SYNOPSYS INC

For the period ended Apr 30, 2025. Filed May 28, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Apr 30, 2025 · Filed May 28, 2025

SNPS$459.95-1.5%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Statements of Cash Flows

	Six Months Ended April 30,
	2025	2024
Cash flows from operating activities:
Net income	$642,521	$735,296
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization and depreciation	96,838	123,886
Reduction of operating lease right-of-use assets	51,728	48,179
Amortization of capitalized costs to obtain revenue contracts	25,405	37,912
Stock-based compensation	388,186	358,487
Allowance for credit losses	15,940	9,987
(Gain) loss on sale of strategic investments	2,435	(55,077)
Gain on sale of building	(51,385)	—
Loss on divestitures, net of transaction costs	8,299	—
Amortization of bridge financing costs	40,411	7,085
Amortization of debt issuance costs	2,348	—
Deferred income taxes	(237,170)	(170,854)
Other	(181)	(2,607)
Net changes in operating assets and liabilities, net of effects from acquisitions and dispositions:
Accounts receivable	(74,098)	20,889
Inventories	(39,766)	(60,518)
Prepaid and other current assets	(140,472)	(191,595)
Other long-term assets	(36,058)	(104,551)
Accounts payable and accrued liabilities	(242,529)	(142,086)
Operating lease liabilities	(48,617)	(48,709)
Income taxes	(36,870)	(229,536)
Deferred revenue	(37,412)	52,612
Unrealized loss on settlement of interest rate treasury lock	(121,643)	—
Net cash provided by operating activities	207,910	388,800
Cash flows from investing activities:
Proceeds from maturities of short-term investments	35,461	63,159
Proceeds from sales of short-term investments	22,015	—
Purchases of short-term investments	(47,558)	(65,861)
Proceeds from sales of strategic investments	—	55,696
Purchases of strategic investments	(3,368)	(860)
Purchases of property and equipment, net	(96,303)	(78,763)
Proceeds from sale of building	74,279	—
Acquisitions, net of cash acquired	—	(139,557)
Proceeds from business divestiture, net of cash divested	70,082	—
Other	(611)	—
Net cash provided by (used in) investing activities	53,997	(166,186)
Cash flows from financing activities:
Proceeds from debt, net of issuance costs	10,034,464	—
Repayment of debt	(1,289)	(1,303)
Payment of bridge financing and term loan costs	—	(54,715)
Issuances of common stock	118,308	115,111
Payments for taxes related to net share settlement of equity awards	(166,872)	(212,577)
Redemption of redeemable non-controlling interest	(30,000)	—
Other	—	(1,096)
Net cash provided by (used in) financing activities	9,954,611	(154,580)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	8,186	2,423
Net change in cash, cash equivalents and restricted cash	10,224,704	70,457

Cash, cash equivalents and restricted cash, beginning of year, including cash from discontinued operations	3,898,729	1,441,187
Cash, cash equivalents and restricted cash, end of period, including cash from discontinued operations	14,123,433	1,511,644
Less: Cash, cash equivalents and restricted cash from discontinued operations	—	6,445
Cash, cash equivalents and restricted cash from continuing operations	$14,123,433	$1,505,199

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.