SYNA (SYNA) financial statements
SYNA reported revenue of $1.2B in fiscal 2026, down 3.9% a year over 9 years.
Net income was -$491M and the operating margin -5.6%, against 3.8% in 2017.
Free cash flow was $101M, and the company returned $93M in net buybacks.
The diluted share count rose 9% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from SYNA's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.7B | $1.6B | $1.5B | $1.3B | $1.3B | $1.7B | $1.4B | $959M | $1.1B | $1.2B |
| Cost of revenue | $1.2B | $1.2B | $975M | $791M | $728M | $797M | $639M | $520M | $594M | $662M |
| Gross profit | $524M | $480M | $497M | $543M | $611M | $943M | $716M | $440M | $480M | $535M |
| Research and development | $292M | $363M | $343M | $302M | $313M | $367M | $351M | $336M | $347M | $382M |
| Selling, general and admin | $138M | $154M | $131M | $127M | $145M | $168M | $175M | $161M | $180M | $198M |
| Operating income | $65M | -$62M | -$6M | $69M | $147M | $350M | $154M | -$102M | -$94M | -$67M |
| Interest expense | $6M | $22M | $21M | $22M | $30M | $30M | $56M | $65M | $40M | $23M |
| Pre-tax income | $61M | -$82M | -$21M | $159M | $120M | $320M | $126M | -$125M | -$114M | -$79M |
| Income tax | $12M | $40M | $300,000 | $39M | $31M | $65M | $52M | -$250M | -$66M | $411M |
| Net income | $49M | -$124M | -$23M | $119M | $80M | $258M | $74M | $126M | -$48M | -$491M |
| EPS (diluted) | $1.37 | -$3.63 | -$0.66 | $3.41 | $2.08 | $6.33 | $1.83 | $3.16 | -$1.22 | -$12.62 |
| Diluted shares | 36M | 34M | 35M | 35M | 38M | 41M | 40M | 40M | 39M | 39M |
| Gross margin | 30.5% | 29.4% | 33.8% | 40.7% | 45.6% | 54.2% | 52.8% | 45.8% | 44.7% | 44.7% |
| Operating margin | 3.8% | -3.8% | -0.4% | 5.2% | 11.0% | 20.1% | 11.4% | -10.6% | -8.8% | -5.6% |
| Net margin | 2.8% | -7.6% | -1.6% | 8.9% | 5.9% | 14.8% | 5.4% | 13.1% | -4.4% | -41.0% |
Balance sheet
Fiscal years, from SYNA's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $368M | $301M | $328M | $763M | $836M | $876M | $934M | $877M | $452M | $442M |
| Receivables | $255M | $289M | $230M | $195M | $228M | $322M | $164M | $142M | $130M | $164M |
| Inventory | $131M | $131M | $159M | $102M | $82M | $170M | $137M | $114M | $140M | $156M |
| Total current assets | $792M | $740M | $731M | $1.1B | $1.2B | $1.4B | $1.3B | $1.2B | $752M | $787M |
| Property, plant and equipment | $114M | $118M | $103M | $84M | $91M | $63M | $66M | $76M | $72M | $87M |
| Goodwill | $207M | $373M | $373M | $361M | $570M | $807M | $816M | $816M | $872M | $872M |
| Total assets | $1.3B | $1.5B | $1.4B | $1.7B | $2.2B | $2.9B | $2.6B | $2.8B | $2.6B | $2.1B |
| Total current liabilities | $310M | $284M | $254M | $244M | $787M | $463M | $260M | $277M | $271M | $701M |
| Long-term debt | $202M | — | — | $100M | $394M | $976M | $972M | $967M | $835M | $398M |
| Total liabilities | $526M | $770M | $752M | $875M | $1.3B | $1.6B | $1.4B | $1.4B | $1.2B | $1.2B |
| Shareholders' equity | $740M | $729M | $656M | $819M | $967M | $1.3B | $1.2B | $1.5B | $1.4B | $930M |
| Net debt | -$151M | -$301M | -$328M | -$663M | -$442M | $158M | $53M | $96M | $443M | $395M |
Cash flow
Fiscal years, from SYNA's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $153M | $145M | $154M | $222M | $319M | $463M | $332M | $136M | $142M | $149M |
| Capital spending | $31M | $34M | $24M | $16M | $21M | $31M | $34M | $34M | $26M | $48M |
| Free cash flow | $122M | $111M | $130M | $206M | $298M | $432M | $297M | $102M | $116M | $101M |
| Stock-based compensation | $62M | $71M | $59M | $49M | $66M | $101M | $122M | $119M | $113M | $149M |
| Share buybacks (net) | -$88M | -$94M | -$118M | -$30M | $0 | $0 | -$184M | $0 | -$128M | -$93M |
| Net borrowing | -$19M | -$220M | — | $0 | $400M | $600M | $0 | $0 | $440M | $0 |
| Free cash flow margin | 7.1% | 6.8% | 8.9% | 15.4% | 22.3% | 24.8% | 21.9% | 10.6% | 10.8% | 8.5% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for SYNA.
Open SYNA in InvestinglyQuestions
What was SYNA's revenue in 2026?
$1.2B in fiscal 2026, from its 10-K filing.
How much free cash flow does SYNA generate?
$101M in fiscal 2026 (operating cash flow minus capital spending).
From SYNA's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.