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

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

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.