Synaptics Incorporated reported revenue of $293.0 million for the first quarter of fiscal 2026, representing a 14% year-over-year increase. Core IoT revenue grew 74% to $104.0 million compared to the prior year period. Non-GAAP diluted earnings per share rose 35% to $1.09 from $0.81 in the first quarter of fiscal 2025. Non-GAAP gross margin was 53.2%. Cash and short-term investments totaled $459.9 million at the end of the quarter. Cash flow from operations was $30.0 million. The company noted continued uncertainty in the global trade and tariff environment.
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