Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. The company offers Fusion Design Platform that provides digital design implementation solutions; Verification Continuum Platform that provides virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions. It also provides intellectual property (IP) solutions for USB, PCI Express, DDR, Ethernet, SATA, MIPI, HDMI, and Bluetooth low energy applications; analog IP, including data converters and audio codecs; and system-on-chip (SoC) infrastructure IP, datapath and building block IP, and verification IP products, as well as mathematical and floating-point components, and Arm AMBA interconnect fabric and peripherals. In addition, the company offers logic libraries and embedded memories; configurable processor cores and application-specific instruction-set processor tools for embedded applications; IP subsystems for audio, sensor, and data fusion functionality; and security IP solutions. Further, it provides Platform Architect solutions for SoC architecture analysis and optimization; virtual prototyping solutions; and HAPS FPGA-based prototyping systems, as well as a series of tools used in the design of optical systems and photonic devices. Additionally, the company offers security testing, managed services, programs and professional services, and training that enable its customers to detect and remediate security vulnerabilities, and defects in the software development lifecycle, as well as manufacturing solutions. It serves electronics, financial services, automotive, medicine, energy, and industrial areas. The company was incorporated in 1986 and is headquartered in Mountain View, California.

Synopsys, Inc.

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Income Statement	Apr '25	Oct '24	Apr '24	Oct '23	Apr '23	Oct '22
Total Revenues	3,059.6	3,161.7	2,965.7	2,821.8	2,496.2	2,066.2
Total Revenues %Chg	3.2%	12%	18.8%	36.6%	-2.1%	-6.5%
Time-Based Products
Upfront Products
Maintenance and Service
Cost of Sales	588.3	665.7	579.6	546.6	484.2	388.2
Products
Maintenance and Service
Amortization of Acquired Intangible Assets
Gross Profit	2,471.3	2,496	2,386.1	2,275.2	2,012	1,678
Gross Margin
Gross Profit Margin	80.8%	78.9%	80.5%	80.6%	80.6%	81.2%
Selling, General & Administrative Expenses	727.8	753.2	674.7	574.7	526.9	429.2
Sales and Marketing
General and Administrative
Depreciation & Amortization Expenses	8	8.1	8.1	5.4	3.9	-4.3
Amortization of Acquired Intangible Assets
Research & Development Expenses	1,107.2	1,063.7	1,018.7	950.3	899.7	815.9
Research and Development
Other Operating Expenses	—	—	—	20.5	32.6	-0.8
Restructuring Charges
Operating Profit	628.3	671	684.7	724.2	549	438
Operating Income
Operating Margin	20.5%	21.2%	23.1%	25.7%	22%	21.2%
Interest Expense	-105.5	8.8	-8.8	—	—	—
Interest Expense
Non-Operating Income	164.5	35.1	123.1	5.1	27.1	-1.6
Other Income, Net
Total Non-Operating Income	59	43.9	114.3	5.1	27.1	-1.6
Income Before Provision for Income Taxes	687.3	714.9	799	729.3	576.1	436.4
Income Before Income Taxes
Provision for Income Taxes	40.9	31.4	68.3	53.5	36.7	79.6
Provision for Income Taxes
Consolidated Net Income	646.4	683.5	730.6	675.9	539.4	964.1
Net Income from Continuing Operations
Net Income Attributable to Minority Interests and Other	-1.5	21.6	5.9	5.9	5.9	4.9
Less: Net Income (Loss) Attributed to Non-Controlling Interest and Redeemable Non-Controlling Interest
Net Income Attributable to Discontinued Operations	-3.9	817	4.7	3.7	-0.8	14.4
Income (Loss) from Discontinued Operations, Net of Income Taxes
Net Income Attributable to Common Shareholders	641	1,522.2	741.2	685.4	544.4	376.1
Net Income
Basic EPS	4.1	9.9	4.9	4.5	3.6	2.5
Diluted EPS	4.1	9.8	4.8	4.4	3.5	2.4
Basic Weighted Average Shares Outstanding	154.7	153.6	152.6	152	152.3	152.9
Total Shares Outstanding	155.1	154.1	151.8	152.1	151.6	152.4
Diluted Weighted Average Shares Outstanding	156.2	156.3	155.6	155.3	155	156.2
EBITDA	802.2	927	894.7	946.7	753.6	640
Effective Tax Rate	5.9%	4.4%	8.6%	7.3%	6.4%	18.2%