Stock Analysis on Net

Synopsys Inc. (NASDAQ:SNPS)

Analysis of Revenues 

Microsoft Excel

Revenues as Reported

Synopsys Inc., income statement, revenues

US$ in thousands

Microsoft Excel
12 months ended: Oct 31, 2025 Oct 31, 2024 Oct 31, 2023 Oct 31, 2022 Oct 31, 2021 Oct 31, 2020
EDA 4,373,590 4,068,617 3,675,007 3,196,290 2,673,867
Design IP 1,749,436 1,905,633 1,542,451 1,316,119 1,055,252
Ansys 754,797
Software Integrity 525,836 467,502 395,194
Other 176,355 153,186 99,325 101,631 79,880
Revenue 7,054,178 6,127,436 5,842,619 5,081,542 4,204,193

Based on: 10-K (reporting date: 2025-10-31), 10-K (reporting date: 2024-10-31), 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31).


Revenue exhibits a consistent upward trajectory between 2021 and 2025. The composition of revenue, however, demonstrates varying growth patterns across different segments. A significant addition to revenue is observed in 2025 with the inclusion of the Ansys segment.

EDA Revenue
EDA revenue demonstrates steady growth from US$2,673,867 thousand in 2021 to US$4,373,590 thousand in 2025. The rate of increase appears to decelerate slightly between 2023 and 2025, though growth remains positive.
Design IP Revenue
Design IP revenue increased substantially from US$1,055,252 thousand in 2021 to US$1,905,633 thousand in 2024. However, a decrease is noted in 2025, with revenue falling to US$1,749,436 thousand. This represents the only observed decline in a major revenue segment during the analyzed period.
Software Integrity Revenue
Software Integrity revenue shows consistent growth from US$395,194 thousand in 2021 to US$525,836 thousand in 2023. Revenue figures are unavailable for 2024 and 2025, indicating a potential shift in reporting or a discontinuation of separate reporting for this segment.
Other Revenue
Revenue categorized as 'Other' has increased over the period, from US$79,880 thousand in 2021 to US$176,355 thousand in 2025. The growth rate appears to be accelerating, particularly between 2023 and 2025.
Total Revenue Growth
Total revenue increased from US$4,204,193 thousand in 2021 to US$7,054,178 thousand in 2025. The inclusion of Ansys revenue in 2025 (US$754,797 thousand) contributes significantly to the overall increase. Prior to 2025, total revenue growth was driven primarily by the EDA and Design IP segments.

The overall revenue picture is positive, with consistent growth observed across most segments. The decline in Design IP revenue in 2025 warrants further investigation. The addition of Ansys revenue in 2025 represents a notable diversification of revenue streams.