Synopsys, Inc. (SNPS) Earnings Call Transcripts
Synopsys, Inc.'s Latest Earnings Call - Q3 FY2026
In the third quarter of fiscal year 2026, Synopsys, Inc. reported robust financial results, with revenue reaching $2.477 billion, a 42% year-over-year increase, and non-GAAP EPS of $3.91, exceeding the high end of guidance. The company raised its full-year revenue guidance by $50 million, now projecting a range of $9.69 billion to $9.74 billion, driven by strong performance in the EDA and ANSYS segments. Management signaled confidence in continued double-digit growth in EDA for Q4 and the full year, reflecting broad-based strength across its portfolio.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $2.477 billion (beat) |
| Non-GAAP EPS | $3.91 (beat) |
| Non-GAAP Operating Margin | 41.6% (beat) |
| ANSYS Revenue Contribution | $711 million (positive) |
| Free Cash Flow | $746 million (positive) |
| Total Backlog | $10.9 billion (neutral) |
Guidance from management
Management raised its full-year revenue guidance to a range of $9.69 billion to $9.74 billion, with non-GAAP EPS guidance increased to $15.04 to $15.10, reflecting strong operational execution and demand trends.
What management said
Yes. And I'd just point out, Jason, that the 8.5% Q3 EDA growth that you saw was against a really tough compare. Q3 '25 was 16%. And so as Sassine said, it really just shows the strength of the business to be able to perform against that tough compare and then have the full year continue to have double.
We're very happy with the software component actually. Very, very pleased. The part that actually I'm most excited about is the delivery of our joint solution with ANSYS. And that gives us the platform to deliver to where the future of engineering challenges is heading. As we just talked about, the advanced package, the need for physics into electronics gives us even the confidence to look at the trajectory and conti...
What analysts pressed on
Analysts expressed concerns about the sustainability of growth in the non-AI segment, which had stabilized but not shown significant growth. There were questions regarding the impact of AI on traditional EDA workflows and potential disruptions from AI-native chip design methodologies.
Main topics on the call
- Revenue Growth Acceleration — Synopsys achieved a revenue of $2.477 billion in Q3, up 42% year-over-year, driven by strong EDA and ANSYS performance. Management noted, "the fundamentals across our portfolio are strengthening," indicating a positive o...
- Guidance Increase — The company raised its full-year revenue guidance by $50 million, now expecting between $9.69 billion and $9.74 billion. CFO Shelagh Glaser stated, "we are raising our full year revenue, non-GAAP operating margin, EPS an...
- EDA Segment Performance — The EDA segment reported an 8.5% year-over-year growth, with expectations for double-digit growth in Q4. CEO Sassine Ghazi emphasized that "EDA growth is accelerating to double digits in Q4 and for the full year," signal...
- ANSYS Integration Success — One year post-acquisition, ANSYS contributed approximately $711 million to revenue, with management highlighting strong demand and successful integration. Ghazi noted, "ANSYS continues to see strong demand," reinforcing ...
Read the full Synopsys, Inc. transcript (Q3 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Synopsys, Inc.
Synopsys, Inc. (SNPS) is a publicly listed company in the Software industry, within the Information Technology sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 69 calls on record spanning January 14, 2020 to August 26, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 69 Synopsys, Inc. earnings call transcripts on record, spanning January 14, 2020 to August 26, 2026. Based on this history, Synopsys, Inc. reports quarterly. The most recent call on file is dated August 26, 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
- 69
- First call
- January 14, 2020
- Most recent
- August 26, 2026
- Reporting cadence
- quarterly