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Synaptics (SYNA) Q1 FY26 earnings results (first quarter fiscal 2026)

10-Q filed Nov 6, 2025

Synaptics (SYNA) reported revenue of $292M for the first quarter fiscal 2026 (Q1 FY26), +14% from a year earlier and +3% from the quarter before. Operating margin was -7.9%, net loss $20.6M (7.0% of revenue).

Revenue$292M
Year over year+14%
Quarter over quarter+3%
Operating margin-7.9%
Net earnings−$20.6M

Synaptics, Q1 FY26: revenue $292M (+14% year over year), operating margin -7.9%, net loss $20.6M, operating cash flow $30.2M. The chart follows the revenue to costs, profit and cash.

Q1 FY26AmountQ/QY/Y
Revenue$292M+3%+14%
Operating profit−$23.2M——
Net earnings−$20.6M——
Operating cash flow$30.2M-47%—
Free cash flow$18.0M-64%—

What changed

Revenue was $292.5M in Q1 FY26, up 14% year over year and up 3% from the previous quarter.

Gross margin was 42.6%, down 4.3 points from a year earlier. Operating costs exceeded revenue by $23.2M, an operating margin of -7.9%. Operating expenses fell 1% while revenue rose 14%. The fastest-growing cost line was Research & development (+16%). The quarter ended with a net loss of $20.6M, wider than the previous quarter's $4.7M loss.

Operating cash flow was $30.2M. Non-cash charges added back $42.7M of depreciation and amortization and $36.7M of share-based compensation. Working capital and other items used $28.6M. Capital expenditures of $12.2M left free cash flow of $18.0M.

Questions

What was Synaptics' revenue in the first quarter fiscal 2026?

Synaptics (SYNA) reported revenue of $292M for the first quarter fiscal 2026 (Q1 FY26), +14% from a year earlier and +3% from the quarter before.

Was Synaptics profitable in the first quarter fiscal 2026?

Operating loss was $23.2M (-7.9% of revenue) and net loss $20.6M.

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Source: Synaptics 10-Q on SEC EDGAR.