Synopsys (SNPS) Revenue & Revenue Breakdown

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Synopsys Revenue Highlights

Latest Revenue (Y)

$5.84B

Latest Revenue (Q)

$1.53B

Main Segment (Y)

Product

Main Geography (Y)

UNITED STATES

Synopsys Revenue by Period

Synopsys Revenue by Year

Date	Revenue	Change
2023-10-31	$5.84B	14.98%
2022-10-31	$5.08B	20.87%
2021-10-31	$4.20B	14.08%
2020-10-31	$3.69B	9.66%
2019-10-31	$3.36B	7.68%
2018-10-31	$3.12B	14.54%
2017-10-31	$2.72B	12.48%
2016-10-31	$2.42B	8.04%
2015-10-31	$2.24B	8.98%
2014-10-31	$2.06B	4.85%
2013-10-31	$1.96B	11.74%
2012-10-31	$1.76B	14.35%
2011-10-31	$1.54B	11.23%
2010-10-31	$1.38B	1.52%
2009-10-31	$1.36B	1.73%
2008-10-31	$1.34B	10.27%
2007-10-31	$1.21B	10.67%
2006-10-31	$1.10B	10.45%
2005-10-31	$991.93M	-9.17%
2004-10-31	$1.09B	-7.21%
2003-10-31	$1.18B	29.83%
2002-10-31	$906.53M	33.25%
2001-10-31	$680.35M	-13.20%
2000-10-31	$783.78M	-2.77%
1999-09-30	$806.10M	12.29%
1998-09-30	$717.90M	43.84%
1997-09-30	$499.10M	41.19%
1996-09-30	$353.50M	33.15%
1995-09-30	$265.50M	35.46%
1994-09-30	$196.00M	81.48%
1993-09-30	$108.00M	-

Synopsys generated $5.84B in revenue during NA 2023, up 14.98% compared to the previous quarter, and up 187.20% compared to the same period a year ago.

Synopsys Revenue by Quarter

Date	Revenue	Change
2024-07-31	$1.53B	4.81%
2024-04-30	$1.46B	-11.73%
2024-01-31	$1.65B	3.13%
2023-10-31	$1.60B	7.52%
2023-07-31	$1.49B	6.63%
2023-04-30	$1.39B	2.46%
2023-01-31	$1.36B	6.00%
2022-10-31	$1.28B	2.93%
2022-07-31	$1.25B	-2.46%
2022-04-30	$1.28B	0.71%
2022-01-31	$1.27B	10.23%
2021-10-31	$1.15B	9.01%
2021-07-31	$1.06B	3.20%
2021-04-30	$1.02B	5.57%
2021-01-31	$970.32M	-5.38%
2020-10-31	$1.03B	6.36%
2020-07-31	$964.13M	11.94%
2020-04-30	$861.33M	3.23%
2020-01-31	$834.38M	-1.96%
2019-10-31	$851.08M	-0.22%
2019-07-31	$852.97M	2.00%
2019-04-30	$836.24M	4.78%
2019-01-31	$798.06M	0.37%
2018-10-31	$795.08M	1.97%
2018-07-31	$779.71M	0.37%
2018-04-30	$776.84M	0.96%
2018-01-31	$769.43M	10.45%
2017-10-31	$696.64M	0.18%
2017-07-31	$695.38M	2.25%
2017-04-30	$680.07M	4.18%
2017-01-31	$652.79M	3.01%
2016-10-31	$633.72M	3.01%
2016-07-31	$615.20M	1.69%
2016-04-30	$605.00M	6.40%
2016-01-31	$568.60M	-3.16%
2015-10-31	$587.16M	5.64%
2015-07-31	$555.80M	-0.25%
2015-04-30	$557.20M	2.80%
2015-01-31	$542.04M	0.56%
2014-10-31	$539.01M	3.30%
2014-07-31	$521.81M	0.79%
2014-04-30	$517.70M	8.09%
2014-01-31	$478.95M	-5.13%
2013-10-31	$504.88M	4.54%
2013-07-31	$482.94M	-3.27%
2013-04-30	$499.26M	5.08%
2013-01-31	$475.14M	4.61%
2012-10-31	$454.21M	2.36%
2012-07-31	$443.75M	2.59%
2012-04-30	$432.56M	1.66%
2012-01-31	$425.50M	8.95%
2011-10-31	$390.53M	0.97%
2011-07-31	$386.80M	-1.75%
2011-04-30	$393.67M	7.96%
2011-01-31	$364.64M	-2.88%
2010-10-31	$375.46M	11.44%
2010-07-31	$336.93M	-0.35%
2010-04-30	$338.11M	2.40%
2010-01-31	$330.17M	-2.40%
2009-10-31	$338.28M	-2.00%
2009-07-31	$345.18M	2.48%
2009-04-30	$336.83M	-0.86%
2009-01-31	$339.75M	-3.70%
2008-10-31	$352.81M	2.52%
2008-07-31	$344.13M	6.03%
2008-04-30	$324.55M	2.88%
2008-01-31	$315.46M	-

Synopsys generated $1.53B in revenue during Q3 2024, up 4.81% compared to the previous quarter, and up 109.38% compared to the same period a year ago.

Synopsys Revenue Breakdown

Synopsys Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Oct 23	Oct 22	Oct 21	Oct 20	Oct 19
Product	$4.81B	$4.22B	-	-	-
License and Maintenance	$3.38B	$2.99B	$2.63B	$2.37B	-
Technology Service	$1.03B	$861.03M	$709.37M	$584.51M	-
License	$1.43B	$1.23B	$861.06M	$735.57M	-
Sales Based Royalties	-	-	-	-	$80.00M

Synopsys's latest annual revenue breakdown by segment (product or service), as of Oct 23: Product (45.17%), License and Maintenance (31.75%), License (13.41%), and Technology Service (9.66%).

Quarterly Revenue by Product

Product/Service	Jul 24	Apr 24	Oct 23	Jul 23	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 19	Jul 19	Apr 19
Technology Service	$280.07M	$276.61M	$279.70M	$242.37M	$222.89M	$224.86M	$218.78M	$194.50M	$190.04M	$188.27M	$166.41M	$164.65M	$174.69M	$141.14M	$141.47M	$127.22M	-	-	-	-
License and Maintenance	$803.15M	$781.71M	$870.25M	$782.31M	$808.16M	$754.32M	$723.82M	$707.48M	$688.12M	$665.56M	$648.79M	$631.29M	$606.60M	$612.07M	$590.10M	$556.44M	-	-	-	-
License	$442.53M	$396.39M	$449.18M	$336.66M	$253.25M	$268.58M	$336.63M	$368.27M	$274.26M	$203.30M	$209.12M	$174.38M	$244.16M	$210.93M	$129.76M	$150.72M	-	-	-	-
Product	-	-	$1.32B	$1.12B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales Based Royalties	-	-	-	$24.20M	$15.20M	$17.50M	$28.50M	-	-	-	-	-	-	-	-	-	-	-	-	-

Synopsys's latest quarterly revenue breakdown by segment (product or service), as of Jul 24: License and Maintenance (52.64%), License (29.00%), and Technology Service (18.36%).

Synopsys Revenue Breakdown by Country

Annual Revenue by Country

Country	Oct 23	Oct 22	Oct 21	Oct 20	Oct 19
UNITED STATES	$2.79B	$2.35B	$1.95B	$1.77B	$1.68B
Asia Pacific And Other	$939.86M	$709.45M	-	-	-
KOREA, REPUBLIC OF	$634.80M	$531.54M	$427.47M	$389.01M	$353.36M
CHINA	$886.26M	$795.40M	$562.71M	$420.83M	-
Europe	$595.63M	$493.43M	$440.82M	$385.29M	$349.03M
Other Geographic Region	$939.86M	-	-	-	-
Other	-	$911.40M	$821.22M	$715.81M	-
JAPAN	-	-	-	-	$272.68M

Synopsys's latest annual revenue breakdown by geography, as of Oct 23: UNITED STATES (41.08%), Asia Pacific And Other (13.86%), Other Geographic Region (13.86%), CHINA (13.07%), KOREA, REPUBLIC OF (9.36%), and Europe (8.78%).

Quarterly Revenue by Country

Country	Jul 24	Apr 24	Oct 23	Jul 23	Jan 23	Jul 22	Apr 22	Jan 22	Jul 21	Apr 21	Jan 21	Jul 20	Apr 20	Jan 20	Jul 19	Apr 19	Jan 19	Jul 18	Apr 18
KOREA, REPUBLIC OF	$194.82M	$192.68M	$168.26M	$163.94M	$145.79M	$125.31M	$119.21M	$114.36M	$110.54M	$105.39M	$98.25M	$96.34M	$105.31M	$89.52M	-	-	-	-	-
UNITED STATES	$660.48M	$630.77M	$812.72M	$640.15M	$671.78M	$575.33M	$577.88M	$610.33M	$477.22M	$471.72M	$468.70M	$432.69M	$404.39M	$408.49M	$407.41M	$416.74M	$407.80M	$365.41M	$376.64M
CHINA	$266.70M	$221.82M	$188.03M	$304.02M	$197.78M	$189.14M	$215.56M	$212.82M	$164.17M	$125.52M	$115.77M	-	-	-	-	-	-	-	-
Other Countries	$259.12M	$261.97M	$233.55M	$210.98M	$230.71M	$250.38M	$200.03M	$192.33M	-	-	-	-	-	-	-	-	-	-	-
Europe	$144.63M	$147.48M	$158.04M	$145.63M	$135.01M	$127.29M	$116.19M	$132.72M	$112.88M	$106.16M	$105.17M	$94.30M	$89.28M	$94.37M	$90.07M	$83.54M	$83.89M	$90.66M	$97.01M
Technology Service	-	-	-	-	$242.37M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product	-	-	-	-	$1.12B	-	-	-	-	-	-	-	-	-	-	-	-	-	-
License	-	-	-	-	$336.66M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
License and Maintenance	-	-	-	-	$782.31M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asia Pacific And Other	-	-	-	-	-	-	-	-	-	$215.54M	$182.42M	$262.98M	$181.80M	$169.78M	$289.78M	$263.25M	$263.64M	$251.66M	$232.75M
JAPAN	-	-	-	-	-	-	-	-	-	-	-	$77.82M	$80.54M	$72.23M	$65.71M	$72.70M	$65.07M	$71.98M	$70.44M

Synopsys's latest quarterly revenue breakdown by geography, as of Jul 24: UNITED STATES (43.29%), CHINA (17.48%), Other Countries (16.98%), KOREA, REPUBLIC OF (12.77%), and Europe (9.48%).

Synopsys Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
ADBE	Adobe	$19.41B	$5.41B
PANW	Palo Alto Networks	$8.03B	$2.14B
SNPS	Synopsys	$5.84B	$1.53B
CRWD	CrowdStrike	$3.06B	$1.01B
ZS	Zscaler	$2.17B	$627.96M
NTNX	Nutanix	$2.15B	$590.96M
MDB	MongoDB	$1.68B	$529.38M
PATH	UiPath	$1.31B	$316.25M
NET	Cloudflare	$1.30B	$430.08M
OKTA	Okta	$2.26M	$665.00M

SNPS Revenue FAQ

What is Synopsys’s yearly revenue?

Synopsys's yearly revenue for 2023 was $5.84B, representing an increase of 14.98% compared to 2022. The company's yearly revenue for 2022 was $5.08B, representing an increase of 20.87% compared to 2021. SNPS's yearly revenue for 2021 was $4.2B, representing an increase of 14.08% compared to 2020.

What is Synopsys’s quarterly revenue?

Synopsys's quarterly revenue for Q3 2024 was $1.53B, a 4.81% increase from the previous quarter (Q2 2024), and a 2.59% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.46B, a -11.73% decrease from the previous quarter (Q1 2024), and a 4.36% increase year-over-year (Q2 2023). SNPS's quarterly revenue for Q1 2024 was $1.65B, a 3.13% increase from the previous quarter (Q4 2023), and a 21.15% increase year-over-year (Q1 2023).

What is Synopsys’s revenue growth rate?

Synopsys's revenue growth rate for the last 3 years (2021-2023) was 38.97%, and for the last 5 years (2019-2023) was 73.85%.

What are Synopsys’s revenue streams?

Synopsys's revenue streams in t 23 are Product, License and Maintenance, Technology Service, and License. Product generated $4.81B in revenue, accounting 45.17% of the company's total revenue, up 14.04% year-over-year. License and Maintenance generated $3.38B in revenue, accounting 31.75% of the company's total revenue, up 13.02% year-over-year. Technology Service generated $1.03B in revenue, accounting 9.66% of the company's total revenue, up 19.58% year-over-year. License generated $1.43B in revenue, accounting 13.41% of the company's total revenue, up 16.52% year-over-year.

What is Synopsys’s main source of revenue?

For the fiscal year ending Oct 23, the largest source of revenue of Synopsys was Product. This segment made a revenue of $4.81B, representing 45.17% of the company's total revenue.