Every 8-K 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 8-K covers material events a company has to report between its quarterly 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) filed an amendment to update its disclosure about a previously approved restructuring plan. The Board originally approved the restructuring plan on November 9, 2025, and on August 21, 2026, approved updated estimates reflecting higher restructuring costs.
Synopsys now estimates it will recognize pre-tax charges ranging from $425 million to $500 million to its GAAP financial results. These charges consist primarily of severance and other one-time termination benefits, as well as costs related to certain site closures as part of its global site strategy. The company characterizes these as forward-looking estimates subject to risks, including possible changes in the size, components and timing of the expected costs and Synopsys’ ability to realize the benefits of the restructuring.
Synopsys, Inc. (SNPS) reported strong third-quarter fiscal 2026 results, with revenue of $2.48 billion, up from $1.74 billion a year earlier. GAAP net income from continuing operations rose to $545.8 million ($2.84 per diluted share) from $242.5 million ($1.50 per share).
On a non-GAAP basis, net income from continuing operations increased to $752.5 million, or $3.91 per diluted share, from $548.9 million, or $3.39 per share. Design Automation generated $2.00 billion of Q3 revenue, while Design IP contributed $473.8 million. Non-GAAP operating margin reached 41.6%.
For the fourth quarter of fiscal 2026, Synopsys targets revenue of $2.53–$2.58 billion and non-GAAP EPS of $4.10–$4.16. For the full fiscal year 2026, it targets revenue of $9.69–$9.74 billion, non-GAAP operating margin of about 41.5%, non-GAAP EPS of $15.04–$15.10, operating cash flow of about $2.8 billion and free cash flow of about $2.6 billion.
Synopsys, Inc. reported a leadership transition in its legal function. Janet Lee will cease serving as General Counsel and Corporate Secretary effective on the earlier of December 31, 2026 or the appointment of her successor. After her successor is in place, she will move into an advisory role to support continuity.
Synopsys states that Ms. Lee will continue in this advisory capacity until June 30, 2027, or a later date determined by the company, to help ensure a smooth transition of responsibilities. The filing does not describe any changes to Synopsys’ business operations beyond this leadership change.
Synopsys, Inc. entered into a cooperation agreement with Elliott Investment Management and its affiliates, under which the Synopsys board will expand by one seat and appoint Jesse Cohn as an independent director effective June 1, 2026, with a term running through the 2027 annual meeting.
Under the agreement, Elliott accepts voting commitments, standstill and mutual non-disparagement provisions, including limits of up to 4.9% beneficial ownership and 7.5% aggregate economic exposure to Synopsys common stock during the cooperation period. Elliott must maintain at least a 1.5% net-long position to participate in selecting any replacement director. With Cohn’s appointment, the Synopsys board increases to 11 members and he will also serve on the Corporate Governance and Nominating Committee.
Synopsys reported strong top-line growth but sharply lower GAAP profit in its second quarter of fiscal 2026. Revenue reached $2.276 billion, up from $1.604 billion a year earlier, driven by gains in both time-based and upfront product revenue as well as maintenance and services.
GAAP net income from continuing operations fell to $17.1 million, or $0.09 per diluted share, compared with $349.2 million, or $2.24 per diluted share, reflecting large charges for amortization of acquired intangibles, stock-based compensation and restructuring.
On a non-GAAP basis, net income was $643.7 million, or $3.35 per diluted share, versus $572.7 million, or $3.67, showing higher profit dollars but slightly lower per-share earnings. The company raised its full-year 2026 targets, guiding revenue to $9.625–$9.705 billion and non-GAAP EPS to $14.72–$14.80, and now expects about $2.0 billion in free cash flow for the year.
Synopsys, Inc. reported the results of its 2026 Annual Meeting of Stockholders held on April 16, 2026. Stockholders approved an Amended and Restated Equity Incentive Plan that now allows non-employee directors, as well as executive officers, to receive equity awards.
They also re-elected ten directors, approved on an advisory basis the compensation of named executive officers, and ratified KPMG LLP as independent registered public accounting firm for the fiscal year ending October 31, 2026. A stockholder proposal to permit action by written consent did not receive sufficient support.
Synopsys, Inc. has entered into a $250 million accelerated share repurchase (ASR) agreement with The Bank of Nova Scotia to buy back its common stock. Under the ASR terms, Synopsys will receive an initial delivery of approximately 513,000 shares, with any remaining shares to be settled on or before June 1, 2026. The final number of shares repurchased will depend on the average daily volume-weighted average price of Synopsys stock during the repurchase period, reduced by a discount.
Synopsys, Inc. reported very strong growth for the first quarter of fiscal 2026 and expanded its share repurchase capacity. Revenue rose to $2.409 billion from $1.455 billion a year earlier, reflecting major contributions from its Design Automation segment.
On a GAAP basis, net income was $65.0 million, or $0.34 per diluted share, down from $295.7 million, or $1.89 per share, largely due to higher amortization of acquired intangibles, stock-based compensation and restructuring charges. Non-GAAP net income increased to $718.5 million, or $3.77 per diluted share, from $473.2 million, or $3.03 per share.
For the second quarter of fiscal 2026, Synopsys targets revenue of $2.225–$2.275 billion and non-GAAP EPS of $3.11–$3.17. Full-year fiscal 2026 targets call for revenue of $9.56–$9.66 billion and non-GAAP EPS of $14.38–$14.46, based on an 18% non-GAAP tax rate. The board also replenished the stock repurchase program with authorization to buy up to $2.0 billion of common stock.
Synopsys, Inc. expanded its Board of Directors from eleven to twelve members and appointed former Deloitte executive Peter A. Shimer as a director and member of the Audit Committee, effective immediately. The Board determined he is an independent director, meets Nasdaq audit committee requirements, and qualifies as an “audit committee financial expert.”
Shimer will participate in Synopsys’ non-employee director compensation program, including an annual cash retainer of $140,000, an initial restricted stock award with a grant date fair market value of $350,000, and a prorated interim restricted stock award based on an annual $200,000 grant. Synopsys also disclosed that current directors Luis Borgen and Dr. Ajei Gopal will not be renominated and will remain on the Board through the 2026 annual meeting of stockholders.
Synopsys (SNPS) announced a restructuring plan tied to its ANSYS integration, calling for the termination of approximately 10% of its workforce as of fiscal 2025 year-end. The company expects to recognize pre-tax GAAP charges of $300 million to $350 million for severance, one-time termination benefits, and costs such as certain site closures under its global site strategy.
Synopsys plans for a majority of the workforce reductions in fiscal year 2026 and aims to substantially complete the plan by the end of fiscal year 2027, subject to local law and consultation requirements. Management frames the move as a way to invest in key growth opportunities and drive efficiencies following the ANSYS acquisition. Forward-looking statements note potential changes in the scope, timing, and cost of the actions.
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.
Synopsys, Inc. filed an amendment to a current report to expand its prior disclosure about board changes. The filing confirms that on July 17, 2025, the board appointed Mr. Vijayaraghavan as a director. It further clarifies that, effective September 17, 2025, he was also appointed to the Corporate Governance and Nominating Committee of the board. No other aspects of the earlier report were revised, so this update is limited to committee responsibilities for the new director.
Synopsys, Inc. filed a current report to let investors know it has released financial results for its third fiscal quarter ended July 31, 2025. The company announced these quarterly results in a press release dated September 9, 2025, which is attached to the report as Exhibit 99.1 and incorporated by reference. The report clarifies that this earnings information is being furnished rather than filed, which affects how it is treated under federal securities laws, and that it will only be included in other SEC documents if specifically referenced.