Synopsys, Inc.

SNPS

Financial Statements

Income Statement (Annual)

Amounts in millions

2025

10/31/2025

Revenue

7,054

Cost of Revenue

1,816

Gross Profit

5,238

Gross Margin

74.3%

Operating Income

915

Operating Margin

13.0%

Net Income

1,337

Net Margin

19.0%

EPS (Basic)

$8.13

EPS (Diluted)

$8.04

EBITDA

2,618

EBITDA Margin

37.1%

2024

10/31/2024

Revenue

6,127

Cost of Revenue

1,245

Gross Profit

4,882

Gross Margin

79.7%

Operating Income

1,356

Operating Margin

22.1%

Net Income

2,263

Net Margin

36.9%

EPS (Basic)

$14.78

EPS (Diluted)

$14.51

EBITDA

1,941

EBITDA Margin

31.7%

2023

10/31/2023

Revenue

5,328

Cost of Revenue

1,233

Gross Profit

4,095

Gross Margin

76.9%

Operating Income

1,365

Operating Margin

25.6%

Net Income

1,230

Net Margin

23.1%

EPS (Basic)

$8.08

EPS (Diluted)

$7.92

EBITDA

1,651

EBITDA Margin

31.0%

2022

10/31/2022

Revenue

4,616

Cost of Revenue

898

Gross Profit

3,718

Gross Margin

80.5%

Operating Income

1,149

Operating Margin

24.9%

Net Income

985

Net Margin

21.3%

EPS (Basic)

$6.44

EPS (Diluted)

$6.29

EBITDA

1,334

EBITDA Margin

28.9%

2021

10/31/2021

Revenue

4,200

Cost of Revenue

896

Gross Profit

3,304

Gross Margin

78.7%

Operating Income

754

Operating Margin

17.9%

Net Income

758

Net Margin

18.0%

EPS (Basic)

$4.96

EPS (Diluted)

$4.81

EBITDA

1,101

EBITDA Margin

26.2%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2025	2024	2023	2022	2021
Revenue	7,054	6,127	5,328	4,616	4,200
Cost of Revenue	1,816	1,245	1,233	898	896
Gross Profit	5,238	4,882	4,095	3,718	3,304
Gross Margin	74.3%	79.7%	76.9%	80.5%	78.7%
Operating Income	915	1,356	1,365	1,149	754
Operating Margin	13.0%	22.1%	25.6%	24.9%	17.9%
Net Income	1,337	2,263	1,230	985	758
Net Margin	19.0%	36.9%	23.1%	21.3%	18.0%
EPS (Basic)	$8.13	$14.78	$8.08	$6.44	$4.96
EPS (Diluted)	$8.04	$14.51	$7.92	$6.29	$4.81
EBITDA	2,618	1,941	1,651	1,334	1,101
EBITDA Margin	37.1%	31.7%	31.0%	28.9%	26.2%