Cirrus Logic secures $350M credit facility, reports Q4 and full-year 2026 results

Filed May 6, 2026 · Period ending May 4, 2026 · ~1 min read

Key Changes

• high

  Entered $350 million revolving credit facility with Wells Fargo, maturing May 2031, replacing prior credit agreement. Facility secured by substantially all company assets and guaranteed by material domestic subsidiaries.

  Item 1.01 verify on EDGAR →
• high

  Must maintain net leverage below 3.50x EBITDA (with up to $300M cash offset) and interest coverage above 3.00x EBITDA. These covenants restrict debt capacity and ensure sufficient earnings to cover interest payments.

  Item 1.01 verify on EDGAR →
• high

  Announced Q4 and full fiscal year 2026 financial results via press release and shareholder letter posted to company website, including non-GAAP metrics such as adjusted earnings, margins, and free cash flow.

  Item 2.02, 7.01 verify on EDGAR →