Overview
- Synopsys reported results on Wednesday, delivering about $2.48 billion in revenue and $3.91 in non‑GAAP earnings per share, both figures that topped analyst expectations.
- The company raised its full‑year revenue outlook to roughly $9.69 billion–$9.74 billion and raised adjusted EPS guidance to about $15.04–$15.10.
- Executives said AI is the main growth driver and that Design Automation made about 81% of Q3 revenue while Design IP accounted for about 19%, with management forecasting sequential IP growth.
- Synopsys has expanded its capabilities through the July 2025 Ansys acquisition and a reported Nvidia equity investment and technology integration, which the companies say brings GPU/CUDA acceleration, Omniverse simulation and prototype autonomous EDA agents to speed verification.
- Shares slipped in extended trading after the report, and the company warned of execution and external risks including export controls even as it projects healthy margins and roughly $2.6–$2.8 billion in operating cash flow for fiscal 2026.