SNPS Q1 2026

Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025

Earnings

Synopsys opened fiscal 2026 with a quarter that underscored how fundamentally its acquisition of Ansys has reshaped the business, posting Q1 revenue of $2.41 billion, up 65.4% year-over-year, and non-GAAP EPS of $3.77, running ahead of the $3.56 Wall… Read more Synopsys opened fiscal 2026 with a quarter that underscored how fundamentally its acquisition of Ansys has reshaped the business, posting Q1 revenue of $2.41 billion, up 65.4% year-over-year, and non-GAAP EPS of $3.77, running ahead of the $3.56 Wall Street consensus by 5.98%. The Ansys integration, now fully reflected for the first time in a complete quarterly period, was the single defining driver of that growth, with the enlarged Design Automation segment alone contributing $2.00 billion, or 83% of total revenue. Operating cash flow swung to a robust $856.83 million from negative territory a year ago, while the company aggressively reduced long-term debt by roughly $3.45 billion during the quarter. AI-fueled chip design demand remained a central theme in management's commentary, and the company reiterated full-year FY2026 revenue guidance of $9.56 billion to $9.66 billion with non-GAAP EPS of $14.38 to $14.46, signaling confidence in sustained momentum even as a Morgan Stanley downgrade flagged potential growth deceleration ahead.