OverviewSuggest Edit

Synopsys is a provider of products and services used by designers across the silicon-to-software spectrum. The company supplies the electronic design automation (EDA) software, hardware, pre-designed circuits and provides technical services and support to help engineers design and test integrated circuits (ICs) and electronic systems. It serves a wide variety of industries, including electronics, financial services, media, automotive, medicine, energy, and industrials.

TypePublic
Founded1986
HQMountain View, US
Websitesynopsys.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Oct 2019)13,896(+5%)
Job Openings626
Revenue (FY, 2019)$3.4 B(+8%)
Share Price (Sept 2020)$197.9 (-1%)
Cybersecurity ratingBMore

Key People/Management at Synopsys

Aart de Geus

Aart de Geus

Chairman and Co-Chief Executive Officer
Chi-Foon Chan

Chi-Foon Chan

President, Co-Chief Executive Officer & Director
Janice D. Chaffin

Janice D. Chaffin

Director
Trac Pham

Trac Pham

Chief Financial Officer
Steven C. Walske

Steven C. Walske

Director
Rick Runkel

Rick Runkel

General Counsel
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Synopsys Office Locations

Synopsys has offices in Mountain View, Addison, Allentown, Atlanta and in 103 other locations
Mountain View, US (HQ)
690 E Middlefield Rd
Addison, US
5080 Spectrum Dr #1000
Allentown, US
1110 American Pkwy Suite F-120
Atlanta, US
3390 Peachtree Rd NE #325
Austin, US
1301 S MoPac Expy Bldg 4, Suite 200
Bellevue, US
601 108th Ave NE #1900
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Synopsys Financials and Metrics

Synopsys Revenue

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Synopsys's revenue was reported to be $3.36 b in FY, 2019
USD

Revenue (Q3, 2020)

964.1m

Gross profit (Q3, 2020)

771.1m

Gross profit margin (Q3, 2020), %

80%

Net income (Q3, 2020)

252.4m

EBIT (Q3, 2020)

210.6m

Market capitalization (18-Sept-2020)

30.0b

Closing stock price (18-Sept-2020)

197.9

Cash (31-Jul-2020)

1.0b

EV

29.1b
Synopsys's current market capitalization is $30 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

2.4b2.7b3.1b3.4b

Revenue growth, %

8%12%15%

Cost of goods sold

543.0m654.2m735.9m752.9m

Gross profit

1.9b2.1b2.4b2.6b
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

976.6m1.0b723.1m728.6m

Accounts Receivable

438.9m451.1m554.2m553.9m

Prepaid Expenses

104.7m134.8m67.5m290.1m

Inventories

122.4m141.5m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

266.8m136.6m432.5m532.4m

Depreciation and Amortization

207.0m189.4m209.2m201.7m

Inventories

(66.5m)(19.2m)

Accounts Payable

19.0m137.6m49.0m(19.3m)
USDFY, 2016

Revenue/Employee

227.1k

Debt/Equity

0.1 x

Financial Leverage

1.6 x
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Synopsys Operating Metrics

Synopsys's Backlog was reported to be $4b in FY, 2018. Synopsys's Enterprise Customers was reported to be 4 k in Q3, 2019.
FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018Q3, 2019

Backlog

$3.50 b$3.60 b$3.50 b$3.70 b$4 b

Patents Issued

2.10 k2.50 k2.60 k2.70 k3.10 k

Locations

98 110 103 112 120

Enterprise Customers

4 k
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Synopsys Acquisitions / Subsidiaries

Company NameDateDeal Size
QTronic GmbHAugust 06, 2019
Black Duck SoftwareNovember 02, 2017$565 m
SidenseOctober 17, 2017
QuantumWiseSeptember 18, 2017
ForcheckJanuary 10, 2017
CigitalNovember 07, 2016
CodiscopeNovember 07, 2016
Gold Standard SimulationsMay 23, 2016
SimplewareMay 17, 2016
WinterLogicMarch 03, 2016
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Synopsys Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Synopsys Revenue Breakdown

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Synopsys revenue breakdown by business segment: 14.7% from Maintenance and Professional Service, 11.5% from Upfront Products and 73.8% from Time-Based Products

Synopsys revenue breakdown by geographic segment: 9.1% from Japan, 11.8% from Europe, 48.3% from United States and 30.8% from Asia Pacific and Other

Synopsys Online and Social Media Presence

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Synopsys News and Updates

Synopsys and Nestwave Collaborate to Develop a Low-Power Geolocation IP Solution for IoT Modems

Combination of Synopsys' ARC IoT Communications IP Subsystem with Nestwave's Geolocation IP Eliminates the Need for a Dedicated Positioning Chipset.read more

Application Protection Market Next Big Thing | Major Giants Veracode, Synopsys, IBM

What's Ahead in the Global Application Protection Market? Benchmark yourself with strategic steps and conclusions recently published by AMA Posted via Industry Today. Follow us on Twitter @IndustryToday

Static Code Analysis Software Market to See Massive Growth by 2025 | JetBrains, Codacy, Checkmarx, Synopsys

Global Static Code Analysis Software Market Report from AMA Researchhighlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns& country along with competitive landscape, players market shares, and strategies that are key in the market. T…

DevSecOps Market Worth Observing Growth: Qualys, Chef Software, MicroFocus, Synopsys

Stay up-to-date with DevSecOps Market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth. Posted via Industry Today. Follow us on Twitter @IndustryToday

Synopsys Broadens Collaboration with EPFL

MOUNTAIN VIEW, Calif., June 26, 2020 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced it has broadened its ongoing academic collaboration by entering into an agreement to license novel digital synthesis technologies from EPFL, the Swiss Federal Institute of Technology in...

Synopsys Sets Target for 25 Percent Greenhouse Gas Emissions Reduction by 2024

In addition, Synopsys has achieved CarbonNeutral ® certification across its global operations for the second consecutive year, offsetting approximately 90,000 metric tons of carbon dioxide equivalent in 2020. The reduction of emissions and neutralization of the company's carbon footprint reflect Syn…
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Synopsys Frequently Asked Questions

  • When was Synopsys founded?

    Synopsys was founded in 1986.

  • Who are Synopsys key executives?

    Synopsys's key executives are Aart de Geus, Chi-Foon Chan and Janice D. Chaffin.

  • How many employees does Synopsys have?

    Synopsys has 13,896 employees.

  • What is Synopsys revenue?

    Latest Synopsys annual revenue is $3.4 b.

  • What is Synopsys revenue per employee?

    Latest Synopsys revenue per employee is $241.8 k.

  • Who are Synopsys competitors?

    Competitors of Synopsys include Ansys, PDF Solutions and Micro Focus.

  • Where is Synopsys headquarters?

    Synopsys headquarters is located at 690 E Middlefield Rd, Mountain View.

  • Where are Synopsys offices?

    Synopsys has offices in Mountain View, Addison, Allentown, Atlanta and in 103 other locations.

  • How many offices does Synopsys have?

    Synopsys has 122 offices.