SYNOPSYS, INC. (SNPS) FY2024 Q2 P&L / Income Statement

SYNOPSYS, INC. (SNPS) FY2024 Q2 P&L / Income Statement

Income statement for 2024-02-01 through 2024-04-30. View: Product and service. Revenue and costs use their disclosed categories.

Total revenue

1,454,712,000 US dollars

Total cost of revenue

300,397,000 US dollars

Gross margin

1,154,315,000 US dollars

Total operating expenses

822,243,000 US dollars

Operating income

332,072,000 US dollars

Interest and other income (expense), net

9,458,000 US dollars

Income before income taxes

341,530,000 US dollars

Provision (benefit) for income taxes

45,437,000 US dollars

Net income

289,089,000 US dollars

Maintenance and service revenue

276,609,000 US dollars

Time-based products

781,714,000 US dollars

Upfront products

396,389,000 US dollars

Product

198,719,000 US dollars

Maintenance and service cost of revenue

88,178,000 US dollars

Amortization of acquired intangible assets cost of revenue

13,500,000 US dollars

Research and development

493,136,000 US dollars

Sales and marketing

209,783,000 US dollars

General and administrative

114,763,000 US dollars

Amortization of acquired intangible assets expense

4,561,000 US dollars

Restructuring charges

0 US dollars

Income (loss) from discontinued operations, net of income taxes

negative 7,004,000 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.: $292.11 M; to noncontrolling interests: −$3.02 M.