Revenue Growth Driven by Increased Demand
SNPS experienced a 41.9% increase in revenue year-over-year, primarily driven by heightened demand for its products and services.
SYNOPSYS INC is expected to release its Q3 2026 10-Q filing on August 19, 2026. Last quarter: SNPS reported strong revenue growth in Q2 FY2026, but faced significant declines in net income and margins due to increased costs and expenses.
EPS Estimate
$3.74
Revenue Estimate
$2.49B
Analyst consensus from Finnhub. Actual results posted within minutes of the SEC filing on the SNPS page.
Drawn from management commentary in the Q2 2026 10-Q:
SNPS experienced a 41.9% increase in revenue year-over-year, primarily driven by heightened demand for its products and services.
The cost of revenue nearly doubled, increasing by 97.9%, which significantly impacted the gross margin, reducing it by 7.8 percentage points.
R&D expenses rose by 26.4% as the company continues to invest in innovation and product development.
Revenue
$2.28B
++41.87% YoY
EPS (Basic)
$0.09
-95.96% YoY
Gross Margin
72.3%
-7.83% YoY
Operating Income
$120.43M
-68.01% YoY
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