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Synaptics (SYNA) Q2 FY26 earnings results (second quarter fiscal 2026)

10-Q filed Feb 5, 2026

Synaptics (SYNA) reported revenue of $302M for the second quarter fiscal 2026 (Q2 FY26), +13% from a year earlier and +3% from the quarter before. Operating margin was -5.0%, net loss $14.8M (4.9% of revenue).

Revenue$302M
Year over year+13%
Quarter over quarter+3%
Operating margin-5.0%
Net earnings−$14.8M

Synaptics, Q2 FY26: revenue $302M (+13% year over year), operating margin -5.0%, net loss $14.8M, operating cash flow $29.8M. The chart follows the revenue to costs, profit and cash.

Q2 FY26AmountQ/QY/Y
Revenue$302M+3%+13%
Operating profit−$15.1M——
Net earnings−$14.8M——
Operating cash flow$29.8M-1%+31%
Free cash flow$18.2M+1%+0.6%

What changed

Revenue was $302.5M in Q2 FY26, up 13% year over year and up 3% from the previous quarter.

Gross margin was 43.5%, down 2.2 points from a year earlier. Operating costs exceeded revenue by $15.1M, an operating margin of -5.0%. Operating expenses grew 7% against revenue growth of 13%. The fastest-growing cost line was Research & development (+14%). The quarter ended with a net loss of $14.8M, narrower than the previous quarter's $20.6M loss.

Operating cash flow was $29.8M (up 31% year over year). Non-cash charges added back $41.6M of depreciation and amortization and $38.7M of share-based compensation. Working capital and other items used $35.7M. Capital expenditures of $11.6M left free cash flow of $18.2M.

Questions

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

Synaptics (SYNA) reported revenue of $302M for the second quarter fiscal 2026 (Q2 FY26), +13% from a year earlier and +3% from the quarter before.

Was Synaptics profitable in the second quarter fiscal 2026?

Operating loss was $15.1M (-5.0% of revenue) and net loss $14.8M.

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Source: Synaptics 10-Q on SEC EDGAR.