Quarterly ResultMay 7, 2026, 04:23 PM
Synaptics Q3 Revenue $294.2M, up 10% YoY; Non-GAAP EPS $1.09
AI Summary
Synaptics reported third-quarter fiscal 2026 financial results with revenue of $294.2 million, a 10% increase year-over-year. Core IoT product sales significantly grew by 31% year-over-year. The company achieved a non-GAAP diluted earnings per share of $1.09 and provided a positive outlook for the fourth quarter of fiscal 2026, expecting continued sequential and year-over-year revenue growth.
Key Highlights
- Q3 fiscal 2026 revenue was $294.2 million, up 10% year-over-year.
- Core IoT product sales increased 31% year-over-year in Q3.
- Non-GAAP diluted earnings per share for Q3 was $1.09.
- GAAP net loss for Q3 was $8.0 million, or $0.21 per basic share.
- Non-GAAP gross margin for Q3 was 53.6%.
- Full year fiscal 2026 Core IoT revenue is expected to grow over 40% to over $385 million.
- Q4 fiscal 2026 revenue guidance is $305 million \u00b1 $10 million.
- Q4 fiscal 2026 non-GAAP diluted EPS guidance is $1.20 \u00b1 $0.15.