Synopsys (SNPS) 10-K Summary — Year Ended Oct 31, 2025
Synopsys filed its annual report for the most recent fiscal year. The company reported growth in revenue and profitability compared to the prior year.
Key takeaway
Year ended Oct 31, 2025 · FY2025 10-K
Synopsys filed its annual report for the most recent fiscal year. The company reported growth in revenue and profitability compared to the prior year.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$7.1B
Revenue reported for the fiscal year.
Operating income
$914.9M
Income from operations reported for the year.
Net income
$1.3B
Net income reported for the year.
Operating cash flow
$1.5B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Oct 31, 2022 | $4.6B | +9.8% |
| Oct 31, 2023 | $5.3B | +15.2% |
| Oct 31, 2024 | $6.1B | +15.2% |
| Oct 31, 2025 | $7.1B | +15.1% |
Business overview
Synopsys provides software and services used for electronic design automation and semiconductor intellectual property. The company also offers application security testing and related solutions. Its products help customers design and verify complex integrated circuits and systems.
Financial performance
Revenue increased compared to the prior year, driven by growth across the business. Operating income and net income also rose, reflecting improved operational efficiency. Cash flow from operations remained strong and supported the company's liquidity.
Material risks
The company faces risks related to the integration of the Ansys acquisition, including increased debt and liquidity needs. Global operations expose it to foreign exchange fluctuations and geopolitical uncertainties. Cybersecurity threats and reliance on key personnel are also material risk factors.
Liquidity and capital
The company's primary liquidity sources are operating cash flow and available credit facilities. It held significant cash and short-term investments, with a portion domiciled in foreign jurisdictions, and used debt to fund the Ansys merger.
What to watch
Monitor the integration progress and financial impact of the Ansys acquisition in the next filing.