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

- Company: SYNOPSYS, INC. (SNPS)
- Period: 2023-11-01 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-ytd-q2-income-statement
- Chart image: https://plicit.ai/charts/snps-fy2024-ytd-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2023-11-01 through 2024-04-30. View: Product and service. Revenue and costs use their disclosed categories.

- **Total revenue**: 2,965,701,000 US dollars
- **Total cost of revenue**: 579,590,000 US dollars
- **Gross margin**: 2,386,111,000 US dollars
- **Total operating expenses**: 1,701,413,000 US dollars
- **Operating income**: 684,698,000 US dollars
- **Interest and other income (expense), net**: 114,286,000 US dollars
- **Income before income taxes**: 798,984,000 US dollars
- **Provision (benefit) for income taxes**: 68,346,000 US dollars
- **Net income**: 735,296,000 US dollars
- **Maintenance and service revenue**: 540,169,000 US dollars
- **Time-based products**: 1,586,777,000 US dollars
- **Upfront products**: 838,755,000 US dollars
- **Product**: 374,217,000 US dollars
- **Maintenance and service cost of revenue**: 178,718,000 US dollars
- **Amortization of acquired intangible assets cost of revenue**: 26,655,000 US dollars
- **Research and development**: 1,018,670,000 US dollars
- **Sales and marketing**: 428,626,000 US dollars
- **General and administrative**: 246,027,000 US dollars
- **Amortization of acquired intangible assets expense**: 8,090,000 US dollars
- **Restructuring charges**: 0 US dollars
- **Income (loss) from discontinued operations, net of income taxes**: 4,658,000 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.: $741.22 M; to noncontrolling interests: −$5.92 M.

## Chart details: Revenue by Business Segment

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

Income statement for 2023-11-01 through 2024-04-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 2,965,701,000 US dollars
- **Total cost of revenue**: 579,590,000 US dollars
- **Gross margin**: 2,386,111,000 US dollars
- **Total operating expenses**: 1,701,413,000 US dollars
- **Operating income**: 684,698,000 US dollars
- **Interest and other income (expense), net**: 114,286,000 US dollars
- **Income before income taxes**: 798,984,000 US dollars
- **Provision (benefit) for income taxes**: 68,346,000 US dollars
- **Net income**: 735,296,000 US dollars
- **Design Automation**: 2,040,272,000 US dollars
- **Design IP**: 925,429,000 US dollars
- **Research and development**: 1,018,670,000 US dollars
- **Sales and marketing**: 428,626,000 US dollars
- **General and administrative**: 246,027,000 US dollars
- **Amortization of acquired intangible assets**: 8,090,000 US dollars
- **Restructuring charges**: 0 US dollars
- **Income (loss) from discontinued operations, net of income taxes**: 4,658,000 US dollars. Reported below-tax contribution to net income.
- **Design Automation costs (calculated)**: 1,262,562,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Design IP costs (calculated)**: 554,905,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: 463,536,000 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.: $741.22 M; to noncontrolling interests: −$5.92 M.

## Chart details: Revenue by Geography

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

Income statement for 2023-11-01 through 2024-04-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 2,965,701,000 US dollars
- **Total cost of revenue**: 579,590,000 US dollars
- **Gross margin**: 2,386,111,000 US dollars
- **Total operating expenses**: 1,701,413,000 US dollars
- **Operating income**: 684,698,000 US dollars
- **Interest and other income (expense), net**: 114,286,000 US dollars
- **Income before income taxes**: 798,984,000 US dollars
- **Provision (benefit) for income taxes**: 68,346,000 US dollars
- **Net income**: 735,296,000 US dollars
- **UNITED STATES**: 1,354,587,000 US dollars
- **Europe**: 284,746,000 US dollars
- **CHINA**: 462,884,000 US dollars
- **KOREA, REPUBLIC OF**: 374,721,000 US dollars
- **Other**: 488,763,000 US dollars
- **Research and development**: 1,018,670,000 US dollars
- **Sales and marketing**: 428,626,000 US dollars
- **General and administrative**: 246,027,000 US dollars
- **Amortization of acquired intangible assets**: 8,090,000 US dollars
- **Restructuring charges**: 0 US dollars
- **Income (loss) from discontinued operations, net of income taxes**: 4,658,000 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.: $741.22 M; to noncontrolling interests: −$5.92 M.