Synaptics (SYNA) Operating Leases (2019 - 2024)
Synaptics' (SYNA) quarterly Operating Leases came in at $37.9 million in Q2 2024, down 10.61% on a YoY basis from $42.4 million in Q2 2023, and down 3.56% quarter-over-quarter from $39.3 million in Q1 2024.
Analysis
Synaptics (SYNA) Operating Leases (2019 - 2024) Analysis & Trends
Synaptics (SYNA) has reported Operating Leases for 6 consecutive years, with $37.9 million the latest figure, recorded in Q2 2024.
- For the quarter ending Q2 2024, Operating Leases fell 10.61% year-over-year to $37.9 million; the trailing twelve-month figure through Jun 2024 stood at $37.9 million (down 10.61% YoY), and the FY2024 full-year result was $37.9 million, down 10.61% from the prior year.
- Operating Leases slipped to $37.9 million in Q2 2024 per SYNA's latest filing, from $39.3 million in the prior quarter.
- Across five years, Operating Leases topped out at $54.6 million in Q1 2022 and bottomed at $14.6 million in Q2 2020.
- Historically, Operating Leases has averaged $38.2 million across 5 years, with a median of $39.7 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Leases jumped 114.58% in 2022, then fell 19.41% in 2023.
- Over 5 years, Operating Leases stood at $14.6 million in 2020, then surged by 141.1% to $35.2 million in 2021, then advanced by 28.69% to $45.3 million in 2022, then decreased by 12.36% to $39.7 million in 2023, then dropped by 4.53% to $37.9 million in 2024.
- According to Business Quant data, Operating Leases over the past three periods registered $37.9 million, $39.3 million, and $39.7 million for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nvidia | 5,260.79 Bn | 5,195.56 Bn | 72.14 Bn |
| 2 | Broadcom | 1,728.14 Bn | 1,704.17 Bn | 20.46 Bn |
| 3 | Advanced Micro Devices | 842.32 Bn | 829.21 Bn | 6.20 Bn |
| 4 | Arm Holdings | 280.94 Bn | 277.05 Bn | 1.25 Bn |
| 5 | Marvell Technology | 207.04 Bn | 203.10 Bn | 1.46 Bn |
| 6 | Qualcomm | 192.34 Bn | 184.04 Bn | 5.28 Bn |
| 7 | Monolithic Power Systems | 60.66 Bn | 59.25 Bn | 541.07 Mn |
| 8 | Astera Labs | 50.52 Bn | 49.27 Bn | 287.57 Mn |
| 9 | Credo Technology Group Holding | 30.60 Bn | 29.83 Bn | 309.08 Mn |
| 10 | Synaptics | 3.95 Bn | 3.50 Bn | 145.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 29, 2024 | 37.90 Mn |
| Mar 30, 2024 | 39.30 Mn |
| Dec 30, 2023 | 39.70 Mn |
| Sep 30, 2023 | 40.90 Mn |
| Jun 24, 2023 | 42.40 Mn |
| Mar 25, 2023 | 44.00 Mn |
| Dec 24, 2022 | 45.30 Mn |
| Sep 24, 2022 | 48.70 Mn |
| Jun 25, 2022 | 51.50 Mn |
| Mar 26, 2022 | 54.60 Mn |
| Dec 25, 2021 | 35.20 Mn |
| Sep 25, 2021 | 28.00 Mn |
| Jun 26, 2021 | 24.00 Mn |
| Mar 27, 2021 | 26.90 Mn |
| Jun 27, 2020 | 14.60 Mn |
| Dec 31, 2019 | 16.80 Mn |
| Sep 30, 2019 | 17.80 Mn |