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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
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