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Synaptics (SYNA) Q3 FY26 earnings results (third quarter fiscal 2026)

10-Q filed May 7, 2026

Synaptics (SYNA) reported revenue of $294M for the third quarter fiscal 2026 (Q3 FY26), +10% from a year earlier and -3% from the quarter before. Operating margin was -4.3%, net loss $8.0M (2.7% of revenue).

Revenue$294M
Year over year+10%
Quarter over quarter-3%
Operating margin-4.3%
Net earnings−$8.0M

Synaptics, Q3 FY26: revenue $294M (+10% year over year), operating margin -4.3%, net loss $8.0M, operating cash flow $21.8M. The chart follows the revenue to costs, profit and cash.

Q3 FY26AmountQ/QY/Y
Revenue$294M-3%+10%
Operating profit−$12.7M——
Net earnings−$8.0M——
Operating cash flow$21.8M-27%-70%
Free cash flow$9.9M-46%-85%

What changed

Revenue was $294.2M in Q3 FY26, up 10% year over year and down 3% from the previous quarter.

Gross margin was 45.3%, up 1.9 points from Q3 FY25. Operating costs exceeded revenue by $12.7M, an operating margin of -4.3%. Operating expenses grew 3% against revenue growth of 10%. The fastest-growing cost line was SG&A (+43%). The quarter ended with a net loss of $8.0M, narrower than the previous quarter's $14.8M loss.

Operating cash flow was $21.8M (down 70% year over year). Non-cash charges added back $33.9M of depreciation and amortization and $39.7M of share-based compensation. Working capital and other items used $43.8M. Capital expenditures of $11.9M left free cash flow of $9.9M.

Questions

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

Synaptics (SYNA) reported revenue of $294M for the third quarter fiscal 2026 (Q3 FY26), +10% from a year earlier and -3% from the quarter before.

Was Synaptics profitable in the third quarter fiscal 2026?

Operating loss was $12.7M (-4.3% of revenue) and net loss $8.0M.

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Source: Synaptics 10-Q on SEC EDGAR.