Form 10-Q · Quarterly report
Synopsys 10-Q, filed Aug 26, 2026
- Filed
- CIK
- 0000883241
- Accession no.
- 0000883241-26-000025
Summary
Synopsys reported third-quarter fiscal 2026 revenue of $2.48 billion, up 42% from a year earlier, and net income from continuing operations of $545.8 million ($2.84 per diluted share), with results including a full quarter of Ansys revenue following the July 2025 acquisition. For the nine months ended July 31, 2026, revenue rose 49% to $7.16 billion while operating income fell to $681.0 million from $793.5 million, weighed by $236.3 million in restructuring charges and higher amortization of Ansys-acquired intangibles.
Key points
- Third-quarter revenue growth included $622.2 million from Ansys for a full quarter versus a partial quarter in the prior-year period, with the remainder organic.
- Nine-month net income from continuing operations fell to $627.9 million from $887.4 million a year earlier.
- Synopsys said U.S. and Chinese export control restrictions, including BIS limits on electronic computer-aided design software, negatively affected its business in China including its Design IP segment.
- Management said tariffs imposed since 2025 have not had a material impact on results to date, while some customers in industrial, automotive and consumer electronics have postponed decisions and delayed payments.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management’s Discussion Overview Financial Performance Summary For the third quarter of fiscal 2026, our results reflect continued, strong execution and the resiliency of our business, including 42% revenue growth compared to the third quarter of fiscal 2025, due to broad-based strength across our business, led by electronic design automation (EDA), Design IP returning to year-over-year growth, and a strong quarter from Ansys. Results for the third quarter of fiscal 2026 reflected a full quarter of revenue from Ansys, compared to a partial quarter contribution in the prior year period following our acquisition of Ansys in July 2025. …
An excerpt of the text as filed with the SEC, cut for length.
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