SYNOPSYS INC SNPS
Synopsys, Inc. (Synopsys, we, our or us) is the leader in engineering solutions from silicon to systems, enabling customers to rapidly innovate AI-powered products. We deliver trusted and comprehensive solutions spanning silicon design, silicon intellectual property (IP), simulation and analysis (S&A) as well as design services. We partner closely with our customers across a wide range of industries to maximize their R&D capability and productivity, powering innovation today that ignites the ingenuity of tomorrow.
We are a global leader in supplying the mission-critical EDA solutions that engineers use to design and test integrated circuits (ICs), also known as chips or silicon, and we are pioneering artificial intelligence (AI) driven chip design across the full-stack EDA suite to improve efficiency and accelerate the design, verification testing and manufacturing of advanced digital and analog chips. We provide software and hardware used to validate the electronic systems that incorporate chips and the software that runs on them, including cloud-based digital and analog design flow to boost chip-design development productivity. We also provide technical services and support to help our customers develop advanced chips and electronic systems.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- Other
- Korea
- Europe
- China
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $3.10B | $2.74B | $2.46B |
| Other | $1.30B | $1.01B | $860.7M |
| Korea | $947.0M | $773.0M | $625.5M |
| Europe | $888.5M | $614.6M | $514.8M |
| China | $814.3M | $989.5M | $855.0M |
As the company reported it, from the “Segment Disclosure - Schedule of Revenues Related to Operations by Geographic Areas (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Revenue by segment
- Design Automation
- Design IP
| Segment | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Design Automation | $5.30B | $4.22B | $3.78B |
| Design IP | $1.75B | $1.91B | $1.54B |
As the company reported it, from the “Segment Disclosure - Schedule of Segment Reporting Information (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.05B | $6.13B | $5.32B | $4.62B | $4.20B | $3.69B | $3.36B | $3.12B | $2.72B | $2.42B |
| Cost of revenue | $1.62B | $1.25B | $1.03B | $898.0M | $861.8M | $794.7M | $752.9M | $735.9M | $654.2M | $543.0M |
| Gross profit | $5.43B | $4.88B | $4.29B | $3.72B | $3.34B | $2.89B | $2.61B | $2.39B | $2.07B | $1.88B |
| R&D | $2.48B | $2.08B | $1.85B | $1.59B | $1.50B | $1.28B | $1.14B | $1.08B | $908.8M | $856.7M |
| SG&A | $769.6M | $568.5M | $376.7M | $313.6M | $323.0M | $284.5M | $229.2M | $262.6M | $196.8M | $166.0M |
| Total operating expenses | $4.52B | $3.53B | $3.01B | $2.57B | $2.61B | $2.27B | $2.09B | $2.02B | $1.72B | $1.56B |
| Operating income | $914.9M | $1.36B | $1.27B | $1.15B | $734.8M | $620.1M | $520.2M | $360.2M | $347.6M | $317.4M |
| Interest expense | $446.7M | $36.8M | $2.7M | $1.7M | $3.4M | $5.1M | $11.7M | $15.6M | $7.3M | $3.8M |
| Pre-tax income | $1.39B | $1.51B | $1.31B | $1.10B | $805.5M | $638.2M | $545.5M | $363.5M | $383.1M | $329.5M |
| Income tax | $56.0M | $99.7M | $90.2M | $139.4M | $49.2M | $25.3M | $13.1M | $69.0M | $246.5M | $62.7M |
| Net income | $1.33B | $2.26B | $1.23B | $984.6M | $757.5M | $664.3M | $532.4M | $432.5M | $136.6M | $266.8M |
| EPS, basic | 8.13 | 14.78 | 8.08 | 6.44 | 4.96 | 4.40 | 3.55 | 2.90 | 0.91 | 1.76 |
| EPS, diluted | 8.04 | 14.51 | 7.92 | 6.29 | 4.81 | 4.27 | 3.45 | 2.82 | 0.88 | 1.73 |
| Shares, diluted (wtd. avg.) | 165.7M | 155.9M | 155.2M | 156.5M | 157.3M | 155.7M | 154.2M | 153.4M | 154.9M | 154.7M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $2.89B | $3.90B | $1.44B | $1.42B | $1.44B | $1.24B | $730.5M | $725.0M | $1.05B | $980.4M |
| Short-term investments | $72.9M | $153.9M | $151.6M | $147.9M | $147.9M | $0 | — | — | $0 | $140.7M |
| Receivables | $1.51B | $934.5M | $856.7M | $796.1M | $568.5M | $780.7M | $553.9M | $554.2M | $451.1M | $438.9M |
| Inventory | $365.2M | $361.8M | $325.6M | $211.9M | $229.0M | $192.3M | $141.5M | $122.4M | $61.9M | — |
| Total current assets | $6.01B | $6.47B | $3.43B | $3.01B | $2.81B | $2.55B | $1.74B | $1.54B | $1.68B | $1.72B |
| Property, plant and equipment | $696.7M | $563.0M | $549.8M | $483.3M | $472.4M | $483.8M | $429.5M | $309.3M | $266.0M | $257.0M |
| Goodwill | $26.90B | $3.45B | $3.35B | $3.12B | $3.58B | $3.37B | $3.17B | $3.14B | $2.71B | $2.52B |
| Other intangibles | $12.68B | $195.2M | $239.6M | $386.4M | $279.1M | $254.3M | $279.4M | $360.4M | $253.8M | $266.7M |
| Total assets | $48.22B | $13.07B | $10.33B | $9.42B | $8.75B | $8.03B | $6.41B | $6.15B | $5.40B | $5.24B |
| Accounts payable | $164.8M | $207.3M | $154.6M | $37.6M | $27.4M | $30.0M | $19.8M | $85.0M | $20.0M | $13.7M |
| Short-term debt | $22.1M | $0 | — | $0 | $75.0M | $27.1M | $17.6M | $343.8M | $9.9M | $205.0M |
| Total current liabilities | $3.72B | $2.65B | $2.99B | $2.77B | $2.41B | $2.14B | $1.75B | $2.10B | $1.61B | $1.71B |
| Long-term debt | $13.46B | $15.6M | $18.1M | $20.8M | $25.1M | $100.8M | $120.1M | $125.5M | $134.1M | $0 |
| Total liabilities | $19.90B | $4.05B | $4.15B | $3.86B | $3.45B | $3.12B | $2.32B | $2.66B | $2.12B | $2.05B |
| Retained earnings | $10.32B | $8.98B | $6.74B | $5.53B | $4.55B | $3.80B | $3.16B | $2.54B | $2.14B | $1.95B |
| Total equity | $28.33B | $8.99B | $6.15B | $5.52B | $5.30B | $4.91B | $4.09B | $3.49B | $3.28B | $3.20B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.52B | $1.41B | $1.70B | $1.74B | $1.49B | $991.3M | $800.5M | $424.4M | $632.5M | $586.6M |
| Depreciation and amortisation | $660.4M | $295.1M | $247.1M | $228.4M | $203.7M | $210.0M | $201.7M | $209.2M | $189.4M | $207.0M |
| Stock-based compensation | $893.3M | $692.3M | $563.3M | $459.0M | $345.3M | $248.6M | $155.0M | $140.0M | $108.3M | $97.6M |
| Capital expenditure | $169.5M | $139.5M | $189.6M | $136.6M | $93.8M | $154.7M | $198.1M | $99.0M | $70.3M | $66.9M |
| Investing cash flow | -$15.88B | $1.22B | -$482.1M | -$572.6M | -$549.0M | -$360.4M | -$235.9M | -$743.5M | -$189.3M | -$142.7M |
| Financing cash flow | $13.36B | -$181.3M | -$1.20B | -$1.12B | -$748.7M | -$140.6M | -$561.9M | $5.1M | -$373.1M | -$306.9M |
| Buybacks | $0 | $0 | $1.16B | $1.10B | $753.1M | $242.1M | $329.2M | $400.0M | $380.0M | $400.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000883241-25-000028.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.42B | $2.72B | $3.12B | $3.36B | $3.69B | $4.20B | $4.62B | $5.32B | $6.13B | $7.05B |
| Gross profit | $1.88B | $2.07B | $2.39B | $2.61B | $2.89B | $3.34B | $3.72B | $4.29B | $4.88B | $5.43B |
| Net income | $266.8M | $136.6M | $432.5M | $532.4M | $664.3M | $757.5M | $984.6M | $1.23B | $2.26B | $1.33B |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Restructuring or exit costs A restructuring: layoffs, a plant closure, a business being wound down. Item 2.05
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Results announced Item 2.02
- Officer or director change Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Officer or director change Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced Item 2.02
- Other event Item 8.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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