# SYNOPSYS, INC. (SNPS) FY2024 Annual P&L / Income Statement

- Company: SYNOPSYS, INC. (SNPS)
- Period: 2023-11-01 to 2024-10-31
- Filing: FY2024 10-K, filed 2024-12-19, accession number 0000883241-24-000024
- Page: https://plicit.ai/financials/snps/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/snps-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2023-11-01 through 2024-10-31. View: Product and service. Revenue and costs use their disclosed categories.

- **Total revenue**: 6,127,436,000 US dollars
- **Total cost of revenue**: 1,245,289,000 US dollars
- **Gross margin**: 4,882,147,000 US dollars
- **Total operating expenses**: 3,526,436,000 US dollars
- **Operating income**: 1,355,711,000 US dollars
- **Interest and other income (expense), net**: 158,147,000 US dollars
- **Income before income taxes**: 1,513,858,000 US dollars
- **Provision (benefit) for income taxes**: 99,718,000 US dollars
- **Net income**: 2,235,810,000 US dollars
- **Maintenance and service revenue**: 1,100,915,000 US dollars
- **Time-based products**: 3,224,299,000 US dollars
- **Upfront products**: 1,802,222,000 US dollars
- **Products**: 770,238,000 US dollars
- **Maintenance and service cost of revenue**: 367,055,000 US dollars
- **Amortization of acquired intangible assets cost of revenue**: 107,996,000 US dollars
- **Research and development**: 2,082,360,000 US dollars
- **Sales and marketing**: 859,342,000 US dollars
- **General and administrative**: 568,496,000 US dollars
- **Restructuring charges**: 0 US dollars
- **Amortization of acquired intangible assets expense**: 16,238,000 US dollars
- **Income (loss) from discontinued operations, net of income taxes**: 821,670,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Of which attributable to SYNOPSYS, INC.: $2.26 B; to noncontrolling interests: −$27.57 M.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/snps/fy2024-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/snps-fy2024-annual-revenue-by-business-segment-sankey.png

Income statement for 2023-11-01 through 2024-10-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 6,127,436,000 US dollars
- **Total cost of revenue**: 1,245,289,000 US dollars
- **Gross margin**: 4,882,147,000 US dollars
- **Total operating expenses**: 3,526,436,000 US dollars
- **Operating income**: 1,355,711,000 US dollars
- **Interest and other income (expense), net**: 158,147,000 US dollars
- **Income before income taxes**: 1,513,858,000 US dollars
- **Provision (benefit) for income taxes**: 99,718,000 US dollars
- **Net income**: 2,235,810,000 US dollars
- **Design Automation**: 4,221,122,000 US dollars
- **Design IP**: 1,906,314,000 US dollars
- **Research and development**: 2,082,360,000 US dollars
- **Sales and marketing**: 859,342,000 US dollars
- **General and administrative**: 568,496,000 US dollars
- **Restructuring charges**: 0 US dollars
- **Amortization of acquired intangible assets**: 16,238,000 US dollars
- **Income (loss) from discontinued operations, net of income taxes**: 821,670,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Of which attributable to SYNOPSYS, INC.: $2.26 B; to noncontrolling interests: −$27.57 M.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/snps/fy2024-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/snps-fy2024-annual-revenue-by-geography-sankey.png

Income statement for 2023-11-01 through 2024-10-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 6,127,436,000 US dollars
- **Total cost of revenue**: 1,245,289,000 US dollars
- **Gross margin**: 4,882,147,000 US dollars
- **Total operating expenses**: 3,526,436,000 US dollars
- **Operating income**: 1,355,711,000 US dollars
- **Interest and other income (expense), net**: 158,147,000 US dollars
- **Income before income taxes**: 1,513,858,000 US dollars
- **Provision (benefit) for income taxes**: 99,718,000 US dollars
- **Net income**: 2,235,810,000 US dollars
- **UNITED STATES**: 2,739,756,000 US dollars
- **Europe**: 614,584,000 US dollars
- **CHINA**: 989,524,000 US dollars
- **KOREA, REPUBLIC OF**: 773,018,000 US dollars
- **Other**: 1,010,554,000 US dollars
- **Research and development**: 2,082,360,000 US dollars
- **Sales and marketing**: 859,342,000 US dollars
- **General and administrative**: 568,496,000 US dollars
- **Restructuring charges**: 0 US dollars
- **Amortization of acquired intangible assets**: 16,238,000 US dollars
- **Income (loss) from discontinued operations, net of income taxes**: 821,670,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Of which attributable to SYNOPSYS, INC.: $2.26 B; to noncontrolling interests: −$27.57 M.