Synopsys Q1 Earnings Surpass Estimates, Revenues Rise Y/Y

Key Takeaways SNPS posted Q1 EPS of $3.77, up 24.4% Y/Y, with revenues climbing 65.5% to $2.41B.SNPS' Design Automation revenues jumped 96%, with Ansys contributing 36.8% of total sales.Synopsys guided fiscal 2026 revenues to be $9.56-$9.66B and non-GAAP EPS of $14.38-$14.46.Synopsys (SNPS) reported non-GAAP earnings of $3.77 per share for the first quarter of fiscal 2026, which beat the Zacks Consensus Estimate by 5.6%. The bottom line increased 24.4% on a year-over-year basis.Synopsys’ earnings beat the Z ...