earnings
confidence high
sentiment positive
materiality 0.85
Synopsys Q2 revenue $2.276B beats guidance; raises FY rev to $9.665B midpoint
SYNOPSYS INC
- Q2 revenue $2.276B (above prior guidance), up 42% YoY; non-GAAP EPS $3.35, GAAP EPS $0.09.
- Raising FY2026 revenue guidance to ~$9.665B at midpoint on strong execution and Ansys accounting impact.
- Raising FY2026 non-GAAP EPS guidance to $14.76 at midpoint on expanded operating margin and cost discipline.
- Impending close of Processor IP Solutions business partly offsets revenue guidance; terms not disclosed.
- Synopsys plans Investor Day on Sept 30, 2026 to detail long-term financial targets and strategy.