SNPS (Synopsys, Inc.) Stock Financials & Earnings | Market Cap Arena

SNPS (Synopsys, Inc.) Stock Financials & Earnings | Market Cap Arena

SNPSSynopsys, Inc.

Mkt Cap$84B

Technology·Software - Infrastructure·🇺🇸 United States·NASDAQ

Revenue (TTM)$8.0B

Net Income (TTM)$1.1B

EPS (TTM)$6.53

Free Cash Flow (TTM)$2.3B

Gross Margin75.1%

Op. Margin10.8%

Net Margin13.8%

FCF Margin28.5%

P/S Ratio (TTM)10.4x

P/E Ratio (TTM)75.9x

YoY Rev Growth+31.9%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q2 23	$1.3B	$1.0B	$292M
Q3 23	$1.4B	$1.1B	$300M
Q4 23	$1.6B	$1.3B	$431M
Q1 24	$1.5B	$1.2B	$353M
Q2 24	$1.5B	$1.2B	$332M
Q3 24	$1.5B	$1.2B	$360M
Q4 24	$1.6B	$1.3B	$311M
Q1 25	$1.5B	$1.2B	$252M
Q2 25	$1.6B	$1.3B	$376M
Q3 25	$1.7B	$1.4B	$165M
Q4 25	$2.3B	$1.6B	$121M
Q1 26	$2.4B	$1.8B	$203M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q2 23	16.2x	90.8x
Q3 23	15.9x	80.9x
Q4 23	15.0x	68.0x
Q1 24	14.6x	59.4x
Q2 24	14.1x	58.6x
Q3 24	13.7x	55.8x
Q4 24	13.6x	36.9x
Q1 25	13.8x	39.6x
Q2 25	13.4x	38.7x
Q3 25	13.0x	41.9x
Q4 25	11.9x	62.8x
Q1 26	10.4x	75.9x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 23	$703M	$654M
Q3 23	$560M	$513M
Q4 23	$326M	$273M
Q1 24	-$88M	-$128M
Q2 24	$477M	$438M
Q3 24	$455M	$415M
Q4 24	$563M	$558M
Q1 25	-$67M	-$108M
Q2 25	$275M	$220M
Q3 25	$671M	$632M
Q4 25	$640M	$605M
Q1 26	$857M	$822M

Capital Expenditures

CapEx

Quarter	CapEx
Q2 23	$48M
Q3 23	$46M
Q4 23	$53M
Q1 24	$40M
Q2 24	$38M
Q3 24	$40M
Q4 24	$4M
Q1 25	$41M
Q2 25	$56M
Q3 25	$39M
Q4 25	$35M
Q1 26	$35M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 23	-1.3%	+6.0%
Q3 23	+8.5%	+4.0%
Q4 23	+24.5%	+9.5%
Q1 24	+11.0%	+4.8%
Q2 24	+15.2%	+15.7%
Q3 24	+12.7%	+10.5%
Q4 24	+2.3%	+13.4%
Q1 25	-3.7%	+3.9%
Q2 25	+10.3%	+9.4%
Q3 25	+14.0%	+35.1%
Q4 25	+37.8%	+61.0%
Q1 26	+65.5%	+83.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 23	$143M	11.3%
Q3 23	$144M	10.7%
Q4 23	$141M	8.8%
Q1 24	$181M	12.0%
Q2 24	$178M	12.2%
Q3 24	$182M	11.9%
Q4 24	$152M	9.3%
Q1 25	$186M	12.8%
Q2 25	$202M	12.6%
Q3 25	$268M	15.4%
Q4 25	$237M	10.5%
Q1 26	$259M	10.7%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q2 23	$460M	$85M	$181M
Q3 23	$484M	$100M	$186M
Q4 23	$488M	$112M	$229M
Q1 24	$526M	$131M	$219M
Q2 24	$493M	$115M	$210M
Q3 24	$509M	$150M	$211M
Q4 24	$555M	$172M	$219M
Q1 25	$553M	$167M	$209M
Q2 25	$554M	$136M	$215M
Q3 25	$625M	$281M	$259M
Q4 25	$747M	$186M	$390M
Q1 26	$715M	$183M	$396M

Rule of 40

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q2 23	-1.3%	28.2%	26.9
Q3 23	8.5%	28.7%	37.3
Q4 23	24.5%	29.8%	54.3
Q1 24	11.0%	34.5%	45.5
Q2 24	15.2%	28.2%	43.4
Q3 24	12.7%	30.1%	42.8
Q4 24	2.3%	27.7%	30.0
Q1 25	-3.7%	24.0%	20.3
Q2 25	10.3%	33.6%	43.9
Q3 25	14.0%	25.9%	39.9
Q4 25	37.8%	51.5%	89.3
Q1 26	65.5%	20.3%	85.9

Revenue Segments

Quarter	License	License and Maintenance	Technology Service
Q2 24	$396M	$782M	$277M
Q3 24	$443M	$803M	$280M
Q1 25	$368M	$828M	$259M
Q2 25	$511M	$828M	$265M
Q3 25	$516M	$892M	$331M
Q4 25	$615M	$941M	$699M
Q1 26	$742M	$952M	$716M

Revenue by Geography

Quarter	China	Europe	Korea, Republic Of	Other Countries	United States
Q2 24	$222M	$147M	$193M	$262M	$631M
Q3 24	$267M	$145M	$195M	$259M	$660M
Q1 25	$174M	$154M	$250M	$267M	$611M
Q2 25	$158M	$195M	$258M	$345M	$649M
Q3 25	$247M	$179M	$202M	$296M	$816M
Q4 25	$236M	$361M	$237M	$397M	$1.0B
Q1 26	$211M	$467M	$247M	$388M	$1.1B

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 23	$1.5B	$151M	$1.7B
Q3 23	$1.7B	$148M	$1.8B
Q4 23	$1.4B	$152M	$1.6B
Q1 24	$1.1B	$154M	$1.3B
Q2 24	$1.5B	$157M	$1.7B
Q3 24	$1.8B	$154M	$2.0B
Q4 24	$3.9B	$154M	$4.1B
Q1 25	$3.7B	$155M	$3.8B
Q2 25	$14.1B	$145M	$14.3B
Q3 25	$2.5B	$67M	$2.6B
Q4 25	$2.9B	$73M	$3.0B
Q1 26	$2.1B	$74M	$2.2B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q2 23	155M	-0.2%
Q3 23	155M	+0.1%
Q4 23	155M	-0.1%
Q1 24	155M	+0.3%
Q2 24	156M	+0.3%
Q3 24	156M	+0.2%
Q4 24	156M	-0.1%
Q1 25	156M	+0.1%
Q2 25	156M	-0.1%
Q3 25	162M	+3.6%
Q4 25	162M	+0.0%
Q1 26	162M	+0.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$218K	9K
FY 15	$218K	10K
FY 16	$227K	11K
FY 17	$233K	12K
FY 18	$236K	13K
FY 19	$242K	14K
FY 20	$245K	15K
FY 21	$257K	16K
FY 22	$243K	19K
FY 23	$262K	20K
FY 24	$306K	20K
FY 25	$252K	28K