Synaptics Incorporated (SYNA) reported fourth-quarter fiscal 2026 earnings of $1.23 per share, a 21.8% increase year over year, surpassing the Zacks Consensus Estimate by 1.65%. Revenue rose 9% to $308 million, exceeding expectations by 0.98%. The company’s Core IoT product sales contributed significantly, growing 24% to $104.6 million.
As of June 27, 2026, Synaptics maintained $442.5 million in cash and equivalents, with total debt at $837.3 million. The operating income increased by 29.1% to $60.3 million, achieving a non-GAAP operating margin of 20%, the highest in over three years. However, the company did not provide a financial outlook due to its pending acquisition by onsemi, which was announced on June 25, 2026.
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