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Synopsys

Latest quarter: Q3 FY2026, ended August 2026

SNPS · NasdaqEDA & IP

Compare in Financials

About the company

Synopsys supplies electronic design automation (EDA) software that chip designers use to design, verify and prepare integrated circuits for manufacturing, and it licenses semiconductor intellectual property such as interface and foundation IP. Its acquisition of Ansys in 2025 added simulation and analysis software used by engineers across many industries. Its customers include nearly all major chip designers and foundries, as well as systems companies designing their own silicon. Most revenue is recurring, from time-based software licences and maintenance.

Silicon Analytica summary based on the company's latest annual report

Key figures

Q3 FY2026 · 31 Jul 2026

Revenue
▲ +42.4% y/y
Operating income
▲ +116.3% y/y
Gross marginCalc.
−5.6 pp y/y
Operating marginCalc.
+4.9 pp y/y
Net income
▲ +125.1% y/y
Free cash flowCalc.
▲ +18.0% y/y

Figures from company filings. Calculated values marked Calc. · Methodology →

How the company earns its revenue

Two reportable segments. Design Automation includes Ansys products since the acquisition closed on 17 July 2025; Software Integrity is reported as discontinued operations.

$75.2of every $100Design Automation$5.3B in FY2025

Total of categories: US$7.1B, reconciles to reported revenue. Different classifications are never added together.

View sources

Quarterly trend

12 available quarters · US GAAP

Revenue, USD (left) · gross margin, % (right) · US GAAPRevenueGross margin$0$1B$2B$3BQ4 FY2023Q2 FY2024Q4 FY2024Q2 FY2025Q4 FY2025Q2 FY2026Revenue, Q4 FY2023: US$1.3B (Calculated)$1.3BRevenue, Q1 FY2024: US$1.5B (Reported)$1.5BRevenue, Q2 FY2024: US$1.5B (Reported)$1.5BRevenue, Q3 FY2024: US$1.5B (Reported)$1.5BRevenue, Q4 FY2024: US$1.6B (Calculated)$1.6BRevenue, Q1 FY2025: US$1.5B (Reported)$1.5BRevenue, Q2 FY2025: US$1.6B (Reported)$1.6BRevenue, Q3 FY2025: US$1.7B (Reported)$1.7BRevenue, Q4 FY2025: US$2.3B (Calculated)$2.3BRevenue, Q1 FY2026: US$2.4B (Reported)$2.4BRevenue, Q2 FY2026: US$2.3B (Reported)$2.3BRevenue, Q3 FY2026: US$2.5B (Reported)$2.5B60%90%Gross margin, Q4 FY2023: 82.2% (Calculated)Gross margin, Q1 FY2024: 81.5% (Calculated)Gross margin, Q2 FY2024: 79.4% (Calculated)Gross margin, Q3 FY2024: 80.9% (Calculated)Gross margin, Q4 FY2024: 77.1% (Calculated)Gross margin, Q1 FY2025: 81.4% (Calculated)Gross margin, Q2 FY2025: 80.2% (Calculated)Gross margin, Q3 FY2025: 78.1% (Calculated)Gross margin, Q4 FY2025: 71.0% (Calculated)Gross margin, Q1 FY2026: 73.5% (Calculated)Gross margin, Q2 FY2026: 72.3% (Calculated)Gross margin, Q3 FY2026: 72.6% (Calculated)72.6%Source: Synopsys quarterly filings and results releases · gross margin = gross profit ÷ revenue, calculated bySilicon AnalyticaSilicon Analyticasiliconanalytica.com/companies/synopsys
View sources
  • Synopsys Form 10-K · XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; consolidated statements · Q4 FY2023, Q4 FY2024, Q4 FY2025 · published 22 Dec 2025 · covers
  • Synopsys Form 10-Q · XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; consolidated statements · Q1 FY2024 · published 26 Feb 2025 · covers
  • Synopsys Form 10-Q · XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; consolidated statements · Q2 FY2024 · published 28 May 2025 · covers
  • Synopsys Form 10-Q · XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; consolidated statements · Q3 FY2024 · published 9 Sept 2025 · covers
  • Synopsys Form 10-Q · XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; consolidated statements · Q1 FY2025, Q1 FY2026 · published 25 Feb 2026 · covers
  • Synopsys Form 10-Q · XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; consolidated statements · Q2 FY2025, Q2 FY2026 · published 27 May 2026 · covers
  • Synopsys Form 10-Q · XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; consolidated statements · Q3 FY2025, Q3 FY2026 · published 26 Aug 2026 · covers

Financial statements

Full page →

As filed with the SEC (10-K/10-Q), from XBRL data. US$ millions, except per-share amounts; shares in millions.

Line itemQ3 FY2026To 31 Jul 202610-Q ↗Q2 FY2026To 30 Apr 202610-Q ↗Q1 FY2026To 31 Jan 202610-Q ↗Q4 FY2025To 31 Oct 202510-K ↗Q3 FY2025To 31 Jul 202510-Q ↗
Revenue2,4772,2762,4092,255c1,740
Cost of revenue679630637655c381
Gross profit1,7971,6461,7711,600c1,359
Gross margin72.6%72.3%73.5%71.0%78.1%
Research & development720700715747c625
Selling, general & administrative563c554c579c576c540c
Operating income357120203121c165
Operating margin14.4%5.3%8.4%5.4%9.5%
Interest & other, net4603239590c171
Pre-tax income6841979517c189
Income tax1382.41468c−53
Net income5461765449c243
Net margin22.0%0.8%2.7%19.9%13.9%
Diluted EPS2.840.090.34—1.50
Diluted shares192192191—162

Columns link to the filing. c Calculated by Silicon Analytica from filed figures (hover for the formula); fourth-quarter flows are fiscal year minus nine months. Margins are calculated. Fourth-quarter per-share figures are not filed separately and are left blank.

View sources (5)
  1. Synopsys 10-Q filed 26 Aug 2026 · accession 0000883241-26-000025
  2. Synopsys 10-Q filed 27 May 2026 · accession 0000883241-26-000018
  3. Synopsys 10-Q filed 25 Feb 2026 · accession 0000883241-26-000014
  4. Synopsys 10-K filed 22 Dec 2025 · accession 0000883241-25-000028
  5. Synopsys 10-Q filed 9 Sept 2025 · accession 0000883241-25-000024

Values: SEC XBRL company facts (data.sec.gov), refreshed 8 Nov 2026. A period's original filing is used unless a later filing restated it.

Earnings history

Synopsys's results by period: revenue, margins and segments from stored filings.

Quarters

Fiscal years

Five-year financial history

US GAAP

Latest 5 completed fiscal years, US GAAP, USD, as reported in annual filings (restated comparatives used where later filings revised them). Ratios and growth are Silicon Analytica calculations from the same records.

Revenue

USD · fiscal years · US GAAP · reported

Revenue (USD)FY2021: US$4.2BUS$4.2BFY202131 Oct 2021FY2022: US$4.6BUS$4.6BFY202231 Oct 2022FY2023: US$5.3BUS$5.3BFY202331 Oct 2023FY2024: US$6.1BUS$6.1BFY202431 Oct 2024FY2025: US$7.1BUS$7.1BFY202531 Oct 2025Silicon AnalyticaSynopsys Form 10-K filed 2025-12-22

Net income attributable to shareholders

USD · fiscal years · US GAAP · reported

Net income attributable to shareholders (USD)FY2021: US$758MUS$758MFY202131 Oct 2021FY2022: US$985MUS$985MFY202231 Oct 2022FY2023: US$1.2BUS$1.2BFY202331 Oct 2023FY2024: US$2.3BUS$2.3BFY202431 Oct 2024FY2025: US$1.3BUS$1.3BFY202531 Oct 2025Silicon AnalyticaSynopsys Form 10-K filed 2025-12-22
Synopsys annual results
USDFY2021ended 31 Oct 2021FY2022ended 31 Oct 2022FY2023ended 31 Oct 2023FY2024ended 31 Oct 2024FY2025ended 31 Oct 2025
Revenue
Gross profit
Gross margin
Operating income
Operating margin
Net income (attributable)
Diluted EPS
R&D expense
R&D as % of revenue

Business model and industry role

Design Automation

This segment includes electronic design automation (EDA) and simulation and analysis (S&A) software used to design, verify, and test integrated circuits and electronic systems [1].

Design IP

This segment provides pre-designed and pre-verified circuits, known as intellectual property, that engineers use as components in larger chip designs [1].

Synopsys.ai

This is a suite of artificial intelligence solutions used to automate and accelerate the chip design and verification process [1].

Who buys it

Customers include semiconductor and electronics systems companies, as well as firms in aerospace and defence, automotive, energy, and healthcare 1.

How it earns revenue

The company earns revenue by licensing software through subscriptions or perpetual agreements, selling or leasing hardware systems, and licensing intellectual property with fees that are sometimes based on royalties 1.

What it depends on

The business depends on its highly skilled workforce and its ability to protect proprietary rights through patents, copyrights, and trade secret laws 1.

What drives profitabilityIncludes Silicon Analytica view

Profitability is driven by helping customers manage increasing design complexity and pressure to deliver new products faster and at lower prices 1.

Competitive position, drivers and risks

Competitive position

Synopsys competes with other EDA vendors, IP providers, and customers' own internally developed tools and solutions 1.

Evidence

The company reports that the EDA industry is highly competitive 1.

Growth drivers and conditions

Company view: Competition is based on technology leadership, product quality, price, customer support, and interoperability with other products 1.

Cyclicality and downside risks

Reported: Some customers internally develop design tools and capabilities that compete with the company's products 1.

What to watch next

  1. Integration of the Ansys business and its S&A software
  2. Adoption of AI-driven tools in the design process
  3. Competition from customers developing their own internal tools
  4. Ability to protect a large portfolio of intellectual property
  5. Recruitment and retention of highly skilled engineers

Peer comparison

Compare with another company

Peers not yet selected by the editor. Financials compares latest reported periods and labels mismatched period ends.

Compare with

Synopsys vs Arm HoldingsSynopsys vs Cadence Design Systems

More data on Synopsys

Synopsys income statement and balance sheet

Sources & methodology
  1. Synopsys Form 10-K for latest fiscal year ↗ · 22 Dec 2025 · Item 1 Business / Item 4 Information on the Company; risk factors

Annual and quarterly figures come from the company's SEC filings (XBRL financial data and, where needed, the filed statements). Each value keeps its filing, period dates and accounting basis. Ratios, growth rates, free cash flow, split-adjusted EPS and derived quarters are Silicon Analytica calculations, shown with their inputs. Percentage growth is not shown when the prior value is zero or negative. Guidance is shown only as company guidance; no analyst consensus is used.

Data checks: ✓ 63 passed

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