NASDAQ : SYNA
Synaptics Incorporated — Financial statements
Technology · Semiconductors · United States
Last price 117.715 USD (Oct 30, 2026, 2:09 PM EDT) · Market cap 4.60B
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Financial statements
Synaptics Incorporated (SYNA) reported revenue of 1.20B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 1.20B | 1.20B | 1.07B | 959.40M | 1.36B | 1.74B |
| Cost of Revenue | 661.80M | 661.80M | 593.90M | 519.60M | 639.20M | 796.60M |
| Gross Profit | 535.40M | 535.40M | 480.40M | 439.80M | 715.90M | 943.10M |
| Selling, General & Admin | 198.30M | 198.30M | 180.30M | 161.30M | 175.00M | 168.40M |
| Research & Development | 381.80M | 381.80M | 346.80M | 336.30M | 351.20M | 367.30M |
| Amortization of Goodwill & Intangibles | 12.30M | 12.30M | 16.70M | 17.30M | 35.40M | 38.70M |
| Operating Expenses | 592.40M | 592.40M | 543.80M | 514.90M | 561.60M | 574.40M |
| Operating Income | -57.00M | -57.00M | -63.40M | -75.10M | 154.30M | 368.70M |
| Interest Expense | -23.40M | -23.40M | -39.80M | -65.30M | -55.50M | -30.20M |
| Interest & Investment Income | 11.10M | 11.10M | 26.90M | 42.30M | 27.20M | 3.00M |
| Earnings From Equity Investments | 1.60M | |||||
| EBT Excluding Unusual Items | -69.30M | -69.30M | -76.30M | -98.10M | 126.00M | 343.10M |
| Merger & Restructuring Charges | -3.30M | -3.30M | -16.90M | -10.50M | -18.30M | |
| Gain (Loss) on Sale of Assets | 5.40M | |||||
| Asset Writedown | -6.80M | -6.80M | -13.80M | -16.00M | ||
| Other Unusual Items | -6.50M | -8.10M | ||||
| Pretax Income | -79.40M | -79.40M | -113.50M | -124.60M | 126.00M | 322.10M |
| Income Tax Expense | 411.40M | 411.40M | -65.70M | -250.20M | 52.40M | 64.60M |
| Net Income | -490.80M | -490.80M | -47.80M | 125.60M | 73.60M | 257.50M |
| Net Income to Common | -490.80M | -490.80M | -47.80M | 125.60M | 73.60M | 257.50M |
| Shares Outstanding (Basic) | 38.90M | 38.90M | 39.30M | 39.20M | 39.60M | 39.00M |
| Shares Outstanding (Diluted) | 38.90M | 38.90M | 39.30M | 39.70M | 40.20M | 40.70M |
| EPS (Basic) | -12.62 | -12.62 | -1.22 | 3.20 | 1.86 | 6.60 |
| EPS (Diluted) | -12.62 | -12.62 | -1.22 | 3.16 | 1.83 | 6.33 |
| Free Cash Flow | 101.40M | 101.40M | 116.20M | 102.10M | 297.30M | 431.60M |
| Free Cash Flow Per Share | 2.61 | 2.61 | 2.96 | 2.57 | 7.40 | 10.60 |
| Gross Margin | 44.72% | 44.72% | 44.72% | 45.84% | 52.83% | 54.21% |
| Operating Margin | -4.76% | -4.76% | -5.90% | -7.83% | 11.39% | 21.19% |
| Profit Margin | -41.00% | -41.00% | -4.45% | 13.09% | 5.43% | 14.80% |
| Free Cash Flow Margin | 8.47% | 8.47% | 10.82% | 10.64% | 21.94% | 24.81% |
| EBITDA | 92.80M | 92.80M | 79.70M | 34.10M | 312.10M | 516.20M |
| EBITDA Margin | 7.75% | 7.75% | 7.42% | 3.55% | 23.03% | 29.67% |
| D&A For EBITDA | 149.80M | 149.80M | 143.10M | 109.20M | 157.80M | 147.50M |
| EBIT | -57.00M | -57.00M | -63.40M | -75.10M | 154.30M | 368.70M |
| EBIT Margin | -4.76% | -4.76% | -5.90% | -7.83% | 11.39% | 21.19% |
| Effective Tax Rate | 41.59% | 20.06% |
Balance sheet
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 442.50M | 442.50M | 391.50M | 876.90M | 924.70M | 824.00M |
| Short-Term Investments | 61.00M | 9.60M | 52.00M | |||
| Cash & Short-Term Investments | 442.50M | 442.50M | 452.50M | 876.90M | 934.30M | 876.00M |
| Receivables | 164.00M | 164.00M | 130.30M | 142.40M | 165.20M | 323.30M |
| Inventory | 156.40M | 156.40M | 139.50M | 114.00M | 137.20M | 169.70M |
| Prepaid Expenses | 24.10M | 24.10M | 29.60M | 29.00M | 35.30M | 34.40M |
| Total Current Assets | 787.00M | 787.00M | 751.90M | 1.16B | 1.27B | 1.40B |
| Property, Plant & Equipment | 124.00M | 124.00M | 117.30M | 122.30M | 115.40M | 124.10M |
| Goodwill | 872.30M | 872.30M | 872.30M | 816.40M | 816.40M | 806.60M |
| Other Intangible Assets | 187.80M | 187.80M | 262.20M | 288.40M | 298.50M | 390.00M |
| Long-Term Deferred Tax Assets | 6.20M | 6.20M | 408.80M | 345.60M | 68.00M | 4.20M |
| Other Long-Term Assets | 124.70M | 124.70M | 171.90M | 90.00M | 41.10M | 129.80M |
| Total Assets | 2.10B | 2.10B | 2.58B | 2.83B | 2.61B | 2.86B |
| Accounts Payable | 82.60M | 82.60M | 98.50M | 87.50M | 45.80M | 141.80M |
| Accrued Expenses | 130.70M | 130.70M | 92.90M | 71.80M | 86.80M | 139.70M |
| Current Portion of Long-Term Debt | 439.60M | 439.60M | 6.00M | 6.00M | 6.00M | |
| Current Portion of Leases | 9.20M | 9.20M | 12.30M | 11.50M | 9.00M | 7.60M |
| Current Income Taxes Payable | 42.20M | 54.00M | 79.70M | |||
| Current Unearned Revenue | 18.70M | 27.30M | ||||
| Other Current Liabilities | 39.20M | 39.20M | 67.20M | 58.20M | 39.80M | 61.30M |
| Total Current Liabilities | 701.30M | 701.30M | 270.90M | 277.20M | 260.10M | 463.40M |
| Long-Term Debt | 397.70M | 397.70M | 834.80M | 966.90M | 972.00M | 975.70M |
| Long-Term Leases | 30.30M | 30.30M | 35.80M | 37.90M | 42.40M | 51.50M |
| Long-Term Deferred Tax Liabilities | 39.10M | 52.60M | ||||
| Other Long-Term Liabilities | 43.20M | 43.20M | 48.00M | 76.20M | 54.40M | 48.50M |
| Total Liabilities | 1.17B | 1.17B | 1.19B | 1.36B | 1.37B | 1.59B |
| Common Stock | 100.00K | 100.00K | 100.00K | 100.00K | 100.00K | 100.00K |
| Additional Paid-In Capital | 1.33B | 1.33B | 1.21B | 1.11B | 1.01B | 924.10M |
| Retained Earnings | 699.10M | 699.10M | 1.19B | 1.24B | 1.11B | 1.04B |
| Treasury Stock | -1.10B | -1.10B | -1.01B | -878.00M | -878.00M | -694.50M |
| Comprehensive Income & Other | -1.80M | |||||
| Shareholders' Equity | 929.50M | 929.50M | 1.39B | 1.47B | 1.24B | 1.27B |
| Total Liabilities & Equity | 2.10B | 2.10B | 2.58B | 2.83B | 2.61B | 2.86B |
| Total Debt | 876.80M | 876.80M | 882.90M | 1.02B | 1.03B | 1.04B |
| Net Cash (Debt) | -434.30M | -434.30M | -430.40M | -145.40M | -95.10M | -164.80M |
| Net Cash Per Share | -11.16 | -11.16 | -10.95 | -3.66 | -2.37 | -4.05 |
| Filing Date Shares Outstanding | 39.11M | 39.11M | 38.66M | 39.58M | 38.58M | 39.63M |
| Total Common Shares Outstanding | 39.06M | 39.06M | 38.64M | 39.57M | 38.57M | 39.62M |
| Working Capital | 85.70M | 85.70M | 481.00M | 885.10M | 1.01B | 940.00M |
| Book Value Per Share | 23.80 | 23.80 | 36.10 | 37.07 | 32.24 | 31.96 |
| Tangible Book Value | -130.60M | -130.60M | 260.40M | 362.00M | 128.50M | 69.80M |
| Tangible Book Value Per Share | -3.34 | -3.34 | 6.74 | 9.15 | 3.33 | 1.76 |
| Machinery | 197.80M | 197.80M | 174.90M | 166.10M | 169.40M | 152.20M |
| Construction In Progress | 21.70M | 21.70M | 16.80M | 20.00M | 7.00M | 9.20M |
Cash flow statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -490.80M | -490.80M | -47.80M | 125.60M | 73.60M | 257.50M |
| Depreciation & Amortization | 149.80M | 149.80M | 143.10M | 109.20M | 157.80M | 147.50M |
| Asset Writedown & Restructuring Costs | 6.80M | 6.80M | 13.80M | 16.00M | ||
| Stock-Based Compensation | 149.30M | 149.30M | 112.80M | 118.80M | 122.00M | 100.80M |
| Other Operating Activities | 422.40M | 422.40M | -50.70M | -263.80M | 1.50M | -24.20M |
| Change in Accounts Receivable | -33.70M | -33.70M | 12.30M | 22.40M | 161.30M | -81.10M |
| Change in Inventory | -17.10M | -17.10M | -25.10M | 6.50M | 24.60M | -54.20M |
| Change in Accounts Payable | -13.70M | -13.70M | 10.80M | 38.90M | -95.60M | 23.20M |
| Change in Income Taxes | -900.00K | -900.00K | -43.30M | -19.10M | -15.60M | 48.60M |
| Change in Other Net Operating Assets | -22.70M | -22.70M | 16.10M | -18.60M | -98.10M | 44.60M |
| Operating Cash Flow | 149.40M | 149.40M | 142.00M | 135.90M | 331.50M | 462.70M |
| Capital Expenditures | -48.00M | -48.00M | -25.80M | -33.80M | -34.20M | -31.10M |
| Sale of Property, Plant & Equipment | 55.90M | |||||
| Cash Acquisitions | -201.10M | -15.50M | -501.10M | |||
| Sale (Purchase) of Intangibles | -10.00M | -133.80M | -30.00M | |||
| Investment in Securities | 61.00M | 61.00M | -61.00M | 9.90M | 43.60M | 23.60M |
| Other Investing Activities | 100.00K | |||||
| Investing Cash Flow | 13.00M | 13.00M | -297.90M | -157.70M | -6.00M | -482.70M |
| Long-Term Debt Issued | 439.50M | 600.00M | ||||
| Long-Term Debt Repaid | -583.50M | -7.50M | -6.00M | -508.60M | ||
| Net Debt Issued (Repaid) | -144.00M | -7.50M | -6.00M | 91.40M | ||
| Issuance of Common Stock | 17.20M | 17.20M | 13.90M | 15.90M | 17.60M | 15.20M |
| Repurchase of Common Stock | -141.10M | -141.10M | -147.90M | -36.90M | -238.00M | -67.30M |
| Other Financing Activities | 12.40M | 12.40M | -53.40M | 3.40M | 5.10M | -25.00M |
| Financing Cash Flow | -111.50M | -111.50M | -331.40M | -25.10M | -221.30M | 14.30M |
| Foreign Exchange Rate Adjustments | 100.00K | 100.00K | 1.90M | -900.00K | -3.50M | -6.60M |
| Net Cash Flow | 51.00M | 51.00M | -485.40M | -47.80M | 100.70M | -12.30M |
| Free Cash Flow | 101.40M | 101.40M | 116.20M | 102.10M | 297.30M | 431.60M |
| Free Cash Flow Margin | 8.47% | 8.47% | 10.82% | 10.64% | 21.94% | 24.81% |
| Free Cash Flow Per Share | 2.61 | 2.61 | 2.96 | 2.57 | 7.40 | 10.60 |
| Levered Free Cash Flow | 149.65M | 149.65M | 140.50M | 39.55M | 292.95M | 406.36M |
| Unlevered Free Cash Flow | 164.28M | 164.28M | 165.38M | 80.36M | 327.64M | 425.24M |
| Cash Interest Paid | 20.50M | 20.50M | 38.70M | 63.40M | 51.90M | 25.00M |
| Cash Income Tax Paid | 3.20M | 3.20M | 47.20M | 55.20M | 91.40M | 38.30M |
| Change in Working Capital | -88.10M | -88.10M | -29.20M | 30.10M | -23.40M | -18.90M |
Ratios
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.61B | 4.73B | 2.50B | 3.48B | 3.21B | 5.10B |
| Enterprise Value | 5.04B | 5.20B | 2.96B | 3.68B | 3.31B | 5.39B |
| Last Close Price | 117.86 | 121.00 | 64.78 | 88.20 | 81.16 | 128.78 |
| PE Ratio | 27.74 | 43.58 | 19.81 | |||
| Forward PE | 22.77 | 23.76 | 15.44 | 27.44 | 26.05 | 9.27 |
| PS Ratio | 3.85 | 3.95 | 2.32 | 3.63 | 2.37 | 2.93 |
| PB Ratio | 4.95 | 5.08 | 1.79 | 2.38 | 2.58 | 4.03 |
| P/TBV Ratio | 9.59 | 9.62 | 24.96 | 73.08 | ||
| P/FCF Ratio | 45.46 | 46.61 | 21.49 | 34.12 | 10.79 | 11.82 |
| P/OCF Ratio | 30.85 | 31.64 | 17.58 | 25.63 | 9.68 | 11.02 |
| PEG Ratio | 0.95 | 0.99 | 1.10 | 10.97 | 2.08 | 0.60 |
| EV/Sales Ratio | 4.21 | 4.34 | 2.75 | 3.83 | 2.44 | 3.10 |
| EV/EBITDA Ratio | 54.35 | 56.05 | 37.10 | 107.85 | 10.59 | 10.45 |
| EV/EBIT Ratio | 21.43 | 14.62 | ||||
| EV/FCF Ratio | 49.74 | 51.30 | 25.45 | 36.02 | 11.12 | 12.49 |
| Debt / Equity Ratio | 0.94 | 0.94 | 0.63 | 0.70 | 0.83 | 0.82 |
| Debt / EBITDA Ratio | 8.30 | 8.30 | 9.54 | 22.30 | 3.18 | 1.97 |
| Debt / FCF Ratio | 8.65 | 8.65 | 7.60 | 10.01 | 3.46 | 2.41 |
| Net Debt / Equity Ratio | 0.47 | 0.47 | 0.31 | 0.10 | 0.08 | 0.13 |
| Net Debt / EBITDA Ratio | 4.68 | 4.68 | 5.40 | 4.26 | 0.30 | 0.32 |
| Net Debt / FCF Ratio | 4.28 | 4.28 | 3.70 | 1.42 | 0.32 | 0.38 |
| Asset Turnover | 0.51 | 0.51 | 0.40 | 0.35 | 0.50 | 0.68 |
| Inventory Turnover | 4.47 | 4.47 | 4.69 | 4.14 | 4.17 | 6.33 |
| Quick Ratio | 0.86 | 0.86 | 2.15 | 3.68 | 4.23 | 2.59 |
| Current Ratio | 1.12 | 1.12 | 2.78 | 4.19 | 4.89 | 3.03 |
| Return on Equity (ROE) | -42.23% | -42.23% | -3.34% | 9.27% | 5.87% | 23.06% |
| Return on Assets (ROA) | -1.52% | -1.52% | -1.47% | -1.73% | 3.53% | 9.06% |
| Return on Invested Capital (ROIC) | -3.56% | -3.57% | -3.69% | -5.09% | 6.51% | 23.80% |
| Return on Capital Employed (ROCE) | -4.10% | -4.10% | -2.70% | -2.90% | 6.60% | 15.40% |
| Earnings Yield | -10.71% | -10.38% | -1.91% | 3.60% | 2.29% | 5.05% |
| FCF Yield | 2.20% | 2.15% | 4.65% | 2.93% | 9.27% | 8.46% |
| Buyback Yield / Dilution | 1.02% | 1.02% | 1.01% | 1.24% | 1.23% | -6.27% |