Company: SNPS
Filing Date: 2025-09-09
Form Type: 10-Q
Source: 0000883241-25-000024
Chunk: 177

Company: SYNOPSYS INC
Filing Date: 2025-09-09
Form: 10-Q
Item: Item 8
Chunk 177
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 operating margin information for the Design Automation and Design IP segments, accompanied by disaggregated information relating to revenue by geographic region. The Software Integrity business constituted its own reportable segment under Topic 280. In accordance with applicable accounting guidance, the results of the Software Integrity business were presented as discontinued operations in the condensed consolidated statements of income and, as such, have been excluded from both continuing operations and segment results for all periods presented. See Note 3. Discontinued Operations of the Notes to Condensed Consolidated Financial Statements.

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Information by reportable segment is as follows: Three Months Ended  July 31,Nine Months Ended  July 31, 2025202420252024 (in thousands)Total Segments:Revenue$1,739,737 $1,525,749 $4,799,318 $4,491,450 Adjusted operating income669,778 610,589 1,810,265 1,758,823 Adjusted operating margin38 %40 %38 %39 %Design Automation:Revenue$1,312,166 $1,062,666 $3,454,617 $3,102,938 Adjusted operating income583,755 440,864 1,447,181 1,218,574 Adjusted operating margin44 %41 %42 %39 %Design IP:Revenue$427,571 $463,083 $1,344,701 $1,388,512 Adjusted operating income86,023 169,725 363,084 540,249 Adjusted operating margin20 %37 %27 %39 %Certain operating expenses are not allocated to the segments and are managed at a consolidated level. The unallocated expenses managed at a consolidated level, including amortization of acquired intangible assets, stock-based compensation, changes in the fair value of deferred compensation plan, and acquisition/divestiture related items, are presented in the table below to provide a reconciliation of the total adjusted operating income from segments to our consolidated operating income from continuing operations: Three Months Ended  July 31,Nine Months Ended  July 31, 2025202420252024 (in thousands)Total segment adjusted operating income$669,778 $610,589 $1,810,265 $1,758,823 Reconciling items:Amortization of acquired intangible assets(74,