SYNOPSYS INC
For the period ended Jan 31, 2026. Filed Feb 25, 2026.
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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.
Jan 31, 2026 · Filed Feb 25, 2026
SNPS$459.95-1.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Income
(Unaudited, in thousands, except per share amounts)
| Three Months Ended January 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Revenue: | ||
| Time-based products | $951,541 | $828,238 |
| Upfront products | 741,530 | 368,124 |
| Total products revenue | 1,693,071 | 1,196,362 |
| Maintenance and service | 715,727 | 258,953 |
| Total revenue | 2,408,798 | 1,455,315 |
| Cost of revenue: | ||
| Products | 242,402 | 168,842 |
| Maintenance and service | 146,738 | 92,537 |
| Amortization of acquired intangible assets | 248,242 | 8,596 |
| Total cost of revenue | 637,382 | 269,975 |
| Gross margin | 1,771,416 | 1,185,340 |
| Operating expenses: | ||
| Research and development | 714,988 | 553,216 |
| Sales and marketing | 396,375 | 209,199 |
| General and administrative | 182,732 | 167,086 |
| Amortization of acquired intangible assets | 155,993 | 4,000 |
| Restructuring charges | 118,282 | — |
| Total operating expenses | 1,568,370 | 933,501 |
| Operating income | 203,046 | 251,839 |
| Interest expense | (162,715) | (11,139) |
| Other income (expense), net | 38,722 | 50,417 |
| Income before income taxes | 79,053 | 291,117 |
| Provision (benefit) for income taxes | 14,337 | (6,294) |
| Net income | 64,716 | 297,411 |
| Less: Net income (loss) attributed to non-controlling interest and redeemable non-controlling interest | (242) | 1,728 |
| Net income attributed to Synopsys | $64,958 | $295,683 |
| Net income per share attributed to Synopsys: | ||
| Basic | $0.34 | $1.91 |
| Diluted | $0.34 | $1.89 |
| Shares used in computing per share amounts: | ||
| Basic | 189,593 | 154,408 |
| Diluted | 190,762 | 156,189 |
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