Cirrus Logic Inc (CRUS)

Gross profit margin

		Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Sep 23, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020
Gross profit (ttm)	US$ in thousands	996,038	963,900	983,577	947,583	1,005,254	970,043	838,933	889,042	913,732	956,979	1,029,354	1,022,171	986,329	923,641	813,031	775,009	719,775	707,301	705,417	651,422
Revenue (ttm)	US$ in thousands	1,896,077	1,843,448	1,906,694	1,845,900	1,952,694	1,897,883	1,651,721	1,761,240	1,820,994	1,897,617	2,014,767	1,972,534	1,897,846	1,781,460	1,585,025	1,522,471	1,403,910	1,369,230	1,354,984	1,243,857
Gross profit margin		52.53%	52.29%	51.59%	51.33%	51.48%	51.11%	50.79%	50.48%	50.18%	50.43%	51.09%	51.82%	51.97%	51.85%	51.29%	50.90%	51.27%	51.66%	52.06%	52.37%

March 31, 2025 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $996,038K ÷ $1,896,077K
= 52.53%

Cirrus Logic Inc's gross profit margin has shown slight fluctuations over the past few quarters, ranging from a high of 52.53% as of March 31, 2025, to a low of 50.18% as of June 30, 2023. Despite the variations, the trend appears relatively stable, with the margin hovering around the low 50s percentage range.

A sustained gross profit margin above 50% indicates that Cirrus Logic Inc is effectively managing its production costs relative to its revenue. The gradual increase in the margin from around 50% in mid-2023 to above 52% in recent quarters suggests potential improvements in cost efficiency or pricing strategies.

It's important for the company to continue monitoring and analyzing its gross profit margin to ensure ongoing operational efficiency and profitability. Additionally, comparing the margin with industry peers and historical performance can provide valuable insights into Cirrus Logic Inc's competitiveness and financial health.