other
confidence high
sentiment neutral
materiality 0.30
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.