Company: CRUS
Filing Date: 2025-05-23
Form Type: 10-K
Source: 0000772406-25-000014
Chunk: 74

Company: CIRRUS LOGIC, INC.
Filing Date: 2025-05-23
Form: 10-K
Item: Item 8
Chunk 74
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ITEM 8.  Financial Statements and Supplementary Data

Index to Consolidated Financial Statements

 Reports of Independent Registered Public Accounting Firm (PCAOB ID: 42 )39Consolidated Balance Sheets as of March 29, 2025 and March 30, 202442Consolidated Statements of Income for the Fiscal Years Ended March 29, 2025, March 30, 2024, and March 25, 202343Consolidated Statements of Comprehensive Income for the Fiscal Years Ended March 29, 2025, March 30, 2024, and March 25, 202344Consolidated Statements of Cash Flows for the Fiscal Years Ended March 29, 2025, March 30, 2024, and March 25, 202345Consolidated Statements of Stockholders’ Equity for the Fiscal Years Ended March 29, 2025, March 30, 2024, and March 25, 202346Notes to Consolidated Financial Statements47

38

Table of Contents 

Report of Independent Registered Public Accounting Firm

To the Stockholders and the Board of Directors of Cirrus Logic, Inc.

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheets of Cirrus Logic, Inc. (the Company) as of March 29, 2025 and March 30, 2024, the related consolidated statements of income, comprehensive income, stockholders’ equity, and cash flows for each of the three fiscal years in the period ended March 29, 2025, and the related notes (collectively referred to as the “consolidated financial statements”).  In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company at March 29, 2025 and March 30, 2024, and the results of its operations and its cash flows for each of the three fiscal years in the period ended March 29, 2025, in conformity with U.S. generally accepted accounting principles. 

We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company’s internal control over financial reporting as of March 29, 2025, based on criteria established in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework) and our report dated May 23, 2025 expressed an