NASDAQ$SYNA

Synaptics Inc. · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Reported first quarter fiscal 2025 results with sequential and year-over-year revenue increase.

Synaptics reported a solid start to fiscal year 2025 with first quarter revenues increasing sequentially and year-over-year. The company's Core IoT products grew 55% year-over-year. Synaptics is positioning itself for long-term, sustainable growth.

  • Revenue for Q1 2025 was $257.7 million.
  • GAAP gross margin was 46.9 percent.
  • Non-GAAP gross margin was 53.9 percent.
  • Non-GAAP diluted earnings per share was $0.81.

Headline financials

Total Revenue

$258M

No prior period
EPS

-$0.58

No prior period
Non-GAAP Gross Margin

53.9%

No prior period
Capital Expenditures

-$9.1M

No prior period
Free Cash Flow

-$32.2M

No prior period
Net Income

-$23.1M

No prior period
Operating Income

-$28.4M

No prior period
Gross Profit

$121M

No prior period
Cash & Equivalents

$854M

No prior period
Total Assets

$2.79B

No prior period
R&D Expense

$81.3M

No prior period
Stock-Based Comp

$27.2M

No prior period

Revenue & EPS history

Synaptics · Revenue · Quarterly

$258M

Q1 2025
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

For the second quarter of fiscal 2025, Synaptics expects revenue of $265 million ± $15 million, GAAP gross margin of 45.0 percent ± 1.5 percent, Non-GAAP gross margin of 53.5 percent ± 1.0 percent, GAAP operating expense of $136 million ± $4 million, Non-GAAP operating expense of $96 million ± $2 million, GAAP earnings (loss) per share of ($0.45) ± $0.20, and Non-GAAP earnings per share of $0.85 ± $0.20.

Tailwinds

  • Continued sequential revenue growth

Headwinds

  • Some markets are seeing gradually improving trends
  • Forward visibility continues to remain limited

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+2.0%

Avg return

Earnings day

+2.2%

Avg return

5 days after

+2.4%

Avg return

30 days after

59%

39 / 66 earnings

Positive

+27.5%

Q1 2020

Best reaction

-21.7%

Q1 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+18.3%+23.6%+16.0%
Q2 2026+2.2%+3.9%-17.5%
Q1 2026-3.7%-1.5%+13.1%
Q3 2025+0.2%+10.6%+4.6%
Q2 2025-4.7%-4.0%-10.2%
Q1 2025+12.1%+6.6%+11.5%
Q4 2024+6.8%+10.6%+4.8%
Q3 2024-2.3%-1.6%+1.2%
Q2 2024+3.8%+0.1%-0.5%
Q4 2023+2.9%+6.3%+1.0%
Q3 2023-16.6%-13.9%-7.3%
Q2 2023-5.9%-2.0%-10.2%
Q1 2023+2.4%+11.1%+19.3%
Q4 2022-2.3%-13.7%-24.3%
Q3 2022-6.7%-11.1%-14.7%
Q2 2022-5.0%-2.0%-1.4%
Q1 2022+15.4%+17.8%+29.7%
Q4 2021+17.0%+17.6%+30.4%
Q3 2021-2.6%-7.6%+1.9%
Q2 2021+13.2%+16.8%+25.7%
Q1 2021+5.9%+0.8%+4.6%
Q4 2020+8.9%+5.1%+1.2%
Q3 2020+1.7%-1.6%+9.0%
Q2 2020+20.6%+16.4%-3.1%
Q1 2020+27.5%+29.2%+25.9%
Q4 2019+6.6%+7.5%+10.8%
Q3 2019-5.7%-3.6%-16.6%
Q2 2019+0.4%-1.7%+0.3%
Q1 2019+2.3%-1.9%+3.6%
Q4 2018-13.1%-3.4%-3.7%
Q3 2018-0.0%-7.6%+3.4%
Q2 2018+7.3%+8.1%+18.6%
Q1 2018+17.3%+10.0%-1.0%
Q4 2017-12.0%-17.4%-20.1%
Q3 2017+4.3%+2.3%+5.1%
Q2 2017-9.2%-5.8%-7.2%
Q1 2017-21.7%-20.5%-18.1%
Q4 2016-3.1%-0.5%+3.8%
Q3 2016-16.7%
Q2 2016+9.4%
Q1 2016+5.4%
Q4 2015-0.6%
Q3 2015-4.3%
Q2 2015+14.6%
Q1 2015-16.0%
Q4 2014+2.9%
Q3 2014-4.5%
Q2 2014+5.8%
Q1 2014-14.5%
Q4 2013+1.8%
Q3 2013+6.2%
Q2 2013+11.7%
Q1 2013+5.9%
Q4 2012+11.1%
Q3 2012-5.9%
Q2 2012+1.9%
Q1 2012-1.9%
Q4 2011+7.8%
Q4 2009+7.8%
Q3 2010-1.6%
Q3 2011-1.6%
Q2 2011-0.4%
Q1 2010+7.1%
Q1 2011+7.1%
Q2 2010+7.1%
Q4 2010+7.1%

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