SYNOPSYS, INC. (SNPS) FY2024 Q1 P&L / Income Statement
2023-11-01 to 2024-01-31
Revenue by Product and Service
2023-11-01 to 2024-01-31
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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.

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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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