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Synaptics SYNA Reportable Segment — Intangible asset impairment charge

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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$3.99B+72.2%
Enterprise value$4.46B+59.0%
P/S3.4×+1.2×

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:ImpairmentOfIntangibleAssetsFinitelived.

The source filing: Synaptics’s 10-K, filed August 21, 2025.

Filed
Aug 21, 2025
Fiscal year
FY2025
Accession
0000817720-25-000073
Line item202520242023
Operating expenses$574.5$541.4$561.6
Less:
Stock-based compensation114.5114.7118.6
Intangible asset amortization16.717.335.4
Impairment charges13.816.0
Restructuring costs16.910.5
Other13.92.711.6
Adjusted operating expenses$398.7$380.2$396.0

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Synaptics's reportable segment — intangible asset impairment charge?
Synaptics (SYNA) reported reportable segment — intangible asset impairment charge of $3.45M in Q2 2025.
How has Synaptics's reportable segment — intangible asset impairment charge changed year-over-year?
Synaptics's reportable segment — intangible asset impairment charge decreased by 13.8% year-over-year, from $4M to $3.45M.
What does reportable segment — intangible asset impairment charge mean?
This represents a non-cash write-down of the carrying value of intangible assets when their fair value falls below their book value within the reportable segment. It serves as a signal of potential overvaluation of past acquisitions or a decline in the long-term economic utility of specific intellectual property.

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