SNPS Q2 2023 Earnings — Synopsys, Inc. Revenue & Financial Results | Market Cap Arena

SNPSSynopsys, Inc.

$84B

Q2 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$1.3B-1.3% YoY

Gross Profit

$1.0B80.3% margin

Operating Income

$292M23.2% margin

Net Income

$273M21.6% margin

EPS (Diluted)

$1.76

QoQ Revenue Growth

-7.2%

Cash Flow

Operating Cash Flow

$703M

Free Cash Flow

$654M

Stock-Based Comp.

$143M

Balance Sheet

Total Assets

$9.8B

Total Liabilities

$3.9B

Stockholders' Equity

$5.8B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.3B	-1.3%
Gross Profit	$1.0B	$1.0B	-1.2%
Operating Income	$292M	$364M	-19.6%
Net Income	$273M	$295M	-7.4%

Revenue Segments

Product

$1.2B45%

License and Maintenance

$808M32%

License

$346M14%

Technology Service

$241M9%

Geographic Segments

UNITED STATES

$661M47%

Other Countries

$223M16%

CHINA

$196M14%

Europe

$157M11%

KOREA, REPUBLIC OF

$157M11%