Synaptics Incorporated

Synaptics Incorporated Earnings Recaps

SYNA Information Technology 2 recaps
Q3 2026 May 11, 2026

Synaptics rallied 19.6% post-earnings as accelerating IoT revenue growth and strong margin performance outweighed any residual concerns, signaling investor confidence in its expanding Edge AI product pipeline and design wins.

Key takeaways
  • Delivered a sixth consecutive quarter of double-digit year-over-year revenue growth, led by a 31% increase in core IoT products.
  • Non-GAAP gross margin exceeded the midpoint of guidance; non-GAAP EPS of $1.09 was at the high end of the range and grew 21% year-over-year.
  • Significant expansion in robotics pipeline to over 35 global customers, including a leading generative AI OEM, reflecting growing traction in physical AI and Edge AI applications.
  • Progressed partnerships with Google, launching next-gen Coralboard integrating Google Coral NPU with Synaptics’ Torq NPU, showcasing strong collaboration and product innovation.
  • Secured design wins across diverse applications including medical diagnostic devices for underserved areas and industrial fleet management, highlighting broadening end market adoption.
Full recap
Q2 2026 Feb 6, 2026

Synaptics reported robust Q2 fiscal 2026 results, highlighting a 13% year-over-year revenue growth driven by a 53% surge in Core IoT product sales, further supported by strong earnings momentum.

Key takeaways
  • Non-GAAP EPS increased 32% year-over-year to $1.21, reflecting disciplined execution and earnings growth.
  • Successful engagement at CES showcased Synaptics' advancements in edge AI and physical intelligence technologies.
  • Growing traction in robotics, particularly with humanoids, demonstrates Synaptics' differentiated capabilities in touch sensing and processing.
  • Astra multimodal microprocessors are garnering interest for their power efficiency and advanced AI functionalities, attracting new partnerships across various industries.
  • Expansion of the partner ecosystem enhances Synaptics’ capabilities in industrial automation and smart home applications, with further design wins expected in the upcoming quarters.
Full recap