Quarterly ResultAug 6, 2026, 04:24 PM
Synaptics FY26 Revenue $1.2B, Core IoT Sales +43%; Q4 EPS $1.23
AI Summary
Synaptics reported strong financial results for fiscal year 2026, with revenue increasing 11% to $1.2 billion, driven by a 43% year-over-year growth in Core IoT product sales. For the fourth quarter, revenue was $308.0 million, and non-GAAP diluted earnings per share were $1.23. The company also noted its pending acquisition by onsemi, which will lead to no further earnings calls or financial outlook.
Key Highlights
- Fiscal Year 2026 Revenue: $1.2 billion, an 11% increase year-over-year.
- Fiscal Year 2026 Core IoT product sales grew 43% year-over-year.
- Q4 2026 Revenue: $308.0 million, up 9% year-over-year.
- Q4 2026 Non-GAAP diluted EPS: $1.23.
- Fiscal Year 2026 Non-GAAP diluted EPS: $4.58, a 27% increase.
- Repurchased $92.7 million (approx. 1.3 million shares) in FY26.
- Q4 2026 Non-GAAP gross margin: 54.5%.
- Pending acquisition by onsemi, announced June 25, 2026.
Price Impact
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