---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-021881"
form_type: "8-K"
ticker: "SYNA"
cik: "0000817720"
company_name: "SYNAPTICS Inc"
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T10:34:30.441254+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Synaptics Q1 FY2023: revenue $448.1M, non-GAAP EPS $3.52; guides Q2 rev $350-380M

## Summary
- Revenue $448.1M, up 20% YoY; IoT revenue up 67% YoY.
- Record GAAP gross margin 57.1%; record non-GAAP gross margin 62.6%.
- GAAP EPS $1.59; non-GAAP EPS $3.52; non-GAAP operating margin record 40.2%.
- Q2 FY2023 guidance: revenue $350M-$380M; non-GAAP gross margin 60% to 62%.
- CEO cites macroeconomic headwinds but confidence in wireless, auto, video interface growth.

## SEC filing metadata
- accession: 0000950170-22-021881
- form_type: 8-K
- ticker: SYNA
- cik: 0000817720
- company_name: SYNAPTICS Inc
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/817720/000095017022021881/0000950170-22-021881-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/817720/000095017022021881/syna-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-021881
- JSON: https://secwatch.observer/filing/0000950170-22-021881.json
- Plain text: https://secwatch.observer/filing/0000950170-22-021881.txt

## Key facts
- Earnings Releases
  SYNAPTICS Inc reported fiscal quarter ended September 24, 2022 results: revenue Net revenue for the first quarter of fiscal 2023 was $448.1 million., net income GAAP net income for the first quarter of fiscal 2023 was $64.6 million, or $1.59 per diluted share. Non-GAAP net income, EPS GAAP diluted earnings per share of $1.59; Non-GAAP diluted earnings per share of $3.52.
  - Period: fiscal quarter ended September 24, 2022
  - Revenue: Net revenue for the first quarter of fiscal 2023 was $448.1 million.
  - Net income: GAAP net income for the first quarter of fiscal 2023 was $64.6 million, or $1.59 per diluted share. Non-GAAP net income
  - EPS: GAAP diluted earnings per share of $1.59; Non-GAAP diluted earnings per share of $3.52
  - Result: reported results
  source text: Synaptics Reports First Quarter Fiscal 2023 Results Q1’23 Financial Results and Recent Business Highlights • Revenue of $448.1 million • IoT revenue increased 67% YoY • Record GAAP gross margin of 57.1 percent • Record non-GAAP gross margin of 62.6 percent • GAAP diluted earnings per share of $1.59 • Non-GAAP diluted earnings per share of $3.52 • GAAP operating margin of 25.0 percent • Record non-GAAP operating margin of 40.2 percent SAN JOSE, Calif., – November 3, 2022 – Synaptics Incorporated (Nasdaq: SYNA ), today reported financial results for its first quarter of fiscal 2023 ended September 24, 2022. Net revenue for the first quarter of fiscal 2023 was $448.1 million. GAAP net income for the first quarter of fiscal 2023 was $64.6 million, or $1.59 per diluted share. Non-GAAP net income for the first quarter of fiscal 2023 was $143.1 million, or $3.52 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/817720/000095017022021881/0000950170-22-021881-index.htm
- Earnings Releases
  SYNAPTICS Inc reported second quarter of fiscal year 2023 results: revenue Revenue $350M to $380M. Guidance lowered.
  - Period: second quarter of fiscal year 2023
  - Revenue: Revenue $350M to $380M
  - Guidance: lowered
  - Result: guidance update
  source text: For the second quarter of fiscal year 2023, the company expects: GAAP Non-GAAP Adjustment Non-GAAP Revenue $350M to $380M N/A N/A Gross Margin* 53.0 percent to 56.0 percent $24M 60.0 percent to 62.0 percent Operating Expense** $141M to $146M $43M to $44M $98M to $102M
  evidence_url: https://www.sec.gov/Archives/edgar/data/817720/000095017022021881/0000950170-22-021881-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.