ADV $9,728,719 65,500 0.21% Shares
ZACKS INVESTMENT MANAGEMENT $9,210,742 62,012 0.19% Shares
CAPITAL FUND MANAGEMENT S.A. $9,019,781 60,727 0.19% Shares
Dana Investment Advisors, Inc. $8,978,787 60,451 0.19% Shares
PRUDENTIAL FINANCIAL INC $8,896,650 59,898 0.19% Shares
SEI INVESTMENTS CO $8,807,230 59,296 0.19% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $8,524,771 58,946 0.18% Shares
ING GROEP NV $7,679,001 51,700 0.16% Shares
OAK ASSOCIATES LTD /OH/ $7,598,349 51,157 0.16% Shares
Crossmark Global Holdings, Inc. $7,525,570 50,667 0.16% Shares
VOYA INVESTMENT MANAGEMENT LLC $7,340,650 49,422 0.16% Shares
VANGUARD ASSET MANAGEMENT, Ltd $7,262,523 48,896 0.15% Shares
Illinois Municipal Retirement Fund $7,038,985 47,391 0.15% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $6,594,732 44,400 0.14% Call option
VAN ECK ASSOCIATES CORP $6,525,666 43,935 0.14% Shares
ALGERT GLOBAL LLC $6,504,277 43,791 0.14% Shares
Edgestream Partners, L.P. $6,237,220 41,993 0.13% Shares
CITADEL ADVISORS LLC $6,134,289 41,300 0.13% Call option
Bridgewater Associates, LP $6,050,072 40,733 0.13% Shares
HOLDERNESS INVESTMENTS CO $5,935,556 39,962 0.13% Shares
MANUFACTURERS LIFE INSURANCE COMPANY, THE $5,823,119 39,205 0.12% Shares
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM $5,817,177 39,165 0.12% Shares
Hillsdale Investment Management Inc. $5,535,713 37,270 0.12% Shares
Y-Intercept (Hong Kong) Ltd $5,286,777 35,594 0.11% Shares
LMR Partners LLP $5,198,550 35,000 0.11% Shares
TWO SIGMA ADVISERS, LP $5,178,450 43,700 0.11% Shares
Summit Trail Advisors, LLC $5,118,344 34,460 0.11% Shares
Heron Bay Capital Management $4,967,734 33,446 0.10% Shares
ROYAL BANK OF CANADA $4,942,000 33,275 0.10% Shares
Amundi $4,778,062 32,169 0.10% Shares
Focus Partners Wealth $4,771,710 32,133 0.10% Shares

Company insiders 56 insiders · 3 officers · 6 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Jeffrey W Baumgartner EVP, R&D July 20, 2026 S 15,239 0 6 $-4,265,014
Andrew Brannan EVP, Worldwide Sales June 29, 2026 M 7,203 0 2 $-1,224,514
Scott Thomas EVP, General Counsel June 3, 2026 M 31,048 0 5 $-3,728,147
Muhammad Raghib Hussain Director July 31, 2026 A 10,579 0 0 $0
David J. Tupman Director July 31, 2026 A 27,916 0 0 $0
William D Mosley Director July 31, 2026 A 3,622 0 0 $0
Catherine P Lego Director July 31, 2026 A 11,708 0 0 $0
Alexander M Davern Director July 31, 2026 A 22,529 0 2 $-299,000
Loan T Le Duy Director July 31, 2026 A 6,197 0 0 $0
TEO ALFRED S ANNIE JOINT TENANTS WITH RIGHTS OF SURVIVORSHIP 10% owner Sept. 17, 2004 S 5,817,675 0 0 $0
Denise Grode Aug. 29, 2025 S 7,900 0 1 $-252,507
Justin E Dougherty Aug. 12, 2025 S 4,792 0 0 $0
Carl Jackson Alberty Aug. 8, 2025 S 39,645 0 0 $0
CIRRUS LOGIC, INC. March 5, 2025 A 0 0 $0
John Forsyth March 2, 2025 M 72,529 0 0 $0
Ulf Habermann Feb. 6, 2025 A 28,106 0 0 $0
Deirdre Hanford July 26, 2024 M 12,299 0 0 $0
Timothy R Dehne July 26, 2024 M 21,346 0 0 $0
Venkatesh Nathamuni May 4, 2024 M 4,177 0 0 $0
John C Carter July 28, 2023 M 19,163 0 0 $0
Scott Arnold Anderson Feb. 9, 2023 M 8,979 0 0 $0
Allan Hughes Feb. 6, 2023 A 6,930 0 0 $0
Thurman K Case Jan. 12, 2022 M 10,019 0 0 $0
Jodee Benson Nov. 7, 2021 M 8,026 0 0 $0
Alan R Schuele July 28, 2021 M 22,965 0 0 $0
Jason P Rhode Nov. 5, 2020 M 206,141 0 0 $0
Bradley J Fluke Feb. 28, 2020 M 4,187 0 0 $0
Randolph K Carlson Feb. 4, 2019 S 0 0 0 $0
Rashpal Sahota Nov. 4, 2018 M 3,643 0 0 $0
Christine King Aug. 3, 2018 A 17,270 0 0 $0
William D Sherman Aug. 2, 2018 S 3,144 0 0 $0
Susan Wang Feb. 23, 2015 M 0 0 0 $0
Eric C Smith Oct. 1, 2014 A 0 0 $0
Mark Hesketh Aug. 22, 2014 A 0 0 $0
Thomas Stein Aug. 1, 2014 M 8,247 0 0 $0
Timothy R Turk July 29, 2014 M 0 0 0 $0
Gregory L Brennan Aug. 9, 2012 M 6,881 0 0 $0
Michael L Hackworth Feb. 22, 2012 M 112,385 0 0 $0
Robert Henry Smith Oct. 24, 2011 P 283,797 0 0 $0
James D Guzy SR Feb. 8, 2011 S 38,782 0 0 $0
Will Cuellar Oct. 7, 2009 A 0 0 $0
Miroslav Dokic Oct. 7, 2009 A 0 0 $0
Gerald R Gray Dec. 2, 2008 J 416 0 0 $0
Suhas Patil Oct. 31, 2008 S 26,278 0 0 $0
John J Paulos Oct. 30, 2008 M 63,000 0 0 $0
Walden C Rhines July 25, 2008 A 20,000 0 0 $0
Terry M Leeder May 4, 2006 M 11,732 0 0 $0
Robert A Kromer May 3, 2006 M 7,500 0 0 $0
Keith Cheney March 1, 2006 A 1,500 0 0 $0
John T Kurtzweil March 1, 2006 A 4,458 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 4 positions

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
and ×2 filings June 23, 2008 Initial filing SEC
Alfred S. Teo; SSN: ###-##-####, Alfred Teo and Annie Teo Joint Tenants with Right of Survivorship; Alfred Teo SSN: ###-##-####; Annie Teo SSN: ###-##-####, Alpha Industries, Inc. Retirement Plan dated January 1, 1984, Alfred S. Teo, Trustee, Tax I.D., Alfred S. Teo IRA Rollover Tax ID # ###-##-####, Lambda Financial Service Corp. IRS I.D., Great Eastern Acquisition Corp. IRS I.D., M.A.A.A. Trust FBO Mark, Andrew, Alan, and Alfred Teo, Jr., Teren Seto Handelman, Trustee, Tax I.D. ×4 filings Sept. 27, 2004 Initial filing SEC
Alfred Teo; SSN: ###-##-####, Alfred Teo and Annie Teo Joint Tenants with Right of Survivorship; Alfred Teo SSN: ###-##-####; Annie Teo SSN: ###-##-####, Alpha Industries, Inc. Retirement Plan dated January 1, 1984, Alfred S. Teo, Trustee, Tax I.D., Alfred S. Teo IRA Rollover Tax ID # ###-##-####, Lambda Financial Service Corp. IRS I.D., Great Eastern Acquisition Corp. IRS I.D. ×3 filings Feb. 10, 2004 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Jan. 10, 2001 Initial filing SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 135 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
BRNY · EA Series Trust 4.77% 161,710 NS April 30, 2026 N-PORT
VLLU · Harbor ETF Trust 2.96% 789 NS April 30, 2026 N-PORT
EPSB · Harbor ETF Trust 2.26% 645 NS April 30, 2026 N-PORT
COWG · Pacer Funds Trust 1.62% 215,465 NS April 30, 2026 N-PORT
SAWS · ETF Series Solutions 1.38% 597 NS April 30, 2026 N-PORT
MCOW · Pacer Funds Trust 1.32% 80 NS April 30, 2026 N-PORT
FXL · First Trust Exchange-Traded AlphaDE… 1.23% 112,184 NS April 30, 2026 N-PORT
OASC · Unified Series Trust 1.10% 5,453 NS May 31, 2026 N-PORT
SMIZ · Zacks Trust 0.88% 13,324 NS May 31, 2026 N-PORT
LSVD · ADVISORS' INNER CIRCLE FUND 0.85% 31,670 NS April 30, 2026 N-PORT
CALF · Pacer Funds Trust 0.84% 177,502 NS April 30, 2026 N-PORT
AFMC · First Trust Exchange-Traded Fund VI… 0.81% 7,694 NS May 31, 2026 N-PORT
VERS · ProShares Trust 0.77% 330 NS May 31, 2026 N-PORT
FNY · First Trust Exchange-Traded AlphaDE… 0.60% 18,965 NS April 30, 2026 N-PORT
ROUS · Lattice Strategies Trust 0.54% 19,408 NS April 30, 2026 N-PORT
VUSE · ETF Series Solutions 0.53% 21,386 NS May 31, 2026 N-PORT
FLCC · Federated Hermes ETF Trust 0.49% 3,464 NS May 31, 2026 N-PORT
KRMA · Global X Funds 0.48% 3,419 NS May 31, 2026 N-PORT
ABOT · Abacus FCF ETF Trust 0.45% 122 NS April 30, 2026 N-PORT
TMFX · RBB Fund, Inc. 0.45% 848 NS May 31, 2026 N-PORT
FLOW · Global X Funds 0.41% 699 NS May 31, 2026 N-PORT
QGRO · AMERICAN CENTURY ETF TRUST 0.40% 52,197 NS May 31, 2026 N-PORT
JPME · J.P. Morgan Exchange-Traded Fund Tr… 0.40% 10,718 NS April 30, 2026 N-PORT
BKSE · BNY Mellon ETF Trust 0.37% 1,831 NS April 30, 2026 N-PORT
MIDE · DBX ETF Trust 0.34% 68 NS May 29, 2026 N-PORT
JPUS · J.P. Morgan Exchange-Traded Fund Tr… 0.31% 8,542 NS April 30, 2026 N-PORT
FNX · First Trust Exchange-Traded AlphaDE… 0.31% 25,164 NS April 30, 2026 N-PORT
BFOR · ALPS ETF Trust 0.30% 3,731 NS May 31, 2026 N-PORT
FLRG · FIDELITY COVINGTON TRUST 0.27% 4,749 NS April 30, 2026 N-PORT
QLV · FlexShares Trust 0.27% 2,821 NS April 30, 2026 N-PORT
FNDA · SCHWAB STRATEGIC TRUST 0.27% 139,384 NS May 31, 2026 N-PORT
JQUA · J.P. Morgan Exchange-Traded Fund Tr… 0.26% 119,721 NS April 30, 2026 N-PORT
JVAL · J.P. Morgan Exchange-Traded Fund Tr… 0.26% 11,515 NS April 30, 2026 N-PORT
DEUS · DBX ETF Trust 0.25% 4,019 NS May 29, 2026 N-PORT
JMOM · J.P. Morgan Exchange-Traded Fund Tr… 0.25% 33,209 NS April 30, 2026 N-PORT
PTMC · Pacer Funds Trust 0.24% 5,811 NS April 30, 2026 N-PORT
HQGO · Lattice Strategies Trust 0.24% 709 NS April 30, 2026 N-PORT
AVMV · AMERICAN CENTURY ETF TRUST 0.21% 7,732 NS May 31, 2026 N-PORT
FCPI · FIDELITY COVINGTON TRUST 0.20% 3,364 NS April 30, 2026 N-PORT
MVV · ProShares Trust 0.19% 1,764 NS May 31, 2026 N-PORT
SCHA · SCHWAB STRATEGIC TRUST 0.18% 244,892 NS May 31, 2026 N-PORT
FSMD · FIDELITY COVINGTON TRUST 0.18% 26,139 NS April 30, 2026 N-PORT
DFAS · Dimensional ETF Trust 0.18% 154,690 NS April 30, 2026 N-PORT
FAD · First Trust Exchange-Traded AlphaDE… 0.18% 5,216 NS April 30, 2026 N-PORT
BBMC · J.P. Morgan Exchange-Traded Fund Tr… 0.17% 21,537 NS April 30, 2026 N-PORT
MIDU · Direxion Shares ETF Trust 0.16% 845 NS April 30, 2026 N-PORT
SCHM · SCHWAB STRATEGIC TRUST 0.16% 137,883 NS May 31, 2026 N-PORT
VALQ · AMERICAN CENTURY ETF TRUST 0.16% 3,271 NS May 31, 2026 N-PORT
SMDX · Tidal Trust III 0.13% 1,030 NS April 30, 2026 N-PORT
UMDD · ProShares Trust 0.13% 246 NS May 31, 2026 N-PORT