Company file · SNPS

Synopsys

Synopsys' revenue rose 15.1% in FY2025, to $7.1B, and net income fell 41.1% to $1.3B

Revenue rose 15.1% to $7.1B in FY2025, from $6.1B in FY2024. Net income fell 41.1% to $1.3B. Design Automation was the largest segment, at 75% of revenue.

Prepared from SEC filings · Latest annual report: 10-K for FY2025 (filed Dec 22, 2025) · Latest quarter: 10-Q for the quarter ended Jul 31, 2026 (filed Aug 26, 2026) · Data pulled Oct 28, 2026

Key facts

Synopsys (Nasdaq: SNPS) reported revenue of $7.1B for fiscal 2025, the year ended Oct 31, 2025, up 15.1% from fiscal 2024. Net income was $1.3B, down 41.1%. In its latest 10-Q, for the quarter ended Jul 31, 2026, revenue was $2.5B, up 42.4% from the same quarter a year earlier, and net income was $546M. The largest piece by segment was Design Automation, at 75% of fiscal 2025 revenue. Sources: 10-K for fiscal 2025 (filed Dec 22, 2025) and 10-Q for the quarter ended Jul 31, 2026 (filed Aug 26, 2026).

Revenue$7.1BFY2025 · +15.1% vs FY2024

Net income$1.3BFY2025 · −41.1% vs FY2024

Operating cash flow$1.5BFY2025 · +7.9% vs FY2024

Cash & equivalents$3.6Bat Jul 31, 2026 · +24.9% vs FY2025 end

Total debt$10.0Bat Jul 31, 2026 · −25.6% vs FY2025 end

Diluted shares166MFY2025 avg · +6.2% vs FY2024

Revenue and net income, three fiscal yearsBy fiscal year, $bn

RevenueNet income

Source: 10-K FY2025, filed Dec 22, 2025

Quarterly revenue: fiscal 2026 vs a year earlierFiscal Q1–Q3, $bn (each quarter from that quarter's 10-Q)

FY2025FY2026

Source: 10-Q filed Feb 25, 2026 · 10-Q filed May 27, 2026 · 10-Q filed Aug 26, 2026

How it makes money

By segment, FY2025

LineAmountSharevs FY2024
Design Automation$5.3B75%+25.6%
Design IP$1.8B25%−8.1%

Source: 10-K FY2025, XBRL breakdown

By segment in FY2025: Design Automation (75%) and Design IP (25%), as shares of total revenue. Total revenue was $7.1B.

By segment: three-year mixShare of the total each fiscal year

FY2023

71%29%

FY2024

69%31%

FY2025

75%25%

Design AutomationDesign IP

Source: 10-K FY2025

By product or service, FY2025

Products$5.5B78%+9.4%

Technology services$1.6B22%+41.2%

Share is of the FY2025 total; the last column is the change from FY2024.

Learn more: Revenue vs. net income · Gross, operating and net margin

What changed last quarter

How the quarter compared with a year earlier

Comparing Q3 FY2026 (May to Jul 2026) compared with Q3 FY2025 (May to Jul 2025)

Each pair of bars shows the dollar amount for both quarters. Longer bar, more money. Bars in a group share one scale.

Q3 FY2026Q3 FY2025

Company

Revenue

$2.5B Q3 FY2026

$1.7B Q3 FY2025

42.4% increase

Net income

$546M Q3 FY2026

$243M Q3 FY2025

125.1% increase

Source: Synopsys 10-Q for the quarter ended Jul 31, 2026, filed Aug 26, 2026

By segment

Design Automation

$2.0B Q3 FY2026

$1.3B Q3 FY2025

52.6% increase

Design IP

$474M Q3 FY2026

$428M Q3 FY2025

10.8% increase

Source: Synopsys 10-Q for the quarter ended Jul 31, 2026, filed Aug 26, 2026

Cash & equivalents $3.6B at Jul 31, 2026, vs $2.9B at FY2025 end.
Total debt $10.0B at Jul 31, 2026, vs $13.5B at FY2025 end.
Operating cash flow, first 9 months of fiscal 2026: $2.3B vs $879M a year earlier.

The bull case and the bear case

The bull case

Revenue rose 15.1% in FY2025 to $7.1B, from $6.1B a year earlier. 10-K, FY2025
Operating cash flow rose 7.9% in FY2025 to $1.5B. 10-K, FY2025
Revenue in the quarter ended Jul 31, 2026 was $2.5B, up 42.4% on a year earlier. 10-Q, quarter ended Jul 31, 2026
Net income in the quarter ended Jul 31, 2026 was $546M, up 125.1% on a year earlier. 10-Q, quarter ended Jul 31, 2026

The bear case

Net income fell 41.1% in FY2025 to $1.3B, from $2.3B. 10-K, FY2025
Diluted shares rose 6.2% in FY2025, which spreads profit across more shares. 10-K, FY2025
Total debt rose 86333.7% in FY2025 to $13.5B. 10-K, FY2025
Design IP revenue fell 8.1% in FY2025 to $1.8B. 10-K, FY2025

What optimists and skeptics tend to point to, each tied to a filing. Ticker Sage doesn't pick a side, and neither list is a reason to buy or sell.

What the company does

Synopsys is in the application software industry, part of the information technology sector. The SEC files it under Services-Prepackaged Software.

Synopsys reports 2 segments: Design Automation and Design IP.

Its fiscal year ends in October; the latest, FY2025, ended Oct 31, 2025.

Source: 10-K, Item 1 Business

Risks common in this industry

These are general risks for companies in the application software industry. They are not a summary of Synopsys’s own risk factors; for those, read Item 1A of its latest 10-K, linked below.

Competition and AIRivals, open-source products and shifts such as AI can change which products customers choose.
RenewalsSubscription revenue depends on customers renewing and expanding.
Security incidentsA breach or outage can harm customers and its reputation.
Sales executionGrowth depends on adding customers and selling more to existing ones.
PricingCustomers may negotiate lower prices or switch to cheaper products.

Source: 10-K, Item 1A Risk Factors (the company's own list, in the company's words)

Three years of key numbers

Every number links to its filing; hover for the XBRL tag. A dash means the number isn't cleanly available, and we don't estimate it.

US$	FY2023	FY2024	FY2025
Revenue	$5.3B	$6.1B	$7.1B
Net income	$1.2B	$2.3B	$1.3B
Operating cash flow	$1.7B	$1.4B	$1.5B
Cash & equivalents (year end)	$1.4B	$3.9B	$2.9B
Total debt (year end)	$18M	$16M	$13.5B
Diluted shares	155M	156M	166M

Revenue: Total revenue for the fiscal year, as the company reports it on its income statement.
Net income: Net income attributable to the company's shareholders, after all costs, interest and taxes.
Operating cash flow: Cash the business brought in from its day-to-day operations during the year (cash flow statement).
Cash & equivalents: Cash and short-term investments that count as cash equivalents on the balance sheet. Excludes longer-dated marketable securities.
Total debt: The current part of long-term debt plus long-term debt, at carrying value.
Diluted shares: Weighted average shares outstanding for the year, including the effect of options and stock awards.

Learn more: How to read an income statement · Earnings per share, basic and diluted · Free cash flow · How to read a balance sheet · Growth rate calculator · P/E calculator

About these numbers

Recent filings

Form	Filed	Period
10-Q	Aug 26, 2026	Jul 31, 2026
10-Q	May 27, 2026	Apr 30, 2026
10-Q	Feb 25, 2026	Jan 31, 2026
DEF 14A	Feb 19, 2026	Apr 16, 2026
10-K	Dec 22, 2025	Oct 31, 2025

Learn more: 10-K vs. 10-Q vs. 8-K · Form 4 insider filings · Fiscal years and quarters

Common questions about Synopsys

How does Synopsys make money?

Synopsys's revenue was $7.1B in fiscal 2025. By segment in FY2025: Design Automation (75%) and Design IP (25%), as shares of total revenue. Total revenue was $7.1B. Source: 10-K for fiscal 2025, filed Dec 22, 2025.

What was Synopsys's revenue in fiscal 2025?

$7.1B of revenue for the fiscal year ended Oct 31, 2025, up 15.1% from $6.1B in fiscal 2024. Fiscal 2023 was $5.3B. Source: 10-K for fiscal 2025, filed Dec 22, 2025.

Is Synopsys profitable?

Synopsys reported net income of $1.3B for fiscal 2025, down 41.1% from $2.3B in fiscal 2024. That is a profit under US accounting rules (GAAP). In the quarter ended Jul 31, 2026, net income was $546M. The page's About these numbers section explains what is included. Source: 10-K for fiscal 2025, filed Dec 22, 2025.

What did Synopsys report in its latest quarterly filing?

Revenue was $2.5B in the quarter ended Jul 31, 2026, up 42.4% from $1.7B a year earlier. Net income was $546M, up 125.1% from $243M. Source: 10-Q for the quarter ended Jul 31, 2026, filed Aug 26, 2026.

How much cash and debt does Synopsys have?

Synopsys had $3.6B in cash and cash equivalents and $10.0B of total debt on Jul 31, 2026. Total debt here is the current part of long-term debt plus long-term debt, at carrying value. Source: 10-Q filed Aug 26, 2026.

What are the main risks Synopsys faces?

Synopsys's own risk factors are in Item 1A of its 10-K for fiscal 2025, filed Dec 22, 2025. Risks that are common among companies in the application software industry include Competition and AI; renewals; security incidents; sales execution; pricing. The first: Rivals, open-source products and shifts such as AI can change which products customers choose. Source: 10-K, Item 1A Risk Factors.

Where do these Synopsys numbers come from?

From Synopsys's own SEC filings: the 10-K for fiscal 2025 (filed Dec 22, 2025) and the 10-Q for the quarter ended Jul 31, 2026 (filed Aug 26, 2026), read through the SEC's public XBRL data. Each number on this page links to its filing. Methodology explains how fiscal years and missing numbers are handled.

Disclosures

Editor holdings in SNPS: The editor holds no position in Synopsys (SNPS). As of Oct 25, 2026.
Trading rule: The editor does not buy or sell SNPS from 3 days before to 3 days after this page is published or substantively updated.
Compensation: Nobody paid for this page. No affiliate links on this page.
Sources: The company's SEC filings, linked next to each number or, for charts, in the source line under them.
Last updated: Oct 28, 2026

General education, the same for every reader. Not a recommendation to buy, sell or hold SNPS, and it doesn't consider your situation.

Compare with peers

Company	Fiscal year	Revenue	Revenue growth	Net income
SynopsysSNPS	FY2025	$7.1B	+15.1%	$1.3B
PalantirPLTR	FY2025	$4.5B	+56.2%	$1.6B
OracleORCL	FY2026	$67.4B	+17.3%	$17.1B
SalesforceCRM	FY2026	$41.5B	+9.6%	$7.5B
DatadogDDOG	FY2025	$3.4B	+27.7%	$108M

Each row is that company’s latest fiscal year from its own 10-K, using its own revenue and net income lines. Fiscal years end in different months, and line definitions differ (banks, insurers and oil companies count revenue differently), so this is a rough side-by-side, not a like-for-like comparison.

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New to filings? Learn has plain-English explainers and Tools has calculators. Methodology & Disclosures covers where every number comes from.