SYNOPSYS INC

10-K & 10-Q Filings

Synopsys, Inc. is a global technology company that provides products and services across the Silicon to Software spectrum. The company's business strategy is to help its customers, including chip and system engineers and software developers, speed up time to market, achieve the highest quality of results, mitigate risk, and maximize profitability. Synopsys operates in three business segments: Design Automation, Design IP, and Software Integrity. The Design Automation segment offers electronic design automation (EDA) software and services used in designing and testing integrated circuits (ICs) and electronic systems. The segment's products include solutions for digital and custom IC design, verification, manufacturing, and AI-driven EDA solutions. The Design IP segment provides silicon-proven IP solutions for SoCs, including high-quality solutions for widely used interfaces, logic libraries and embedded memories, processor solutions, security IP solutions, and automotive IP. The Software Integrity segment helps organizations manage software risks across their portfolio and at all stages of the application lifecycle. The segment offers testing tools, services, programs, and professional services, as well as training for security and development teams to build secure, high-quality software faster. Synopsys' website is https://www.synopsys.com/, and its ticker symbol is SNPS. The company was incorporated in 1986 and reincorporated in Delaware in 1987. Its headquarters are located in Sunnyvale, California. Synopsys markets its products and services primarily through direct sales in the United States and its principal foreign markets, with sales and support offices in multiple countries.

12 mos ending Oct 31, 201212 mos ending Oct 31, 201312 mos ending Oct 31, 201412 mos ending Oct 31, 201512 mos ending Oct 31, 201612 mos ending Oct 31, 201712 mos ending Oct 31, 201812 mos ending Oct 31, 201912 mos ending Oct 31, 202012 mos ending Oct 31, 202112 mos ending Oct 31, 202212 mos ending Oct 31, 20233 mos ending Jan 31, 20233 mos ending Jan 31, 2024CAGR %YoY %Revenue (+)
$1756.02
1962.21
2057.47
2242.21
2422.53
2724.88
3121.06
3360.69
3685.28
4204.19
5081.54
5842.62
1361.34
1649.23
11.55%21.15%Cost of Revenue (-)
$392.67
453.55
456.88
518.92
542.96
654.18
735.90
752.95
794.69
861.78
1063.70
1222.19
284.35
329.18
10.87%15.76%Gross Profit (+)
$1363.34
1508.66
1600.59
1723.29
1879.57
2070.70
2385.16
2607.75
2890.59
3342.42
4017.84
4620.43
1076.99
1320.06
11.73%22.57%Selling, General & Administrative (-)
$573.09
569.77
608.29
639.50
668.33
746.09
885.54
862.11
916.54
1035.48
1133.62
1299.33
308.15
401.78
7.73%30.39%Research & Development (-)
$581.63
669.20
718.77
776.23
856.71
908.84
1084.82
1136.93
1279.02
1504.82
1680.38
1946.81
465.33
552.06
11.61%18.64%Depreciation & Amortization (-)
$18.60
23.20
24.81
26.00
27.51
31.61
41.63
41.29
38.83
33.92
29.75
28.02
6.72
6.60
3.79%-1.79%Non-recurring Operating Expenses (-)
$
15.09
9.63
36.59
12.95
47.19
36.06
33.41
12.06
77.00
40.86
Operating Expenses (-)
$1173.32
1262.17
1351.87
1456.83
1562.17
1723.13
2024.93
2087.52
2270.45
2607.63
2855.81
3351.17
821.05
960.43
10.01%16.98%Costs & Expenses (Total) (-)
$1565.99
1715.72
1808.76
1975.75
2105.14
2377.32
2760.83
2840.46
3065.14
3469.40
3919.50
4573.36
1105.41
1289.61
10.23%16.66%Operating Income/Loss (+)
$190.02
246.49
248.72
266.47
317.39
347.56
360.23
520.23
620.14
734.79
1162.04
1269.26
255.93
359.62
18.84%40.51%Non-operating Income/Expense (+)
$11.11
29.17
23.43
15.14
12.15
35.53
3.32
25.27
18.02
70.72
-46.52
32.52
23.29
105.48
10.26%352.88%Earnings before Tax (+)
$201.13
275.67
272.14
281.61
329.55
383.10
363.54
545.51
638.16
805.51
1115.51
1301.78
279.22
465.10
18.50%66.57%Tax Expense (-)
$18.73
27.87
13.02
55.68
62.72
246.53
-68.97
13.14
-25.29
49.16
137.08
83.66
10.60
18.90
14.57%78.32%Income/Loss (Continuing Operations) (+)
$182.40
247.80
259.12
225.93
266.83
136.56
432.52
532.37
663.45
756.36
978.44
1218.13
268.63
446.21
18.84%66.11%Profit/Loss (+)
$182.40
247.80
259.12
663.45
756.36
978.44
1218.13
268.63
446.21
18.84%66.11%Net Income/Loss (NCI) (-)
$
-0.90
-1.16
-6.16
-11.76
-2.91
-2.90
0.14%Net Income/Loss (+)
$182.40
247.80
259.12
225.93
266.83
136.56
432.52
532.37
664.35
757.52
984.59
1229.89
271.54
449.11
18.95%65.40%Net Income/Loss (Common) (+)
$182.40
247.80
259.12
225.93
266.83
136.56
432.52
532.37
664.35
757.52
984.59
1229.89
271.54
449.11
18.95%65.40%EPS (Basic)
$1.24
1.62
1.67
1.46
1.76
0.91
2.90
3.55
4.40
4.96
6.44
8.08
1.78
2.95
18.58%65.73%EPS (Diluted)
$1.21
1.58
1.64
1.43
1.73
0.88
2.82
3.45
4.27
4.81
6.29
7.92
1.75
2.89
18.63%65.14%Weighted Avg Shares (Basic)
146.89
153.32
155.05
154.96
152.02
150.46
149.04
149.87
151.13
152.70
153.00
152.15
152.40
152.31
0.32%-0.06%Weighted Avg Shares (Diluted)
150.28
156.60
157.71
158.06
154.72
154.87
153.39
154.19
155.71
157.34
156.49
155.19
155.08
155.33
0.29%0.17%Cash
$700.38
1022.44
985.76
836.19
976.62
1048.36
723.12
728.60
1235.65
1432.84
1417.61
1438.91
1154.87
1118.94
6.76%-3.11%Short-term Investments
$
128.75
140.69
147.95
147.91
151.64
147.05
154.49
5.06%Receivables
$292.67
256.03
326.73
385.69
438.87
451.14
554.22
553.89
780.71
568.50
796.09
946.97
1035.32
1064.13
11.27%2.78%Inventory
$
122.41
141.52
192.33
229.02
211.93
325.59
220.88
382.73
73.27%Prepaid Expenses (Current)
$72.89
54.30
71.45
104.66
134.84
67.53
290.05
308.17
397.62
439.13
567.51
470.27
687.63
20.51%46.22%Other Assets (Current)
$74.71
169.51
137.94
141.73
56.09
48.26
76.53
24.86
32.35
32.41
Assets (Current)
$1140.66
1447.98
1504.73
1563.80
1716.94
1682.59
1543.80
1738.92
2549.22
2808.34
3012.67
3430.62
3028.40
3407.93
10.53%12.53%Property, Plant & Equipment (Net)
$191.24
197.60
249.10
263.08
257.04
266.01
309.31
429.53
949.64
965.65
1042.39
1126.09
1103.82
1118.49
17.49%1.33%Goodwill & Intangibles
$2443.31
2311.40
2620.74
2834.90
2784.91
2960.82
3503.65
3450.55
3619.44
3854.92
4228.68
4444.53
4225.99
4508.83
5.59%6.69%Other Assets
$372.45
420.24
400.93
383.96
481.49
486.99
789.21
786.16
911.77
1123.35
1134.35
1331.89
1207.42
1523.01
12.28%26.14%Assets (Non-current)
$3007.00
2929.24
3270.76
3481.94
3523.43
3713.82
4602.18
4666.24
5480.85
5943.92
6405.42
6902.51
6537.23
7150.33
7.85%9.38%Assets (Total)
$4147.66
4358.94
4775.50
5045.74
5240.36
5396.41
6145.97
6405.16
8030.06
8752.26
9418.09
10333.13
9565.62
10558.26
8.65%10.38%Accounts Payable
$387.78
365.37
428.52
405.11
424.14
539.66
605.78
522.36
651.40
741.19
809.40
1123.76
663.59
699.47
10.16%5.41%Debt (Current)
$30.00
30.00
30.00
205.00
205.00
9.92
343.77
17.61
27.08
74.99
Other Liabilities (Current)
$834.86
827.55
928.24
968.25
1085.80
1064.53
1152.86
1212.48
1461.44
1597.30
1965.10
1861.69
2061.40
1945.03
7.56%-5.65%Liabilities (Current)
$1252.64
1222.92
1386.76
1578.35
1714.95
1614.11
2102.41
1752.45
2139.92
2413.48
2774.50
2985.45
2725.00
2644.51
8.22%-2.95%Debt (Non-current)
$105.00
75.00
45.00
134.06
125.53
120.09
100.82
25.09
20.82
18.08
20.57
16.95
-14.78%-17.59%Other Liabilities
$246.05
272.74
287.57
333.40
330.27
368.52
433.01
443.74
876.95
1014.74
1063.57
1145.30
1141.31
1190.18
15.01%4.28%Liabilities (Non-current)
$351.05
347.74
332.57
333.40
330.27
502.58
558.54
563.83
977.77
1039.83
1084.40
1163.38
1161.88
1207.13
11.51%3.90%Liabilities (Total)
$1603.68
1570.66
1719.33
1911.75
2045.22
2116.69
2660.96
2316.28
3117.70
3453.32
3858.90
4148.83
3886.87
3851.64
9.03%-0.91%Treasury Stock
$168.09
106.67
49.50
98.38
294.05
426.21
597.68
625.64
488.61
782.87
1272.95
1675.65
1321.18
1539.34
23.25%16.51%Retained Earnings
$1098.69
1324.85
1551.59
1725.73
1947.59
2143.87
2543.69
3164.14
3795.40
4549.71
5534.31
6741.70
5805.84
7188.55
17.93%23.82%AOCI
$-15.46
-28.70
-62.09
-105.38
-104.58
-65.98
-113.18
-92.45
-54.07
-49.60
-234.28
-196.41
-142.33
-163.22
-14.68%Shareholder's Equity
$2543.97
2788.28
3056.17
3133.99
3195.15
3279.72
3485.02
4088.88
4912.37
5298.94
5520.53
6153.26
5642.70
6675.57
8.36%18.30%Liabilities & Equity
$4147.66
4358.94
4775.50
5045.74
5240.36
5396.41
6145.97
6405.16
8030.06
8752.26
9418.09
10333.13
9565.62
10558.26
8.65%10.38%Net Income/Loss
$182.40
247.80
259.12
225.93
266.83
136.56
432.52
532.37
664.35
757.52
978.44
1218.13
268.63
446.21
18.84%66.11%Depreciation & Amortization
$156.84
187.40
192.83
211.82
207.03
189.44
209.21
201.68
209.99
203.68
228.41
247.12
57.29
63.89
4.22%11.51%Increase/Decrease in Working Capital
$-59.01
4.57
-44.91
62.82
-28.30
-73.76
150.49
76.28
188.46
-130.18
59.34
327.34
330.89
670.50
102.64%Share-based Compensation
$71.41
67.51
79.44
86.40
97.58
108.29
140.03
155.00
248.58
345.27
459.03
563.29
134.23
180.65
20.65%34.59%Adjustments to Reconcile Net Income
$303.67
248.90
291.83
269.23
319.81
498.00
-8.29
268.15
326.97
735.11
760.46
485.15
-153.88
-534.00
4.35%-247.03%Net Cash (Operating)
$486.07
496.70
550.95
495.16
586.63
634.57
424.23
800.51
991.31
1492.62
1738.90
1703.27
114.75
-87.79
12.07%-176.50%Capital Expenditure
$1027.58
67.07
501.54
430.80
131.10
332.76
752.91
238.99
359.81
391.76
561.46
489.51
43.50
108.22
-6.52%148.78%Net Cash (Investing)
$-879.12
-66.08
-497.25
-559.63
-142.68
-189.28
-743.52
-235.88
-360.42
-549.03
-572.62
-482.10
-36.25
-54.40
-50.07%Increase/Decrease in Debt
$107.59
-34.63
-30.97
129.57
-60.63
325.32
-331.17
-12.39
-28.06
-76.84
-2.60
-1.29
-1.30
-0.70%Increase/Decrease in Equity
$135.90
-13.10
-37.66
-195.10
-274.72
-273.66
-276.17
-172.82
-44.68
-577.36
-862.04
-952.74
-283.39
-38.52
86.41%Interest Expenses
$1.96
1.76
1.90
2.71
3.71
7.09
15.31
12.36
5.14
3.37
1.26
1.00
-5.97%Net Cash (Financing)
$243.49
-97.98
-73.69
-62.07
-306.94
-373.12
5.14
-561.89
-140.61
-748.75
-1116.30
-1196.87
-376.77
-187.15
50.33%Cash Taxes Paid
$92.32
33.63
49.84
104.36
62.35
83.81
356.36
55.97
56.59
120.91
166.12
-100.12
-50.42
117.80
333.65%Effect of Exchange Rate
$-5.13
-10.58
-16.69
-23.04
3.41
-0.43
-11.09
2.78
17.15
2.37
-65.30
-2.98
35.67
9.32
-73.88%Increase/Decrease in Cash
$-154.69
322.06
-36.68
-149.57
140.43
71.74
-325.24
5.53
507.44
197.21
-15.32
21.32
-262.60
-320.02
-21.87%Cash (Beginning)
$855.08
700.38
1022.44
985.76
836.19
976.62
1048.36
725.00
730.53
1237.97
1435.18
1419.86
1419.86
1441.19
4.72%1.50%Cash (Ending)
$700.38
1022.44
985.76
836.19
976.62
1048.36
723.12
730.53
1237.97
1435.18
1419.86
1441.19
1157.27
1121.17
6.78%-3.12%NOPAT
$102.80
216.42
203.17
167.71
257.35
271.52
428.57
466.86
644.72
624.50
988.99
1187.69
246.22
268.54
24.91%9.06%Gross Margin %
77.64%
76.89%
77.79%
76.86%
77.59%
75.99%
76.42%
77.60%
78.44%
79.50%
79.07%
79.08%
79.11%
80.04%
Operating Margin %
10.82%
12.56%
12.09%
11.88%
13.10%
12.76%
11.54%
15.48%
16.83%
17.48%
22.87%
21.72%
18.80%
21.81%
NOPAT Margin %
5.85%
11.03%
9.87%
7.48%
10.62%
9.96%
13.73%
13.89%
17.49%
14.85%
19.46%
20.33%
18.09%
16.28%
Net Margin %
10.39%
12.63%
12.59%
10.08%
11.01%
5.01%
13.86%
15.84%
18.03%
18.02%
19.38%
21.05%
19.95%
27.23%
Tax Rate %
45.90%
12.20%
18.31%
37.06%
18.92%
21.88%
-18.97%
10.26%
-3.96%
15.01%
14.89%
6.43%
3.80%
25.33%
ROA
2.48%
4.96%
4.25%
3.32%
4.91%
5.03%
6.97%
7.29%
8.03%
7.14%
10.50%
11.49%
2.57%
2.54%
ROE
4.04%
7.76%
6.65%
5.35%
8.05%
8.28%
12.30%
11.42%
13.12%
11.79%
17.91%
19.30%
4.36%
4.02%
ROIC
4.34%
9.92%
7.92%
5.80%
9.00%
9.01%
11.62%
11.46%
13.33%
12.75%
18.20%
19.99%
4.48%
4.29%
Asset Turnover
0.42
0.45
0.43
0.44
0.46
0.50
0.51
0.52
0.46
0.48
0.54
0.57
0.14
0.16
Inventory Turnover
6.01
5.32
4.13
3.76
5.02
3.75
1.29
0.86
Equity Multiplier
1.63
1.56
1.56
1.61
1.64
1.65
1.76
1.57
1.63
1.65
1.71
1.68
1.70
1.58
Current Ratio
0.91
1.18
1.09
0.99
1.00
1.04
0.73
0.99
1.19
1.16
1.09
1.15
1.11
1.29
Quick Ratio
0.79
1.05
0.95
0.86
0.91
0.93
0.61
0.73
0.94
0.89
0.85
0.85
0.86
0.88
Debt/Equity Ratio
0.05
0.04
0.02
0.07
0.06
0.04
0.13
0.03
0.03
0.02
0.00
0.00
0.00
0.00
Interest Coverage Ratio
96.90
139.97
130.63
98.33
85.60
48.99
23.53
42.08
120.74
218.36
923.72
1274.36
Working Capital/Sales
-0.15
-0.17
-0.15
-0.09
-0.07
-0.08
-0.04
0.06
0.07
0.02
0.03
0.06
0.12
0.38
R&D/Sales
0.33
0.34
0.35
0.35
0.35
0.33
0.35
0.34
0.35
0.36
0.33
0.33
0.34
0.33
Total Payout
$-241.53
49.49
70.54
68.23
278.43
341.38
-33.84
516.35
62.20
608.79
940.14
956.34
284.68
39.82
-86.01%Payout Ratio %
-234.94%
22.87%
34.72%
40.68%
108.19%
125.73%
-7.90%
110.60%
9.65%
97.48%
95.06%
80.52%
115.62%
14.83%