Synopsys, Inc. (SNPS) financial statements (2022 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)

1/31/2022
TTM
10/31/2021
10/31/2020
10/31/2019
10/31/2018
10/31/2017
10/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,2721,5811,2367297231,0481,117
Cash and cash equivalents1,1241,4331,2367297231,048977
Short-term investments148148    141
Receivables1,039569781554554451439
Inventory, net of allowances, customer advances and progress billings213229192142122  
Inventory213229192142122  
Other undisclosed current assets424430341315144183161
Total current assets:2,9472,8082,5491,7391,5441,6831,717
Noncurrent Assets
Operating lease, right-of-use asset482493466 
Property, plant and equipment478472484430309266257
Intangible assets, net (including goodwill)3,8543,8553,6193,4513,5042,9612,785
Goodwill3,5933,5763,3653,1713,1432,7072,518
Intangible assets, net (excluding goodwill)261279254279360254267
Prepaid expense  8161382014
Deferred costs   250212198163
Deferred income tax assets629613498 
Other noncurrent assets512511406381247223186
Other undisclosed noncurrent assets   14019246119
Total noncurrent assets:5,9545,9445,4814,6664,6023,7143,523
TOTAL ASSETS:8,9018,7528,0306,4056,1465,3965,240
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities541695624506578500401
Accounts payable29273020852014
Accrued liabilities1478610169809766
Employee-related liabilities364582493417413383321
Deferred revenue1,8521,5181,388 
Debt 75271834410205
Deferred revenue and credits1,0651,086
Contract with customer, liability1,212 
Other undisclosed current liabilities79126101161,1804023
Total current liabilities:2,4722,4132,1401,7522,1021,6141,715
Noncurrent Liabilities
Long-term debt and lease obligation502512563120126134 
Long-term debt, excluding current maturities2425101120126134 
Operating lease, liability477487462 
Liabilities, other than long-term debt538528415444316369330
Deferred revenue and credits8380
Accounts payable and accrued liabilities 282530513340
Deferred revenue157136105 
Contract with customer, liability90 
Other liabilities380364285324266252211
Other undisclosed noncurrent liabilities    117  
Total noncurrent liabilities:1,0391,040978564559503330
Total liabilities:3,5113,4533,1182,3162,6612,1172,045
Stockholders' equity
Stockholders' equity attributable to parent5,3875,2954,9074,0833,4793,2763,195
Common stock2222122
Treasury stock, value(857)(783)(489)(626)(598)(426)(294)
Additional paid in capital1,4301,5761,6531,6351,6451,6221,645
Accumulated other comprehensive loss(51)(50)(54)(92)(113)(66)(105)
Retained earnings4,8634,5503,7953,1642,5442,1441,948
Stockholders' equity attributable to noncontrolling interest345664 
Total stockholders' equity:5,3905,2994,9124,0893,4853,2803,195
TOTAL LIABILITIES AND EQUITY:8,9018,7528,0306,4056,1465,3965,240

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

1/31/2022
TTM
10/31/2021
10/31/2020
10/31/2019
10/31/2018
10/31/2017
10/31/2016
Revenues4,5044,2043,6853,3613,1212,7252,423
Revenue, net2,7252,159
Cost of revenue(911)(862)(795)(753)(736)(654)(543)
Cost of goods and services sold(50)(48)(52)(60)(84)(654)(543)
Gross profit:3,5933,3422,8912,6082,3852,0711,880
Operating expenses(2,660)(2,608)(2,270)(2,088)(2,025)(1,723)(1,562)
Operating income:933735620520360348317
Nonoperating income2271182533612
Foreign currency transaction gain, before tax5564430
Other nonoperating income (expense)(3)(5)(7)(1)538
Interest and debt expense(3)(3)(5)(12)(16)(7)(4)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(1) 5121674
Income from continuing operations before equity method investments, income taxes:952802638546364383330
Other undisclosed income from continuing operations before income taxes43     
Income from continuing operations before income taxes:956806638546364383330
Income tax expense (benefit)(48)(49)25(13)69(247)(63)
Net income:908756663532433137267
Net income attributable to noncontrolling interest111    
Net income available to common stockholders, diluted:909758664532433137267

Comprehensive Income ($ in millions)

1/31/2022
TTM
10/31/2021
10/31/2020
10/31/2019
10/31/2018
10/31/2017
10/31/2016
Net income:908756663532433137267
Other comprehensive income (loss)(17)43821(47)391
Comprehensive income:891761702553385175268
Comprehensive income, net of tax, attributable to noncontrolling interest111    
Comprehensive income, net of tax, attributable to parent:892762703553385175268

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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