)
Synaptics (SYNA) investor relations material
Synaptics Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q1 FY26 revenue reached $292.5 million, up 14% year-over-year, driven by a 74% increase in Core IoT revenue, while Mobile declined and Enterprise/Automotive was flat.
Non-GAAP EPS rose 35% year-over-year to $1.09, while GAAP EPS was a loss of $0.53 per share.
Launched next-generation Astra edge AI processors, marking a major milestone in edge AI strategy and securing early design wins.
Strong performance in processors, wireless connectivity, and mixed-signal technology, with expanding opportunities in edge AI and IoT markets.
Cash flow from operations was $30.2 million, and cash and equivalents ended at $459.9 million.
Financial highlights
Q1 FY26 revenue was $292.5 million, up from $257.7 million in Q1 FY25.
Non-GAAP gross margin was 53.2%; GAAP gross margin was 42.6%.
Non-GAAP operating margin was 17.6%, up 110 bps sequentially and 90 bps year-over-year.
Non-GAAP net income was $43.3 million; non-GAAP EPS was $1.09, up from $0.81 year-over-year.
Cash and short-term investments stood at $459.9 million at quarter end.
Outlook and guidance
Q2 FY26 revenue expected at $300 million midpoint (±$10 million), with Core IoT at 31%, Enterprise/Auto at 53%, and Mobile at 16%.
Non-GAAP gross margin expected at 53.5% midpoint (±1%); non-GAAP EPS guidance is $1.15 per share midpoint (±$0.15) on 40.4 million diluted shares.
FY26 Core IoT revenue growth expected at 25%-30%.
Guidance reflects steady demand, lean channel inventories, and a healthy backlog, but is subject to macroeconomic and trade risks.
Management expects the restructuring plan initiated in Q1 FY26 to be substantially completed by the end of Q2 FY26.
Next Synaptics earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)