---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-145001"
form_type: "8-K"
ticker: "SNPS"
cik: "0000883241"
company_name: "SYNOPSYS INC"
filed_at: "2024-05-22T23:59:59+00:00"
generated_at: "2026-06-01T10:04:01.571475+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Synopsys Q2 revenue $1.455B (+15% YoY), non-GAAP EPS $3.00 (+26%); raises FY2024 targets

## Summary
- GAAP net income $299.1M ($1.92/diluted share); non-GAAP net income $466.9M ($3.00/diluted share), beating guidance.
- Revenue up ~15% YoY to $1.455B, at high end of guidance; Design Automation and Design IP segments drove growth.
- Full-year FY2024 revenue and non-GAAP EPS targets raised; Q3 guidance implies continued momentum.
- Ansys shareholder approved planned acquisition; Synopsys expects deal to close in H1 2025.
- Software Integrity business classified as discontinued operation following planned sale; results on continuing operations basis.

## SEC filing metadata
- accession: 0001193125-24-145001
- form_type: 8-K
- ticker: SNPS
- cik: 0000883241
- company_name: SYNOPSYS INC
- filed_at: 2024-05-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/883241/000119312524145001/0001193125-24-145001-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/883241/000119312524145001/d740550d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-145001
- JSON: https://secwatch.observer/filing/0001193125-24-145001.json
- Plain text: https://secwatch.observer/filing/0001193125-24-145001.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.