Synaptics Incorporated (SYNA) Q3 2026 Earnings Call Transcript
Access earnings results, analyst expectations, report, slides, earnings call, and transcript.
Overview
The earnings call revealed a 15% YoY revenue decline and an 8% EPS drop, indicating weaker financial performance. Despite margin improvements, the IoT demand weakness and reduced net income overshadow positives. The absence of strategic updates or guidance further adds uncertainty. Given the company's market cap, these factors suggest a negative stock price movement of -2% to -8% over the next two weeks.
Key Financial Performance
Revenue $350 million, down 15% year-over-year, primarily due to weaker demand in the IoT segment.
Gross Margin 58.2%, an increase of 1.5 percentage points year-over-year, driven by a favorable product mix and operational efficiencies.
Operating Expenses $120 million, a decrease of 5% year-over-year, attributed to cost optimization initiatives.
Net Income $45 million, down 10% year-over-year, impacted by lower revenue despite cost-saving measures.
Earnings Per Share (EPS) $1.25, a decline of 8% year-over-year, reflecting reduced net income.
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Operating Highlights
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Risk or Challenges
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Guidance & Outlook
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Shareholder Return Plan
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Key Q&A
Q:Review of Unclear Management Responses
A:
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Earnings Word Cloud
The most frequently occurring keywords in this quarter's earning call
CEO Director
CFO Ross
Co Inc
Director Ken
Division Kevin
Division Martin
Division Neil
Division PM
Division Peter
Division Rolland
Division Sreekrishnan
EDT day
Ken Rizvi
Kevin Cassidy
Martin Yang
Munjal Shah
Neil Young
Officer Rahul
Oppenheimer Co
PM EDT
Peter Peng
Rahul Patel
Rolland Susquehanna
Ross Seymore
Sankarnarayanan TD
Shah Investor
Shah addition
Sreekrishnan Sankarnarayanan
Yang Oppenheimer
Young Needham
copy
press release
result basis
SYNA Transcript
Synaptics Incorporated (SYNA) Q3 2026 Earnings Call Transcript
Unknown5-8
The earnings call revealed a 15% YoY revenue decline and an 8% EPS drop, indicating weaker financial performance. Despite margin improvements, the IoT demand weakness and reduced net income overshadow positives. The absence of strategic updates or guidance further adds uncertainty. Given the company's market cap, these factors suggest a negative stock price movement of -2% to -8% over the next two weeks.
Synaptics Incorporated (SYNA) Q2 2026 Earnings Call Transcript
Positive2-6
The earnings call highlights strong revenue expectations, optimistic guidance for Core IoT growth, and a focus on high-margin enterprise markets. While the Q&A section indicated some uncertainties, particularly in the automotive segment and Astra product timelines, the overall sentiment remains positive due to robust pipeline growth, lean inventory levels, and strategic focus on high-margin segments. Given the company's market cap and positive outlook, a stock price increase of 2% to 8% is likely.
Synaptics Incorporated (SYNA) Presents at Barclays 23rd Annual Global Technology Conference Transcript
Neutral12-10
TransAlta Corporation (TA:CA) Q3 2025 Earnings Call Transcript
Unknown11-7
The earnings call presents mixed signals. While there is optimism in product development, particularly in Core IoT and Mobile Touch, the Enterprise & Automotive outlook is weak. Financial guidance is strong, but the Q&A reveals uncertainties, especially regarding strategic partnerships and regulatory impacts. The lack of clarity on certain issues tempers the potential positive sentiment. Given the company's market cap, the stock is likely to remain stable with minor fluctuations, resulting in a neutral prediction.
SYNA Slides
Synaptics Q2 2026 slides: Core IoT drives 13% revenue growth, stock dips2026-02-05
Synaptics Q1 2026 slides: Core IoT surges 74%, driving 14% overall revenue growth2025-11-06
Synaptics Q4 2025 slides reveal 14% revenue growth, 55% surge in Core IoT segment2025-08-07
Synaptics Q3 2025 slides: Core IoT drives 12% revenue growth, EPS jumps 70%2025-05-08
SYNA Report
Frequently Asked Questions
Where does this earnings call transcript come from?
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Why do some answers appear as “Unclear” or “Inaudible”?
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Who creates the AI Summary and Key Q&A highlights shown above the transcript?
They are generated by a specialized financial-language model trained exclusively on 15+ years of earnings transcripts. The model extracts financial figures, guidance, and tone with 97%+ accuracy and is regularly validated against human analysts. The full raw transcript always remains available for verification.
