Synopsys, Inc. (SNPS)

Synopsys Income Statement

Financials in millions USD. Fiscal year is November - October.

Year	2023	2022	2021	2020	2019
Revenue	5,843	5,082	4,204	3,685	3,361
Revenue Growth (YoY)	14.98%	20.87%	14.08%	9.66%	7.68%
Cost of Revenue	1,222	1,064	861.78	794.69	752.95
Gross Profit	4,620	4,018	3,342	2,891	2,608
Selling, General & Admin	1,299	1,134	1,035	916.54	862.11
Research & Development	1,947	1,680	1,505	1,279	1,137
Other Operating Expenses	105.03	41.81	67.32	74.89	88.48
Operating Expenses	3,351	2,856	2,608	2,270	2,088
Operating Income	1,269	1,162	734.79	620.14	520.23
Other Expense / Income	-44.29	40.37	-71.88	-18.92	-25.28
Pretax Income	1,314	1,122	806.67	639.06	545.51
Income Tax	83.66	137.08	49.16	-25.29	13.14
Net Income	1,230	984.59	757.52	664.35	532.37
Net Income Growth	24.91%	29.98%	14.02%	24.79%	23.09%
Shares Outstanding (Basic)	152	153	153	151	150
Shares Outstanding (Diluted)	155	156	157	156	154
Shares Change	-0.82%	-0.54%	1.05%	0.98%	0.52%
EPS (Basic)	8.08	6.44	4.96	4.40	3.55
EPS (Diluted)	7.92	6.29	4.81	4.27	3.45
EPS Growth	25.91%	30.77%	12.65%	23.77%	22.34%
Free Cash Flow	1,511	1,600	1,397	832.55	598.13
Free Cash Flow Per Share	9.93	10.46	9.15	5.51	3.99
Gross Margin	79.08%	79.07%	79.50%	78.44%	77.60%
Operating Margin	21.72%	22.87%	17.48%	16.83%	15.48%
Profit Margin	21.05%	19.38%	18.02%	18.03%	15.84%
Free Cash Flow Margin	25.87%	31.48%	33.23%	22.59%	17.80%
Effective Tax Rate	6.37%	12.22%	6.09%	-3.96%	2.41%
EBITDA	1,658	1,440	1,097	931.94	747.18
EBITDA Margin	28.38%	28.33%	26.09%	25.29%	22.23%
Depreciation & Amortization	344.83	317.95	290.32	292.88	201.68
EBIT	1,314	1,122	806.67	639.06	545.51
EBIT Margin	22.48%	22.07%	19.19%	17.34%	16.23%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).