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Synopsys, Inc.

SNPS NASDAQ Categories PDF
Technology · Software - Infrastructure
Sunnyvale, CA 94085, United States IPO 1992 synopsys.com Updated Jun 26, 11:47pm
Price
$454.34
Market Cap
$87.0B
Employees
28,000
Beta
1.21
Avg Volume
1,844,225
CEO
Sassine Ghazi
Business Description

Synopsys, Inc. is a leading provider of electronic design automation (EDA) software, instrumental in the creation and validation of integrated circuits. The company offers a robust portfolio of platforms, including the Fusion Design Platform for digital implementation, and the comprehensive Verification Continuum Platform. The latter provides a suite of solutions such as virtual prototyping, static and formal verification, simulation, emulation, and FPGA-based prototyping with integrated debugging tools. Synopsys also develops FPGA design products, which enable programming for specific functions. A significant part of its business involves intellectual property (IP) solutions. This encompasses IP for widely adopted communication standards like USB, PCI Express, DDR, Ethernet, SATA, MIPI, HDMI, and Bluetooth Low Energy. They also furnish analog IP, including data converters and audio codecs, alongside system-on-chip (SoC) infrastructure IP, specialized datapath and building block IP, and verification IP products. Furthermore, their offerings include mathematical and floating-point components, as well as Arm AMBA interconnect fabric and peripherals. Beyond core IP, Synopsys supplies logic libraries, embedded memories, and configurable processor cores, complemented by application-specific instruction-set processor tools for embedded applications. They also develop IP subsystems for audio, sensor, and data fusion functionalities, in addition to specialized security IP solutions. For advanced system design and analysis, Synopsys provides Platform Architect solutions for SoC architecture optimization, along with general virtual prototyping tools and HAPS FPGA-based prototyping systems. Their expertise extends to tools designed for optical systems and photonic devices. In addition to software and IP, the company delivers a range of services, including security testing, managed services, professional programs, and training. These services are designed to help customers identify and resolve security vulnerabilities and defects across the software development lifecycle. Manufacturing solutions are also part of their extensive offerings. Synopsys serves a diverse global client base, with applications across electronics, financial services, automotive, medicine, energy, and various industrial sectors. The company was founded in 1986 and is headquartered in Mountain View, California.

Business History
Price History (1 Year)
Last updated: Jun 27, 2026 1:28am (8h ago)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Jun 27, 2026 3:04am (6h ago)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALC
Stock Price / EPS (Diluted)
55.88
Stock Price: $454.34
EPS (Diluted): 8.13
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
2.57
Stock Price: $454.34
Total Equity: $28.33B
Shares: 161,682,000
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
33.63
Market Cap: $87.00B
Total Debt: $13.48B
Cash: $2.89B
EBITDA: $2.50B
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$84.1B
Market Cap: $87.00B
Total Debt: $13.48B
Cash: $2.89B
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
77.0%
Gross Profit: $5.43B
Revenue: $7.05B
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
13.0%
Operating Income: $914.93M
Revenue: $7.05B
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
18.9%
Net Income: $1.33B
Revenue: $7.05B
ROE (Profit from shareholder equity)
CALC
Net Income / Total Equity
4.7%
Net Income: $1.33B
Total Equity: $28.33B
ROIC (Profit from all invested capital)
CALC
NOPAT / Invested Capital
2.3%
Operating Income: $914.93M
Tax Rate: 4.0%
Equity: $28.33B
Total Debt: $13.48B
Cash: $2.89B
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
1.62
Current Assets: $6.01B
Current Liabilities: $3.72B
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
0.48
Short-Term Debt: $22.12M
Long-Term Debt: $13.46B
Total Debt: $13.48B
Total Equity: $28.33B
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$43.63
Revenue: $7.05B
Shares: 161,682,000
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$175.21
Total Equity: $28.33B
Shares: 161,682,000
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$8.34
Operating CF: $1.52B
CapEx: -$169.45M
Shares: 161,682,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $454.34
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: $1.33B
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares SNPS against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 27, 2026 3:04am (6h ago)
Metric 2021 2022 2023 2024 2025
Revenue $4.2B $4.6B $5.3B $6.1B $7.1B
Cost of Revenue $861.8M $898.0M $1.0B $1.2B $1.6B
Gross Profit $3.3B $3.7B $4.3B $4.9B $5.4B
Operating Expenses $2.6B $2.6B $3.0B $3.5B $4.5B
Operating Income $734.8M $1.1B $1.3B $1.4B $914.9M
Net Income $757.5M $984.6M $1.2B $2.3B $1.3B
EBITDA $1.0B $1.3B $1.6B $1.8B $2.5B
EPS $4.96 $6.44 $8.08 $14.78 $8.13
EPS (Diluted)
Balance Sheet (Annual)
Last updated: Jun 27, 2026 3:04am (6h ago)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $1.4B $1.4B $1.4B $3.9B $2.9B
Total Current Assets $2.8B $3.0B $3.4B $6.5B $6.0B
Total Assets $8.8B $9.4B $10.3B $13.1B $48.2B
Current Liabilities $2.4B $2.8B $3.0B $2.7B $3.7B
Long-Term Debt $25.1M $20.8M $18.1M $15.6M $13.5B
Total Liabilities $3.5B $3.9B $4.1B $4.1B $19.9B
Total Equity $5.3B $5.5B $6.1B $9.0B $28.3B
Retained Earnings $4.5B $5.5B $6.7B $9.0B $10.3B
Cash Flow (Annual)
Last updated: Jun 27, 2026 3:04am (6h ago)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow $1.5B $1.7B $1.7B $1.4B $1.5B
Capital Expenditure -$95.7M -$139.1M -$191.8M -$123.2M -$169.5M
Free Cash Flow $1.4B $1.6B $1.5B $1.3B $1.3B
Acquisitions (net) -$296.0M -$422.4M -$297.7M -$156.9M -$15.9B
Debt Repayment
Dividends Paid
Stock Buybacks -$753.1M -$1.1B -$1.2B $0 $0
Net Change in Cash $197.2M -$15.3M $21.3M $2.5B -$1.0B
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 11:47pm (10h ago)
Metric 2026 2027 2028 2029
Revenue $9.7B
$9.7B – $9.8B
$10.7B
$10.4B – $10.9B
$12.0B
$12.0B – $12.0B
$13.2B
$12.9B – $13.4B
EBITDA $2.9B
$2.9B – $2.9B
$3.2B
$3.1B – $3.2B
$3.6B
$3.6B – $3.6B
$3.9B
$3.8B – $4.0B
Net Income $2.4B
$2.3B – $2.4B
$2.8B
$2.6B – $2.9B
$3.9B
$2.4B – $5.4B
$3.8B
$3.7B – $3.8B
EPS
Growth Trends (YoY %)
Last updated: Jun 27, 2026 3:04am (6h ago)
Metric 2022 2023 2024 2025
Revenue Growth +9.8% +15.2% +15.2% +15.1%
Gross Profit Growth +11.2% +15.3% +13.9% +11.2%
Operating Income Growth +56.3% +10.8% +6.5% -32.5%
Net Income Growth +30.0% +24.9% +84.0% -41.1%
EBITDA Growth +31.7% +16.6% +18.7% +35.5%
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for SNPS — it's generated by the pipeline (market-narrative step).
Community AI Feedback
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My Notes personal — only you see this
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30