SYNAPTICS Inc
For the period ended Jun 28, 2025. Filed Aug 21, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Aug 21, 2025
SYNA$117.25+0.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
(in millions, except per share amounts)
| Fiscal Year | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Net revenue | $1,074.3 | $959.4 | $1,355.1 |
| Cost of revenue | 593.9 | 519.6 | 639.2 |
| Gross margin | 480.4 | 439.8 | 715.9 |
| Operating expenses: | |||
| Research and development | 346.8 | 336.3 | 351.2 |
| Selling, general and administrative | 180.3 | 161.3 | 175.0 |
| Acquired intangibles amortization | 16.7 | 17.3 | 35.4 |
| Intangible asset impairment charge | 13.8 | 16.0 | — |
| Restructuring costs | 16.9 | 10.5 | — |
| Total operating expenses | 574.5 | 541.4 | 561.6 |
| Operating (loss)/income | (94.1) | (101.6) | 154.3 |
| Interest and other income | 26.9 | 42.3 | 27.2 |
| Interest expense | (39.8) | (65.3) | (55.5) |
| Loss on early extinguishment of debt | (6.5) | — | — |
| (Loss)/income before provision for income taxes | (113.5) | (124.6) | 126.0 |
| (Benefit)/provision for income taxes | (65.7) | (250.2) | 52.4 |
| Net (loss)/income | $(47.8) | $125.6 | $73.6 |
| Net (loss)/income per share: | |||
| Basic | $(1.22) | $3.20 | $1.86 |
| Diluted | $(1.22) | $3.16 | $1.83 |
| Shares used in computing net (loss)/income per share: | |||
| Basic | 39.3 | 39.2 | 39.6 |
| Diluted | 39.3 | 39.7 | 40.2 |
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