AI Earnings Predictions for Synaptics Incorporated $0.001 Par Value (SYNA)

EX-99.1

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Exhibit 99.1

Synaptics Reports Fourth Quarter and Full Year Fiscal 2026 Results

Fiscal 2026 revenue increased 11%, the second consecutive year of double-digit growth

Fiscal 2026 Core IoT product sales increased 43% year-over-year, representing 33% of total sales

Q4'26 Financial Results

•Revenue of $308.0 million, up 9% year-over-year

•Fiscal fourth quarter Core IoT product sales grew by 24% year-over-year

•GAAP gross margin of 47.3%

•Non-GAAP gross margin of 54.5%

•GAAP loss per share of $11.53

•Non-GAAP diluted earnings per share of $1.23

•Fourth quarter results include a $425.3 million, or $10.96 per share, non-cash charge related to the establishment of a valuation allowance against U.S. deferred tax assets, which is excluded from non-GAAP results.

Fiscal 2026 Financial Highlights

•Revenue of $1.2 billion, increased 11% year-over-year

•Core IoT product sales grew by 43% year-over-year

•GAAP loss per share of $12.62, which includes the impact of the establishment of a valuation allowance

•Non-GAAP diluted earnings per share increased 27% to $4.58

•Repurchased shares in the amount of $92.7 million (or approximately 1.3 million shares)

SAN JOSE, Calif., – August 6, 2026 – Synaptics Incorporated (Nasdaq: SYNA) today reported financial results for its fourth quarter and full year of fiscal 2026 ended June 27, 2026.

Net revenue for the fourth quarter of fiscal 2026 was $308.0 million. GAAP net loss for the fourth quarter of fiscal 2026 was $447.4 million, or a net loss of $11.53 per basic share. Non-GAAP net income for the fourth quarter of fiscal 2026 was $50.1 million, or $1.23 per diluted share.

For the full year fiscal 2026, net revenue was $1.2 billion. GAAP gross margin for fiscal 2026 at 44.7% was flat compared to the prior year; and non-GAAP gross margin of 53.7% compared to 53.6% in the prior year. GAAP net loss for the recently completed fiscal year was $490.8 million or a net loss of $12.62 per basic share. Non-GAAP net income for the recently completed fiscal year was $185.9 million or $4.58 per diluted share.

“Synaptics completed another strong fiscal year, with sustained growth and momentum across the business," said Rahul Patel, Synaptics' President and Chief Executive Officer. "We delivered solid financial results in fiscal 2026, with revenue increasing 11%, driven by 43% growth in our Core IoT portfolio. In the fourth quarter, revenue, gross margin, and non-GAAP EPS were all above the mid-point of our guidance, and non-GAAP operating margin reached 20%, our highest level in 13 quarters and an improvement of 300 basis points year-over-year. Performance across all major product categories was in line with expectations, with continued strength in Core IoT driving upside during the quarter."

"Our strategic priorities remain unchanged as we advance our leadership in Physical AI and Edge AI. During the quarter, we expanded customer engagements, increased design wins, and continued to build our pipeline across key growth markets, including Physical AI and robotics. Our product roadmap remains on track, with sampling of our AI-native Astra SR-Series microcontrollers for emerging Edge AI applications expected to begin this fall. We are excited about the pending merger with onsemi, which we believe brings together highly complementary product portfolios and benefits from onsemi's manufacturing scale, global customer relationships, and extensive distribution network, anticipated to expand market opportunities, accelerate growth, and deliver greater value to customers and shareholders."

Pending Acquisition by onsemi

As previously announced, on June 25, 2026, onsemi and Synaptics entered into a definitive agreement under which onsemi agreed to acquire Synaptics in an all-stock transaction. Due to the pending transaction, Synaptics will not host a quarterly earnings conference call or provide a forward-looking financial outlook.

This press release will be available on the company’s website at https://investor.synaptics.com/

About Synaptics Incorporated:

Synaptics (Nasdaq: SYNA) is driving innovation in AI at the Edge, bringing AI closer to end users and transforming how we engage with intelligent connected devices, whether at home, at work, or on the move. As a go-to partner for forward-thinking product innovators, Synaptics powers the future with its cutting-edge Synaptics Astra™ AI-Native embedded compute, wireless connectivity, and multimodal sensing solutions. We’re making the digital experience smarter, faster, more intuitive, secure, and seamless. From touch, display, and biometrics to AI-driven wireless connectivity, video, vision, audio, speech, and security processing, Synaptics is a force behind the next generation of technology enhancing how we live, work, and play.

Follow Synaptics on LinkedIn, Facebook, Instagram, and YouTube, or visit www.synaptics.com.

Use of Non-GAAP Financial Information

In evaluating its busi

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Exhibit 99.1

Synaptics Reports Third Quarter Fiscal 2026 Results

Core IoT product sales increased 31% year-over-year

Multiple additional design wins in Physical AI and robotics

Q3'26 Financial Results

•Revenue of $294.2 million, up 10% year-over-year

•Fiscal third quarter Core IoT product sales grew by 31% year-over-year

•GAAP gross margin of 45.3%

•Non-GAAP gross margin of 53.6%

•GAAP loss per share of $0.21

•Non-GAAP diluted earnings per share of $1.09

SAN JOSE, Calif., – May 7, 2026 – Synaptics Incorporated (Nasdaq: SYNA) today reported financial results for its third quarter of fiscal 2026 ended March 28, 2026.

Net revenue for the third quarter of fiscal 2026 was $294.2 million. GAAP net loss for the third quarter of fiscal 2026 was $8.0 million, or a loss of $0.21 per basic share. Non-GAAP net income for the third quarter of fiscal 2026 was $44.1 million, or $1.09 per diluted share.

“Synaptics delivered a solid third quarter of fiscal 2026, with double-digit year-over-year revenue growth driven by a 31% increase in Core IoT product sales. Revenue, non-GAAP gross margin, and non-GAAP EPS all exceeded the midpoints of our guidance, reflecting strong execution. Based on the mid-point of our fourth quarter outlook, we expect full year fiscal 2026 Core IoT revenue to grow more than 40% year-over-year to over $385 million. We are seeing accelerating activity in Physical AI and Edge AI, with increasing design wins and customer engagements. We continue to align our portfolio to capitalize on these emerging opportunities and remain confident in our ability to drive long-term growth," said Rahul Patel, Synaptics' President and Chief Executive Officer.

Business Outlook

Ken Rizvi, the Company's Chief Financial Officer, added, “As we enter the June quarter, our backlog is healthy and our current outlook reflects expected sequential and year-over-year revenue growth. We remain focused on disciplined execution. Our balance sheet is strong, providing the flexibility to invest in our organic growth initiatives.”

The fourth quarter fiscal 2026 outlook information provided below is based on the Company’s current estimates and is not a guarantee of future performance. These statements are forward-looking and actual results may differ materially. Refer to the “Cautionary Statement Regarding Forward-Looking Statements” section below for information on the factors that could cause the Company’s actual results to differ materially from these forward-looking statements.

For the fourth quarter of fiscal 2026, the Company expects:

GAAP

Non-GAAP Adjustment

Non-GAAP

Revenue

$305M ± $10M

N/A

$305M ± $10M

Gross Margin* 46.0 percent ±

2.0 percent

$23.0M ± $0.5M

53.5 percent ± 1.0 percent

Operating Expense**

$146M ± $4M

$41M ± $2M

$105M ± $2M

Earnings (loss) per share*** ($0.17) ± $0.25

$1.37 ± $0.10

$1.20 ± $0.15

*    Projected Non-GAAP gross margin excludes $22.0 to $23.0 million in acquisition and integration-related costs and $0.5 million in share-based compensation costs.

**    Projected Non-GAAP operating expense excludes $35.0 to $36.0 million in share-based compensation costs, $1.0 to $2.0 million in restructuring costs, and $3.0 to $5.0 million in acquisition and integration related costs.

***    Projected Non-GAAP earnings (loss) per share excludes $0.90 to $0.91 in share-based compensation costs, $0.03 to $0.05 in restructuring costs, $0.64 to $0.69 in acquisition and integration related costs, and ($0.10) to ($0.38) in other non-cash and Non-GAAP tax adjustments.

Our outlook is also subject to the fluid macroeconomic landscape, including ongoing global macroeconomic and geopolitical conditions, including trade and tariff uncertainties and military conflicts in the Middle East (refer to the “Cautionary Statement Regarding Forward-Looking Statements" below).

Earnings Call and Supplementary Materials

The Synaptics third quarter fiscal 2026 teleconference and webcast is scheduled to begin at 2:00 p.m. PT (5:00 p.m. ET), on Thursday, May 7, 2026, during which the Company may discuss forward-looking information.

Speakers:

•Rahul Patel, President and Chief Executive Officer

•Ken Rizvi, Chief Financial Officer

To participate on the live call, analysts and investors should pre-register at Synaptics Q3 FY2026 Earnings Call Registration.

https://register-conf.media-server.com/register/BI5c64b8d3979e44c5ae47e5c26d2fcc66

Supplementary slides, a copy of the prepared remarks, and a live and archived webcast of the conference call will be accessible from the “Investor Relations” section of the company’s website at

https://investor.synaptics.com/.

About Synaptics Incorporated:

Synaptics (Nasdaq: SYNA) is driving innovation in AI at the Edge, bringing AI closer to end users and transforming how we engage with intelligent connected devices, whether at home, at work, or on the move. As a go-to partner for forward-thinking product innovators, Synap

syna-20260205FALSE000081772000008177202025-11-062025-11-06

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 5, 2026

SYNAPTICS INCORPORATED

(Exact name of Registrant as Specified in Its Charter)

Delaware000-4960277-0118518 (State or Other Jurisdiction of Incorporation) (Commission File Number)(IRS Employer Identification No.)

1109 McKay Drive San Jose, California 95131 (Address of Principal Executive Offices)(Zip Code)

Registrant’s Telephone Number, Including Area Code: (408) 904-1100

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered

Common Stock, par value $0.001 per shareSYNANASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company o If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 2.02 Results of Operations and Financial Condition. On February 5, 2026, Synaptics Incorporated (the "Company") issued a press release announcing its financial results for the fiscal quarter ended December 27, 2025, and posted supplemental earnings materials to the investor section of the Company’s website at www.synaptics.com. A copy of the press release is furnished herewith as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. This information furnished pursuant to this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any registration document or other document filed by the Company. Item 9.01 Financial Statements and Exhibits.

(d)    Exhibits.

Exhibit Number Description

99.1Press release from Synaptics Incorporated, dated February 5, 2026, titled “Synaptics Reports Second Quarter Fiscal 2026 Results”

104Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

SYNAPTICS INCORPORATED

Date:February 5, 2026By: /s/ Ken Rizvi Ken Rizvi SVP and Chief Financial Officer