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
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.
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