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

- Company: SYNOPSYS, INC. (SNPS)
- Period: 2024-05-01 to 2024-07-31
- Filing: Q3 FY2024 10-Q, filed 2024-08-23, accession number 0000883241-24-000021
- Page: https://plicit.ai/financials/snps/fy2024-q3-income-statement
- Chart image: https://plicit.ai/charts/snps-fy2024-q3-income-statement-sankey.png

## Chart details: Revenue by Product and Service

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.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/snps/fy2024-q3-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/snps-fy2024-q3-revenue-by-business-segment-sankey.png

Income statement for 2024-05-01 through 2024-07-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated 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
- **Design Automation**: 1,062,666,000 US dollars
- **Design IP**: 463,083,000 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**: 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.
- **Design Automation costs (calculated)**: 621,802,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Design IP costs (calculated)**: 293,358,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: 250,378,000 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.: $408.06 M; to noncontrolling interests: −$3.16 M.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/snps/fy2024-q3-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/snps-fy2024-q3-revenue-by-geography-sankey.png

Income statement for 2024-05-01 through 2024-07-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated 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
- **UNITED STATES**: 660,479,000 US dollars
- **Europe**: 144,631,000 US dollars
- **CHINA**: 266,699,000 US dollars
- **KOREA, REPUBLIC OF**: 194,817,000 US dollars
- **Other**: 259,123,000 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**: 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.