NASDAQ : SNPS
Synopsys, Inc. — Financial statements
Technology · Software - Infrastructure · United States
Last price 490.19 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 93.94B
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Financial statements
Synopsys, Inc. (SNPS) reported revenue of 9.42B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 9.42B | 7.05B | 6.13B | 5.32B | 4.62B | 4.20B |
| Cost of Revenue | 1.61B | 1.31B | 1.14B | 985.56M | 853.34M | 813.32M |
| Gross Profit | 7.81B | 5.74B | 4.99B | 4.33B | 3.76B | 3.39B |
| Selling, General & Admin | 2.27B | 1.84B | 1.43B | 1.10B | 956.28M | 1.04B |
| Research & Development | 2.88B | 2.48B | 2.08B | 1.85B | 1.59B | 1.50B |
| Amortization of Goodwill & Intangibles | 1.62B | 504.38M | 70.73M | 54.58M | 56.31M | 82.38M |
| Operating Expenses | 6.77B | 4.83B | 3.58B | 3.01B | 2.60B | 2.62B |
| Operating Income | 1.04B | 914.93M | 1.41B | 1.33B | 1.16B | 768.20M |
| Interest Expense | -624.07M | -446.73M | -36.83M | -2.70M | -1.70M | -3.37M |
| Interest & Investment Income | 69.49M | 277.68M | 67.02M | 36.67M | 8.54M | 2.44M |
| Currency Exchange Gain (Loss) | -3.93M | 1.84M | 6.29M | -1.53M | 4.69M | 5.29M |
| Other Non Operating Income (Expenses) | 80.61M | 48.76M | 64.68M | -211.00K | -56.80M | 66.36M |
| EBT Excluding Unusual Items | 560.80M | 796.49M | 1.51B | 1.36B | 1.11B | 838.92M |
| Merger & Restructuring Charges | -236.34M | -53.09M | -11.22M | -33.41M | ||
| Gain (Loss) on Sale of Investments | -3.63M | 55.08M | ||||
| Gain (Loss) on Sale of Assets | 974.31M | 600.29M | 1.91M | |||
| Asset Writedown | -53.50M | |||||
| Pretax Income | 1.30B | 1.39B | 1.51B | 1.31B | 1.10B | 805.51M |
| Income Tax Expense | 223.03M | 55.99M | 99.72M | 90.19M | 139.38M | 49.16M |
| Earnings From Continuing Operations | 1.08B | 1.34B | 1.41B | 1.22B | 964.07M | 756.36M |
| Earnings From Discontinued Operations | -3.90M | 821.67M | 2.84M | 14.37M | ||
| Net Income to Company | 1.08B | 1.33B | 2.24B | 1.22B | 978.44M | 756.36M |
| Minority Interest in Earnings | 816.00K | -1.03M | 27.57M | 11.76M | 6.16M | 1.16M |
| Net Income | 1.08B | 1.33B | 2.26B | 1.23B | 984.59M | 757.52M |
| Net Income to Common | 1.08B | 1.33B | 2.26B | 1.23B | 984.59M | 757.52M |
| Shares Outstanding (Basic) | 189.69M | 163.95M | 153.14M | 152.15M | 153.00M | 152.70M |
| Shares Outstanding (Diluted) | 191.01M | 165.66M | 155.94M | 155.19M | 156.49M | 157.34M |
| EPS (Basic) | 5.68 | 8.13 | 14.78 | 8.08 | 6.44 | 4.96 |
| EPS (Diluted) | 5.64 | 8.05 | 14.52 | 7.93 | 6.29 | 4.81 |
| Free Cash Flow | 2.75B | 1.35B | 1.27B | 1.51B | 1.60B | 1.40B |
| Free Cash Flow Per Share | 14.38 | 8.14 | 8.13 | 9.75 | 10.24 | 8.89 |
| Gross Margin | 82.92% | 81.41% | 81.44% | 81.47% | 81.51% | 80.66% |
| Operating Margin | 11.03% | 12.97% | 23.00% | 24.94% | 25.13% | 18.27% |
| Profit Margin | 11.43% | 18.89% | 36.94% | 23.13% | 21.33% | 18.02% |
| Free Cash Flow Margin | 29.18% | 19.13% | 20.69% | 28.46% | 34.71% | 33.27% |
| EBITDA | 2.08B | 1.33B | 1.60B | 1.53B | 1.34B | 921.75M |
| EBITDA Margin | 22.04% | 18.83% | 26.10% | 28.69% | 29.10% | 21.93% |
| D&A For EBITDA | 1.04B | 413.22M | 190.27M | 199.46M | 183.15M | 153.56M |
| EBIT | 1.04B | 914.93M | 1.41B | 1.33B | 1.16B | 768.20M |
| EBIT Margin | 11.03% | 12.97% | 23.00% | 24.94% | 25.13% | 18.27% |
| Effective Tax Rate | 17.17% | 4.02% | 6.59% | 6.91% | 12.63% | 6.10% |
| Revenue as Reported | 9.42B | 7.05B | 6.13B | 5.32B | 4.62B | 4.20B |
Balance sheet
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 3.61B | 2.89B | 3.90B | 1.43B | 1.42B | 1.43B |
| Short-Term Investments | 1.38M | 72.93M | 153.87M | 151.64M | 147.91M | 147.95M |
| Cash & Short-Term Investments | 3.61B | 2.96B | 4.05B | 1.59B | 1.57B | 1.58B |
| Accounts Receivable | 2.18B | 2.39B | 1.69B | 1.23B | 1.06B | 853.08M |
| Receivables | 2.18B | 2.39B | 1.69B | 1.23B | 1.06B | 853.08M |
| Inventory | 479.13M | 365.19M | 361.85M | 325.59M | 211.93M | 229.02M |
| Prepaid Expenses | 298.07M | 245.75M | 355.49M | 157.21M | 174.53M | 128.42M |
| Restricted Cash | 3.25M | 4.68M | 1.53M | 1.55M | 1.57M | 1.56M |
| Other Current Assets | 71.39M | 44.47M | 8.85M | 128.11M | 2.54M | 15.47M |
| Total Current Assets | 6.64B | 6.01B | 6.47B | 3.43B | 3.01B | 2.81B |
| Property, Plant & Equipment | 1.44B | 1.40B | 1.13B | 1.11B | 1.04B | 965.65M |
| Long-Term Investments | 684.00K | 31.90M | 17.60M | |||
| Goodwill | 26.83B | 26.90B | 3.45B | 3.35B | 3.84B | 3.58B |
| Other Intangible Assets | 11.46B | 12.68B | 195.16M | 239.58M | 386.45M | 279.13M |
| Long-Term Accounts Receivable | 364.20M | 336.40M | ||||
| Long-Term Deferred Tax Assets | 95.52M | 112.16M | 1.25B | 853.53M | 670.65M | 612.65M |
| Long-Term Deferred Charges | 91.50M | 79.10M | 72.80M | 67.24M | 96.51M | 92.25M |
| Other Long-Term Assets | 792.40M | 707.19M | 510.90M | 1.29B | 335.29M | 400.85M |
| Total Assets | 47.73B | 48.22B | 13.07B | 10.33B | 9.42B | 8.75B |
| Accounts Payable | 187.32M | 164.77M | 207.33M | 154.61M | 37.58M | 27.41M |
| Accrued Expenses | 1.20B | 1.07B | 809.14M | 678.54M | 736.53M | 711.71M |
| Current Portion of Long-Term Debt | 1.02B | 22.12M | 74.99M | |||
| Current Portion of Leases | 137.84M | 128.21M | 94.79M | 79.83M | 54.27M | 79.68M |
| Current Income Taxes Payable | 88.45M | 94.66M | 147.12M | 226.76M | 35.29M | |
| Current Unearned Revenue | 2.33B | 2.25B | 1.39B | 1.56B | 1.91B | 1.52B |
| Other Current Liabilities | 286.24M | 2.07M | ||||
| Total Current Liabilities | 4.97B | 3.72B | 2.65B | 2.99B | 2.77B | 2.41B |
| Long-Term Debt | 9.02B | 13.46B | 15.60M | 18.08M | 20.82M | 25.09M |
| Long-Term Leases | 666.59M | 680.70M | 574.07M | 579.69M | 581.27M | 487.00M |
| Long-Term Unearned Revenue | 383.94M | 382.56M | 340.83M | 150.83M | 154.47M | 136.30M |
| Long-Term Deferred Tax Liabilities | 850.25M | 1.00B | 36.56M | |||
| Other Long-Term Liabilities | 687.14M | 648.23M | 433.18M | 414.79M | 327.83M | 391.43M |
| Total Liabilities | 16.57B | 19.90B | 4.05B | 4.15B | 3.86B | 3.45B |
| Common Stock | 1.92M | 1.86M | 1.54M | 1.52M | 1.52M | 1.53M |
| Additional Paid-In Capital | 20.71B | 18.64B | 1.21B | 1.28B | 1.49B | 1.58B |
| Retained Earnings | 10.94B | 10.32B | 8.98B | 6.74B | 5.53B | 4.55B |
| Treasury Stock | -193.29M | -398.28M | -1.03B | -1.68B | -1.27B | -782.87M |
| Comprehensive Income & Other | -310.50M | -232.41M | -180.38M | -196.41M | -234.28M | -49.60M |
| Total Common Equity | 31.15B | 28.33B | 8.99B | 6.15B | 5.52B | 5.30B |
| Minority Interest | -1.16M | -587.00K | 32.50M | 36.99M | 43.47M | 3.81M |
| Shareholders' Equity | 31.15B | 28.33B | 9.02B | 6.18B | 5.56B | 5.30B |
| Total Liabilities & Equity | 47.73B | 48.22B | 13.07B | 10.33B | 9.42B | 8.75B |
| Total Debt | 10.84B | 14.29B | 684.46M | 677.60M | 656.37M | 666.77M |
| Net Cash (Debt) | -7.23B | -11.33B | 3.37B | 908.01M | 909.15M | 914.02M |
| Net Cash Per Share | -37.87 | -68.41 | 21.58 | 5.85 | 5.81 | 5.81 |
| Filing Date Shares Outstanding | 191.64M | 191.32M | 154.58M | 151.99M | 152.42M | 153.44M |
| Total Common Shares Outstanding | 191.60M | 185.99M | 154.11M | 152.05M | 152.38M | 153.06M |
| Working Capital | 1.67B | 2.29B | 3.82B | 445.17M | 238.17M | 394.86M |
| Book Value Per Share | 162.59 | 152.30 | 58.34 | 40.43 | 36.20 | 34.59 |
| Tangible Book Value | -7.14B | -11.25B | 5.35B | 2.56B | 1.29B | 1.44B |
| Tangible Book Value Per Share | -37.27 | -60.49 | 34.69 | 16.85 | 8.45 | 9.41 |
| Land | 13.89M | 18.22M | 21.60M | 21.60M | 19.96M | |
| Buildings | 100.02M | 103.78M | 135.25M | 135.72M | 134.93M | |
| Machinery | 1.25B | 1.10B | 1.06B | 951.27M | 885.78M | |
| Leasehold Improvements | 295.92M | 271.75M | 259.24M | 241.06M | 236.06M | |
| Order Backlog | 11.40B | 8.10B |
Cash flow statement
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 1.08B | 1.33B | 2.26B | 1.23B | 984.59M | 757.52M |
| Depreciation & Amortization | 1.04B | 413.22M | 190.27M | 199.46M | 183.15M | 153.56M |
| Other Amortization | 887.84M | 356.29M | 158.56M | 129.85M | 118.28M | 114.81M |
| Loss (Gain) From Sale of Assets | -896.87M | -559.43M | -870.74M | |||
| Asset Writedown & Restructuring Costs | 53.50M | |||||
| Loss (Gain) From Sale of Investments | 3.63M | -55.08M | ||||
| Stock-Based Compensation | 950.02M | 893.29M | 692.32M | 563.29M | 459.03M | 345.27M |
| Provision & Write-off of Bad Debts | 49.18M | 50.89M | 19.72M | 19.93M | -3.48M | 18.52M |
| Other Operating Activities | -121.01M | -474.92M | -337.33M | -111.81M | 56.66M | -27.24M |
| Change in Accounts Receivable | 19.19M | -174.14M | -103.46M | -178.43M | -251.39M | 201.71M |
| Change in Inventory | -122.39M | -22.52M | -51.45M | -123.75M | 1.32M | -48.05M |
| Change in Accounts Payable | 45.74M | -13.49M | 187.56M | 170.50M | -34.07M | 125.13M |
| Change in Unearned Revenue | 371.36M | 235.26M | 8.64M | -113.44M | 414.25M | 160.32M |
| Change in Income Taxes | 89.97M | 6.35M | -73.22M | 198.08M | 1.64M | 28.86M |
| Change in Other Net Operating Assets | -448.03M | -528.06M | -675.65M | -280.30M | -191.09M | -337.79M |
| Operating Cash Flow | 2.94B | 1.52B | 1.41B | 1.70B | 1.74B | 1.49B |
| Capital Expenditures | -190.63M | -169.45M | -139.50M | -189.62M | -136.59M | -93.76M |
| Sale of Property, Plant & Equipment | 74.28M | 16.34M | ||||
| Cash Acquisitions | -16.68B | -156.95M | -297.69M | -422.37M | -296.02M | |
| Divestitures | 1.04B | 746.55M | 1.45B | |||
| Sale (Purchase) of Intangibles | -2.20M | -2.49M | -1.98M | |||
| Investment in Securities | 64.54M | 148.98M | 56.54M | 7.41M | -9.97M | -156.47M |
| Other Investing Activities | 246.00K | -365.00K | -1.20M | -800.00K | ||
| Investing Cash Flow | 918.18M | -15.88B | 1.22B | -482.10M | -572.62M | -549.03M |
| Long-Term Debt Issued | 14.33B | |||||
| Long-Term Debt Repaid | -863.64M | -74.87M | -2.60M | -76.84M | -28.06M | |
| Net Debt Issued (Repaid) | -4.32B | 13.47B | -74.87M | -2.60M | -76.84M | -28.06M |
| Issuance of Common Stock | 2.21B | 228.42M | 232.21M | 252.99M | 237.96M | 210.72M |
| Repurchase of Common Stock | -625.47M | -305.50M | -337.54M | -1.40B | -1.27B | -892.03M |
| Other Financing Activities | -2.40M | -32.86M | -1.10M | -45.12M | -3.41M | -39.38M |
| Financing Cash Flow | -2.74B | 13.36B | -181.30M | -1.20B | -1.12B | -748.75M |
| Foreign Exchange Rate Adjustments | -40.16M | 1.90M | 8.80M | -2.98M | -65.30M | 2.37M |
| Net Cash Flow | 1.08B | -1.01B | 2.46B | 21.32M | -15.32M | 197.21M |
| Free Cash Flow | 2.75B | 1.35B | 1.27B | 1.51B | 1.60B | 1.40B |
| Free Cash Flow Margin | 29.18% | 19.13% | 20.69% | 28.46% | 34.71% | 33.27% |
| Free Cash Flow Per Share | 14.38 | 8.14 | 8.13 | 9.75 | 10.24 | 8.89 |
| Levered Free Cash Flow | 3.43B | 2.17B | 800.47M | 1.27B | 1.55B | 1.30B |
| Unlevered Free Cash Flow | 3.79B | 2.39B | 789.81M | 1.27B | 1.55B | 1.30B |
| Cash Interest Paid | 353.77M | 353.77M | 814.00K | 996.00K | 1.26M | 3.37M |
| Cash Income Tax Paid | 512.71M | 512.71M | 680.06M | 97.96M | 167.77M | 149.76M |
| Change in Working Capital | -44.16M | -496.59M | -707.57M | -327.34M | -59.34M | 130.18M |
Ratios
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 90.61B | 84.30B | 78.90B | 71.39B | 44.73B | 50.81B |
| Enterprise Value | 97.84B | 96.84B | 77.61B | 70.29B | 43.92B | 49.96B |
| Last Close Price | 467.61 | 453.82 | 513.61 | 469.44 | 292.55 | 333.18 |
| PE Ratio | 83.84 | 63.27 | 34.86 | 58.05 | 45.43 | 67.08 |
| Forward PE | 26.91 | 35.09 | 36.44 | 38.13 | 31.66 | 45.34 |
| PS Ratio | 9.52 | 11.95 | 12.88 | 13.43 | 9.69 | 12.09 |
| PB Ratio | 2.88 | 2.98 | 8.74 | 11.54 | 8.05 | 9.59 |
| P/TBV Ratio | 14.76 | 27.87 | 34.76 | 35.28 | ||
| P/FCF Ratio | 32.61 | 62.48 | 62.24 | 47.17 | 27.92 | 36.32 |
| P/OCF Ratio | 30.50 | 55.51 | 56.07 | 41.92 | 25.73 | 34.04 |
| PEG Ratio | 1.06 | 2.62 | 2.41 | 2.15 | 1.75 | 2.84 |
| EV/Sales Ratio | 10.28 | 13.73 | 12.67 | 13.22 | 9.52 | 11.88 |
| EV/EBITDA Ratio | 46.66 | 72.92 | 48.52 | 46.07 | 32.70 | 54.20 |
| EV/EBIT Ratio | 93.24 | 105.85 | 55.08 | 53.00 | 37.86 | 65.03 |
| EV/FCF Ratio | 35.25 | 71.78 | 61.23 | 46.44 | 27.41 | 35.71 |
| Debt / Equity Ratio | 0.35 | 0.51 | 0.08 | 0.11 | 0.12 | 0.13 |
| Debt / EBITDA Ratio | 4.78 | 9.67 | 0.40 | 0.41 | 0.46 | 0.65 |
| Debt / FCF Ratio | 3.95 | 10.59 | 0.54 | 0.45 | 0.41 | 0.48 |
| Net Debt / Equity Ratio | 0.23 | 0.40 | -0.37 | -0.15 | -0.16 | -0.17 |
| Net Debt / EBITDA Ratio | 3.49 | 8.53 | -2.10 | -0.59 | -0.68 | -0.99 |
| Net Debt / FCF Ratio | 2.63 | 8.40 | -2.66 | -0.60 | -0.57 | -0.65 |
| Asset Turnover | 0.20 | 0.23 | 0.52 | 0.54 | 0.51 | 0.50 |
| Inventory Turnover | 3.73 | 3.61 | 3.31 | 3.67 | 3.87 | 3.86 |
| Quick Ratio | 1.17 | 1.44 | 2.17 | 0.94 | 0.94 | 1.01 |
| Current Ratio | 1.34 | 1.61 | 2.44 | 1.15 | 1.09 | 1.16 |
| Return on Equity (ROE) | 3.66% | 7.16% | 18.60% | 20.70% | 17.76% | 14.81% |
| Return on Assets (ROA) | 1.35% | 1.87% | 7.53% | 8.39% | 7.98% | 5.72% |
| Return on Invested Capital (ROIC) | 2.23% | 3.88% | 24.08% | 24.88% | 22.43% | 16.53% |
| Return on Capital Employed (ROCE) | 2.40% | 2.10% | 13.50% | 18.10% | 17.50% | 12.10% |
| Earnings Yield | 1.19% | 1.58% | 2.87% | 1.72% | 2.20% | 1.49% |
| FCF Yield | 3.07% | 1.60% | 1.61% | 2.12% | 3.58% | 2.75% |
| Buyback Yield / Dilution | -21.14% | -6.23% | -0.48% | 0.82% | 0.54% | -1.05% |