SNPS Q3 2024 Earnings — Synopsys, Inc. Revenue & Financial Results | Market Cap Arena

SNPSSynopsys, Inc.

$84B

Q3 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$1.5B+12.7% YoY

Gross Profit

$1.2B80.9% margin

Operating Income

$360M23.6% margin

Net Income

$408M26.7% margin

EPS (Diluted)

$2.61

QoQ Revenue Growth

+4.9%

Cash Flow

Operating Cash Flow

$455M

Free Cash Flow

$415M

Stock-Based Comp.

$182M

Balance Sheet

Total Assets

$11.6B

Total Liabilities

$3.9B

Stockholders' Equity

$7.7B

Cash & Equivalents

$1.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.4B	+12.7%
Gross Profit	$1.2B	$1.1B	+12.9%
Operating Income	$360M	$300M	+20.0%
Net Income	$408M	$336M	+21.4%

Revenue Segments

License and Maintenance

$803M53%

License

$443M29%

Technology Service

$280M18%

Geographic Segments

UNITED STATES

$660M43%

CHINA

$267M17%

Other Countries

$259M17%

KOREA, REPUBLIC OF

$195M13%

Europe

$145M9%