Company: SNPS
Filing Date: 2025-05-28
Form Type: 10-Q
Source: 0000883241-25-000017
Chunk: 239

Company: SYNOPSYS INC
Filing Date: 2025-05-28
Form: 10-Q
Item: Item 2
Chunk 239
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9)$4.7 Diluted net income (loss) per share attributed to Synopsys:Continuing operations$2.24 $1.92 $4.13 $4.73 Discontinued operations$(0.03)$(0.04)$(0.03)$0.03 

Financial performance summary for the three months ended April 30, 2025 compared to the same period of fiscal 2024: 

•Revenues were $1.6 billion, an increase of $149.6 million or 10%, primarily due to revenue growth across a majority of products and geographies. 

•Total cost of revenue and operating expenses was $1.2 billion, an increase of $105.2 million or 9%, primarily due to an increase of $106.4 million in employee-related costs resulting from headcount increases through organic growth.

•Operating income was $376.4 million, an increase of $44.4 million or 13%.

Financial performance summary for the six months ended April 30, 2025 compared to the same period of fiscal 2024: 

•Revenues were $3.1 billion, an increase of $93.9 million or 3%, primarily due to revenue growth across a majority of products and geographies, partially offset by the impact of the extra week in the first quarter of fiscal 2024 of approximately $63.2 million. 

•Total cost of revenue and operating expenses was $2.4 billion, an increase of $150.3 million or 7% primarily due to increases of $133.4 million in employee-related costs resulting from headcount increases through organic growth, and $55.5 million in legal, consulting and other professional fees mainly in connection with the Ansys Merger.

•Operating income was $628.3 million, a decrease of $56.4 million or 8%.

Business Summary

Synopsys delivers trusted and comprehensive silicon to systems design solutions, from EDA, including system verification and validation solutions, to silicon IP. We partner closely with semiconductor and systems customers across a wide range of industries to maximize their engineering and research and development capacity. We are catalyzing the era of pervasive intelligence, powering innovation today that ignites the ingenuity of tomorrow. For more information about our business segments and product groups, see Part I, Item 1, Business in our Annual Report.

We have consistently grown our revenue since 2005, despite