Synopsys Earnings Reports

Synopsys delivered solid financial results for Q1 FY25, with revenue of $1.455 billion, reflecting a slight decline from the prior year. GAAP EPS was $1.89, while non-GAAP EPS exceeded expectations at $3.03. The company achieved an operating income of $251.8 million. Free cash flow guidance for the full fiscal year remains strong at approximately $1.6 billion, reaffirming expectations for double-digit revenue growth.

Synopsys reported record fourth-quarter revenue of $1.636 billion, up 11% year-over-year, and GAAP EPS of $1.79 with non-GAAP EPS of $3.40, which is up approximately 13% year over year. The company achieved record full-year revenue of $6.127 billion, up approximately 15% year over year. They expect double-digit revenue growth in 2025 and are preparing for the Ansys acquisition close in the first half of 2025.

Synopsys reported a strong third quarter with record revenue of $1.526 billion, up 13% year-over-year. GAAP EPS was $2.73, and non-GAAP EPS was $3.43, exceeding guidance. The company expects record full-year revenue growth of approximately 15%.

Synopsys reported a strong Q2 fiscal year 2024, with revenue reaching $1.455 billion, a 15% increase year-over-year. GAAP EPS was $1.92 and non-GAAP EPS was $3.00, a 26% increase year-over-year. The company raised its full-year targets for revenue and non-GAAP EPS due to strong execution and continued business momentum.

Synopsys reported strong Q1 2024 results, with record quarterly revenue of $1.649 billion, up 21% year-over-year, and non-GAAP EPS of $3.56, exceeding the high end of guidance. The company reaffirms full-year 2024 targets for revenue and non-GAAP operating margin and raised non-GAAP EPS guidance.

Synopsys reported record quarterly revenue of $1.599 billion, a 25% increase year-over-year. The company's GAAP earnings per diluted share were $2.26, and non-GAAP earnings per diluted share reached $3.17, surpassing the high end of guidance. For fiscal year 2023, revenue was $5.843 billion, with GAAP EPS of $7.92 and non-GAAP EPS of $11.19, also exceeding guidance.

Synopsys reported record quarterly revenue of $1.487 billion, a 19% increase year-over-year. GAAP EPS was $2.17, and non-GAAP EPS was $2.88, exceeding the high end of guidance. The company is raising its full-year 2023 revenue, non-GAAP operating margin improvement, and earnings guidance, and is committed to double-digit annual revenue growth.

Synopsys reported a record quarterly revenue of $1.395 billion for Q2 2023, exceeding all guidance targets. The company's GAAP earnings per diluted share was $1.76, and non-GAAP earnings per diluted share was $2.54. Synopsys is raising its full year guidance and expects revenue growth of 14-15%, non-GAAP operating margin accretion of 150 basis points to 34.5%, and non-GAAP earnings per share growth of 21-22%.

Synopsys reported a strong start to fiscal year 2023, with revenue reaching $1.361 billion and non-GAAP EPS of $2.62, exceeding guidance targets. The company reaffirmed its FY23 targets, projecting continued revenue growth and non-GAAP operating margin expansion.

Synopsys reported Q4 FY22 revenue of $1.284 billion, GAAP EPS of $0.99, and non-GAAP EPS of $1.91. The company achieved record results in fiscal year 2022, exceeding original targets with strength across all product groups and geographies. For fiscal year 2023, the company is targeting 14-15% revenue growth, continued non-GAAP operating margin expansion, and approximately 16% non-GAAP earnings per share growth.

Synopsys reported strong Q3 2022 results with revenue reaching $1.248 billion, a notable increase from the previous year. The company's GAAP EPS was $1.43, and non-GAAP EPS was $2.10. Synopsys is also raising its outlook for the year, expecting to cross the $5 billion revenue mark.

Synopsys reported revenue of $1.279 billion, GAAP EPS of $1.89, and non-GAAP EPS of $2.50 for Q2 FY2022. The company exceeded its guidance targets with strength across all product groups and geographies and is raising its full-year targets substantially.

Synopsys reported Q1 2022 revenue of $1.270 billion, compared to $970.3 million for Q1 2021. GAAP earnings per diluted share was $1.99, and non-GAAP earnings per diluted share was $2.40. The company delivered financial results at or above guidance targets and is raising its outlook for the year.

Synopsys reported Q4 revenue of $1.152 billion, GAAP EPS of $1.28, and non-GAAP EPS of $1.82. The company delivered a record fiscal year, exceeding original targets with strength in all product groups and geographies. Synopsys is entering fiscal year 2022 with significant financial, technology, and customer momentum.

Synopsys' revenue for the third quarter was $1,057.1 million, compared to $964.1 million for the third quarter of fiscal 2020. GAAP earnings per share was $1.27 and non-GAAP earnings per share was $1.81.

Synopsys reported revenue of $1,024.3 million, GAAP EPS of $1.24, and non-GAAP EPS of $1.70 for Q2 2021. The company exceeded its key guidance metrics, driven by robust business across all product groups and geographies. Due to excellent year-to-date results and increased confidence, Synopsys raised its fiscal 2021 revenue, non-GAAP earnings, operating margin, and operating cash flow targets.

Synopsys reported a strong start to fiscal year 2021, with revenue reaching $970.3 million and non-GAAP EPS at $1.52. The company is reaffirming its outlook for the year, expecting continued growth and operating margin expansion.

Synopsys reported strong Q4 2020 results with revenue reaching $1.025 billion and GAAP earnings per share of $1.26. The company is entering fiscal year 2021 with considerable financial and customer momentum.

Synopsys reported Q3 2020 financial results with revenue of $964.1 million, GAAP earnings per share of $1.62, and non-GAAP earnings per share of $1.74. The company experienced double-digit revenue growth across all product groups and strength in all geographies. Due to the strong results, Synopsys is raising its 2020 revenue, operating margin, non-GAAP earnings-per-share, and operating cash flow targets.

Synopsys reported Q2 2020 revenue of $861.3 million and GAAP earnings per share of $0.71. The company reaffirmed its 2020 revenue and non-GAAP operating margin guidance and raised its non-GAAP earnings-per-share and operating cash flow targets.

Synopsys reported a strong start to fiscal year 2020, with revenue of $834.4 million. The company delivered financial results at or above guidance targets and reaffirmed its outlook for the year.