Synaptics Q1 FY2026 revenue up 14% YoY to $292.5M; Core IoT sales +74%

SYNAPTICS Inc

2026-Q1 EPS reported -$0.53 revenue$292,500,000

GAAP net loss $20.6M (-$0.53/share); non-GAAP net income $43.3M ($1.09 diluted EPS).
Core IoT product sales grew 74% YoY; total revenue $292.5M, up 14% year-over-year.
Launched next-generation Astra multimodal GenAI processors for intelligent IoT edge.
Q2 FY2026 guidance: expects ~12% YoY revenue growth at midpoint; backlog healthy.
GAAP gross margin 42.6%; non-GAAP gross margin 53.2%.

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