{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-285209","form_type":"8-K","ticker":"SNPS","cik":"0000883241","company_name":"SYNOPSYS INC","filed_at":"2023-11-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.238217+00:00","generated_at":"2026-06-07T20:40:07.144618+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Synopsys Q4 revenue $1.599B (+25% YoY), non-GAAP EPS $3.17 beats guidance","bullets":["Record quarterly revenue of $1.599B, up ~25% YoY; FY revenue $5.843B, up ~15% YoY.","GAAP diluted EPS $2.26 (Q4)/$7.92 (FY); non-GAAP EPS $3.17 (Q4)/$11.19 (FY), beat high end of guidance.","Backlog grew to $8.6B; Design Automation, Design IP, Software Integrity segments all contributed.","FY2024 guidance: expects double-digit revenue growth; non-GAAP tax rate set at 15%.","Sassine Ghazi to become CEO; Aart de Geus remains chairman."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-285209","json":"https://secwatch.observer/filing/0001193125-23-285209.json","markdown":"https://secwatch.observer/filing/0001193125-23-285209.md","text":"https://secwatch.observer/filing/0001193125-23-285209.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/883241/000119312523285209/0001193125-23-285209-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/883241/000119312523285209/d613884d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T20:40:07.144618+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1c08a0d28fc34ebf366049b55911fb2f2eca9f70","claim":"SYNOPSYS INC reported fourth quarter of fiscal year 2023 results: revenue record quarterly revenue of $1.599 billion, up approximately 25% year over year, net income GAAP net income for the fourth quarter of fiscal year 2023 was $349.2 million, or $2.26 per diluted share, EPS quarterly GAAP earnings per diluted share of $2.26; non-GAAP earnings per diluted share of $3.17.","evidence_excerpt":"Synopsys Posts Financial Results for Fourth Quarter and Fiscal Year 2023 Results Summary • Record quarterly revenue of $1.599 billion, up approximately 25% year over year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/883241/000119312523285209/0001193125-23-285209-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter of fiscal year 2023"},{"label":"Revenue","value":"record quarterly revenue of $1.599 billion, up approximately 25% year over year"},{"label":"Net income","value":"GAAP net income for the fourth quarter of fiscal year 2023 was $349.2 million, or $2.26 per diluted share"},{"label":"EPS","value":"quarterly GAAP earnings per diluted share of $2.26; non-GAAP earnings per diluted share of $3.17"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"38ace56daced92127afd794a40e603b1bd627c34","claim":"SYNOPSYS INC reported fiscal year 2023 results: revenue Record fiscal-year revenue of $5.843 billion, up approximately 15% year over year., net income GAAP net income for fiscal year 2023 was $1.230 billion, or $7.92 per diluted share, EPS Fiscal year GAAP earnings per diluted share of $7.92; non-GAAP earnings per diluted share of $11.19.","evidence_excerpt":"Record fiscal-year revenue of $5.843 billion, up approximately 15% year over year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/883241/000119312523285209/0001193125-23-285209-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year 2023"},{"label":"Revenue","value":"Record fiscal-year revenue of $5.843 billion, up approximately 15% year over year."},{"label":"Net income","value":"GAAP net income for fiscal year 2023 was $1.230 billion, or $7.92 per diluted share"},{"label":"EPS","value":"Fiscal year GAAP earnings per diluted share of $7.92; non-GAAP earnings per diluted share of $11.19"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}