Slide 1: Third Quarter Fiscal 2026 Earnings Supplemental Slides
Third Quarter Fiscal 2026 Earnings Supplemental Slides May 7, 2026 © 2026 Synaptics Incorporated 1
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the safe harbors created under the Securities Act of 1933, as amended, and the Securities Act of 1934, as amended. Such forward-looking statement
Slide 3: Core IoT Fueling Double-Digit Revenue Growth
Core IoT Fueling Double-Digit Revenue Growth Core IoT revenue increased 31% YoY Total Non-GAAP EPS Revenue Revenue Growth Growth (1) Q3 2026 Q3 2026 Q3 2026 Revenue $ YoY Growth YoY Growth Core IoT Revenue Growth Q3 2026 YoY Growth (1) Non-GAAP EPS is a non-GAAP measure. See the tables at the end of
Slide 4: Powering the Intelligent Edge
Powering the Intelligent Edge Core IoT Product Broad Product Portfolio Revenue Strong Margin Profile Applications Analog Mixed-Signal Q3’26 Revenue Q3’26 Non-GAAP Gross Q3’26 Core IoT Revenue Multi-Core Processors up 10% YoY Margin 53.6%(1) Grew 31% YoY Wireless Connectivity Note: As-reported Q3 fis
Slide 5: From Interfaces to Human Experiences
From Interfaces to Human Experiences Smart Home Industrial Enterprise © 2026 Synaptics Incorporated 5
Slide 6: Shaping Physical AI & Robotics
Shaping Physical AI & Robotics Edge AI enables robots to operate with human-like perception and Autonomous Robots decision-making. Processing vision, touch, audio, and contextual data locally for instant response, safety, Robotic Systems and reliability. Real-Time Perception & Control Autonomous Edg
Slide 7: Q3 'FY26 Financial Highlights
Q3 ‘FY26 Financial Highlights • Revenue of $294.2 million, up 10% YoY Mobile $38 Core IoT • Core IoT revenue increased 31% YoY $88 • GAAP & Non-GAAP gross margins(1) were above the mid- point of the guidance – GAAP gross margin of 45.3% Q3’FY26 Revenue – Non-GAAP gross margin of 53.6% $294.2M • GAAP
Slide 8: Core IoT Revenue Expansion
Core IoT Revenue Expansion 47% Core IoT revenue CAGR Core IoT Revenue ($M) Core IoT Revenue Mix $385M+ ~32% (Mid-Point of Q4 Guide) 25% $272 $178 19% FY24 FY25 FY26E FY24 FY25 FY26E Note: FY26E is based on the mid-point of the guidance for fiscal Q4 and represents an estimate CAGR is calculated from
Slide 9: YoY Growth Driven by Core IoT Strength
YoY Growth Driven by Core IoT Strength Revenue ($M) Core IoT Revenue ($M) Non-GAAP EPS $294 $1.09 $88 $267 $0.90 $68 Q3 '25 Q3 '26 Q3 '25 Q3 '26 Q3 '25 Q3 '26 Revenue up 10% YoY Core IoT revenue increased 31% Non-GAAP EPS growth of 21%(1) (1) Non-GAAP EPS is a non-GAAP measure. For a reconciliation
Slide 10: Quarterly Revenue and Gross Margin Trend
Quarterly Revenue and Gross Margin Trend Total Revenue ($M) GAAP Gross Margin Non-GAAP Gross Margin(1) $303 53.5% 53.5% 53.2% 53.6% 53.6% $293 $294 $283 45.3% 43.4% 43.0% 43.5% 42.6% $267 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Note: As-reported, not
Slide 11: Q3 'FY26 Financial Results
Q3 ‘FY26 Financial Results $M (except EPS) Q3'25 Q2’26 Q3'26 QoQ YoY Revenue $266.6 $302.5 $294.2 (3%) 10% GAAP Gross Margin % 43.4% 43.5% 45.3% 180 bps 190 bps GAAP Operating Expenses $142.1 $146.8 $146.0 (1%) 3% GAAP Operating Margin -9.9% -5.0% -4.3% 70 bps 560 bps GAAP EPS ($0.56) ($0.38) ($0.21
Slide 12: Q3 'FY26 Balance Sheet
Q3 ‘FY26 Balance Sheet In Millions Q3'25 Q2’26 Q3'26 Cash & ST Investments $421.4 $437.4 $404.4 Accounts Receivables $132.0 $132.7 $162.5 Inventory $132.9 $158.0 $161.3 PP&E $71.0 $83.1 $82.5 Other $1,797.0 $1,752.1 $1,711.7 Total Assets $2,554.3 $2,563.3 $2,522.4 Current Liabilities (excluding debt
Slide 13: Q4 'FY26 Guidance
Q4 ‘FY26 Guidance $M (except EPS) GAAP Non-GAAP Revenue $305M ± $10M $305M ± $10M Gross Margin* 46.0% ± 2.0% 53.5% ± 1.0% Operating Expenses** $146M ± $4M $105M ± $2M EPS*** ($0.17) ± $0.25 $1.20 ± $0.15 Revenue mix Core IoT 33% 33% Enterprise & Auto 54% 54% Mobile 13% 13% *Projected Non-GAAP gross
Slide 14: Thank You
Thank You © 2026 Synaptics Incorporated 14
Slide 15: Appendix
Appendix © 2025 Synaptics Incorporated 15
Slide 16: GAAP to Non-GAAP Reconciliation Tables
GAAP to Non-GAAP Reconciliation Tables © 2026 Synaptics Incorporated 16
Slide 17: GAAP to Non-GAAP Reconciliation Tables - continued
GAAP to Non-GAAP Reconciliation Tables - continued © 2026 Synaptics Incorporated 17
Slide 18: Economic dilutive impact of a Convertible and Capped call
Economic dilutive impact of a Convertible and Capped call Dilution from (Accretion) from Stock Price Convertible (mm) Capped Call (mm) Net Dilution (mm) $75.24 0 0 0 $80.00 0 0 0 $90.00 0 0 0 $100.00 0.0 -0.0 0 $110.00 0.4 -0.4 0 $120.00 0.8 -0.8 0 $130.00 1.1 -1.1 0 $140.00 1.3 -1.3 0 $150.00 1.5 -