This page shows Synaptics Inc (SYNA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Synaptics Inc has an operating margin of -8.8%, meaning the company retains $-9 of operating profit per $100 of revenue. This below-average margin results in a low score of 3/100, suggesting thin profitability after operating expenses. This is down from 11.4% the prior year.
Synaptics Inc's revenue declined 20.7% year-over-year, from $1.4B to $1.1B. This contraction results in a growth score of 0/100.
Synaptics Inc carries a low D/E ratio of 0.60, meaning only $0.60 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 90/100, indicating a strong balance sheet with room for future borrowing.
Synaptics Inc's current ratio of 2.78 indicates adequate short-term liquidity, earning a score of 53/100. The company can meet its near-term obligations, though with limited headroom.
Synaptics Inc has a free cash flow margin of 10.8%, earning a moderate score of 52/100. The company generates positive cash flow after capital investments, but with room for improvement.
Synaptics Inc generates a -3.4% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 3/100. This is down from 5.9% the prior year.
Synaptics Inc passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Synaptics Inc generates $-2.97 in operating cash flow ($142.0M OCF vs -$47.8M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Synaptics Inc earns $-1.4 in operating income for every $1 of interest expense (-$94.1M vs $65.3M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Synaptics Inc generated $1.1B in revenue in fiscal year 2025. This represents a decrease of 20.7% from the prior year.
Synaptics Inc's EBITDA was -$66.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 136.6% from the prior year.
Synaptics Inc reported -$47.8M in net income in fiscal year 2025. This represents a decrease of 164.9% from the prior year.
Synaptics Inc earned $-1.22 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 166.7% from the prior year.
Cash & Balance Sheet
Synaptics Inc generated $116.2M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 60.9% from the prior year.
Synaptics Inc held $391.5M in cash against $834.8M in long-term debt as of fiscal year 2025.
Synaptics Inc had 39M shares outstanding in fiscal year 2025. This represents an increase of 0.2% from the prior year.
Margins & Returns
Synaptics Inc's gross margin was 44.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 8.1 percentage points from the prior year.
Synaptics Inc's operating margin was -8.8% in fiscal year 2025, reflecting core business profitability. This is down 20.2 percentage points from the prior year.
Synaptics Inc's net profit margin was -4.5% in fiscal year 2025, showing the share of revenue converted to profit. This is down 9.9 percentage points from the prior year.
Synaptics Inc's ROE was -3.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 9.3 percentage points from the prior year.
Capital Allocation
Synaptics Inc invested $346.8M in research and development in fiscal year 2025. This represents a decrease of 1.3% from the prior year.
Synaptics Inc spent $128.3M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 30.1% from the prior year.
Synaptics Inc invested $25.8M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 24.6% from the prior year.
SYNA Income Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $302.5M+3.4% | $292.5M+3.4% | $282.8M+6.1% | $266.6M-0.2% | $267.2M+3.7% | $257.7M | N/A | $237.3M |
| Cost of Revenue | $170.8M+1.7% | $167.9M+4.1% | $161.3M+7.0% | $150.8M+4.0% | $145.0M+6.0% | $136.8M | N/A | $127.0M |
| Gross Profit | $131.7M+5.7% | $124.6M+2.6% | $121.5M+4.9% | $115.8M-5.2% | $122.2M+1.1% | $120.9M | N/A | $110.3M |
| R&D Expenses | $95.1M+0.7% | $94.4M+0.9% | $93.6M+5.6% | $88.6M+6.4% | $83.3M+2.5% | $81.3M | N/A | $83.4M |
| SG&A Expenses | $47.8M+3.5% | $46.2M+0.2% | $46.1M+32.9% | $34.7M-29.9% | $49.5M-1.0% | $50.0M | N/A | $40.5M |
| Operating Income | -$15.1M+34.9% | -$23.2M+4.1% | -$24.2M+8.0% | -$26.3M-73.0% | -$15.2M+46.5% | -$28.4M | N/A | -$17.4M |
| Interest Expense | N/A | N/A | $35.6M+524.6% | $5.7M-53.7% | $12.3M+5.1% | $11.7M | N/A | $11.9M |
| Income Tax | -$2.7M-28.6% | -$2.1M+90.0% | -$21.1M-276.8% | -$5.6M+79.9% | -$27.8M-148.2% | -$11.2M | N/A | -$5.2M |
| Net Income | -$14.8M+28.2% | -$20.6M-338.3% | -$4.7M+78.4% | -$21.8M-1311.1% | $1.8M+107.8% | -$23.1M | N/A | -$18.1M |
| EPS (Diluted) | $-0.38+28.3% | $-0.53 | N/A | $-0.56-1220.0% | $0.05+108.6% | $-0.58 | N/A | $-0.46 |
SYNA Balance Sheet
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.6B-0.5% | $2.6B-0.3% | $2.6B+1.2% | $2.6B+1.1% | $2.5B-9.4% | $2.8B-1.2% | $2.8B+11.2% | $2.5B |
| Current Assets | $771.0M+2.9% | $749.0M-0.4% | $751.9M+5.5% | $712.6M-20.0% | $890.5M-21.9% | $1.1B-1.9% | $1.2B+3.5% | $1.1B |
| Cash & Equivalents | $437.4M-4.9% | $459.9M+17.5% | $391.5M+8.6% | $360.4M-39.5% | $596.1M-30.2% | $853.6M-2.7% | $876.9M+5.9% | $828.1M |
| Inventory | $158.0M+10.4% | $143.1M+2.6% | $139.5M+5.0% | $132.9M+11.2% | $119.5M-0.1% | $119.6M+4.9% | $114.0M-0.1% | $114.1M |
| Accounts Receivable | $132.7M+11.0% | $119.5M-8.3% | $130.3M-1.3% | $132.0M-9.9% | $146.5M+7.9% | $135.8M-4.6% | $142.4M-1.6% | $144.7M |
| Goodwill | $872.3M0.0% | $872.3M0.0% | $872.3M0.0% | $872.3M+6.4% | $819.9M+0.4% | $816.4M0.0% | $816.4M0.0% | $816.4M |
| Total Liabilities | $1.2B+0.3% | $1.2B-1.1% | $1.2B+1.9% | $1.2B+1.4% | $1.2B-13.0% | $1.3B-2.5% | $1.4B+4.1% | $1.3B |
| Current Liabilities | $263.4M+0.5% | $262.0M-3.3% | $270.9M+9.5% | $247.5M+7.7% | $229.8M-9.5% | $253.9M-8.4% | $277.2M+31.4% | $210.9M |
| Long-Term Debt | $836.0M+0.1% | $835.4M+0.1% | $834.8M+0.1% | $834.2M+0.2% | $832.5M-13.8% | $965.9M-0.1% | $966.9M-0.1% | $967.7M |
| Total Equity | $1.4B-1.2% | $1.4B+0.4% | $1.4B+0.6% | $1.4B+0.8% | $1.4B-6.2% | $1.5B0.0% | $1.5B+18.7% | $1.2B |
| Retained Earnings | $1.2B-1.3% | $1.2B-1.7% | $1.2B-0.4% | $1.2B-1.8% | $1.2B+0.1% | $1.2B-1.9% | $1.2B+20.2% | $1.0B |
SYNA Cash Flow Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $29.8M-1.3% | $30.2M-47.2% | $57.2M-22.1% | $73.4M+221.9% | $22.8M+300.0% | -$11.4M | N/A | -$13.7M |
| Capital Expenditures | $11.6M-4.9% | $12.2M+84.8% | $6.6M+22.2% | $5.4M+14.9% | $4.7M-48.4% | $9.1M | N/A | $9.0M |
| Free Cash Flow | $18.2M+1.1% | $18.0M-64.4% | $50.6M-25.6% | $68.0M+275.7% | $18.1M+188.3% | -$20.5M | N/A | -$22.7M |
| Investing Cash Flow | -$11.6M-123.8% | $48.8M+648.3% | -$8.9M+96.8% | -$274.4M-4889.1% | -$5.5M+39.6% | -$9.1M | N/A | -$6.9M |
| Financing Cash Flow | -$40.7M-291.3% | -$10.4M+43.5% | -$18.4M+47.1% | -$34.8M+87.3% | -$274.7M-7748.6% | -$3.5M | N/A | $3.5M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $36.4M+405.6% | $7.2M-55.0% | $16.0M-57.7% | $37.8M-49.3% | $74.5M | $0 | N/A | $0 |
SYNA Financial Ratios
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 43.5%+0.9pp | 42.6%-0.4pp | 43.0%-0.5pp | 43.4%-2.3pp | 45.7%-1.2pp | 46.9% | N/A | 46.5% |
| Operating Margin | -5.0%+2.9pp | -7.9%+0.6pp | -8.6%+1.3pp | -9.9%-4.2pp | -5.7%+5.3pp | -11.0% | N/A | -7.3% |
| Net Margin | -4.9%+2.2pp | -7.0%-5.4pp | -1.7%+6.5pp | -8.2%-8.8pp | 0.7%+9.6pp | -9.0% | N/A | -7.6% |
| Return on Equity | -1.1%+0.4pp | -1.5%-1.1pp | -0.3%+1.2pp | -1.6%-1.7pp | 0.1%+1.7pp | -1.6% | N/A | -1.5% |
| Return on Assets | -0.6%+0.2pp | -0.8%-0.6pp | -0.2%+0.7pp | -0.9%-0.9pp | 0.1%+0.9pp | -0.8% | N/A | -0.7% |
| Current Ratio | 2.93+0.1 | 2.86+0.1 | 2.78-0.1 | 2.88-1.0 | 3.88-0.6 | 4.49+0.3 | 4.19-1.1 | 5.32 |
| Debt-to-Equity | 0.600.0 | 0.600.0 | 0.600.0 | 0.600.0 | 0.60-0.1 | 0.660.0 | 0.66-0.1 | 0.78 |
| FCF Margin | 6.0%-0.1pp | 6.2%-11.7pp | 17.9%-7.6pp | 25.5%+18.7pp | 6.8%+14.7pp | -8.0% | N/A | -9.6% |
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Frequently Asked Questions
What is Synaptics Inc's annual revenue?
Synaptics Inc (SYNA) reported $1.1B in total revenue for fiscal year 2025. This represents a -20.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Synaptics Inc's revenue growing?
Synaptics Inc (SYNA) revenue declined by 20.7% year-over-year, from $1.4B to $1.1B in fiscal year 2025.
Is Synaptics Inc profitable?
No, Synaptics Inc (SYNA) reported a net income of -$47.8M in fiscal year 2025, with a net profit margin of -4.5%.
What is Synaptics Inc's EBITDA?
Synaptics Inc (SYNA) had EBITDA of -$66.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Synaptics Inc have?
As of fiscal year 2025, Synaptics Inc (SYNA) had $391.5M in cash and equivalents against $834.8M in long-term debt.
What is Synaptics Inc's gross margin?
Synaptics Inc (SYNA) had a gross margin of 44.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Synaptics Inc's operating margin?
Synaptics Inc (SYNA) had an operating margin of -8.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Synaptics Inc's net profit margin?
Synaptics Inc (SYNA) had a net profit margin of -4.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Synaptics Inc's return on equity (ROE)?
Synaptics Inc (SYNA) has a return on equity of -3.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Synaptics Inc's free cash flow?
Synaptics Inc (SYNA) generated $116.2M in free cash flow during fiscal year 2025. This represents a -60.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Synaptics Inc's operating cash flow?
Synaptics Inc (SYNA) generated $142.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Synaptics Inc's total assets?
Synaptics Inc (SYNA) had $2.6B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Synaptics Inc's capital expenditures?
Synaptics Inc (SYNA) invested $25.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Synaptics Inc spend on research and development?
Synaptics Inc (SYNA) invested $346.8M in research and development during fiscal year 2025.
What is Synaptics Inc's current ratio?
Synaptics Inc (SYNA) had a current ratio of 2.78 as of fiscal year 2025, which is generally considered healthy.
What is Synaptics Inc's debt-to-equity ratio?
Synaptics Inc (SYNA) had a debt-to-equity ratio of 0.60 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Synaptics Inc's return on assets (ROA)?
Synaptics Inc (SYNA) had a return on assets of -1.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Synaptics Inc's Piotroski F-Score?
Synaptics Inc (SYNA) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Synaptics Inc's earnings high quality?
Synaptics Inc (SYNA) has an earnings quality ratio of -2.97x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Synaptics Inc cover its interest payments?
Synaptics Inc (SYNA) has an interest coverage ratio of -1.4x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Synaptics Inc?
Synaptics Inc (SYNA) scores 33 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.