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Synopsys SNPS Time-based products — Total Revenue

Other product segments

Maintenance and service
$784.11M+196%
Upfront products
$546.25M+7.0%

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Other financials

Income statement

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Revenue$2.3B+41.9%
Gross profit$1.6B+28.0%
Operating income$120.4M-68.0%
Net income$17.1M-95.0%
EPS (diluted)$0.09-95.9%

Balance sheet

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Cash & equivalents$198.1M-98.6%
Total debt$10.8B+0.9%
Total equity$30.5B+207%
Total assets$46.9B+97.4%

Cash flow

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Operating cash flow$628.9M+128%
CapEx$54.2M-2.5%
Free cash flow$574.7M+162%

Valuation

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Market cap$76.75B-33.7%
Enterprise value$87.39B-31.9%
P/E99.3×+41.3×
P/S8.8×-9.2×

Profitability

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Gross margin73.5%-6.4pp
Operating margin7%-13.9pp
Net margin8.9%-25.9pp
FCF margin30.3%+13.2pp

Returns & leverage

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Return on equity3.8%-21.5pp
Debt / equity0.4×-0.7×
Current ratio1.4×-5.6×

Where this comes from

Reported directly by Synopsys in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Synopsys’s 10-Q, filed May 27, 2026.

Filed
May 27, 2026, 4:31 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000883241-26-000018
Line itemThree Months Ended April 30, 2026Three Months Ended April 30, 2025Six Months Ended April 30, 2026Six Months Ended April 30, 2025
Revenue:
Time-based products$945,624$828,326$1,897,165$1,656,564
Upfront products546,252510,6761,287,782878,800
Total products revenue1,491,8761,339,0023,184,9472,535,364
Maintenance and service784,109265,2641,499,836524,217
Total revenue2,275,9851,604,2664,684,7833,059,581
Cost of revenue:
Products232,897216,216475,299385,058

Item 1. Financial Statements

FAQ

What is Synopsys's time-based products — total revenue?
Synopsys (SNPS) reported time-based products — total revenue of $945.62M in Q1 2026.
How has Synopsys's time-based products — total revenue changed year-over-year?
Synopsys's time-based products — total revenue increased by 14.2% year-over-year, from $828.33M to $945.62M.
What is the long-term trend for Synopsys's time-based products — total revenue?
Over 4 years (2021 to 2025), Synopsys's time-based products — total revenue has grown at a 7.3% compound annual growth rate (CAGR), from $2.63B to $3.49B.
What does time-based products — total revenue mean?
This metric represents the total revenue generated from software licenses sold on a time-limited or subscription basis rather than perpetual licenses. It reflects the company's ability to capture recurring value from its intellectual property portfolio over specific contract durations. This revenue stream is a critical indicator of the shift toward ratable revenue recognition models within the electronic design automation and semiconductor IP industry.

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