Synaptics Incorporated (SYNA)

Net profit margin

		Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020
Net income (ttm)	US$ in thousands	-47,800	165,200	168,900	158,100	125,600	-106,100	-77,600	-46,600	73,600	179,900	234,400	281,900	257,500	193,600	142,500	122,600	79,600	150,600	141,800	112,000
Revenue (ttm)	US$ in thousands	1,074,300	1,038,900	1,009,600	979,400	959,400	939,300	1,028,600	1,144,700	1,355,100	1,604,200	1,747,700	1,815,100	1,739,700	1,591,100	1,446,800	1,383,900	1,339,600	1,289,400	1,291,700	1,322,400
Net profit margin		-4.45%	15.90%	16.73%	16.14%	13.09%	-11.30%	-7.54%	-4.07%	5.43%	11.21%	13.41%	15.53%	14.80%	12.17%	9.85%	8.86%	5.94%	11.68%	10.98%	8.47%

June 30, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-47,800K ÷ $1,074,300K
= -4.45%

The net profit margin of Synaptics Incorporated exhibits significant fluctuations over the observed period, reflecting varying profitability levels. From September 30, 2020, to March 31, 2022, the company's net profit margin generally demonstrated an upward trend, rising from 8.47% to a peak of 12.17%. This period suggests improved profitability, likely driven by favorable revenue growth and cost management.

Between June 30, 2021, and September 30, 2022, the net profit margin continued to strengthen, reaching a maximum of 15.53%, indicating a period of enhanced operational efficiency or favorable market conditions. However, commencing in late 2022, the margin began to decline, with December 31, 2022, recording a decrease to 13.41%, and further reductions following, culminating in negative margins of -4.07% on September 30, 2023, and -7.54% on December 31, 2023. These negative profit margins suggest that the company experienced periods of losses, possibly due to increased costs, declining revenues, or extraordinary charges.

In early 2024, a notable turnaround occurred, with margins improving to 13.09% as of June 30, 2024. This recovery continued through September 2024 to 16.14%, and further to 16.73% by December 31, 2024, indicating a period of restored profitability. The positive trend persisted into early 2025, with the margin at 15.90% on March 31, 2025. However, a downward shift reappeared with a margin of -4.45% on June 30, 2025, signaling renewed challenges affecting profitability.

Overall, the net profit margin trajectory of Synaptics Incorporated shows a pattern of initial growth, subsequent decline into losses, followed by recovery, and later volatility. These fluctuations are indicative of the company's sensitivity to changing market conditions, cost structures, product demand, or strategic initiatives implemented during this timeframe.