secwatch.observer — SEC 8-K summary
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Issuer:     SYNOPSYS INC (SNPS)
CIK:        0000883241
Form:       8-K
Filed at:   2026-02-25T23:59:59+00:00
Accession:  0001193125-26-071601
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synopsys Q1 FY2026 revenue $2.409B, non-GAAP EPS $3.77; board authorizes $2B buyback
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- Revenue $2.409B (high-end of guidance); GAAP EPS $0.34, non-GAAP EPS $3.77 above guidance.
- Non-GAAP net income $718.5M vs $473.2M YoY; GAAP net income $65M vs $295.7M YoY.
- FY2026 revenue guidance reiterated at $9.61B midpoint, including ~$2.9B from acquired Ansys.
- Board replenished stock repurchase program with authorization for up to $2.0B of common stock.
- Segments: Design Automation and Design IP; operating income details in press release.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/883241/000119312526071601/0001193125-26-071601-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/883241/000119312526071601/d921168d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-071601

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer