Synaptics Q1 revenue rises 14% to $292.5 million; GAAP net loss narrows to $20.6 million
Synaptics reported first-quarter fiscal 2026 results for the period ended September 27, 2025, with revenue up 14% year-over-year to $292.5 million and Core IoT product sales up 74%. The company still posted a GAAP net loss of $20.6 million, or $0.53 per share, though that was smaller than the $23.1 million loss a year earlier, and non-GAAP diluted EPS rose to $1.09 from $0.81. The company guided second-quarter revenue to $300 million, plus or minus $10 million.
Key points
- Revenue of $292.5 million, up from $257.7 million in the same quarter a year earlier.
- GAAP net loss of $20.6 million ($0.53 per share), compared with a $23.1 million loss ($0.58 per share) a year earlier.
- Non-GAAP diluted EPS of $1.09, compared with $0.81; non-GAAP gross margin was 53.2%.
- Second-quarter fiscal 2026 outlook: revenue of $300 million ±$10 million and non-GAAP EPS of $1.15 ±$0.15; GAAP EPS guided to a loss of ($0.50) ±$0.25.
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 06, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.