Synopsys (SNPS) Earnings: Q3 Fiscal 2026 Results and Next Report Date

The quarter ended July 31, 2026 and Synopsys published the results on August 26, 2026. Revenue and diluted EPS are shown against Q3 fiscal 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Synopsys reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Synopsys completed its acquisition of Ansys on July 17, 2025, so Q3 fiscal 2025 includes Ansys for only part of the quarter.
• Synopsys's fiscal year ends October 31. Figures are from continuing operations; the Software Integrity business, sold on September 30, 2024, is reported as discontinued operations.
• Synopsys's GAAP net income in Q3 fiscal 2026 includes a $425.4 million pre-tax gain on the June 1, 2026 sale of its Processor IP Solutions business to GlobalFoundries.

Source: Synopsys Q3 fiscal 2026 results, August 26, 2026. Also in the Form 10-Q for the quarter ended July 31, 2026. Figures as reported; checked against the release on November 10, 2026.

How Synopsys splits revenue in its own release, under its own labels, for Q3 fiscal 2026 against Q3 fiscal 2025. Indented lines are parts of the line above them.

• Synopsys's Design Automation revenue was $2.0 billion in Q3 fiscal 2026, up 53% from $1.3 billion in Q3 fiscal 2025, 81% of total revenue.
• Synopsys's Design IP revenue was $474 million in Q3 fiscal 2026, up 11% from $428 million in Q3 fiscal 2025, 19% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q3 fiscal 2026 release, Synopsys said:

“Raising expectations for full-year total revenue to $9.715 billion at the midpoint and full-year non-GAAP EPS guidance to $15.07 at the midpoint on continued AI-driven demand strength”

“These targets assume no further changes to export control restrictions or the current U.S. government "Entity List" restrictions.”

“Fiscal year 2026 revenue includes $2.98 billion of expected Ansys revenue, and reflects the impact of approximately $110 million of the divested Optical Solutions Group and PowerArtist RTL businesses, and $40 million related to the recently completed divestiture of the Processor IP Solutions business.”

Source: Synopsys Q3 FY26 release, Aug 26, 2026.

This is the company's own guidance as of Aug 26, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the SNPS forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

Total revenue (converted from the thousands each release prints) and GAAP diluted EPS from continuing operations, each as first reported in that quarter's release. Ansys is included from July 17, 2025.

Synopsys's next report is scheduled for December 8, 2026. This page will show Q3 fiscal 2026 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 fiscal 2026 (this page), reported Aug 26, 2026

Synopsys reported revenue of $2.477 billion for Q3 fiscal 2026, compared to $1.740 billion a year earlier. Design Automation, which includes its EDA chip design and verification software and hardware and the Ansys simulation and analysis products, was $2,003.0 million, or 80.9% of the total. Design IP, its logic libraries, embedded memories and interface and security IP, was $473.8 million, up 11%. (Synopsys Q3 FY26 release (Form 8-K, Exhibit 99.1), Aug 26, 2026; Synopsys Form 10-Q, Q3 FY26, Aug 26, 2026)

Most of the growth came from the Ansys acquisition, completed on July 17, 2025 for about $34.9 billion. Synopsys says Ansys contributed $622.2 million of the increase in the quarter, because the year-ago quarter held only a partial period of Ansys, and that growth also reflected broad-based strength across the business. (Synopsys Form 10-Q, Q3 FY26, Aug 26, 2026)

By revenue type, Synopsys reported $1,002.8 million of time-based products revenue (40% of total, mostly EDA licenses recognized ratably over two to three year Technology Subscription License terms), $665.2 million of upfront products revenue (27%) and $808.8 million of maintenance and service. Upfront revenue, which includes IP, hardware and Ansys licenses, can swing from quarter to quarter with customer timing. (Synopsys Form 10-Q, Q3 FY26, Aug 26, 2026; Synopsys Q3 FY26 release (Form 8-K, Exhibit 99.1), Aug 26, 2026)

Synopsys's backlog of contracted but unsatisfied performance obligations was $10.9 billion at July 31, 2026, including $1.9 billion of non-cancellable Flexible Spending Account commitments; about 49% of it, excluding those commitments, is expected to be recognized within 12 months. By geography, the United States accounted for about 42.5% of quarterly revenue, with Europe, Korea and China the next largest regions. (Synopsys Form 10-Q, Q3 FY26, Aug 26, 2026)

Synopsys's GAAP diluted EPS was $2.84 in Q3 fiscal 2026, against non-GAAP EPS of $3.91. Non-GAAP excludes amortization of acquired intangible assets ($402.4 million, up from $74.9 million a year earlier, before Ansys was in the results for a full quarter), stock-based compensation ($231.6 million) and restructuring charges. This quarter GAAP was helped by a $425.4 million pre-tax gain on selling the Processor IP Solutions business, recorded in other income and removed from non-GAAP as an acquisition/divestiture related item. (Synopsys Q3 FY26 release (Form 8-K, Exhibit 99.1), Aug 26, 2026; Synopsys Form 10-Q, Q3 FY26, Aug 26, 2026)

Synopsys's GAAP effective tax rate was 20.2% and its non-GAAP tax rate 18.0%. Diluted share count rose to 192,319 thousand from 161,682 thousand, mainly because Synopsys issued 30.0 million shares as part of the Ansys consideration. Under its repurchase program, $1.7 billion remained available at July 31, 2026. (Synopsys Q3 FY26 release (Form 8-K, Exhibit 99.1), Aug 26, 2026; Synopsys Form 10-Q, Q3 FY26, Aug 26, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Synopsys gives quarterly and full-year targets in its release. For Q4 fiscal 2026 it targets revenue of $2,530 million to $2,580 million, GAAP EPS of $0.60 to $0.85 and non-GAAP EPS of $4.10 to $4.16. For the full fiscal year it raised its targets to revenue of $9,690 million to $9,740 million ($9.715 billion at the midpoint) and non-GAAP EPS of $15.04 to $15.10. (Synopsys Q3 FY26 release (Form 8-K, Exhibit 99.1), Aug 26, 2026)

The full-year revenue target includes $2.98 billion of expected Ansys revenue and the effect of divesting the Optical Solutions Group, PowerArtist RTL and Processor IP Solutions businesses. The targets assume no further changes to export control restrictions or the U.S. government Entity List restrictions. (Synopsys Q3 FY26 release (Form 8-K, Exhibit 99.1), Aug 26, 2026)

A consensus figure is the average of the models published by the analysts who cover Synopsys, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Synopsys's own release and filings put weight on for Q3 fiscal 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning SNPS is on is SNPS a buy or a sell?, what analysts expect next is on the SNPS forecast, and what the company does is on the Synopsys (SNPS) stock page.

Every number on this page can be traced to a document Synopsys published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.