SNPS Q2 2024 Earnings — Synopsys, Inc. Revenue & Financial Results | Market Cap Arena

SNPSSynopsys, Inc.

$84B

Q2 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$1.5B+15.2% YoY

Gross Profit

$1.2B79.4% margin

Operating Income

$332M22.8% margin

Net Income

$292M20.1% margin

EPS (Diluted)

$1.88

QoQ Revenue Growth

-3.7%

Cash Flow

Operating Cash Flow

$477M

Free Cash Flow

$438M

Stock-Based Comp.

$178M

Balance Sheet

Total Assets

$11.0B

Total Liabilities

$3.8B

Stockholders' Equity

$7.2B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.3B	+15.2%
Gross Profit	$1.2B	$1.0B	+13.8%
Operating Income	$332M	$292M	+13.6%
Net Income	$292M	$273M	+7.0%

Revenue Segments

License and Maintenance

$782M54%

License

$396M27%

Technology Service

$277M19%

Geographic Segments

UNITED STATES

$631M43%

Other Countries

$262M18%

CHINA

$222M15%

KOREA, REPUBLIC OF

$193M13%

Europe

$147M10%