SYNOPSYS, INC. (SNPS) FY2024 Q3 P&L / Income Statement

SYNOPSYS, INC. (SNPS) FY2024 Q3 P&L / Income Statement

Income statement for 2024-05-01 through 2024-07-31. View: Product and service. Revenue and costs use their disclosed categories.

Total revenue

1,525,749,000 US dollars

Total cost of revenue

290,676,000 US dollars

Gross margin

1,235,073,000 US dollars

Total operating expenses

874,862,000 US dollars

Operating income

360,211,000 US dollars

Interest and other income (expense), net

31,784,000 US dollars

Income before income taxes

391,995,000 US dollars

Provision (benefit) for income taxes

negative 30,712,000 US dollars

Net income

404,894,000 US dollars

Maintenance and service revenue

280,074,000 US dollars

Time-based products

803,147,000 US dollars

Upfront products

442,528,000 US dollars

Product

179,536,000 US dollars

Maintenance and service cost of revenue

96,630,000 US dollars

Amortization of acquired intangible assets cost of revenue

14,510,000 US dollars

Research and development

508,872,000 US dollars

Sales and marketing

211,491,000 US dollars

General and administrative

150,437,000 US dollars

Amortization of acquired intangible assets expense

4,062,000 US dollars

Restructuring charges

0 US dollars

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

negative 17,813,000 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.: $408.06 M; to noncontrolling interests: −$3.16 M.