Synaptics Incorporated (SYNA) Earnings
Synaptics Incorporated is expected to report next earnings on November 5, 2026 (in NaN days), with a consensus EPS estimate of $1.27. SYNA has beaten EPS estimates in 12 of its last 12 reported quarters (average surprise +3.9% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Aug 6, 2026 | $1.21 | $1.23 | +1.4% | $308M | +0.7% |
| May 7, 2026 | $1.02 | $1.09 | +7.3% | $294M | +1.1% |
| Feb 5, 2026 | $1.16 | $1.21 | +4.8% | $303M | +3.9% |
| Nov 6, 2025 | $1.06 | $1.09 | +2.3% | $293M | -0.6% |
| Aug 7, 2025 | $1.00 | $1.01 | +1.0% | $283M | -1.1% |
| May 8, 2025 | $0.84 | $0.90 | +6.9% | $267M | -2.3% |
| Feb 6, 2025 | $0.85 | $0.92 | +8.4% | $267M | +6.6% |
| Nov 7, 2024 | $0.75 | $0.81 | +8.0% | $258M | +2.7% |
| Aug 8, 2024 | $0.55 | $0.64 | +16.4% | $247M | +3.3% |
| May 9, 2024 | $0.50 | $0.53 | +6.0% | $237M | +1.8% |
| Feb 8, 2024 | $0.47 | $0.57 | +22.3% | $237M | +1.0% |
| Nov 9, 2023 | $0.38 | $0.52 | +36.8% | $238M | +0.6% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q3 FY2026 · May 7, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- Physical AI and edge AI adoption is accelerating with customer engagements expanding, including in robotics with over 35 global customers. - Partnership with Google launched Next Generation Coral Board powered by Astra SL2610 processor. - Made progress on next generation Astra SR series microcontrollers, with PSOC taped and sampling expected in fall. - Secured Astra processor wins in medical devices, industrial, and various other markets. - Successful launch of Astra enabled connected MCU at Embedded World, sampling with multiple customers. - Enterprise and mobile touch: enterprise demand improving, mobile touch well-positioned with some OEMs.
Guidance
- Fiscal 2026 Q4 revenue expected to be approximately $305 million at midpoint, plus or minus $10 million. - Revenue mix expected to be approximately 33% core IoT, 54% enterprise and automotive, and 13% mobile touch. - Non-GAAP gross margin expected to be 53.5% at midpoint, plus or minus 1%. - Non-GAAP operating expenses expected to be $105 million at midpoint of guidance, plus or minus $2 million. - Non-GAAP net interest and other expenses expected to be approximately $2 million. - Non-GAAP tax rate expected in range of 13% to 15% for Q4. - Non-GAAP net income per diluted share anticipated to be $1.20 per share at midpoint plus or minus 15 cents on an estimated 40.4 million fully diluted shares.
Segment performance
Fiscal third quarter revenue was $294.2 million, up 10% year-over-year. Core IoT product revenues increased 31% year over year, accounting for 30% of Q3 revenue. Enterprise and automotive product revenues were up 9% year over year, making up 57% of Q3 revenue. Mobile touch product revenues decreased 16% year over year, representing 13% of Q3 revenue. Non-GAAP gross margin was 53.6% in Q3.
Analyst Q&A
Q: On core IoT volatility and Astra platform revenue contribution.
A: Ken said core IoT has solid performance with growth expected, Rahul said Astra ramp anticipated in 2027 with semi-custom solution for large OEM.
Q: On PC, mobile, memory headwinds.
A: Ken said PC may have headwinds in second half 2026, mobile touch is beneficiary with Korean OEM.
Q: On robotics attach rate, geography of pipeline.
A: Rahul said majority shipments on tactile sensing and bus interface, pipeline highly concentrated in North America, some in China, early in Europe.
Q: On Astra end markets, ramp.
A: Rahul said consumer ramps first, industrial follows, semi-custom design for large OEM.
Q: On gross margin, Astra ramp.
A: Ken said margin range, core IoT processing capabilities will help overall mix.
Q: On semi-custom chips, new product revenue ramps, Broadcom IP.
A: Rahul said interest in semi-custom, Astra revenue ramp in 2027, Broadcom IP evaluated.
Q: On robotics engagement, capacitive sensing advantage.
A: Rahul said direct engagements, capacitive sensing excels in signal-to-noise, accuracy, etc.
Q: On robotics cross-selling, core IoT growth rate.
A: Rahul said cross-selling in robotics, Ken said core IoT has good growth with expected acceleration