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Synaptics Inc (SYNA)
NASDAQ:SYNA
Earnings Data
Report Date
Apr 30, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
1.01Last Year’s EPS
0.9Same Quarter Last Year
Strong Buy
Based on 12 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong execution with solid top-line growth (+13% YoY), robust Core IoT momentum (+53% YoY), meaningful EPS and margin expansion (+32% EPS, operating margin +190 bps YoY) and clear product/technology progress (Astra sampling, Wi‑Fi 7/8 roadmap, robotics/humanoid engagements). Near-term caution comes from Q3 guidance below Q2 levels, a strategic rise in inventory (up $15M, days up to 101), modest operating cash flow ($30M) versus buybacks, and remaining supply-chain spot issues. Major upside from Astra and next-generation connectivity is expected but not revenue-accretive until calendar 2027. Overall, positive operational and product momentum outweighs near-term headwinds.Company Guidance
Top-Line Growth
Total company revenue of $302.5M in fiscal Q2, up 13% year-over-year and above the midpoint of guidance, marking the fifth consecutive quarter of double-digit YoY growth.
Core IoT Outperformance
Core IoT product revenue increased 53% year-over-year, driven primarily by strength in wireless connectivity products and comprising ~31% of Q2 revenue mix.
Earnings and Margin Expansion
Non-GAAP EPS rose 32% year-over-year to $1.21. Non-GAAP gross margin was 53.6% (slightly ahead of guidance midpoint) and non-GAAP operating margin improved to 19.2%, up ~160 basis points sequentially and ~190 basis points year-over-year. Non-GAAP net income was $48.4M.
Product and Technology Traction
Strong product momentum: Astra multimodal microprocessors and Astra MCUs are in sampling with customer interest across consumer and industrial markets; demonstrations at CES (including Google Gemma 3 running natively on Synaptics processors) and robotics/humanoid engagements indicate meaningful design traction. Synaptics is developing Wi‑Fi 7/8 and Bluetooth 6.0 connectivity; Wi‑Fi 8 sampling targeted by end of calendar year.
Strategic Operational Moves
Processors and connectivity teams combined to accelerate integrated Edge AI roadmap and product delivery, and multiple new products were announced/sampled (Astra MCU with integrated Wi‑Fi 7/Bluetooth 6.0/Thread and a stand-alone Synaptics connectivity SoC).
Capital Allocation and Liquidity
Ended Q2 with $437.4M in cash and cash equivalents. Executed share repurchases of $36.4M in Q2 ($43.6M year-to-date), demonstrating capital return activity while maintaining a strong cash balance.
SYNA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SYNA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 05, 2026 | $87.31 | $89.23 | +2.20% |
Nov 06, 2025 | $68.61 | $66.08 | -3.69% |
Aug 07, 2025 | $59.70 | $63.52 | +6.40% |
May 08, 2025 | $59.79 | $59.83 | +0.07% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Synaptics Inc (SYNA) report earnings?
Synaptics Inc (SYNA) is schdueled to report earning on Apr 30, 2026, After Close (Confirmed).
What is Synaptics Inc (SYNA) earnings time?
Synaptics Inc (SYNA) earnings time is at Apr 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SYNA EPS forecast?
SYNA EPS forecast for the fiscal quarter 2026 (Q3) is 1.01.
