Synopsys Inc. (SNPS) Financial Statements (2025 and earlier)

Company Profile

Business Address 675 ALMANOR AVE
SUNNYVALE, CA 94085
State of Incorp. DE
Fiscal Year End October 31
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

10/31/2024
Q4
7/31/2024
Q3
4/30/2024
Q2
1/31/2024
Q1
10/31/2023
Q4
7/31/2023
Q3
4/30/2023
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,9941,6601,2731,5911,8351,695
Cash and cash equivalents1,8401,5031,1191,4391,6861,545
Short-term investments154157154152148151
Restricted cash and investments22121 
Receivables8058351,064947667780
Inventory, net of allowances, customer advances and progress billings386378383326283256
Inventory386378383326283256
Disposal group, including discontinued operation 1,0281,020    
Other undisclosed current assets913759686566483429
Total current assets:5,1284,6533,4083,4313,2683,161
Noncurrent Assets
Operating lease, right-of-use asset557528551569575577
Property, plant and equipment571567567557536546
Intangible assets, net (including goodwill)3,7103,7044,5094,4454,2254,245
Goodwill3,4443,4274,1314,0703,8883,888
Intangible assets, net (excluding goodwill)266277377374337357
Deferred income tax assets1,1031,005954861814774
Other noncurrent assets580555569471506487
Total noncurrent assets:6,5216,3597,1506,9036,6556,630
TOTAL ASSETS:11,64911,01210,55810,3339,9239,791
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities7576366991,124905702
Accounts payable7992771566784
Accrued liabilities678544623968839617
Deferred revenue1,3571,4571,8561,7761,7441,969
Disposal group, including discontinued operation 331331    
Other undisclosed current liabilities908589868078
Total current liabilities:2,5352,5082,6452,9852,7302,749
Noncurrent Liabilities
Long-term debt and lease obligation161717181820
Long-term debt, excluding current maturities161717181820
Liabilities, other than long-term debt1,3531,2981,1901,1451,1751,149
Deferred revenue319308190175195191
Other liabilities465447437386390366
Operating lease, liability568543564584591592
Total noncurrent liabilities:1,3681,3151,2071,1631,1931,169
Total liabilities:3,9033,8233,8524,1493,9233,918
Temporary equity, carrying amount313131313636
Equity
Equity, attributable to parent7,7097,1536,6716,1475,9595,832
Common stock222222
Treasury stock, value(1,188)(1,322)(1,539)(1,676)(1,543)(1,429)
Additional paid in capital1,1921,1831,1831,2761,2571,330
Accumulated other comprehensive loss(180)(188)(163)(196)(147)(146)
Retained earnings7,8847,4787,1896,7426,3906,075
Equity, attributable to noncontrolling interest555655
Total equity:7,7147,1586,6766,1535,9645,837
TOTAL LIABILITIES AND EQUITY:11,64911,01210,55810,3339,9239,791

Income Statement (P&L) ($ in millions)

10/31/2024
Q4
7/31/2024
Q3
4/30/2024
Q2
1/31/2024
Q1
10/31/2023
Q4
7/31/2023
Q3
4/30/2023
Q2
Revenues1,5261,4551,6491,5991,4871,395
Cost of revenue(291)(300)(329)(332)(307)(298)
Cost of goods and services sold(15)(14)(20)(20)(18)(18)
Gross profit:1,2351,1541,3201,2671,1801,097
Operating expenses(875)(822)(960)(836)(884)(810)
Operating income:360332360431295287
Nonoperating income (expense)329105(21)264
Gain (loss), foreign currency transaction, before tax0(0)3(2)0(2)
Other nonoperating income (expense)2(7)(5)(4)(8)(4)
Interest and debt expense(12)(6)(1)(0)(0)(0)
Income from continuing operations before equity method investments, income taxes:380335464409321291
Other undisclosed income from continuing operations before income taxes1261000
Income from continuing operations before income taxes:392342465410321292
Income tax expense (benefit)31(45)(19)(63)12(22)
Income from continuing operations:423296446346333270
Income (loss) from discontinued operations(18)(7)    
Net income:405289446346333270
Net income attributable to noncontrolling interest333333
Net income available to common stockholders, diluted:408292449349336273

Comprehensive Income ($ in millions)

10/31/2024
Q4
7/31/2024
Q3
4/30/2024
Q2
1/31/2024
Q1
10/31/2023
Q4
7/31/2023
Q3
4/30/2023
Q2
Net income:405289446346333270
Other comprehensive income (loss)8(25)33(49)(1)(4)
Comprehensive income:413264479297332266
Comprehensive income, net of tax, attributable to noncontrolling interest333333
Comprehensive income, net of tax, attributable to parent:416267482300335269

Statements Sources

The financial statements are based on the Company's filings with 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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