Short answer
Synopsys (SNPS) filed its Q2 2026 10-Q quarterly report on May 27, 2026 for the quarter ended Apr 30, 2026. Quarterly revenue was $2.3B (up 41.9% year over year) with net income of $17M.
Q2 2026 key financials · XBRL
- Revenue
- $2.3B
- +41.9% YoY · −5.5% QoQ
- Net income
- $17M
- −95.0% YoY · −73.7% QoQ
- Operating margin
- 5.3%
- Gross margin
- 72.3%
- EPS (diluted)
- $0.09
- −95.9% YoY · −73.5% QoQ
Source: XBRL data from the Synopsys (SNPS) Q2 2026 10-Q on SEC EDGAR. USD.
Synopsys Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- No profitability figures or actual margin percentages provided
- Outlook: Ansys integration, Processor IP sale, AI commercialization, export controls, tariffs, and macroeconomic uncertainty crescenting risks
Risk Factors
- Newly emphasized macroeconomic risk: U.S. and global tariffs enacted beginning in 2025, alongside inflation and elevated interest rates
- Regulatory risk: BIS subpoenas concerning transactions with certain Chinese entities, amid expanding export controls
- Competitive risk: Design IP underperformance prompting resource reallocation toward higher-growth opportunities
- Market risk: Industrial, automotive, and consumer-electronics sectors showing more modest growth than AI and high-performance computing
- Currency risk: Roughly half of revenue generated outside the United States, with unhedged exchange-rate exposure affecting results
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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