Latest revenue
$2.28B
as of 2026-04-30
Latest net income
$17.1M
as of 2026-04-30
Net margin
0.8%
as of 2026-04-30
ActaClear Score
Computed from 5 years of SEC fundamentals + latest market data, ranked within Services-Prepackaged Software (227 peers). 10 = best in industry, 5 = median, 0 = worst. Refreshed Jun 6, 2026.
Fair value · DCF
DCF: 10-year forecast of free cash flow, discounted at the company's WACC, with a Gordon-growth terminal at year 10. FCF is proxied by last fiscal-year net income (proper FCF needs CFO − CapEx by year, which we don't store yet). Drag the slider to test your own growth thesis — the dominant assumption in any DCF is what comes next, not what the math does with it. Beta defaults to 1.0 when not reported.
Community sentiment
Where do you think SNPS is heading?
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $88.99B
- Enterprise value
- $96.62B
- P/E (trailing)
- 66.8×
- Forward P/E
- —
- P/B
- 2.92×
- Dividend yield
- 0.0%
- 52-wk high
- $651.73
- 52-wk low
- $376.18
- Beta
- —
- Shares out
- 191.5M
5-year trend
What this company does
Synopsys sells electronic design automation software, semiconductor IP, and simulation tools that chipmakers and system designers use to develop and verify integrated circuits. The company earns revenue mainly from time-based software licenses and, increasingly, maintenance and services, with total revenue jumping 65% year-over-year to $2.4 billion. Synopsys just absorbed Ansys, transforming its scale and cost base—evidenced by surging amortization, $118 million in restructuring charges, and a $2 billion equity issuance used to pay down $3.5 billion of acquisition debt.
Generated from SNPS's filing dated 2025-12-22
Key risks
- Massive Ansys-related amortization: $404M of acquired intangible amortization this quarter crushed operating income to $203M from $252M YoY despite revenue rising 65%.
- Leverage and interest burden: $10.0B long-term debt drove interest expense to $163M (vs $11M YoY); $3.45B debt repayment plus $2B equity placement signal balance-sheet strain.
- EPS collapse despite revenue surge: diluted EPS fell to $0.34 from $1.89 as share count jumped to 190.8M and $118M restructuring charges hit results.
Generated from SNPS's filing dated 2025-12-22
Profitability
Gross margin
77.0%
3.4%Operating margin
13.0%
41.4%Net margin
18.9%
48.9%Return on equity
4.7%
81.3%Return on assets
2.8%
84.0%Leverage
Debt / equity
0.70×
54.7%Long-term debt / equity
0.48×
27287.6%Debt / assets
41.3%
32.1%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q2 2026 2026-04-30 | $2.28B | +41.9% | $17.1M | -95.0% | 0.8% |
Q1 2026 2026-01-31 | $2.41B | +65.5% | $65.0M | -78.0% | 2.7% |
Q4 2025 2025-10-31 | $2.25B | +37.8% | $448.7M | -59.7% | 19.9% |
Q3 2025 2025-07-31 | $1.74B | +14.0% | $242.5M | -40.6% | 13.9% |
Q2 2025 2025-04-30 | $1.60B | +10.3% | $345.3M | +18.2% | 21.5% |
Q1 2025 2025-01-31 | $1.46B | -3.7% | $295.7M | -34.2% | 20.3% |
Q4 2024 2024-10-31 | $1.64B | — | $1.11B | — | 68.1% |
Q3 2024 2024-07-31 | $1.53B | +12.7% | $408.1M | +21.4% | 26.7% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Services-Prepackaged Software · SIC 7372
Your notes
Keep private notes on SNPS — thesis, target price, catalysts to watch.
Visible only to you. Never shared. Never used to train AI.
Insider activity
Insider buying
$148.9K
Insider selling
$23.0M
Net activity
−$22.8M
Distinct insiders
6
Open-market trades over the last 365 days.
Recent transactions
| Date | Insider | Type | Shares | Price | Value | |
|---|---|---|---|---|---|---|
| 2026-01-12 | Janet Lee GC & Corporate Secretary | Sale | 250 | $530.00 | $132.5K | |
| 2026-01-07 | Janet Lee GC & Corporate Secretary | Sale | 250 | $510.00 | $127.5K |
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns SNPS
Institutional value
$21.41B
Total shares held
55.2M
Distinct holders
731
As of
2026-03-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 12.4M | $4.93B | — | New |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 4.7M | $1.88B | — | New |
| 3 | UBS Group AG | 1.9M | $763.3M | — | New |
| 4 | Invesco Ltd. | 1.9M | $750.1M | — | New |
| 5 | Assenagon Asset Management S.A. | 1.8M | $697.9M | — | New |
| 6 | Mitsubishi UFJ Asset Management Co., Ltd. | 1.7M | $658.0M | — | New |
| 7 | Bank of New York Mellon Corp | 1.6M | $616.8M | — | New |
| 8 | PARNASSUS INVESTMENTS, LLC | 1.5M | $579.0M | — | New |
| 9 | Nuveen, LLC | 1.4M | $562.0M | — | New |
| 10 | Legal & General Group Plc | 1.2M | $470.8M | — | New |
| 11 | VANGUARD FIDUCIARY TRUST CO | 1.1M | $434.9M | — | New |
| 12 | Swedbank AB | 990.9K | $392.9M | — | New |
| 13 | Sumitomo Mitsui Trust Group, Inc. | 936.6K | $371.3M | — | New |
| 14 | DEUTSCHE BANK AG\ | 909.4K | $360.6M | — | New |
| 15 | Sustainable Growth Advisers, LP | 901.0K | $357.2M | — | New |
| 16 | PRIMECAP MANAGEMENT CO/CA/ | 822.4K | $326.1M | — | New |
| 17 | Vontobel Holding Ltd. | 676.3K | $268.1M | — | New |
| 18 | Swiss National Bank | 561.5K | $222.6M | — | New |
| 19 | Pictet Asset Management Holding SA | 494.6K | $196.1M | — | New |
| 20 | Employees Provident Fund Board | 494.3K | $196.0M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
Operating margin collapsed to 8.4% from 17.3% YoY despite 65% revenue growth—how much of the $404M acquired-intangible amortization and $118M restructuring is recurring versus one-time?
- 2
You raised $2B equity and repaid $3.45B debt this quarter, yet still carry $10B long-term debt post-Ansys—what's the targeted leverage ratio and timeline given $162M quarterly interest expense?
- 3
Upfront product revenue doubled to $742M while time-based grew only 15%—is this Ansys mix-shift sustainable, or are you pulling forward deals to mask EDA softness?
Refreshed when SNPS files a new report · last from 2025-12-22
Sign in to vote. Votes use 7-day half-life decay.
Sign in to tap. 7-day half-life decay.