Stock Analysis on Net
Stock Analysis on Net

Synopsys Inc. (NASDAQ:SNPS) 

Common-Size Income Statement

Synopsys Inc., common-size consolidated income statement

Microsoft Excel
12 months ended: Oct 31, 2024 Oct 31, 2023 Oct 31, 2022 Oct 31, 2021 Oct 31, 2020 Oct 31, 2019
Time-based products 52.62 57.91 58.91 62.65 64.18 65.40
Upfront products 29.41 24.46 24.14 20.48 19.96 18.44
Products revenue 82.03% 82.38% 83.06% 83.13% 84.14% 83.84%
Maintenance and service 17.97 17.62 16.94 16.87 15.86 16.16
Revenue 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Products -12.57 -13.07 -12.87 -12.89 -13.22 -13.66
Maintenance and service -5.99 -6.57 -6.75 -6.45 -6.92 -6.97
Amortization of intangible assets -1.76 -1.28 -1.32 -1.15 -1.42 -1.77
Cost of revenue -20.32% -20.92% -20.93% -20.50% -21.56% -22.40%
Gross margin 79.68% 79.08% 79.07% 79.50% 78.44% 77.60%
Research and development -33.98 -33.32 -33.07 -35.79 -34.71 -33.83
Sales and marketing -14.02 -15.22 -15.35 -16.95 -17.15 -18.83
General and administrative -9.28 -7.02 -6.96 -7.68 -7.72 -6.82
Amortization of acquired intangible assets -0.27 -0.48 -0.59 -0.81 -1.05 -1.23
Restructuring charges 0.00 -1.32 -0.24 -0.79 -0.98 -1.40
Operating expenses -57.55% -57.36% -56.20% -62.02% -61.61% -62.12%
Operating income 22.13% 21.72% 22.87% 17.48% 16.83% 15.48%
Interest income 1.09 0.63 0.17 0.06 0.10 0.20
Interest expense -0.57 -0.02 -0.03 -0.08 -0.14 -0.35
Gains (losses) on assets related to deferred compensation plan 1.39 0.35 -1.35 1.70 0.58 0.83
Gain on sale of strategic investments 0.90 0.00 0.00 0.00 0.00 0.00
Foreign currency exchange gains (losses) 0.10 -0.03 0.09 0.13 0.15 0.11
Other, net -0.33 -0.38 0.21 -0.12 -0.20 -0.04
Other income (expense), net 2.58% 0.56% -0.92% 1.68% 0.49% 0.75%
Income before income taxes 24.71% 22.28% 21.95% 19.16% 17.32% 16.23%
(Provision) benefit for income taxes -1.63 -1.43 -2.70 -1.17 0.69 -0.39
Net income from continuing operations 23.08% 20.85% 19.25% 17.99% 18.00% 15.84%
Income from discontinued operations, net of income taxes 13.41 0.00 0.00 0.00 0.00 0.00
Net income 36.49% 20.85% 19.25% 17.99% 18.00% 15.84%
Net loss attributed to non-controlling interest and redeemable non-controlling interest 0.45 0.20 0.12 0.03 0.02 0.00
Net income attributed to Synopsys 36.94% 21.05% 19.38% 18.02% 18.03% 15.84%

Based on: 10-K (reporting date: 2024-10-31), 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Synopsys Inc. operating income as a percentage of revenue decreased from 2022 to 2023 but then slightly increased from 2023 to 2024.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Synopsys Inc. income before income taxes as a percentage of revenue increased from 2022 to 2023 and from 2023 to 2024.
Net income attributed to Synopsys The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Synopsys Inc. net income attributed to Synopsys as a percentage of revenue increased from 2022 to 2023 and from 2023 to 2024.