SNPS Q2 2026

Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025

Earnings

Synopsys delivered a clear beat across both key metrics in fiscal Q2 2026, posting non-GAAP EPS of $3.35 against a consensus estimate of $3.16, a 5.96% positive surprise, while revenue of $2.28 billion edged past the $2.25 billion estimate and surged… Read more Synopsys delivered a clear beat across both key metrics in fiscal Q2 2026, posting non-GAAP EPS of $3.35 against a consensus estimate of $3.16, a 5.96% positive surprise, while revenue of $2.28 billion edged past the $2.25 billion estimate and surged 42.0% year over year, a dramatic step-up that reflects the full quarterly contribution of the $35 billion Ansys acquisition closed in mid-2025. The Design Automation segment, which generated $1.82 billion, or roughly 80% of total revenue, drove the top-line strength, with adjusted operating margins expanding to 43.3% from 40.9% a year ago, even as the Design IP segment softened to $454.20 million amid a deliberate reallocation of resources and a planned divestiture of the Processor IP Solutions business. Ahead of the print, investor positioning had already pushed shares higher on optimism around Ansys integration progress and AI semiconductor demand. Management raised full-year revenue guidance to a $9.67 billion midpoint and lifted non-GAAP EPS guidance to $14.76, with Q3 revenue projected between $2.41 billion and $2.46 billion.