SYNA

MKT CAP:$4B

Synaptics Incorporated

Market Cap

$4B

Technology·Semiconductors·🇺🇸 United States·NASDAQ

Technology·Semiconductors·🇺🇸·NASDAQ

Stock Price

$83.06+$7.32 (+9.66%)

Apr 20, 2026

Company Details

Synaptics Incorporated develops, markets, and sells semiconductor product solutions worldwide. The company offers AudioSmart for voice and audio processing; ConnectSmart for high-speed video/audio/data connectivity; DisplayLink for transmit...

CEO

Rahul G. Patel

IPO Date

Jan 29, 2002

Website

www.synaptics.com

Key Metrics TTM

Revenue

$1.1B

+13.2% YoY

Net Income

-$45M

EPS (Diluted)

-$1.15

Free Cash Flow

$145M

Revenue / Share

$28.22

Gross Margin

43.6%

Operating Margin

-8.0%

Net Margin

-4.1%

FCF Margin

13.0%

P/S

3.3x

P/E

—

Earnings Reports

Q2 2026

May 14, 2026

PENDING

Q1 2026

Nov 6, 2025

$293M+13.5%EPS -$0.52

FY 2025

Aug 21, 2025

$1.1B+12.0%EPS -$1.22

Q4 2025

Aug 21, 2025

$283M+14.3%EPS -$0.12

Q3 2025

May 8, 2025

$267M+12.3%EPS -$0.56

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$421M	$225M	$78M
Q3 22	$470M	$254M	$88M
Q4 22	$476M	$266M	$124M
Q1 23	$448M	$256M	$112M
Q2 23	$353M	$187M	$46M
Q3 23	$327M	$172M	$34M
Q4 23	$227M	$101M	-$38M
Q1 24	$238M	$107M	-$35M
Q2 24	$237M	$109M	-$18M
Q3 24	$237M	$110M	-$17M
Q4 24	$247M	$113M	-$31M
Q1 25	$258M	$121M	-$28M
Q2 25	$267M	$122M	-$15M
Q3 25	$267M	$116M	-$26M
Q4 25	$283M	$122M	-$24M
Q1 26	$293M	$125M	-$23M

Valuation

Quarter	P/S	P/E
Q2 22	2.5x	25.4x
Q3 22	2.3x	18.7x
Q4 22	2.1x	14.0x
Q1 23	2.0x	12.8x
Q2 23	2.1x	15.4x
Q3 23	2.3x	20.1x
Q4 23	2.7x	49.1x
Q1 24	3.2x	—
Q2 24	3.5x	—
Q3 24	3.8x	—
Q4 24	3.8x	28.8x
Q1 25	3.7x	22.9x
Q2 25	3.6x	21.4x
Q3 25	3.5x	21.9x
Q4 25	3.4x	—
Q1 26	3.3x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 22	$122M	$114M
Q3 22	$128M	$114M
Q4 22	$154M	$120M
Q1 23	$79M	$72M
Q2 23	$50M	$40M
Q3 23	$109M	$95M
Q4 23	$95M	$88M
Q1 24	$45M	-$91M
Q2 24	$39M	$29M
Q3 24	-$14M	-$23M
Q4 24	$65M	$54M
Q1 25	-$11M	-$21M
Q2 25	$23M	$18M
Q3 25	$73M	$58M
Q4 25	$57M	$51M
Q1 26	$30M	$18M

Capital Expenditures

Quarter	CapEx
Q2 22	$9M
Q3 22	$14M
Q4 22	$34M
Q1 23	$6M
Q2 23	$10M
Q3 23	$14M
Q4 23	$6M
Q1 24	$137M
Q2 24	$10M
Q3 24	$9M
Q4 24	$12M
Q1 25	$9M
Q2 25	$5M
Q3 25	$15M
Q4 25	$7M
Q1 26	$12M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+17.6%	+14.6%
Q3 22	+44.3%	+29.8%
Q4 22	+45.3%	+27.2%
Q1 23	+20.2%	+7.7%
Q2 23	-16.0%	-10.5%
Q3 23	-30.5%	-23.5%
Q4 23	-52.3%	-24.7%
Q1 24	-47.0%	-18.8%
Q2 24	-32.9%	-17.0%
Q3 24	-27.3%	-12.9%
Q4 24	+8.8%	+5.0%
Q1 25	+8.4%	+4.8%
Q2 25	+12.7%	+10.8%
Q3 25	+12.3%	+15.0%
Q4 25	+14.3%	+10.2%
Q1 26	+13.5%	+10.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 22	$0	0.0%
Q3 22	$26M	5.6%
Q4 22	$27M	—
Q1 23	$31M	6.8%
Q2 23	$31M	8.9%
Q3 23	$30M	9.1%
Q4 23	$30M	—
Q1 24	$33M	14.0%
Q2 24	$29M	12.3%
Q3 24	$30M	12.6%
Q4 24	$27M	10.7%
Q1 25	$27M	10.6%
Q2 25	$35M	12.9%
Q3 25	$20M	7.5%
Q4 25	$31M	11.0%
Q1 26	$37M	12.5%

OpEx Breakdown

Quarter	R&D	SG&A
Q2 22	$89M	—
Q3 22	$98M	—
Q4 22	$94M	—
Q1 23	$90M	—
Q2 23	$89M	—
Q3 23	$88M	—
Q4 23	$85M	$46M
Q1 24	$87M	—
Q2 24	$82M	—
Q3 24	$83M	—
Q4 24	$100M	$39M
Q1 25	$81M	—
Q2 25	$83M	—
Q3 25	$89M	—
Q4 25	$94M	—
Q1 26	$94M	—

Revenue Segments

Quarter	Internet Of Things Product Applications	Mobile Product Applications	Pc Product Applications	Enterprise And Automotive Product Applications
Q2 22	$262M	$76M	$83M	—
Q3 22	$302M	$78M	$90M	—
Q1 23	$343M	$40M	$65M	—
Q2 23	$239M	$57M	$57M	—
Q3 23	$232M	$42M	$53M	—
Q1 24	$39M	$44M	—	$155M
Q2 24	$38M	$63M	—	$137M
Q3 24	$47M	$55M	—	$135M
Q4 24	$54M	$49M	—	$144M
Q1 25	$60M	$51M	—	$148M
Q2 25	$61M	$47M	—	$159M
Q3 25	$68M	$45M	—	$154M
Q4 25	$84M	$49M	—	$150M
Q1 26	$94M	$41M	—	$148M

Revenue by Geography

Quarter	China	Japan	Korea, Republic Of	Other Foreign Country	Taiwan, Province Of China	United States	Taiwan	Viet Nam
Q2 22	$142M	$120M	$11M	$17M	$128M	$4M	—	—
Q3 22	$171M	$128M	$9M	$17M	$140M	$5M	—	—
Q1 23	$115M	$106M	$6M	$37M	—	$4M	$181M	—
Q2 23	$132M	$91M	$12M	$32M	—	$2M	$85M	—
Q3 23	$153M	$69M	$6M	$30M	—	$200.0K	$69M	—
Q1 24	$107M	$53M	$12M	$14M	—	$16M	$37M	—
Q2 24	$106M	$57M	$15M	$8M	—	$2M	$50M	—
Q3 24	$102M	$48M	$16M	$14M	—	$3M	$55M	—
Q4 24	$121M	$35M	$17M	-$200.0K	—	$1M	$60M	$14M
Q1 25	$128M	$38M	$15M	$11M	—	$2M	$64M	—
Q2 25	$112M	$44M	$19M	$13M	—	$3M	$77M	—
Q3 25	$113M	$29M	$18M	$19M	—	$1M	$86M	—
Q4 25	$140M	$27M	$20M	$15M	—	$2M	$80M	—
Q1 26	$142M	$28M	$12M	$15M	—	$1M	$94M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 22	$690M	$65M	$755M
Q4 22	$824M	$52M	$876M
Q1 23	$868M	$44M	$912M
Q2 23	$819M	$40M	$859M
Q3 23	$898M	$36M	$934M
Q4 23	$925M	$10M	$934M
Q1 24	$801M	$23M	$824M
Q2 24	$846M	$3M	$849M
Q3 24	$828M	$500.0K	$829M
Q4 24	$877M	$0	$877M
Q1 25	$854M	$0	$854M
Q2 25	$596M	$0	$596M
Q3 25	$360M	$61M	$421M
Q4 25	$392M	$61M	$453M
Q1 26	$460M	$0	$460M
Q2 26	$437M	$0	$437M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	41M	+0.2%	+11.5%
Q3 22	41M	0.0%	+4.1%
Q4 22	41M	-0.2%	+2.0%
Q1 23	41M	+0.2%	+0.2%
Q2 23	40M	-1.2%	-1.2%
Q3 23	40M	-0.7%	-2.0%
Q4 23	40M	-0.3%	-2.0%
Q1 24	39M	-2.5%	-4.7%
Q2 24	39M	+1.0%	-2.5%
Q3 24	39M	+0.3%	-1.5%
Q4 24	40M	+1.5%	+0.3%
Q1 25	40M	0.0%	+2.8%
Q2 25	40M	-0.3%	+1.5%
Q3 25	39M	-2.0%	-0.8%
Q4 25	39M	-1.0%	-3.3%
Q1 26	39M	+1.8%	-1.5%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$387.6K	1K
Q3 22	$433.3K	1K
Q4 22	$362.6K	1K
Q1 23	$341.0K	1K
Q2 23	$268.7K	1K
Q3 23	$248.6K	1K
Q4 23	$120.2K	2K
Q1 24	$125.7K	2K
Q2 24	$125.3K	2K
Q3 24	$125.5K	2K
Q4 24	$144.2K	2K
Q1 25	$150.2K	2K
Q2 25	$155.7K	2K
Q3 25	$155.4K	2K
Q4 25	$166.4K	2K
Q1 26	$172.1K	2K

Revenue / Employee