Synopsys Beats Q2 EPS, Raises Full-Year Revenue and EPS Guidance
SNPS sits 34% above its 52-week low of $376.18.
Summary
Synopsys exceeded Q2 earnings estimates and increased its full-year financial outlook, signaling robust performance and confidence in its market position.
Key Events · Earnings and Guidance · SNPS
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Q2 Earnings Beat
Non-GAAP EPS for the second fiscal quarter was $3.35, significantly beating the IBES estimate of $3.15.
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Revenue Exceeds Guidance
Q2 revenue reached $2.276 billion, surpassing the company's prior guidance.
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Full-Year Guidance Raised
Synopsys raised its full-year revenue guidance to $9.665 billion at the midpoint and increased its non-GAAP EPS guidance to $14.76 at the midpoint.
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Investor Day Announced
The company plans to host an Investor Day on September 30, 2026, to provide additional details on its long-term financial targets and strategy.
Analysis · SNPS · Technology
Synopsys reported stronger-than-expected second-quarter results, driven by solid execution and demand across its portfolio, particularly from AI scaling. The company raised its full-year revenue and non-GAAP EPS guidance, reflecting expanded operating margins and cost discipline. An upcoming Investor Day will provide further strategic and financial details.
At the time of this filing, SNPS was trading at $505.37 on NASDAQ in the Technology sector, with a market capitalization of approximately $100.7B. The 52-week trading range was $376.18 to $651.73. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.