Loading
Sentiment · FY2026 Q3
As of FY2026 Q2, the Tellvest earnings-call sentiment score for Synopsys (SNPS) is 7/10.
Synopsys delivered Q2 revenue of $2.276B including approximately $652M from Ansys, with organic ex-Ansys growth of approximately 3-4% driven by AI-related chip design activity and hardware-assisted verification demand. Non-GAAP operating margin reached 39.5% and non-GAAP EPS of $3.35 both exceeded guidance, reflecting disciplined cost synergy execution from the Ansys integration. Management raised full-year FY2026 guidance across all metrics, including non-GAAP EPS up $0.34 to $14.76 midpoint, operating margin up 50bps to 41%, and free cash flow up $100M to approximately $2B. The Design IP segment showed sequential recovery of 12% from its Q1 trough, with management signaling new higher-value business models with hyperscaler customers expected by year-end.
Scored from Synopsys’s FY2026 Q2 earnings call. The newest quarter is available with Tellvest Pro.
| Quarter | Revenue | Rev YoY | EPS | EPS YoY | Gross margin | Op margin | Net margin | FCF |
|---|---|---|---|---|---|---|---|---|
| FY2024 Q4 | $1.64B | +2.3% | $7.14 | +215.9% | 77.1% | 19.0% | 68.1% | $558M |
| FY2025 Q1 | $1.46B | -3.7% | $1.89 | -34.6% | 81.4% | 17.3% | 20.3% | $-108M |
| FY2025 Q2 | $1.60B | +10.3% | $2.24 | +19.1% | 80.2% | 23.5% | 21.5% | $220M |
| FY2025 Q3 | $1.74B | +14.0% | $1.50 | -42.5% | 78.1% | 9.5% | 13.9% | $632M |
| FY2025 Q4 | $2.25B | +37.8% | $2.39 | -66.5% | 71.0% | 5.4% | 19.9% | $605M |
| FY2026 Q1 | $2.41B | +65.5% | $0.40 | -78.8% | 73.5% | 8.4% | 2.7% | $822M |
| FY2026 Q2 | $2.28B | +41.9% | $0.09 | -96.0% | 72.3% | 5.3% | 0.7% | $617M |
| FY2026 Q3 | $2.48B | +42.4% | $2.84 | +89.3% | 72.6% | 14.4% | 22.0% | $704M |
Full Pro access for 30 days when you create a free account. No credit card required.
All prior quarters are free.