SNPS Q1 2023 Earnings — Synopsys, Inc. Revenue & Financial Results | Market Cap Arena

SNPSSynopsys, Inc.

$84B

Q1 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$1.4B+7.2% YoY

Gross Profit

$1.1B79.1% margin

Operating Income

$256M18.8% margin

Net Income

$272M19.9% margin

EPS (Diluted)

$1.75

QoQ Revenue Growth

+6.0%

Cash Flow

Operating Cash Flow

$115M

Free Cash Flow

$71M

Stock-Based Comp.

$134M

Balance Sheet

Total Assets

$9.6B

Total Liabilities

$3.9B

Stockholders' Equity

$5.6B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.3B	+7.2%
Gross Profit	$1.1B	$1.0B	+6.3%
Operating Income	$256M	$347M	-26.3%
Net Income	$272M	$314M	-13.4%

Revenue Segments

Product

$1.1B45%

License and Maintenance

$782M32%

License

$337M14%

Technology Service

$242M10%

Geographic Segments

UNITED STATES

$672M49%

Other Countries

$211M15%

CHINA

$198M15%

KOREA, REPUBLIC OF

$146M11%

Europe

$135M10%