NASDAQ$SNPS

Synopsys Inc · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

Synopsys reported strong first quarter fiscal 2026 results with significant revenue growth and higher non-GAAP earnings, driven by strength in Design Automation.

Synopsys delivered revenue of 2408798000 and GAAP net income of 64958000 in Q1 2026, with non-GAAP EPS rising to 3.77. Growth was led by Design Automation, while operating income declined year over year due to higher amortization and restructuring charges.

  • Revenue increased to 2408798000 from 1455315000 year over year.
  • Non-GAAP EPS rose to 3.77 from 3.03 in the prior year quarter.
  • Design Automation revenue reached 2001800000, up significantly year over year.
  • Operating cash flow was 856832000 for the quarter.

Headline financials

Total Revenue

$2.41B

Previous: $1.46B+65.5%
EPS (adj)

$3.77

Previous: $3.03+24.4%
Capital Expenditures

-$35.3M

Previous: -$40.7M+13.3%
Free Cash Flow

$29.6M

No prior period
Net Income

$65M

Previous: $296M-78.0%
Operating Income

$203M

Previous: $252M-19.4%
Gross Profit

$1.77B

Previous: $1.19B+49.4%
Cash & Equivalents

$2.13B

No prior period
Total Assets

$47.2B

No prior period

Revenue & EPS history

Synopsys · Revenue · Quarterly

$2.41B

Q1 2026+65.5%vs Q1 2025
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

Synopsys · $1.47B total across 2 segments · Q4 2023

  • Design Automation
    $954M
  • Design IP
    $514M

Forward guidance

For Q2 FY2026, Synopsys guided revenue between 2225000000 and 2275000000 and non-GAAP EPS between 3.11 and 3.17, while reiterating full-year revenue guidance between 9560000000 and 9660000000.

Tailwinds

  • Q2 revenue guidance of 2225000000 to 2275000000.
  • Q2 non-GAAP EPS guidance of 3.11 to 3.17.
  • Full-year revenue guidance of 9560000000 to 9660000000.
  • Full-year non-GAAP EPS guidance of 14.38 to 14.46.
  • Expected operating cash flow of approximately 2200000000 for the full year.

Headwinds

  • Q2 GAAP EPS guidance of 0.23 to 0.43 reflects continued amortization and restructuring impacts.
  • Non-GAAP interest and other expense expected between -117000000 and -113000000 in Q2.
  • Full-year non-GAAP interest and other expense expected between -500000000 and -490000000.
  • Ongoing restructuring charges impacting GAAP results.
  • Guidance assumes no further changes to export control restrictions.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.4%

Avg return

Earnings day

-1.0%

Avg return

5 days after

-0.2%

Avg return

30 days after

59%

40 / 68 earnings

Positive

+10.6%

Q4 2022

Best reaction

-24.8%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q1 2026-1.6%-5.5%-15.3%
Q4 2025-1.8%-2.6%+10.4%
Q3 2025-24.8%-30.6%-27.4%
Q2 2025-1.5%+0.8%+8.7%
Q1 2025-3.3%-5.3%-6.9%
Q4 2024-9.6%-10.8%-13.4%
Q3 2024-1.6%-5.6%-9.0%
Q2 2024+2.6%+2.8%+5.9%
Q1 2024+6.0%+5.1%+8.4%
Q4 2023-0.1%-2.3%-5.3%
Q3 2023-2.9%-0.1%+3.5%
Q2 2023+9.2%+7.1%+17.6%
Q1 2023-4.3%-5.7%-0.9%
Q4 2022+10.6%+2.4%-1.4%
Q3 2022-3.2%-7.1%-18.5%
Q2 2022+6.3%+8.5%+4.7%
Q1 2022-4.2%-6.0%+3.9%
Q4 2021+2.5%+1.3%+8.1%
Q3 2021+8.4%+10.0%+11.6%
Q2 2021+4.1%+5.8%+13.1%
Q1 2021-6.8%-12.4%-21.6%
Q4 2020+1.9%+4.0%+12.7%
Q3 2020+7.5%+6.8%-1.1%
Q2 2020+4.0%+5.6%+13.8%
Q1 2020-4.8%-10.4%-32.5%
Q4 2019-2.5%-2.2%+4.8%
Q3 2019+7.0%+5.1%+4.4%
Q2 2019+1.1%+0.8%+11.3%
Q1 2019-0.4%+1.0%+8.3%
Q4 2018+1.9%-0.4%-6.2%
Q3 2018+7.2%+8.7%+5.6%
Q2 2018-0.8%-1.1%-1.3%
Q1 2018-6.0%-4.8%-8.2%
Q4 2017+0.6%-2.3%-5.1%
Q3 2017-1.9%-0.4%+2.0%
Q2 2017-5.6%-3.8%-1.8%
Q1 2017+7.3%+7.1%+8.0%
Q4 2016-7.1%-6.1%-3.8%
Q3 2016+4.7%+4.8%+3.8%
Q2 2016+2.0%
Q1 2016+2.4%
Q4 2015-7.8%
Q3 2015-6.5%
Q2 2015+1.6%
Q1 2015+4.0%
Q4 2014+3.5%
Q3 2014+6.8%
Q2 2014+1.9%
Q1 2014-2.4%
Q4 2013+2.0%
Q3 2013-0.5%
Q2 2013+0.6%
Q1 2013+3.3%
Q4 2012-0.9%
Q3 2012+4.9%
Q2 2012+6.5%
Q1 2012+0.4%
Q4 2011-0.9%
Q3 2011-3.5%
Q2 2011+1.6%
Q1 2010+1.9%
Q1 2011+3.5%
Q2 2010+0.4%
Q4 2008+0.4%
Q4 2010+0.4%
Q3 2010+1.1%
Q3 2009+1.1%
Q4 2009+1.1%

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