SYNOPSYS, INC. (SNPS) FY2024 Q1 P&L / Income Statement

Revenue by Product and Service

2023-11-01 to 2024-01-31

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SYNOPSYS, INC. (SNPS) FY2024 Q1 P&L / Income StatementIncome statement for 2023-11-01 through 2024-01-31. View: Product and service. Revenue and costs use their disclosed categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETTime-based productsUpfront productsMaintenance and service revenueTotal revenueGross marginTotal cost of revenueProductMaintenance and service cost of revenueAmortization of acquired intangible assets cost of revenueOperating incomeTotal operating expensesResearch and developmentSales and marketingGeneral and administrativeAmortization of acquired intangible assets expenseInterest and other income (expense), netIncome before income taxesNet incomeProvision (benefit) for income taxesInterest and other income (expense), netInterest and otherincome (expense), net$105.48 MIncome before income taxesPretax income$465.10 MTotal revenueTotal revenue$1.65 BGross marginGross margin$1.32 BOperating incomeOperating income$359.62 MNet incomeNet income$446.21 MTime-based productsTime-based products$904.38 MTotal operating expensesTotal operatingexpenses$960.44 MProvision (benefit) for income taxesProvision (benefit)for income taxes$18.90 MResearch and developmentResearch and development$552.06 MUpfront productsUpfront products$447.86 MSales and marketingSales and marketing$263.41 MTotal cost of revenueTotal cost of revenue$329.18 MMaintenance and service revenueMaintenance and service$296.99 MGeneral and administrativeGeneral and administrative$138.37 MProductProduct$193.64 MAmortization of acquired intangible assets expenseAmortization of acquiredintangible assets$6.60 MMaintenance and service cost of revenueMaintenanceand service$115.08 MAmortization of acquired intangible assets cost of revenueAmortizationof acquiredintangible assets$20.46 M
Chart details

SYNOPSYS, INC. (SNPS) FY2024 Q1 P&L / Income Statement

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

Total revenue
1,649,230,000 US dollars
Total cost of revenue
329,175,000 US dollars
Gross margin
1,320,055,000 US dollars
Total operating expenses
960,435,000 US dollars
Operating income
359,620,000 US dollars
Interest and other income (expense), net
105,484,000 US dollars
Income before income taxes
465,104,000 US dollars
Provision (benefit) for income taxes
18,897,000 US dollars
Net income
446,207,000 US dollars
Maintenance and service revenue
296,989,000 US dollars
Time-based products
904,378,000 US dollars
Upfront products
447,863,000 US dollars
Product
193,638,000 US dollars
Maintenance and service cost of revenue
115,081,000 US dollars
Amortization of acquired intangible assets cost of revenue
20,456,000 US dollars
Research and development
552,056,000 US dollars
Sales and marketing
263,408,000 US dollars
General and administrative
138,374,000 US dollars
Amortization of acquired intangible assets expense
6,597,000 US dollars
Restructuring charges
0 US dollars

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 equals net income.
  • Of which attributable to SYNOPSYS, INC.: $449.11 M; to noncontrolling interests: −$2.91 M.
SYNOPSYS, INC. (SNPS) FY2024 Q1 P&L / Income Statement Sankey chart, Product and service view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

80.0%

Gross profit / revenue

Operating margin

21.8%

Operating profit / revenue

Cash conversion

−19.7%

Operating cash / net income, same period

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