Synopsys (SNPS) Revenue — Quarter Ended Oct 31, 2024
Revenue increased in the current quarter compared to the prior quarter. The reported revenue also rose relative to the same quarter one year earlier.
Key takeaway
Quarter ended Oct 31, 2024 · FY2024 Q4
Revenue increased in the current quarter compared to the prior quarter. The reported revenue also rose relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.6B
Revenue reported for this quarter.
Quarter-over-quarter
+7.2%
Change from the immediately preceding quarter.
Year-over-year
+11.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jan 31, 2024 | $1.5B | +11.0% |
| Apr 30, 2024 | $1.5B | +15.2% |
| Jul 31, 2024 | $1.5B | +12.7% |
| Oct 31, 2024 | $1.6B | +11.5% |
Revenue performance
The reported revenue for the quarter ended October 31, 2024 was higher than the immediately preceding quarter. The sequential change was positive.
Quarterly comparison
Compared to the same quarter one year earlier, revenue was higher. The year-over-year change was positive, consistent with the trend seen in the prior three quarters.
What to watch
The pending merger may materially increase debt and liquidity needs, which could affect future capital requirements.