Tired of ads? Enjoy an ad-free experience by signing up.
👩‍🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔‍♂️ A friendly human may check it before it goes live. More news here

Synopsys lifts 2026 outlook as Q2 revenue jumps 42%

Synopsys, a US-based electronic design automation software company, said on May 27 that fiscal second-quarter 2026 revenue rose about 42% year on year to US$2.276 billion.

It also raised its full-year outlook, citing continued demand across its business.

Net income under US generally accepted accounting principles (GAAP) fell to US$17.1 million, or US$0.09 per diluted share, from US$349.2 million, or US$2.24 per diluted share.

On a non-GAAP basis, net income rose to US$643.7 million, or US$3.35 per diluted share, from US$572.7 million, or US$3.67 per diluted share.

Synopsys raised its fiscal 2026 revenue forecast to US$9.625 billion–US$9.705 billion, up from its previous outlook of US$9.56 billion–US$9.66 billion.

The company also increased its non-GAAP earnings per share forecast to US$14.72–US$14.80, compared with its earlier guidance of US$14.38–US$14.46.

The company said the revenue increase reflected business performance, an Ansys channel-accounting impact, and the expected divestiture of its Processor IP Solutions business.

The Ansys acquisition appears to have contributed to reported growth. Ansys contributed US$756.6 million in fiscal 2025, and Synopsys expects US$2.96 billion in Ansys revenue in fiscal 2026.

Its guidance assumes no further changes to export controls or current US government Entity List restrictions.

🔗 Source: Synopsys

Recent Synopsys developments

Stay ahead in Asia’s tech landscape

You've reached your 2 free content limit for the month. Sign up for free to read the full story.

🏄 For casual readers / 👶 Free

Basic

US$0

Free forever

Get instant access to this article and more every month

0 premium content

Unlimited news briefs

5

5 articles

Ad-free reading experience

Just US$0 per day

⌛Sign up in 20s. No payment details needed.

📖 For learners / 👍 Starter

Lite

US$4.92/month

Billed annually at US$59/year

Get instant access to this article and more every month

4

4 premium content

Unlimited news briefs & articles

Ad-free reading experience

Just US$0.17 per day

Cancel anytime

Our subscriber community includes professionals from these companies:

Stay updated on the go with our mobile app.

Get latest insights with smoother, more personalized experience through TIA mobile app.