Synopsys, Inc. (SNPS) Earnings Call Transcripts

Synopsys, Inc.'s Latest Earnings Call - June 9, 2026

In the fiscal Q2 2026 earnings call, Synopsys, Inc. reported strong performance, exceeding guidance on revenue, earnings per share (EPS), and operating margin (OM). The company raised its full-year guidance across all metrics, reflecting confidence in its growth trajectory post-ANSYS acquisition. Revenue growth was driven by increased complexity in chip design and the integration of AI into workflows, with management emphasizing a commitment to double-digit growth in core EDA and a positive outlook for the IP business due to market dynamics.

Reported metrics

Guidance from management

Management raised full-year guidance for revenue, operating margin, EPS, and free cash flow, reflecting confidence in sustained growth driven by AI and the ANSYS integration.

What management said

Yes. We just reported Q2. We had a fantastic quarter where we did beat on our guidance on revenue, EPS and OM. And actually, we -- given the confidence with Q2, we raised the year on all metrics of revenue, OM, EPS and free cash flow. It's our third quarter that we reported post the ANSYS acquisition, which is a significant acquisition for Synopsys and it's expanding our opportunity dramatically.

Certainly, we'll cover AI later on, but I want to cover our next other segment, which is interesting is IP business. That has its own set of challenges as -- over the first few quarters as you know that. But how can investors now feel more confident that worst is behind us and it's a normal trend going forward?

What analysts pressed on

Analysts expressed concerns about the sustainability of core EDA growth and the impact of market dynamics on the IP business. There were questions regarding how Synopsys plans to maintain its competitive edge amid increasing complexity in chip design.

Main topics on the call

• Strong Q2 Performance — Synopsys reported a strong fiscal Q2, beating guidance on revenue, EPS, and OM. CEO Sassine Ghazi stated, "we had a fantastic quarter where we did beat on our guidance on revenue, EPS and OM."
• Raised Full-Year Guidance — Management raised full-year guidance for revenue, OM, EPS, and free cash flow, indicating confidence in continued growth. Ghazi noted, "given the confidence with Q2, we raised the year on all metrics."
• Core EDA Growth Challenges — While core EDA growth has been below 10%, management remains committed to returning to double-digit growth, citing increased complexity in chip design as a key driver. Ghazi emphasized, "Our commitment is double-digit gr...
• IP Business Recovery — Management indicated that the IP business has shown sequential growth after hitting a bottom in Q1. Ghazi stated, "Q1 was the bottom. And what you need to expect for the rest of the year is sequential growth from the Q1 ...

Read the full Synopsys, Inc. transcript (June 9, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 68 Synopsys, Inc. earnings call transcripts on record, spanning January 14, 2020 to June 9, 2026. Based on this history, Synopsys, Inc. reports quarterly. The most recent call on file is dated June 9, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

SNPS

Exchange

NasdaqGS

Country

US

Sector

Information Technology

Industry

Software

Calls on record

68

First call

January 14, 2020

Most recent

June 9, 2026

Reporting cadence

quarterly