Synopsys (SNPS) CRO exits; Q4 & FY2025 targets reaffirmed

Synopsys, Inc. announced that Chief Revenue Officer Rick Mahoney will no longer serve in the role, effective immediately.

Rhea-AI Filing Summary

Synopsys, Inc. announced that Chief Revenue Officer Rick Mahoney will no longer serve in the role, effective immediately. The company said it is in advanced stages of its search and expects to announce a replacement shortly.

Synopsys reaffirmed its financial targets for the fourth quarter and full fiscal year 2025 and plans to discuss results on its earnings call on December 10, 2025. The update was provided under Item 7.01 and is not deemed filed under the Exchange Act.

Insights

Equity analyst — software & semis

CRO exit offset by reaffirmed targets; near-term neutral.

Synopsys disclosed the immediate departure of its Chief Revenue Officer and noted a replacement search is well underway. Leadership transitions in revenue roles can affect sales execution, but the company simultaneously reaffirmed its Q4 and full-year 2025 financial targets.

Reaffirmation suggests current-quarter and fiscal-year expectations remain intact, which tempers concerns about disruption. The information was furnished under Item 7.01, indicating an informational update rather than a change to reported financials.

Watch the scheduled earnings call on December 10, 2025 for any updates on the CRO appointment and whether guidance or commentary around pipeline and bookings changes.

8-K Event Classification

Item 7.01 — Regulation FD Disclosure

1 item

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Synopsys (SNPS) announce in this 8-K?

Synopsys said Chief Revenue Officer Rick Mahoney will no longer serve in the role, effective immediately, and it is in advanced stages of finding a replacement.

Did Synopsys (SNPS) change its guidance?

No. Synopsys reaffirmed its financial targets for the fourth quarter and full fiscal year 2025.

When is Synopsys (SNPS) discussing results?

Synopsys plans to discuss its financial results on an earnings call on December 10, 2025.

Is the information considered filed with the SEC?

The update was provided under Item 7.01 and is not deemed filed under Section 18 of the Exchange Act.

Who will receive proceeds or make payments related to this update?

The announcement concerns leadership and guidance; it does not involve any financial transaction or proceeds.

What is the Synopsys (SNPS) stock exchange listing?

Synopsys common stock trades on the Nasdaq Global Select Market under the symbol SNPS.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 11/04/2025 - 09:15 AM EST Learn about SEC filing dates

SYNOPSYS INC false 0000883241 0000883241 2025-11-01 2025-11-01

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 1, 2025

SYNOPSYS, INC.

(Exact Name of Registrant as Specified in its Charter)

Delaware		000-19807		56-1546236
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(I.R.S. Employer Identification Number)

675 Almanor Ave
Sunnyvale, California 94085

(Address of Principal Executive Offices) (Zip Code)

(650) 584-5000

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240-14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock (par value of $0.01 per share)		SNPS		Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging Growth Company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 4, 2025, Synopsys, Inc. (“Synopsys”) announced that Rick Mahoney will no longer serve as Synopsys’ Chief Revenue Officer, effective immediately. Synopsys is in advanced stages of its search and expects to announce a replacement shortly.

Item 7.01 Regulation FD Disclosure.

Synopsys reaffirms its financial targets for the fourth quarter and full fiscal year 2025 and looks forward to discussing its financial results at its earnings call on December 10, 2025.

The information contained in this Item 7.01 shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended. The information contained herein shall not be incorporated by reference into any registration statement or other document filed with the Securities and Exchange Commission by Synopsys, whether made before or after the date hereof, regardless of any general incorporation language in such filing, except as otherwise expressly stated in such filing.

Cautionary Statement Regarding Forward-Looking Statements

This Current Report on Form 8-K contains certain forward-looking statements within the meaning of the federal securities laws, including the status of the replacement of Synopsys’ Chief Revenue Officer and the timing thereof, and Synopsys’ fourth quarter and full fiscal year 2025 financial targets, expectations and objectives. These statements involve risks, uncertainties and other factors, including those factors listed in Synopsys’ most recent reports on Form 10-K and Form 10-Q, that could cause our actual results, time frames or achievement to differ materially from those expressed or implied in such forward-looking statements. The information provided herein is as of November 4, 2025. Synopsys undertakes no duty to, and does not intend to, update any forward-looking statement, whether as a result of new information, future events or otherwise, unless required by law.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

				SYNOPSYS, INC.
Dated: November 4, 2025				By:		/S/ JANET LEE
						Janet Lee
						General Counsel & Corporate Secretary