Name: Synopsys Inc. (NASDAQ:SNPS) | Common-Size Income Statement
Creator: Stock Analysis on Net

Common-Size Income Statement

Synopsys Inc., common-size consolidated income statement

12 months ended:	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020	Oct 31, 2019	Oct 31, 2018
Time-based products	57.91%	58.91%	62.65%	64.18%	65.40%	73.80%
Upfront products	24.46%	24.14%	20.48%	19.96%	18.44%	11.46%
Products revenue	82.38%	83.06%	83.13%	84.14%	83.84%	85.26%
Maintenance and service	17.62%	16.94%	16.87%	15.86%	16.16%	14.74%
Revenue	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Products	-13.07%	-12.87%	-12.89%	-13.22%	-13.66%	-14.37%
Maintenance and service	-6.57%	-6.75%	-6.45%	-6.92%	-6.97%	-6.52%
Amortization of intangible assets	-1.28%	-1.32%	-1.15%	-1.42%	-1.77%	-2.69%
Cost of revenue	-20.92%	-20.93%	-20.50%	-21.56%	-22.40%	-23.58%
Gross margin	79.08%	79.07%	79.50%	78.44%	77.60%	76.42%
Research and development	-33.32%	-33.07%	-35.79%	-34.71%	-33.83%	-34.76%
Sales and marketing	-15.22%	-15.35%	-16.95%	-17.15%	-18.83%	-19.96%
General and administrative	-7.02%	-6.96%	-7.68%	-7.72%	-6.82%	-8.41%
Amortization of intangible assets	-0.48%	-0.59%	-0.81%	-1.05%	-1.23%	-1.33%
Restructuring charges	-1.32%	-0.24%	-0.79%	-0.98%	-1.40%	-0.41%
Operating expenses	-57.36%	-56.20%	-62.02%	-61.61%	-62.12%	-64.88%
Operating income	21.72%	22.87%	17.48%	16.83%	15.48%	11.54%
Interest income	0.63%	0.17%	0.06%	0.10%	0.20%	0.17%
Interest expense	-0.02%	-0.03%	-0.08%	-0.14%	-0.35%	-0.50%
Gains (losses) on assets related to deferred compensation plan	0.35%	-1.35%	1.70%	0.58%	0.83%	0.15%
Foreign currency exchange gains (losses)	-0.03%	0.09%	0.13%	0.15%	0.11%	0.11%
Other, net	-0.38%	0.21%	-0.12%	-0.20%	-0.04%	0.17%
Other income (expense), net	0.56%	-0.92%	1.68%	0.49%	0.75%	0.11%
Income before income taxes	22.28%	21.95%	19.16%	17.32%	16.23%	11.65%
(Provision) benefit for income taxes	-1.43%	-2.70%	-1.17%	0.69%	-0.39%	2.21%
Net income	20.85%	19.25%	17.99%	18.00%	15.84%	13.86%
Net loss attributed to non-controlling interest and redeemable non-controlling interest	0.20%	0.12%	0.03%	0.02%	0.00%	0.00%
Net income attributed to Synopsys	21.05%	19.38%	18.02%	18.03%	15.84%	13.86%

Based on: 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), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).

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Income statement item	Description	The company
Operating income	The net result for the period of deducting operating expenses from operating revenues.	Synopsys Inc. operating income as a percentage of revenue increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.
Income before income taxes	Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.	Synopsys Inc. income before income taxes as a percentage of revenue increased from 2021 to 2022 and from 2022 to 2023.
Net income attributed to Synopsys	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Synopsys Inc. net income attributed to Synopsys as a percentage of revenue increased from 2021 to 2022 and from 2022 to 2023.