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

- Company: SYNOPSYS, INC. (SNPS)
- Period: 2023-11-01 to 2024-01-31
- Filing: Q1 FY2024 10-Q, filed 2024-02-23, accession number 0000883241-24-000013
- Page: https://plicit.ai/financials/snps/fy2024-q1-income-statement
- Chart image: https://plicit.ai/charts/snps-fy2024-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

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.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/snps/fy2024-q1-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/snps-fy2024-q1-revenue-by-business-segment-sankey.png

Income statement for 2023-11-01 through 2024-01-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated 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
- **Design Automation**: 985,339,000 US dollars
- **Design IP**: 525,650,000 US dollars
- **Software Integrity**: 138,241,000 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**: 6,597,000 US dollars
- **Restructuring charges**: 0 US dollars
- **Design Automation costs (calculated)**: 620,456,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Design IP costs (calculated)**: 276,156,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Software Integrity costs (calculated)**: 114,260,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: 278,738,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

### 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.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/snps/fy2024-q1-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/snps-fy2024-q1-revenue-by-geography-sankey.png

Income statement for 2023-11-01 through 2024-01-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated 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
- **UNITED STATES**: 807,618,000 US dollars
- **Europe**: 159,113,000 US dollars
- **CHINA**: 249,975,000 US dollars
- **KOREA, REPUBLIC OF**: 184,600,000 US dollars
- **Other**: 247,924,000 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**: 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.