- Synopsys reported Q3 fiscal 2026 results above the high end of guidance, with strength across electronic design automation, Ansys and design IP.
- Management raised full-year revenue, non-GAAP operating margin, EPS and cash-flow guidance, with FY2026 revenue projected at $9.69B-$9.74B.
- AI demand is supporting management's confidence in double-digit organic EDA growth, while major revenue contributions from joint Synopsys-Ansys products are expected in 2027.
- SNPS finished at $464.89, up $54.89, or just over 13%, after the earnings beat and guidance raise.
Quotes
“Synopsys delivered an outstanding third quarter with revenue, non-GAAP operating margin and EPS all exceeding the high end of guidance.”