Synopsys Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.05B | $6.13B | $5.32B | $5.08B | $4.20B | $3.69B | $3.36B | $3.12B |
| Cost of Revenue | $1.62B | $1.25B | $1.03B | $898.0M | $861.8M | $794.7M | $752.9M | $735.9M |
| Gross Profit | $5.43B | $4.88B | $4.29B | $3.72B | $3.34B | $2.89B | $2.61B | $2.39B |
| Gross Margin | 77.0% | 79.7% | 80.6% | 73.2% | 79.5% | 78.4% | 77.6% | 76.4% |
| Operating Expenses | ||||||||
| Research & Development | $2.48B | $2.08B | $1.85B | $1.59B | $1.50B | $1.28B | $1.14B | $1.08B |
| SG&A Expense | $769.6M | $568.5M | $376.7M | $313.6M | $323.0M | $284.5M | $229.2M | $262.6M |
| Operating Income | $914.9M | $1.36B | $1.27B | $1.15B | $734.8M | $620.1M | $520.2M | $360.2M |
| Operating Margin | 13.0% | 22.1% | 23.9% | 22.6% | 17.5% | 16.8% | 15.5% | 11.5% |
| Interest Expense | — | — | $1.2M | $1.7M | $3.4M | $5.1M | $11.7M | $15.6M |
| Pretax Income | $1.39B | $1.51B | $1.31B | $1.10B | $805.5M | $638.2M | $545.5M | $363.5M |
| Income Tax Expense | $56.0M | $99.7M | $90.2M | $139.4M | $49.2M | $-25.3M | $13.1M | $-69.0M |
| Net Income | $1.33B | $2.26B | $1.23B | $984.6M | $757.5M | $664.3M | $532.4M | $432.5M |
| Net Margin | 18.9% | 36.9% | 23.1% | 19.4% | 18.0% | 18.0% | 15.8% | 13.9% |
| EPS (Basic) | $8.13 | $14.78 | $8.08 | $6.44 | $4.96 | $4.40 | $3.55 | $2.90 |
| EPS (Diluted) | $8.04 | $14.51 | $7.92 | $6.29 | $4.81 | $4.27 | $3.45 | $2.82 |
| Shares Outstanding (Basic) | 163.9M | 153.1M | 152.1M | 153.0M | 152.7M | 151.1M | 149.9M | 149.0M |
| Shares Outstanding (Diluted) | 165.7M | 155.9M | 155.2M | 156.5M | 157.3M | 155.7M | 154.2M | 153.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |