SNPS Q3 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025

Earnings

Synopsys delivered a disappointing third quarter, missing on both the top and bottom lines as its landmark acquisition of Ansys reshaped nearly every corner of its financial statements. Non-GAAP EPS came in at $3.39, falling 9.48% short of the $3.75 … Read more Synopsys delivered a disappointing third quarter, missing on both the top and bottom lines as its landmark acquisition of Ansys reshaped nearly every corner of its financial statements. Non-GAAP EPS came in at $3.39, falling 9.48% short of the $3.75 consensus estimate, while revenue of $1.74 billion trailed expectations by 1.54%, though it still represented a solid 14.2% year-over-year gain. The primary culprit behind the earnings pressure was a sharp deterioration in the Design IP segment, where revenue declined to $427.60 million from $463.10 million a year ago and adjusted operating margin collapsed to 20.1% from 36.7%, tied in part to weakness with a major foundry customer. Meanwhile, the Ansys deal, which closed July 17, sent long-term debt soaring to $14.32 billion and interest expense jumping to $146.50 million for the quarter. The stock suffered one of its worst single-day selloffs on record following the results. Looking ahead, Synopsys guided Q4 revenue of $2.23–$2.26 billion with non-GAAP EPS of $2.76–$2.80, while cautioning that GAAP EPS will remain negative due to heavy Ansys-related amortization charges.