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

- Company: SYNOPSYS, INC. (SNPS)
- Period: 2024-02-01 to 2024-04-30
- Filing: Q2 FY2024 10-Q, filed 2024-05-24, accession number 0000883241-24-000016
- Page: https://plicit.ai/financials/snps/fy2024-q2-income-statement
- Chart image: https://plicit.ai/charts/snps-fy2024-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service

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.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/snps/fy2024-q2-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/snps-fy2024-q2-revenue-by-business-segment-sankey.png

Income statement for 2024-02-01 through 2024-04-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated 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
- **Design Automation**: 1,054,933,000 US dollars
- **Design IP**: 399,779,000 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**: 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.
- **Design Automation costs (calculated)**: 636,688,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Design IP costs (calculated)**: 274,982,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: 210,970,000 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, 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.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/snps/fy2024-q2-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/snps-fy2024-q2-revenue-by-geography-sankey.png

Income statement for 2024-02-01 through 2024-04-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated 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
- **UNITED STATES**: 630,766,000 US dollars
- **Europe**: 147,476,000 US dollars
- **CHINA**: 221,820,000 US dollars
- **KOREA, REPUBLIC OF**: 192,676,000 US dollars
- **Other**: 261,974,000 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**: 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.