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: 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.