Synopsys reported second quarter fiscal 2026 revenue of $2.276 billion and non-GAAP EPS of $3.35, exceeding analyst expectations. The company also raised its full-year guidance for both revenue and non-GAAP EPS, citing strong business performance and an accounting impact related to its recent Ansys acquisition.
Key Highlights
- Management raised its full-year 2026 revenue guidance to a midpoint of $9.665 billion and its non-GAAP EPS forecast to a midpoint of $14.76, citing strong cost discipline and accelerating synergies.
- The Design Automation segment reported revenue of $1.82 billion for the quarter, while the Design IP segment posted revenue of $454.2 million, exceeding estimates.
- The updated annual revenue forecast includes a $35 million increase from business performance and a $60 million benefit from Ansys channel accounting, partly offset by a $40 million impact from the Processor IP Solutions divestiture.