Company: CRUS
Filing Date: 2025-05-23
Form Type: 10-K
Source: 0000772406-25-000014
Chunk: 59

Company: CIRRUS LOGIC, INC.
Filing Date: 2025-05-23
Form: 10-K
Item: Item 2
Chunk 59
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ITEM 2.  Properties

As of March 29, 2025, our principal facilities are located in Austin, Texas and Edinburgh, Scotland, United Kingdom. The Austin facilities, which we own, consist of approximately 155,000 square feet of office space and are primarily occupied by research and development personnel and testing equipment.  We also have leased facilities in Austin, Texas, consist of approximately 280,000 square feet that house a mixture of administrative personnel as well as research and development personnel. Additionally, we lease approximately 125,000 square feet of office space and high quality lab space in Edinburgh, Scotland, United Kingdom.  See further details below in Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operation.

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Table of Contents 

Below is a schedule that identifies our principal locations of occupied leased and owned property as of March 29, 2025, with various contractual lease terms through calendar year 2048.  We believe that these facilities are suitable and adequate to meet our current operating needs.

 Design Centers    Sales Support Offices – InternationalAustin, Texas    Beijing, ChinaChandler, Arizona    Shanghai, ChinaCupertino, CaliforniaShenzhen, ChinaGreensboro, North Carolina    Tokyo, JapanEdinburgh, Scotland, United KingdomSingaporeNewbury, England, United Kingdom    Seoul, South Korea    Taipei, Taiwan

See Note 10 — Leases of the Notes to Consolidated Financial Statements contained in Item 8 for further detail.