Slide 1: Second Quarter Fiscal 2026 Earnings Supplemental Slides
Second Quarter Fiscal 2026 Earnings Supplemental Slides February 5, 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: Fifth Consecutive Quarter of Double-Digit Revenue Growth
Fifth Consecutive Quarter of Double-Digit Revenue Growth Core IoT Momentum Continues Total Non-GAAP EPS Revenue Revenue Growth Growth (1) Q2 2026 Q2 2026 Q2 2026 Revenue $ YoY Growth YoY Growth Core IoT Revenue Growth Q2 2026 YoY Growth (1) Non-GAAP EPS is a non-GAAP measure. See the tables at the e
Slide 4: High-Performance Semiconductor Solutions Leader
High-Performance Semiconductor Solutions Leader Core IoT Product Broad Product Portfolio Revenue Strong Margin Profile Applications Analog Mixed-Signal Q2’26 Revenue Q2’26 Non-GAAP Gross Q2’26 Core IoT Revenue Multi-Core Processors up 13% YoY Margin 53.6%(1) Grew 53% YoY Wireless Connectivity Note:
Slide 5: Technology Leadership Across The Product Portfolio
Technology Leadership Across The Product Portfolio Core IoT Applications Enterprise & Automotive Mobile Touch PC Touchpad/ Wireless Video Interface Biometric Fingerprint Processors Enterprise Telephony Automotive © 2025©Synaptics 2026 Synaptics Incorporated Incorporated 5 5
Slide 6: Q2'FY26 Financial Highlights
Q2’FY26 Financial Highlights Mobile • Revenue of $302.5 million, up 13% YoY Core IoT $48 • Core IoT revenue increased 53% YoY $93 • GAAP & Non-GAAP gross margins (1) improved QoQ Q2’FY26 – GAAP gross margin of 43.5% Revenue – Non-GAAP gross margin of 53.6% $302.5M • GAAP loss per share of $0.38 • No
Slide 7: Solid YoY Growth
Solid YoY Growth Revenue Core IoT Revenue Non-GAAP EPS $303 $93 $1.21 $267 $0.92 $61 Q2 '25 Q2 '26 Q2 '25 Q2 '26 Q2 '25 Q2 '26 Revenue up 13% YoY Core IoT revenue increased 53% Non-GAAP EPS growth of 32%(1) (1) Non-GAAP EPS is a non-GAAP measure. For a reconciliation to the most directly comparable
Slide 8: Quarterly Revenue and Gross Margin Trend
Quarterly Revenue and Gross Margin Trend Total Revenue ($M) GAAP Gross Margin Non-GAAP Gross Margin(1) $303 $293 53.6% 53.5% 53.5% 53.2% 53.6% $283 45.7% 43.4% 43.0% 43.5% 42.6% $267 $267 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Note: As-reported, not
Slide 9: Q2 'FY26 Financial Results
Q2 ‘FY26 Financial Results $M (except EPS) Q2'25 Q1’26 Q2'26 QoQ YoY Revenue $267.2 $292.5 $302.5 3% 13% GAAP Gross Margin % 45.7% 42.6% 43.5% 90 bps -220 bps GAAP Operating Expenses $137.4 $147.8 $146.8 (1%) 7% GAAP Operating Margin -5.7% -8.0% -5.0% 300 bps 70 bps GAAP EPS $0.05 ($0.53) ($0.38) 28
Slide 10: Q2 'FY26 Balance Sheet
Q2 ‘FY26 Balance Sheet In Millions Q2'25 Q1’26 Q2'26 Cash & ST Investments $596.1 $459.9 $437.4 Accounts Receivables $146.5 $119.5 $132.7 Inventory $119.5 $143.1 $158.0 PP&E $75.3 $77.4 $83.1 Other $1,590.1 $1,777.2 $1,752.1 Total Assets $2,527.5 $2,577.1 $2,563.3 Current Liabilities (excluding debt
Slide 11: Q3 'FY26 Guidance
Q3 ‘FY26 Guidance $M (except EPS) GAAP Non-GAAP Revenue $290M ± $10M $290M ± $10M Gross Margin* 45.0% ± 2.0% 53.5% ± 1.0% Operating Expenses** $150M ± $4M $106M ± $2M EPS*** ($0.46) ± $0.25 $1.00 ± $0.15 Revenue mix Core IoT 32% 32% Enterprise & Auto 54% 54% Mobile 14% 14% *Projected Non-GAAP gross
Slide 12: Appendix
First Quarter Fiscal 2026 Earnings Appendix © 2025 Synaptics Incorporated 12
Slide 13: GAAP to Non-GAAP Reconciliation Tables
GAAP to Non-GAAP Reconciliation Tables © 2025©Synaptics 2026 Synaptics Incorporated Incorporated 13 13
Slide 14: GAAP to Non-GAAP Reconciliation Tables - continued
GAAP to Non-GAAP Reconciliation Tables - continued © 2025©Synaptics 2026 Synaptics Incorporated Incorporated 14 14
Slide 15: 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 -