8-K filed November 30, 2022, 6:59 PM ET ticker SNPS CIK 0000883241

earnings confidence high sentiment positive materiality 0.80

Synopsys reports record FY2022 revenue $5.082B (+20.9% YoY); guides FY2023 14-15% growth

SYNOPSYS INC

2022-FY EPS reported $6.29 revenue$5,081,542,000

Q4 revenue $1.284B (+11.5% YoY); full-year revenue $5.082B, up 20.9% from $4.204B in FY2021.
Q4 GAAP EPS $0.99, non-GAAP EPS $1.91; full-year GAAP EPS $6.29, non-GAAP EPS $8.90.
Cash flow from operations $1.739B; cash and short-term investments $1.566B.
FY2023 targets: revenue growth 14-15%, non-GAAP operating margin expansion, non-GAAP EPS growth ~16%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SYNOPSYS INC reported FY2022 GAAP results: net income $984.6 million, EPS $6.29.

Period: FY2022 GAAP
Net income: $984.6 million
EPS: $6.29
Result: reported results

Exact text from the filing

GAAP net income for fiscal year 2022 was $984.6 million, or $6.29 per diluted share, compared to $757.5 million, or $4.81 per diluted share, for fiscal year 2021.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SYNOPSYS INC reported Q4 FY2022 GAAP results: net income $153.5 million, EPS $0.99.

Period: Q4 FY2022 GAAP
Net income: $153.5 million
EPS: $0.99
Result: reported results

Exact text from the filing

On a generally accepted accounting principles (GAAP) basis, net income for the fourth quarter of fiscal year 2022 was $153.5 million, or $0.99 per diluted share, compared to $201.4 million, or $1.28 per diluted share, for the fourth quarter of fiscal year 2021.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SYNOPSYS INC reported Q4 FY2022 Non-GAAP results: net income $297.7 million, EPS $1.91.

Period: Q4 FY2022 Non-GAAP
Net income: $297.7 million
EPS: $1.91
Result: reported results

Exact text from the filing

On a non-GAAP basis, net income for the fourth quarter of fiscal year 2022 was $297.7 million, or $1.91 per diluted share, compared to non-GAAP net income of $285.8 million, or $1.82 per diluted share, for the fourth quarter of fiscal year 2021.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.85

SYNOPSYS INC reported FY2023 results: revenue 14-15% revenue growth, EPS approximately 16% non-GAAP earnings per share growth. Guidance initiated.

Period: FY2023
Revenue: 14-15% revenue growth
EPS: approximately 16% non-GAAP earnings per share growth
Guidance: initiated
Result: guidance update

Exact text from the filing

For fiscal year 2023, we are targeting 14-15% revenue growth, continued non-GAAP operating margin expansion, and approximately 16% non-GAAP earnings per share growth.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SYNOPSYS INC reported Q4 FY2022 results: revenue $1.284 billion.

Period: Q4 FY2022
Revenue: $1.284 billion
Result: reported results

Exact text from the filing

Revenue for the fourth quarter of fiscal year 2022 was $1.284 billion, compared to $1.152 billion for the fourth quarter of fiscal year 2021.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SYNOPSYS INC reported FY2022 results: revenue $5.082 billion.

Period: FY2022
Revenue: $5.082 billion
Result: reported results

Exact text from the filing

Revenue for fiscal year 2022 was $5.082 billion, an increase of 20.9 percent from $4.204 billion in fiscal year 2021.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SYNOPSYS INC reported FY2022 Non-GAAP results: net income $1.393 billion, EPS $8.90.

Period: FY2022 Non-GAAP
Net income: $1.393 billion
EPS: $8.90
Result: reported results

Exact text from the filing

Non-GAAP net income for fiscal year 2022 was $1.393 billion, or $8.90 per diluted share, compared to non-GAAP net income of $1.077 billion, or $6.84 per diluted share, for fiscal year 2021.

View on SEC.gov

20 earnings releases filed in the last 30 days. Browse all earnings releases →

SYNOPSYS INC filing history →

Source: SEC EDGAR

accession 0001193125-22-295428

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.