Synopsys Q3 2026 results beat guidance, citing EDA strength and Ansys outperformance

Reuters2026/08/26 23:18

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Synopsys posted fiscal Q3 revenue of $2.48 billion, up 42%, driven by EDA outperformance and strong Ansys demand.
Non-GAAP operating margin reached 41.6% on lower-than-expected costs, helped by operational efficiency and Ansys cost synergies.
EDA revenue rose 8.5%, supported by robust software results and record hardware-assisted verification; management expects double-digit EDA growth in Q4.
Design IP revenue rose 11% to $474 million as the portfolio shifted toward higher-value opportunities; management expects sequential growth in Q4.
Full-year guidance increased to $9.69-$9.74 billion revenue, $15.04-$15.10 non-GAAP EPS, free cash flow near $2.6 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Synopsys Inc. published the original content used to generate this news brief on August 26, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Synopsys Q3 2026 results beat guidance, citing EDA strength and Ansys outperformance

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