Synaptics Incorporated
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.20B | $1.07B | $959.4M | $1.36B | $1.74B | $1.34B | $1.33B | $1.47B |
| Cost of Revenue | $661.8M | $593.9M | $519.6M | $639.2M | $796.6M | $728.4M | $790.8M | $975.1M |
| Gross Profit | $535.4M | $480.4M | $439.8M | $715.9M | $943.1M | $611.2M | $543.1M | $497.1M |
| Gross Margin | 44.7% | 44.7% | 45.8% | 52.8% | 54.2% | 45.6% | 40.7% | 33.8% |
| Operating Expenses | ||||||||
| Research & Development | $381.8M | $346.8M | $336.3M | $351.2M | $367.3M | $313.4M | $302.5M | $342.7M |
| SG&A Expense | $198.3M | $180.3M | $161.3M | $175.0M | $168.4M | $144.9M | $127.0M | $131.3M |
| Operating Income | $-67.1M | $-94.1M | $-101.6M | $154.3M | $350.4M | $147.0M | $68.9M | $-6.3M |
| Operating Margin | -5.6% | -8.8% | -10.6% | 11.4% | 20.1% | 11.0% | 5.2% | -0.4% |
| Interest Expense | — | — | $65.3M | $55.5M | $30.2M | $29.5M | $22.5M | $21.2M |
| Pretax Income | $-79.4M | $-113.5M | $-124.6M | $126.0M | $320.5M | $120.1M | $159.4M | $-20.8M |
| Income Tax Expense | $411.4M | $-65.7M | $-250.2M | $52.4M | $64.6M | $31.4M | $38.6M | $300.0K |
| Net Income | $-490.8M | $-47.8M | $125.6M | $73.6M | $257.5M | $79.6M | $118.8M | $-22.9M |
| Net Margin | -41.0% | -4.4% | 13.1% | 5.4% | 14.8% | 5.9% | 8.9% | -1.6% |
| EPS (Basic) | $-12.62 | $-1.22 | $3.20 | $1.86 | $6.60 | $2.29 | $3.54 | $-0.66 |
| EPS (Diluted) | $-12.62 | $-1.22 | $3.16 | $1.83 | $6.33 | $2.08 | $3.41 | $-0.66 |
| Shares Outstanding (Basic) | 38.9M | 39.3M | 39.2M | 39.6M | 39.0M | 34.8M | 33.6M | 34.6M |
| Shares Outstanding (Diluted) | 38.9M | 39.3M | 39.7M | 40.2M | 40.7M | 38.3M | 34.8M | 34.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |