Synopsys changes fiscal year-end to Oct 31; quarterly periods shift to calendar month-ends

SYNOPSYS INC

Board approved change from 52/53-week fiscal year ending Sat near Oct 31 to Oct 31 calendar date, effective FY2025.
FY2025 (Nov 3, 2024 – Oct 31, 2025) has 8 fewer days than the 53-week FY2024 (Oct 29, 2023 – Nov 2, 2024).
Quarterly reporting periods become Jan 31, Apr 30, Jul 31, Oct 31 starting FY2025.
No transition report filed; company relies on SEC Exchange Act Release No. 26589.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

SYNOPSYS INC: Changed fiscal year from a 52/53-week period ending on the Saturday nearest October 31 to a calendar-month period ending October 31, effective fiscal year 2025 (effective 2024-11-25).

Change: fiscal year change
Effective: 2024-11-25

Exact text from the filing

Synopsys’ Board of Directors approved changing Synopsys’ fiscal year from a 52/53-week period ending on the Saturday nearest to October 31 of each year to October 31 of each year.

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Source: SEC EDGAR

accession 0001193125-24-265197

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