Quarterly ResultMay 27, 2026, 04:37 PM
Synopsys Q2 Revenue +41.9% to $2.28B; Net Income $17.1M
AI Summary
Synopsys reported a significant increase in Q2 revenue, up 41.9% to $2.28 billion, largely driven by the acquisition of Ansys in July 2025. However, net income attributed to Synopsys plummeted 95.1% to $17.1 million, and diluted EPS fell to $0.09, primarily due to substantial amortization of acquired intangible assets, increased interest expense, and restructuring charges related to the Ansys integration. The company also announced the planned divestiture of its Processor IP Solutions business to GlobalFoundries Inc. as part of a strategic reallocation of resources.
Key Highlights
- Q2 Revenue increased 41.9% to $2.28 billion from $1.60 billion year-over-year.
- Q2 Net income attributed to Synopsys decreased 95.1% to $17.1 million.
- Q2 Diluted EPS decreased 95.9% to $0.09 from $2.21 year-over-year.
- Ansys acquisition completed on July 17, 2025, for approximately $34.9 billion.
- Sale of Processor IP Solutions business to GlobalFoundries Inc. announced January 14, 2026.
- Net cash provided by operating activities (six months) rose to $1.49 billion from $207.9 million.
- Long-term debt decreased to $10.01 billion from $13.46 billion since October 2025.
- Restructuring charges of $115.9 million incurred in Q2 2026.
Price Impact
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