<span item_type="fundamental" item_id="86d59bc4ceba4131471342136d278efa" counter_id="ST/US/SYNA" env="prod"></span><span item_type="announcement" item_id="645943585849806721" env="prod"></span><p>Revenue: As of FY2026 Q3, the actual value is USD 294.2 M, beating the estimate of USD 290.53 M.</p><p>EPS: As of FY2026 Q3, the actual value is USD -0.21.</p><p></p><h4>Revenue and Sales</h4><p>Synaptics Incorporated reported net revenue of $294.2 million for the third quarter of fiscal 2026, marking a 10% increase year-over-year <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/817720/000081772026000035/syna-q3268kexx991.htm"></span>. Core IoT product sales grew by 31% year-over-year during the same period <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/817720/000081772026000035/syna-q3268kexx991.htm"></span>.</p><h4>Gross Margin</h4><p>GAAP gross margin for the quarter was 45.3% <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/817720/000081772026000035/syna-q3268kexx991.htm"></span>. Non-GAAP gross margin was 53.6% <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/817720/000081772026000035/syna-q3268kexx991.htm"></span>.</p><h4>Net Income/Loss</h4><p>Synaptics Incorporated reported a GAAP net loss of -$8.0 million for the third quarter of fiscal 2026 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/817720/000081772026000035/syna-q3268kexx991.htm"></span>. Non-GAAP net income for the quarter was $44.1 million <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/817720/000081772026000035/syna-q3268kexx991.htm"></span>.</p><h4>Operating Profit/Loss</h4><p>GAAP operating loss was -$12.7 million for the third quarter of fiscal 2026, compared to -$26.3 million for the prior year’s third quarter <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/817720/000081772026000035/syna-q3268kexx991.htm"></span>. Non-GAAP operating income was $53.1 million for the third quarter of fiscal 2026, an increase from $41.5 million in the third quarter of fiscal 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/817720/000081772026000035/syna-q3268kexx991.htm"></span>.</p><h4>Cash Flow (Nine Months Ended March 2026)</h4><p>Net cash provided by operating activities was $81.8 million for the nine months ended March 2026, compared to $84.8 million for the same period in the prior year <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/817720/000081772026000035/syna-q3268kexx991.htm"></span>. Net cash provided by investing activities was $25.3 million for the nine months ended March 2026, contrasting with net cash used in investing activities of -$289.0 million for the nine months ended March 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/817720/000081772026000035/syna-q3268kexx991.htm"></span>. Net cash used in financing activities was -$93.9 million for the nine months ended March 2026, compared to -$313.0 million for the nine months ended March 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/817720/000081772026000035/syna-q3268kexx991.htm"></span>.</p><h4>Balance Sheet Highlights (March 2026 vs. June 2025)</h4><p>Cash and cash equivalents stood at $404.4 million as of March 2026, up from $391.5 million as of June 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/817720/000081772026000035/syna-q3268kexx991.htm"></span>. Total assets were $2,522.4 million as of March 2026, compared to $2,584.4 million as of June 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/817720/000081772026000035/syna-q3268kexx991.htm"></span>. Total liabilities were $1,163.7 million as of March 2026, down from $1,189.5 million as of June 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/817720/000081772026000035/syna-q3268kexx991.htm"></span>.</p><h4>Operational Metrics</h4><p>Synaptics Incorporated achieved multiple additional design wins in Physical AI and robotics <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/817720/000081772026000035/syna-q3268kexx991.htm"></span>.</p><h4>Outlook / Guidance</h4><p>For the fourth quarter of fiscal 2026, Synaptics Incorporated expects revenue to be $305 million ± $10 million, with GAAP gross margin anticipated at 46.0% ± 2.0% and Non-GAAP gross margin at 53.5% ± 1.0% <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/817720/000081772026000035/syna-q3268kexx991.htm"></span>. The company projects GAAP operating expense of $146 million ± $4 million and Non-GAAP operating expense of $105 million ± $2 million <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/817720/000081772026000035/syna-q3268kexx991.htm"></span>. Based on the midpoint of this outlook, full year fiscal 2026 Core IoT revenue is expected to grow more than 40% year-over-year to over $385 million, reflecting sequential and year-over-year revenue growth for the June quarter <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/817720/000081772026000035/syna-q3268kexx991.htm"></span>.</p>

Synaptics | 8-K: FY2026 Q3 Revenue Beats Estimate at USD 294.2 M