Filing Flows › Synaptics (SYNA) › Q3 FY25
Synaptics (SYNA) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 8, 2025
Synaptics (SYNA) reported revenue of $267M for the third quarter fiscal 2025 (Q3 FY25), +12% from a year earlier and -0.2% from the quarter before. Operating margin was -9.9%, net loss $21.8M (8.2% of revenue).
Synaptics, Q3 FY25: revenue $267M (+12% year over year), operating margin -9.9%, net loss $21.8M, operating cash flow $73.4M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $267M | -0.2% | +12% |
| Operating profit | −$26.3M | — | — |
| Net earnings | −$21.8M | — | — |
| Operating cash flow | $73.4M | +222% | — |
| Free cash flow | $68.0M | +276% | — |
What changed
Revenue was $266.6M in Q3 FY25, up 12% year over year and roughly flat from the previous quarter.
Gross margin was 43.4%, down 3.0 points from a year earlier. Operating costs exceeded revenue by $26.3M, an operating margin of -9.9%. Operating expenses grew 11% against revenue growth of 12%. The fastest-growing cost line was Other operating costs (+395%). The quarter ended with a net loss of $21.8M, after a profit of $1.8M the previous quarter.
Operating cash flow was $73.4M. Non-cash charges added back $38.2M of depreciation and amortization and $19.9M of share-based compensation. Working capital and other items added $37.1M. Capital expenditures of $5.4M left free cash flow of $68.0M.
Questions
What was Synaptics' revenue in the third quarter fiscal 2025?
Synaptics (SYNA) reported revenue of $267M for the third quarter fiscal 2025 (Q3 FY25), +12% from a year earlier and -0.2% from the quarter before.
Was Synaptics profitable in the third quarter fiscal 2025?
Operating loss was $26.3M (-9.9% of revenue) and net loss $21.8M.
Source: Synaptics 10-Q on SEC EDGAR.