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

- Company: SYNOPSYS, INC. (SNPS)
- Period: 2023-11-01 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-ytd-q3-income-statement
- Chart image: https://plicit.ai/charts/snps-fy2024-ytd-q3-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2023-11-01 through 2024-07-31. View: Product and service. Revenue and costs use their disclosed categories.

- **Total revenue**: 4,491,450,000 US dollars
- **Total cost of revenue**: 870,266,000 US dollars
- **Gross margin**: 3,621,184,000 US dollars
- **Total operating expenses**: 2,576,275,000 US dollars
- **Operating income**: 1,044,909,000 US dollars
- **Interest and other income (expense), net**: 146,070,000 US dollars
- **Income before income taxes**: 1,190,979,000 US dollars
- **Provision (benefit) for income taxes**: 37,634,000 US dollars
- **Net income**: 1,140,190,000 US dollars
- **Maintenance and service revenue**: 820,243,000 US dollars
- **Time-based products**: 2,389,924,000 US dollars
- **Upfront products**: 1,281,283,000 US dollars
- **Product**: 553,753,000 US dollars
- **Maintenance and service cost of revenue**: 275,348,000 US dollars
- **Amortization of acquired intangible assets cost of revenue**: 41,165,000 US dollars
- **Research and development**: 1,527,542,000 US dollars
- **Sales and marketing**: 640,117,000 US dollars
- **General and administrative**: 396,464,000 US dollars
- **Amortization of acquired intangible assets expense**: 12,152,000 US dollars
- **Restructuring charges**: 0 US dollars
- **Income (loss) from discontinued operations, net of income taxes**: negative 13,155,000 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.: $1.15 B; to noncontrolling interests: −$9.08 M.

## Chart details: Revenue by Business Segment

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

Income statement for 2023-11-01 through 2024-07-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 4,491,450,000 US dollars
- **Total cost of revenue**: 870,266,000 US dollars
- **Gross margin**: 3,621,184,000 US dollars
- **Total operating expenses**: 2,576,275,000 US dollars
- **Operating income**: 1,044,909,000 US dollars
- **Interest and other income (expense), net**: 146,070,000 US dollars
- **Income before income taxes**: 1,190,979,000 US dollars
- **Provision (benefit) for income taxes**: 37,634,000 US dollars
- **Net income**: 1,140,190,000 US dollars
- **Design Automation**: 3,102,938,000 US dollars
- **Design IP**: 1,388,512,000 US dollars
- **Research and development**: 1,527,542,000 US dollars
- **Sales and marketing**: 640,117,000 US dollars
- **General and administrative**: 396,464,000 US dollars
- **Amortization of acquired intangible assets**: 12,152,000 US dollars
- **Restructuring charges**: 0 US dollars
- **Income (loss) from discontinued operations, net of income taxes**: negative 13,155,000 US dollars. Reported below-tax contribution to net income.
- **Design Automation costs (calculated)**: 1,884,364,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Design IP costs (calculated)**: 848,263,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: 713,914,000 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.: $1.15 B; to noncontrolling interests: −$9.08 M.

## Chart details: Revenue by Geography

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

Income statement for 2023-11-01 through 2024-07-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 4,491,450,000 US dollars
- **Total cost of revenue**: 870,266,000 US dollars
- **Gross margin**: 3,621,184,000 US dollars
- **Total operating expenses**: 2,576,275,000 US dollars
- **Operating income**: 1,044,909,000 US dollars
- **Interest and other income (expense), net**: 146,070,000 US dollars
- **Income before income taxes**: 1,190,979,000 US dollars
- **Provision (benefit) for income taxes**: 37,634,000 US dollars
- **Net income**: 1,140,190,000 US dollars
- **UNITED STATES**: 2,015,066,000 US dollars
- **Europe**: 429,377,000 US dollars
- **CHINA**: 729,583,000 US dollars
- **KOREA, REPUBLIC OF**: 569,538,000 US dollars
- **Other**: 747,886,000 US dollars
- **Research and development**: 1,527,542,000 US dollars
- **Sales and marketing**: 640,117,000 US dollars
- **General and administrative**: 396,464,000 US dollars
- **Amortization of acquired intangible assets**: 12,152,000 US dollars
- **Restructuring charges**: 0 US dollars
- **Income (loss) from discontinued operations, net of income taxes**: negative 13,155,000 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.: $1.15 B; to noncontrolling interests: −$9.08 M.