For the fiscal year ended October 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Address of principal executive offices) (Zip Code) (I.R.S. Employer Identification No.) For the transition period from to Commission File Number 0-19807 (650) 584-5000 (Registr ...

Financial Data and Key Metrics Changes - Synopsys reported a revenue increase of 14% to $4.2 billion, with more than 20% earnings growth and a non-GAAP operating margin of 30.5% [8][44] - Non-GAAP earnings per share rose to $6.84, reflecting a 23% increase year-over-year [43] - Operating cash flow reached a record $1.49 billion, with cash and short-term investments totaling $1.58 billion [45][41] Business Line Data and Key Metrics Changes - Semiconductor and System Design segment revenue was $3.8 billion, driven by broad-based strength across all product groups and geographies [44] - Software Integrity segment revenue increased by 10% to $394 million, with expectations to return to 15% to 20% growth in 2022 [44][31] - The IP business surpassed $1 billion in revenue, growing approximately 20% due to strong demand for outsourcing [16][44] Market Data and Key Metrics Changes - The company noted strong demand across various verticals, including automotive, high-performance computing, and AI, indicating a robust market environment [10][12] - Synopsys has secured approximately 500 IP wins in the automotive sector, reflecting the electrification and push for autonomous driving [18] Company Strategy and Development Direction - Synopsys is focusing on the "Smart Everything" era, emphasizing the integration of hardware and software to address complex design challenges [10][14] - The company is raising its long-term financial objectives, targeting strong double-digit revenue growth and mid-teens non-GAAP earnings per share growth [9][50] - Investments in AI and advanced technologies are expected to drive future growth, particularly in design automation and verification [22][90] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to meet growing customer demands, supported by a strong backlog of $6.9 billion [41][63] - The semiconductor industry is experiencing significant growth, with increased investments from various sectors, including hyperscalers and automotive companies [58][96] - Management highlighted the importance of security and software integrity in the evolving technological landscape, with a commitment to enhancing these areas [30][31] Other Important Information - The CFO, Trac Pham, announced plans to retire in fiscal 2022, with a commitment to ensure a smooth transition [37][39] - The company has launched a new partner program to expand its market reach and enhance customer engagement [32] Q&A Session Summary Question: Long-term guidance changes - Management indicated confidence in the upgraded long-term guidance due to strong customer commitments and market demand for advanced technologies [54][56] Question: Ending backlog details - The $6.9 billion backlog reflects strong business momentum and significant customer renewals, indicating confidence in future growth [62][63] Question: Customer engagement themes - Customers are increasingly focused on optimizing chip performance and integrating advanced technologies, driving demand for Synopsys' solutions [67][68] Question: EDA market growth assumptions - Management expects EDA growth to be in the double digits, supported by competitive technologies and customer alignment [76][78] Question: Impact of semiconductor pricing on business - Rising semiconductor prices are seen as a positive for Synopsys, as they enhance the value of advanced technologies and create opportunities for gradual price increases [99][100] Question: Backlog trajectory - Management did not provide specific guidance on future backlog levels but noted strong bookings and renewals contributing to the current backlog [106]

| --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------|--------------------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Corporate Overview | | | | | | | | | AUGUST 2021 for Investors | | | | | | | | | | | | | | | | | | | F o r w a r d - L o o k i n g S t a t e m e n t s This presentation contains forward-looking statements including, but not limited to, statements regarding Synopsys ...

| --- | --- | --- | |-------|-----------------------------------------------------------------------------------|---------------------------------------------------------| | I. | FINANCIAL SUPPLEMENT Q3 FY2021 August 18, 2021 \nCONTENTS \nFinancial Targets | USEFUL LINKS \nPress Release Webcast | | II. | Revenue by Product Group | Form 10-K FY2020 | | III. | Revenue by Geographic Region | Form 10-Q Q2 FY2021 | | IV. | Selected Financial and Operating Metrics | CONTACT | | V. | Reconciliations and Adjustment ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JULY 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER: 000-19807 SYNOPSYS, INC. (Exact name of registrant as specified in its charter) Delaware 56-1546236 (State or other jurisdiction of ...

Synopsys, Inc. (NASDAQ:SNPS) Q2 2021 Results Conference Call August 18, 2021 5:00 PM ET Company Participants Aart de Geus – Chairman and Co-Chief Executive Officer Lisa Ewbank – Vice President of Investor Relations Trac Pham – Chief Financial Officer Conference Call Participants Joe Vruwink – Baird Jackson Ader – JP Morgan Tom Diffely – D.A. Davidson Gary Mobley – Wells Fargo Jay Vleeschhouwer – Griffin Securities Gal Munda – Berenberg Jason Celino – KeyBanc Capital Markets John McPeake – Rosenblatt Operato ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------|--------------------|-------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Corporate Overview | | | | | | | | | | MAY 2021 for Investors | | | | | | | | | | | | | | | | | | | | | F o r w a r d - L o o k i n g S t a t e m e n t s This presentation contains forward-looking statements including, but not limited to, stateme ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED APRIL 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER: 000-19807 SYNOPSYS, INC. (Exact name of registrant as specified in its charter) Delaware 56-1546236 (State or other jurisdiction of ...

FINANCIAL SUPPLEMENT Q1 FY2021 February 17, 2021 | --- | --- | |-------|------------------------------------------| | | | | | CONTENTS | | I. | Financial Targets | | II. | Revenue by Product Group | | III. | Revenue by Geographic Region | | IV. | Selected Financial and Operating Metrics | USEFUL LINKS Press Release Webcast Form 10-K FY2020 V. Reconciliations and Adjustments VI. Notice to Investors CONTACT Synopsys, Inc. Investor Relations Phone: (650) 584-4257 Email: invest-info@synopsys.com I. FISCAL YEAR ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JANUARY 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER: 000-19807 SYNOPSYS, INC. (Exact name of registrant as specified in its charter) Delaware 56-1546236 (State or other jurisdiction ...