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)Annual | Quarterly
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 investments | 1,994 | 1,660 | 1,273 | 1,591 | 1,835 | 1,695 | |||
Cash and cash equivalents | 1,840 | 1,503 | 1,119 | 1,439 | 1,686 | 1,545 | |||
Short-term investments | 154 | 157 | 154 | 152 | 148 | 151 | |||
Restricted cash and investments | 2 | 2 | 1 | 2 | 1 | ||||
Receivables | 805 | 835 | 1,064 | 947 | 667 | 780 | |||
Inventory, net of allowances, customer advances and progress billings | 386 | 378 | 383 | 326 | 283 | 256 | |||
Inventory | 386 | 378 | 383 | 326 | 283 | 256 | |||
Disposal group, including discontinued operation | 1,028 | 1,020 | |||||||
Other undisclosed current assets | 913 | 759 | 686 | 566 | 483 | 429 | |||
Total current assets: | 5,128 | 4,653 | 3,408 | 3,431 | 3,268 | 3,161 | |||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 557 | 528 | 551 | 569 | 575 | 577 | |||
Property, plant and equipment | 571 | 567 | 567 | 557 | 536 | 546 | |||
Intangible assets, net (including goodwill) | 3,710 | 3,704 | 4,509 | 4,445 | 4,225 | 4,245 | |||
Goodwill | 3,444 | 3,427 | 4,131 | 4,070 | 3,888 | 3,888 | |||
Intangible assets, net (excluding goodwill) | 266 | 277 | 377 | 374 | 337 | 357 | |||
Deferred income tax assets | 1,103 | 1,005 | 954 | 861 | 814 | 774 | |||
Other noncurrent assets | 580 | 555 | 569 | 471 | 506 | 487 | |||
Total noncurrent assets: | 6,521 | 6,359 | 7,150 | 6,903 | 6,655 | 6,630 | |||
TOTAL ASSETS: | 11,649 | 11,012 | 10,558 | 10,333 | 9,923 | 9,791 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 757 | 636 | 699 | 1,124 | 905 | 702 | |||
Accounts payable | 79 | 92 | 77 | 156 | 67 | 84 | |||
Accrued liabilities | 678 | 544 | 623 | 968 | 839 | 617 | |||
Deferred revenue | 1,357 | 1,457 | 1,856 | 1,776 | 1,744 | 1,969 | |||
Disposal group, including discontinued operation | 331 | 331 | |||||||
Other undisclosed current liabilities | 90 | 85 | 89 | 86 | 80 | 78 | |||
Total current liabilities: | 2,535 | 2,508 | 2,645 | 2,985 | 2,730 | 2,749 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 16 | 17 | 17 | 18 | 18 | 20 | |||
Long-term debt, excluding current maturities | 16 | 17 | 17 | 18 | 18 | 20 | |||
Liabilities, other than long-term debt | 1,353 | 1,298 | 1,190 | 1,145 | 1,175 | 1,149 | |||
Deferred revenue | 319 | 308 | 190 | 175 | 195 | 191 | |||
Other liabilities | 465 | 447 | 437 | 386 | 390 | 366 | |||
Operating lease, liability | 568 | 543 | 564 | 584 | 591 | 592 | |||
Total noncurrent liabilities: | 1,368 | 1,315 | 1,207 | 1,163 | 1,193 | 1,169 | |||
Total liabilities: | 3,903 | 3,823 | 3,852 | 4,149 | 3,923 | 3,918 | |||
Temporary equity, carrying amount | 31 | 31 | 31 | 31 | 36 | 36 | |||
Equity | |||||||||
Equity, attributable to parent | 7,709 | 7,153 | 6,671 | 6,147 | 5,959 | 5,832 | |||
Common stock | 2 | 2 | 2 | 2 | 2 | 2 | |||
Treasury stock, value | (1,188) | (1,322) | (1,539) | (1,676) | (1,543) | (1,429) | |||
Additional paid in capital | 1,192 | 1,183 | 1,183 | 1,276 | 1,257 | 1,330 | |||
Accumulated other comprehensive loss | (180) | (188) | (163) | (196) | (147) | (146) | |||
Retained earnings | 7,884 | 7,478 | 7,189 | 6,742 | 6,390 | 6,075 | |||
Equity, attributable to noncontrolling interest | 5 | 5 | 5 | 6 | 5 | 5 | |||
Total equity: | 7,714 | 7,158 | 6,676 | 6,153 | 5,964 | 5,837 | |||
TOTAL LIABILITIES AND EQUITY: | 11,649 | 11,012 | 10,558 | 10,333 | 9,923 | 9,791 |
Income Statement (P&L) ($ in millions)Annual | Quarterly
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 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 1,526 | 1,455 | 1,649 | 1,599 | 1,487 | 1,395 | ||
Cost of revenue | (291) | (300) | (329) | (332) | (307) | (298) | ||
Cost of goods and services sold | (15) | (14) | (20) | (20) | (18) | (18) | ||
Gross profit: | 1,235 | 1,154 | 1,320 | 1,267 | 1,180 | 1,097 | ||
Operating expenses | (875) | (822) | (960) | (836) | (884) | (810) | ||
Operating income: | 360 | 332 | 360 | 431 | 295 | 287 | ||
Nonoperating income (expense) | 32 | 9 | 105 | (21) | 26 | 4 | ||
Gain (loss), foreign currency transaction, before tax | 0 | (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: | 380 | 335 | 464 | 409 | 321 | 291 | ||
Other undisclosed income from continuing operations before income taxes | 12 | 6 | 1 | 0 | 0 | 0 | ||
Income from continuing operations before income taxes: | 392 | 342 | 465 | 410 | 321 | 292 | ||
Income tax expense (benefit) | 31 | (45) | (19) | (63) | 12 | (22) | ||
Income from continuing operations: | 423 | 296 | 446 | 346 | 333 | 270 | ||
Income (loss) from discontinued operations | (18) | (7) | ||||||
Net income: | 405 | 289 | 446 | 346 | 333 | 270 | ||
Net income attributable to noncontrolling interest | 3 | 3 | 3 | 3 | 3 | 3 | ||
Net income available to common stockholders, diluted: | 408 | 292 | 449 | 349 | 336 | 273 |
Comprehensive Income ($ in millions)Annual | Quarterly
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: | 405 | 289 | 446 | 346 | 333 | 270 | ||
Other comprehensive income (loss) | 8 | (25) | 33 | (49) | (1) | (4) | ||
Comprehensive income: | 413 | 264 | 479 | 297 | 332 | 266 | ||
Comprehensive income, net of tax, attributable to noncontrolling interest | 3 | 3 | 3 | 3 | 3 | 3 | ||
Comprehensive income, net of tax, attributable to parent: | 416 | 267 | 482 | 300 | 335 | 269 |
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.