SYNAPTICS Inc
For the period ended Jun 28, 2025. Filed Aug 21, 2025.
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FY2025 · Filed Aug 21, 2025
SYNA$117.70+0.4%Stored close · as of Nov 10, 2026
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Item 8. Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in millions)
| Fiscal Year | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Cash flows from operating activities | |||
| Net (loss)/income | $(47.8) | $125.6 | $73.6 |
| Adjustments to reconcile net (loss)/income to net cash provided by operating activities: | |||
| Share-based compensation costs | 112.8 | 118.8 | 122.0 |
| Depreciation | 28.9 | 27.6 | 27.4 |
| Acquired intangible assets amortization | 114.2 | 81.6 | 130.4 |
| Deferred taxes | (75.4) | (288.8) | (25.9) |
| Intangible asset impairment charge | 13.8 | 16.0 | — |
| Other | 24.7 | 25.0 | 27.4 |
| Changes in operating assets and liabilities, net of acquisitions: | |||
| Accounts receivable, net | 12.3 | 22.4 | 161.3 |
| Inventories | (25.1) | 6.5 | 24.6 |
| Prepaid expenses and other assets | 12.0 | (14.3) | 3.3 |
| Accounts payable | 10.8 | 38.9 | (95.6) |
| Income taxes payable | (43.3) | (19.1) | (15.6) |
| Other accrued liabilities | 4.1 | (4.3) | (101.4) |
| Net cash provided by operating activities | 142.0 | 135.9 | 331.5 |
| Cash flows from investing activities | |||
| Acquisition of business, net of cash and cash equivalents acquired | (201.1) | — | (15.5) |
| Advance payment on intangible assets | — | (120.3) | — |
| Proceeds from maturities of investments | — | 26.5 | 21.4 |
| Proceeds from sale of investments | — | — | 22.2 |
| Purchases of short-term investments | (61.0) | (16.6) | — |
| Purchases of property and equipment | (25.8) | (33.8) | (34.2) |
| Purchase of intangible assets | (10.0) | (13.5) | — |
| Other | — | — | 0.1 |
| Net cash used by investing activities | (297.9) | (157.7) | (6.0) |
| Cash flows from financing activities | |||
| Proceeds from issuance of convertible notes, net of issuance costs | 439.5 | — | — |
| Payment of debt issuance costs on convertible senior notes and revolving credit facility | (4.4) | — | — |
| Payments for capped call transactions related to convertible senior notes | (49.9) | — | — |
| Proceeds from issuance of shares | 13.9 | 15.9 | 17.6 |
| Payroll taxes related to net share settlement of share-based awards | (19.6) | (36.9) | (54.5) |
| Repurchases of common stock, exclusive of excise taxes | (128.3) | — | (183.5) |
| Repayment of debt | (583.5) | (7.5) | (6.0) |
| Other | 0.9 | 3.4 | 5.1 |
| Net cash used by financing activities | (331.4) | (25.1) | (221.3) |
| Effect of exchange rate changes on cash and cash equivalents | 1.9 | (0.9) | (3.5) |
| Net (decrease)/increase in cash and cash equivalents | (485.4) | (47.8) | 100.7 |
| Cash and cash equivalents, beginning of period | 876.9 | 924.7 | 824.0 |
| Cash and cash equivalents, end of period | $391.5 | $876.9 | $924.7 |
| Supplemental disclosures of cash flow information | |||
| Cash paid for taxes, net of refunds | $47.2 | $55.2 | $91.4 |
| Cash paid for interest | $38.7 | $63.4 | $51.9 |
| Supplemental disclosures of non-cash transactions | |||
| Deferred payment of purchase consideration | $3.2 | $— | $— |
| Purchases of property and equipment in current liabilities | $3.5 | $4.3 | $2.2 |
| Receipt of intangible assets from advance payments | $— | $74.0 | $30.0 |
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