Synopsys, Inc. (SNPS) financial statements (2021 and earlier)

Company profile

Business Address 690 E MIDDLEFIELD RD
MOUNTAIN VIEW, CA 94043
State of Incorp. DE
Fiscal Year End October 31
SIC 7372 - Prepackaged Software (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)
Annual | Quarterly

1/31/2021
TTM
10/31/2020
10/31/2019
10/31/2018
10/31/2017
10/31/2016
10/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,0231,2367297231,0481,117965
Cash and cash equivalents1,0231,2367297231,048977836
Short-term investments     141129
Receivables789781554554451439386
Inventory, net of allowances, customer advances and progress billings231192142122   
Inventory231192142122   
Other undisclosed current assets354341315144183161213
Total current assets:2,3982,5491,7391,5441,6831,7171,564
Noncurrent Assets
Operating lease, right-of-use asset462466 ✕✕✕✕
Property, plant and equipment487484430309266257263
Intangible assets, net (including goodwill)3,6873,6193,4513,5042,9612,7852,835
Goodwill3,4333,3653,1713,1432,7072,5182,471
Intangible assets, net (excluding goodwill)254254279360254267364
Prepaid expense8816138201419
Deferred costs  250212198163158
Deferred income tax assets523498 ✕✕✕✕
Other noncurrent assets448406381247223186186
Other undisclosed noncurrent assets  1401924611920
Total noncurrent assets:5,6155,4814,6664,6023,7143,5233,482
TOTAL ASSETS:8,0138,0306,4056,1465,3965,2405,046
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:423624506578500401386
Accounts payable25302085201410
Accrued liabilities861016980976661
Employee-related liabilities312493417413383321315
Taxes payable      20
Other undisclosed accounts payable and accrued liabilities      (20)
Deferred revenue1,5461,388 ✕✕✕✕
Debt97271834410205205
Deferred revenue and credits✕✕✕✕1,0651,086968
Contract with customer, liability✕✕1,212 ✕✕✕
Other undisclosed current liabilities105101161,180402320
Total current liabilities:2,1712,1401,7522,1021,6141,7151,578
Noncurrent Liabilities
Long-term debt and lease obligation486563120126134  
Long-term debt, excluding current maturities26101120126134  
Operating lease, liability460462 ✕✕✕✕
Liabilities, other than long-term debt469415444316369330492
Deferred revenue and credits✕✕✕✕838094
Accounts payable and accrued liabilities25253051334038
Deferred revenue107105 ✕✕✕✕
Contract with customer, liability✕✕90 ✕✕✕
Deferred compensation liability, classified      158
Other liabilities337285324266252211202
Other undisclosed noncurrent liabilities   117  (158)
Total noncurrent liabilities:955978564559503330333
Total liabilities:3,1263,1182,3162,6612,1172,0451,912
Stockholders' equity
Stockholders' equity attributable to parent4,8824,9074,0833,4793,2763,1953,134
Common stock2221222
Treasury stock, value(628)(489)(626)(598)(426)(294)(98)
Additional paid in capital1,5891,6531,6351,6451,6221,6451,610
Accumulated other comprehensive loss(35)(54)(92)(113)(66)(105)(105)
Retained earnings3,9553,7953,1642,5442,1441,9481,726
Stockholders' equity attributable to noncontrolling interest55664  
Total stockholders' equity:4,8874,9124,0893,4853,2803,1953,134
TOTAL LIABILITIES AND EQUITY:8,0138,0306,4056,1465,3965,2405,046

Income statement (P&L) ($ in millions)
Annual | Quarterly

1/31/2021
TTM
10/31/2020
10/31/2019
10/31/2018
10/31/2017
10/31/2016
10/31/2015
Revenues3,8213,6853,3613,1212,7252,4232,242
Revenue, net✕✕✕✕2,7252,1591,990
Cost of revenue(810)(795)(753)(736)(654)(543)(519)
Cost of goods and services sold(51)(52)(60)(84)(654)(543)(551)
Gross profit:3,0112,8912,6082,3852,0711,8801,723
Operating expenses(2,330)(2,270)(2,088)(2,025)(1,723)(1,562)(1,457)
Other operating income, net      4
Other undisclosed operating loss      (4)
Operating income:681620520360348317266
Nonoperating income3518253361215
Foreign currency transaction gain, before tax5644306
Other nonoperating income (expense)(8)(7)(1)5385
Interest and debt expense(4)(5)(12)(16)(7)(4)(3)
Other undisclosed income from continuing operations before equity method investments, income taxes451216743
Income from continuing operations before income taxes:716638546364383330282
Income tax expense (benefit)625(13)69(247)(63)(56)
Net income:721663532433137267226
Net income attributable to noncontrolling interest01     
Other undisclosed net income attributable to parent1      
Net income available to common stockholders, diluted:723664532433137267226

Comprehensive Income ($ in millions)
Annual | Quarterly

1/31/2021
TTM
10/31/2020
10/31/2019
10/31/2018
10/31/2017
10/31/2016
10/31/2015
Net income:721663532433137267226
Other comprehensive income (loss)493821(47)391(43)
Comprehensive income:770702553385175268183
Comprehensive income, net of tax, attributable to noncontrolling interest01     
Other undisclosed comprehensive income, net of tax, attributable to parent1      
Comprehensive income, net of tax, attributable to parent:771703553385175268183

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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