SNPS Synopsys

Q1 2026 10-Q
Filed: Feb 25, 2026Period ending Jan 31, 2026
Information Technology
Services-Prepackaged SoftwareSEC EDGAR

Synopsys (SNPS) 10-Q quarterly report for Q1 2026, filed with SEC EDGAR on Feb 25, 2026 for the fiscal period ending Jan 31, 2026. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

AI Filing Analysis
Q1 2026 10-Q

Management Discussion & Analysis

  • Revenue $2.41B, up 66% YoY (+$953.5M); Ansys contributed $885.6M, organic growth offset by Design IP weakness
  • Operating margin 8.4% vs 17.3% YoY; net income collapsed to $65M from $295.7M; $394.1M intangible amortization from Ansys weighed heavily
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Risk Factors

  • ~$10.0B total debt as of Jan 31, 2026 from Ansys Merger (closed Jul 2025); Senior Notes covenants restrict M&A, liens, subsidiary debt
  • Shareholder securities class action filed 2025 alleging material misstatements re Design IP segment performance; outcome uncertain
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Quarterly Financial Summary
XBRL

Revenue

$2.4B

+65.5% YoY

Net Income

$65M

-78.0% YoY

Gross Margin

73.5%

-791bp YoY

Operating Margin

8.4%

-888bp YoY

Net Margin

2.7%

-1762bp YoY

ROE

0.2%

Total Assets

$47.2B

-2.0% QoQ

EPS (Diluted)

$0.34

-82.0% YoY

Operating Cash Flow

$857M

+1370.2% YoY

Source: XBRL data from Synopsys Q1 2026 10-Q filing on SEC EDGAR. All figures in USD.

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