Company / Gross Margin
Synaptics Gross Margin History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
45.8%
FY2024
5-year range
45.8% / 54.2%
FY2020-FY2024
Trend
-13.2%
vs FY2023
Sector context
#145 of 225
Information Technology
What the data says
At 45.8%, Synaptics's gross margin ranks #145 of 225 in the Information Technology sector. Declined from 52.8% to 45.8% over the past 2 years.
Based on SEC 10-K filings.
45.8% in FY2024 with a 5-year CAGR of +15.4%.
Declined from 52.8% to 45.8% over the past 2 years.
Information Technology sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- -8.4pp
- 5-Year Change
- +15.4pp
- 10-Year Change
- -
Sector benchmark
#145 of 225 in Information TechnologyTop 64% of 225This company 45.8% Sector average 53.6%
▼
-14.5% below sector average
Key checks
Key Insights
- In FY2024, gross margin decreased 13.2% year-over-year.
- Currently 7.8pp below the Information Technology sector average.
- Peak gross margin was recorded in FY2021.
- Lowest gross margin in the period was in FY2020.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score 1.02 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | 45.8% | -13.2% |
| FY2023 | 52.8% | +0.0% |
| FY2022 | 52.8% | -2.5% |
| FY2021 | 54.2% | +84.1% |
| FY2020 | 29.4% | -3.3% |
| FY2019 | 30.5% | -9.8% |
| FY2018 | 33.8% | -0.6% |
| FY2017 | 34.0% | -26.2% |
| FY2016 | 46.0% | -6.3% |
As of FY2024 · SEC 10-K · Updated Jun 30, 2026