Feed / SNPS

Synopsys, Inc.

SNPS

Technology · 397.46 +0.1% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

Synopsys, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 2 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 8 directly disclosed connections are confirming.

Company+0.1% todayVolume comparison unavailable
Market group0 of 2 activeElectronic Design Automation · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
  • Employee-related costs rose as Ansys moved from a partial-period to a full-period contribution, with headcount reductions from the 2026 Plan partly offsetting the increase.
  • Upfront products revenue increased 40% over nine months, but Synopsys says timing and customer requirements can move this revenue between periods.

Invalidation: The isolated read changes if SNPS's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Technology · Software - Infrastructure

No new filing conclusion is available. 0 of 2 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 8 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • Employee-related costs rose as Ansys moved from a partial-period to a full-period contribution, with headcount reductions from the 2026 Plan partly offsetting the increase.
  • Upfront products revenue increased 40% over nine months, but Synopsys says timing and customer requirements can move this revenue between periods.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations602
Usable filing statements193
Verified relationships10
Evidence supporting the case
  • Latest annual revenue changed +15.1% year over year.
  • Operating cash flow covered net income at 1.14x in the latest annual period.
  • Macroeconomic conditions has repeated favorable evidence across 4 filings.
  • Tariffs and trade policy has repeated favorable evidence across 4 filings.
Evidence challenging the case
  • Operating margin changed -9.2 percentage points in the latest annual period.
  • Net margin changed -18.1 percentage points in the latest annual period.
  • Diluted shares increased 6.2% in the latest annual period.
  • Demand and volume has repeated adverse evidence across 5 filings.
  • Product pipeline and R&D has repeated adverse evidence across 5 filings.
Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 11, 2026

397.46
6m-5.1%12m+2.5%24m-14.4%
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-10-31$4.2B+14.1%$4.81+1.0%
2022-10-31$4.6B+9.8%$6.29-0.5%
2023-10-31$5.3B+15.2%$7.92-0.8%
2024-10-31$6.1B+15.2%$14.51+0.5%
2025-10-31$7.1B+15.1%$8.04+6.2%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesnegative · 5 filings
The increase in interest expense for the nine months ended July 31, 2026 compared to the same period in fiscal 2025 was primarily due to interest on the Senior Notes issued in the second quarter of fiscal 2025 and the borrowing under the Term Loan Agreement i…
10-Q · Aug 26, 2026
Demand and volumemixed · 5 filings
Upfront Products Revenue July 31, 2026 2025 $ Change % Change (dollars in millions) Three months ended $ 665.2 $ 516.4 $ 148.8 29 % Percentage of total revenue 27 % 30 % Nine months ended $ 1,953.0 $ 1,395.2 $ 557.8 40 % Percentage of total revenue 27 % 29 %…
10-Q · Aug 26, 2026
Product pipeline and R&Dnegative · 5 filings
The increase in research and development expenses for the nine months ended July 31, 2026 compared to the same period in fiscal 2025 was primarily due to increases of $334.4 million in employee-related costs from Ansys for the full period in fiscal 2026 versu…
10-Q · Aug 26, 2026
Macroeconomic conditionspositive · 4 filings
We expect growth across most geographies in fiscal 2026; however, we are expecting a challenging near-term environment, including in China, due to macroeconomic factors and Trade Restrictions (as defined below).
10-Q · May 27, 2026

Valuation discipline

Peer-relative valuation withheld

Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

397.46+0.1% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for SNPS. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for SNPS. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind SNPS

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

NVDANVIDIA CorporationcustomerFeb 25, 2026

Cash Used in Financing Activities The increase in net cash used in financing activities for the three months ended January 31, 2026 compared to the same period in fiscal 2025 was primarily due to the repayment of the remaining $3.5 billion of the Term Loans,…

KEYSKeysight Technologies, Inc.partnerDec 22, 2025

Synopsys' Optical Solutions Group was sold to Keysight Technologies, Inc.

Depended on by

SVCOSilvaco Group, Inc.competitorMar 12, 2026

Competition We compete most frequently with Synopsys, Inc., Siemens EDA, and Cadence, Inc.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 5 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

SNPS is currently a Early Follower in the organic co-movement group Electronic Design Automation. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.