Synaptics raised 2026 revenue outlook to $1.02B on strong demand in mobile and auto markets, reporting $245M Q1 revenue and $38M non-GAAP net income.

Synaptics reported its Q1 2026 earnings, showing revenue of $245 million, a 12% increase year-over-year, driven by strong demand for its touch and biometric solutions in mobile and automotive markets. The company posted a non-GAAP net income of $38 million, reflecting improved margins due to cost optimization and higher product mix. Synaptics raised its full-year 2026 revenue guidance to $1.02 billion, up from $980 million, citing continued growth in automotive sensor integration and expanding partnerships with major OEMs. The company also announced a new AI-powered touch controller aimed at next-generation smartphones, expected to ship in late 2026.