Cirrus Logic, Inc. (CRUS) Q2 2025 Earnings Call Transcript Summary
Cirrus Logic, Inc. (CRUS) Q2 2025 Earnings Call Transcript Summary
Non-GAAP operating income reached $156.2 million, 28.8% of revenue, with record earnings per share of $2.25 for the quarter.The following is a summary of the Cirrus Logic, Inc. (CRUS) Q2 2025 Earnings Call Transcript:
以下是Cirrus Logic, Inc.（CRUS）2025年第二季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Cirrus Logic reported a record Q2 FY 2025 revenue of $541.9 million, an increase of 13% year-over-year, primarily driven by higher smartphone unit volumes and next generation products.
Non-GAAP gross profit for Q2 was $282.9 million, with a gross margin of 52.2%, a year-over-year increase of 90 basis points, attributed to favorable product mix offset partially by higher supply chain costs.
Non-GAAP operating income reached $156.2 million, 28.8% of revenue, with record earnings per share of $2.25 for the quarter.
Cirrus Logic报告称，2025财年第二季度收入创下了创纪录的5.419亿美元，同比增长13％，这主要是由智能手机销量和下一代产品的增加所推动的。
第二季度非公认会计准则毛利为2.829亿美元，毛利率为52.2％，同比增长90个基点，这要归因于良好的产品组合被供应链成本的上涨部分抵消。
非公认会计准则营业收入达到1.562亿美元，占收入的28.8％，本季度创纪录的每股收益为2.25美元。
Business Progress:
业务进展：
Shipping next generation custom boosted amplifier and first 22 nm smart codec, reflecting improvements in power efficiency and audio quality in smartphones.
Growth in high-performance mixed signal solutions, notably in camera controllers, with increased value and upcoming smartphone features.
Expansion into laptops with significant wins, including a high-volume mainstream design and multiple components in Tier 1 devices, showcasing the potential for growth beyond smartphones.
推出下一代定制增强型放大器和首款22 nm智能编解码器，反映了智能手机功率效率和音频质量的提高。
高性能混合信号解决方案的增长，尤其是相机控制器的增长，其价值和即将推出的智能手机功能。
扩展到笔记本电脑取得了重大胜利，包括大批量主流设计和一级设备中的多个组件，展示了智能手机以外的增长潜力。
Opportunities:
机会：
Opportunities to grow smartphone content with new high-performance mixed signal components and advanced camera controllers, as well as expansion into the PC/laptop market with new components designed for audio playback and power efficiency.
Anticipation of future growth from investments in R&D focusing on advanced power sensing and battery-related technologies.
有机会利用新的高性能混合信号组件和先进的摄像头控制器来增加智能手机的内容，并利用专为音频播放和能效而设计的新组件扩展到个人电脑/笔记本电脑市场。
对以先进功率传感和电池相关技术为重点的研发投资对未来增长的预期。
Risks:
风险：
Inventory build-up expected to increase in FY '26 under wafer purchase commitments with GlobalFoundries, which requires careful management given current market conditions.
根据GlobalFoundries的晶圆购买承诺，预计26财年的库存积累将增加，鉴于当前的市场状况，这需要谨慎管理。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
小贴士：本文由 AI 生成。无法完全保证内容的准确性。如需更全面的详情，请访问投资者关系网站。本文仅供投资者参考，不提供任何指导或建议建议。
