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Synaptics SYNA Reportable Segment — Benefit from income taxes

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Other financials

Income statement

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Revenue$294.2M+10.4%
Gross profit$133.3M+15.1%
Operating income-$12.7M+51.7%
Net income-$8.0M+63.3%
EPS (diluted)-$0.21+62.5%

Balance sheet

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Cash & equivalents$404.4M+12.2%
Total debt$879.4M-0.2%
Total equity$1.4B-2.0%
Total assets$2.5B-1.2%

Cash flow

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Operating cash flow$21.8M-70.3%
CapEx$11.9M+120%
Free cash flow$9.9M-85.4%

Valuation

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Market cap$5.44B+8.6%

Profitability

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Gross margin43.6%-1.9pp
Operating margin-6.4%-1.6pp
Net margin-4.1%-20.0pp
FCF margin8.3%-3.6pp

Returns & leverage

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Return on equity-3.5%-16.1pp
Debt / equity0.6×0.0×
Current ratio+0.2×

Where this comes from

Reported directly by Synaptics in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Synaptics’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Synaptics's reportable segment — benefit from income taxes?
Synaptics (SYNA) reported reportable segment — benefit from income taxes of -$7.2M in Q1 2026.
How has Synaptics's reportable segment — benefit from income taxes changed year-over-year?
Synaptics's reportable segment — benefit from income taxes decreased by 28.6% year-over-year, from -$5.6M to -$7.2M.
What is the long-term trend for Synaptics's reportable segment — benefit from income taxes?
Over 2 years (2023 to 2025), Synaptics's reportable segment — benefit from income taxes has grown at a 12.0% compound annual growth rate (CAGR), from $52.4M to -$65.7M.
What does reportable segment — benefit from income taxes mean?
This represents the tax credit or reduction in tax liability recognized by the segment, often resulting from operating losses or specific tax planning strategies. It indicates the impact of the tax environment on the segment's net financial results. A significant benefit can temporarily inflate net income, requiring careful analysis of its sustainability.