Synopsys Beats Q1 EPS, Reiterates FY26 Guidance, and Authorizes $2 Billion Stock Repurchase
SNPS sits 20% above its 52-week low of $365.74.
Summary
Synopsys announced better-than-expected Q1 non-GAAP EPS and revenue at the high end of guidance, while reiterating full-year targets and authorizing a significant $2 billion stock repurchase program.
Key Events · Earnings and Guidance · SNPS
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Q1 FY26 Financial Results Exceed Expectations
Synopsys reported first-quarter fiscal year 2026 revenue of $2.409 billion, reaching the high end of its prior guidance. Non-GAAP earnings per diluted share (EPS) of $3.77 surpassed prior guidance, demonstrating strong operational performance.
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Full-Year FY26 Guidance Reiterated
The company reiterated its expectations for full-year fiscal year 2026 total revenue of $9.61 billion at the midpoint, including $2.9 billion of expected Ansys revenue, and non-GAAP EPS guidance of $14.38 to $14.46.
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$2 Billion Stock Repurchase Program Authorized
The board of directors approved a replenishment of the existing stock repurchase program, authorizing the purchase of up to an additional $2 billion of Synopsys common stock. This represents a significant capital return initiative.
Analysis · SNPS · Technology
Synopsys reported strong first-quarter fiscal year 2026 results, exceeding non-GAAP EPS guidance and achieving revenue at the high end of its range. The company also reiterated its full-year fiscal 2026 financial targets, signaling confidence in its ongoing performance. Further bolstering investor sentiment, the board authorized a substantial $2 billion replenishment of its stock repurchase program, demonstrating a commitment to returning capital to shareholders and indicating management's positive outlook on the company's valuation.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 35.8% of the 1045 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.43%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SNPS was trading at $440.00 on NASDAQ in the Technology sector, with a market capitalization of approximately $85.9B. The 52-week trading range was $365.74 to $651.73. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.