Every 10-Q that Synopsys Inc (SNPS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SNPS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SNPS filings page.
Synopsys, Inc. (SNPS) reported strong growth for the quarter ended July 31, 2026, with total revenue of $2.48 billion, up from $1.74 billion a year earlier, and net income attributed to Synopsys of $545.8 million versus $242.5 million. Diluted EPS from continuing operations rose to $2.84 from $1.50. Growth was driven by Design Automation revenue of $2.00 billion and Design IP revenue of $473.9 million, with Ansys-branded products contributing a rising share.
For the first nine months, revenue reached $7.16 billion compared with $4.80 billion, while net income declined to $627.3 million from $884.8 million, reflecting substantially higher $1.21 billion of acquired intangible amortization and $236.3 million in restructuring charges tied to a 2026 plan estimated at $425–500 million. Synopsys also recorded a $380.5 million net pre-tax gain on the sale of its Processor IP business.
Cash flow from operations for the nine months improved to $2.30 billion from $878.9 million, and cash, cash equivalents and restricted cash were $3.61 billion. The company carries $10.0 billion of Senior Notes outstanding after fully repaying a $4.3 billion term loan. Backlog (contracted but unsatisfied performance obligations) was about $10.9 billion, including $1.9 billion of non-cancellable FSA commitments.
Synopsys reported a sharp revenue jump but much lower GAAP profit in its fiscal Q2 2026. Revenue rose to $2.28 billion, up 42% from a year earlier, helped by $652.4 million of contribution from the Ansys acquisition and strength across most of the business, partly offset by softness in Design IP.
Profitability dropped significantly under GAAP. Net income from continuing operations attributed to Synopsys fell to $17.1 million, with diluted EPS of $0.09 versus $2.24 a year earlier, as the company absorbed $403.6 million of amortization of acquired intangibles in the quarter, higher employee-related costs from added Ansys headcount, and $115.9 million of restructuring charges.
The balance sheet and cash flows show the impact of the Ansys deal and related financing. Six‑month operating cash flow surged to $1.49 billion, while total debt stood near $10.0 billion of Senior Notes after paying off prior term loans. Total assets were $46.9 billion, including $26.9 billion of goodwill and $11.9 billion of intangible assets, and backlog was about $11.0 billion. Synopsys also repurchased $262.5 million of stock, including a $250 million accelerated repurchase, and had $1.7 billion remaining under its authorization.
Synopsys reported sharply higher revenue but much lower profit for the quarter ended January 31, 2026. Revenue rose 66% to $2.41 billion from $1.46 billion, driven mainly by the acquisition of Ansys, which contributed $885.6 million, and organic growth across most products and regions.
Despite the revenue surge, operating income fell to $203.0 million from $251.8 million, and net income attributed to Synopsys dropped to $65.0 million from $295.7 million. Diluted earnings per share declined to $0.34 from $1.89, reflecting heavy amortization of acquired intangibles, restructuring charges of $118.3 million, higher employee costs after the Ansys Merger, and much higher interest expense of $162.7 million tied to new long‑term debt.
The Design Automation segment nearly doubled revenue to $2.00 billion with a 47% adjusted operating margin, while Design IP revenue slipped to $407.0 million and its adjusted margin compressed to 16%. Cash flow from operations improved strongly to $856.8 million, even as Synopsys repaid $3.5 billion under its term loan and ended the quarter with $10.0 billion of Senior Notes outstanding and $2.13 billion in cash, cash equivalents and restricted cash.
Synopsys reported a transaction-heavy quarter driven by the completed acquisition of Ansys and related financing. The company closed the Ansys Merger on July 17, 2025 and included Ansys results prospectively. To fund the cash portion of the merger, Synopsys issued Senior Notes with approximately $9.9 billion net proceeds and borrowed the full $4.3 billion under a Term Loan. Synopsys recognized a $860.5 million pre-tax gain (net of adjustments) from the prior sale of its Software Integrity business and has $10.1 billion of contracted but unsatisfied performance obligations (backlog) as of July 31, 2025. The company recorded an unrealized $121.6 million loss from terminated interest rate locks that is being amortized to interest expense, suspended its $1.5 billion repurchase program with $194.3 million remaining, and reported material operational headwinds in its Design IP segment related to China export control developments.