Company: SNPS
Filing Date: 2025-05-28
Form Type: 10-Q
Source: 0000883241-25-000017
Chunk: 193

Company: SYNOPSYS INC
Filing Date: 2025-05-28
Form: 10-Q
Item: Item 8
Chunk 193
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 in the change in the fair value of our executive deferred compensation plan assets.

Sales and Marketing

 April 30,   20252024$ Change% Change (dollars in millions)Three months ended$215.0 $209.8 $5.2 2 %Percentage of total revenue13 %14 %Six months ended$424.2 $428.6 $(4.4)(1)%Percentage of total revenue14 %14 %

The increase in sales and marketing expenses for the three months ended April 30, 2025 compared to the same period in fiscal 2024 was primarily due to an increase of $13.9 million in employee-related costs due to headcount increases, partially offset by a decrease of $6.0 million in the change in the fair value of our executive deferred compensation plan assets.

The decrease in sales and marketing expenses for the six months ended April 30, 2025 compared to the same period in fiscal 2024 was primarily due to decreases of $15.5 million in the change in the fair value of our executive deferred compensation plan assets, and $3.2 million in IT and facility costs, partially offset by an increase of $13.7 million in employee-related costs due to headcount increases.

General and Administrative

 April 30,   20252024$ Change% Change (dollars in millions)Three months ended$136.5 $114.8 $21.7 19 %Percentage of total revenue9 %8 %Six months ended$303.6 $246.0 $57.6 23 %Percentage of total revenue10 %8 %

The increase in general and administrative expenses for the three months ended April 30, 2025 compared to the same period in fiscal 2024 was primarily due to increases of $21.1 million in legal, consulting and other professional fees mainly in connection with the Ansys Merger, and $6.1 million in employee-related costs due to headcount 

42

increases from hiring, partially offset by a decrease of $3.7 million in the change in the fair value of our executive deferred compensation plan assets.

The increase in general and administrative expenses for the six months ended April 30, 2025 compared to the same period in fiscal 2024 was primarily due to increases of $55.5 million in legal,