SNPS Synopsys (SNPS) Q3 FY26 earnings call
Synopsys delivered an outstanding quarter, with broad-based strength across its portfolio, exceeding guidance across key financial metrics. The company is capitalizing on AI-driven demand for advanced silicon and system-level engineering, with EDA accelerating, IP returning to growth, and ANSYS performing strongly. Management is focused on integrating capabilities and leveraging AI to drive sustainable growth and margin expansion, with an upcoming Investor Day to detail long-term strategy.
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SNPS operating KPIs by quarter
| KPI | Jan 2025 Q1 FY25 | Apr 2025 Q2 FY25 | Jul 2025 Q3 FY25 | Oct 2025 Q4 FY25 | Jan 2026 Q1 FY26 | Apr 2026 Q2 FY26 | This call Jul 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|---|---|---|---|---|
| Backlog | $7.7BThe backlog exiting Q1 is $7.7 billion.Source: earnings call transcript | $8.1BBacklog came in at $8.1 billion, up $400 million quarter-on-quarter.Source: earnings call transcript | $10.1BBacklog came in at $10.1 billion, including Ansys, underscoring the resilience of our business.Source: earnings call transcript | $11.4BBacklog came in at $11.4 billion, up from $10.1 billion last quarter, driven by strength in bookings across the business.Source: earnings call transcript | $11.3BBacklog ended at $11.3 billion, underscoring our strong and resilient business model.Source: earnings call transcript | $11BBacklog ended at $11 billion.Source: earnings call transcript | $10.9BBacklog remained very strong at $10.9 billion, modestly down quarter-over-quarter due to the divestiture of the processor IP solutions business that closed in Q3.Source: earnings call transcript | -0.9% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.