Aug 26, 4:21 PM ET
Synopsys reported third-quarter fiscal 2026 revenue of $2.477 billion, up from $1.740 billion a year earlier, and GAAP earnings of $2.84 per diluted share versus $1.50. The company raised its full-year fiscal 2026 revenue and non-GAAP EPS expectations, citing AI-driven demand, which signals stronger expected results for shareholders.
- Q3 revenue was $2.477 billion versus $1.740 billion in Q3 fiscal 2025.
- Q3 non-GAAP EPS was $3.91 versus $3.39; GAAP EPS was $2.84 versus $1.50.
- Full-year fiscal 2026 revenue midpoint raised to $9.715 billion; non-GAAP EPS midpoint raised to $15.07.
- Q4 fiscal 2026 non-GAAP EPS target range is $4.10 to $4.16 on revenue of $2.530 billion to $2.580 billion.
Read the filing on SEC.gov ↗
Aug 12, 9:15 AM ET
Synopsys said General Counsel and Corporate Secretary Janet Lee will leave that role effective the earlier of December 31, 2026, or the appointment of her successor. She will then move to an advisory role through June 30, 2027, or a later date set by Synopsys, to support a smooth transition.
- Janet Lee will no longer serve as General Counsel and Corporate Secretary.
- Departure is effective the earlier of December 31, 2026, or the appointment of a successor.
- Lee will serve in an advisory role until June 30, 2027, or a later date set by Synopsys.
- The filing was announced August 12, 2026.
Read the filing on SEC.gov ↗
May 27, 4:15 PM ET
Synopsys entered a Cooperation Agreement dated May 26, 2026 with Elliott Investment Management and related funds. Under the agreement, Jesse Cohn, a Managing Partner at Elliott, joins the Synopsys board effective June 1, 2026, and the board grows to 11 members. The agreement adds a board seat for an activist investor and sets standstill and voting commitments that limit Elliott's stake.
- Agreement dated May 26, 2026; Cohn's term runs to the 2027 annual meeting, effective June 1, 2026
- Cohn joins the Corporate Governance and Nominating Committee and is included in the 2027 slate of nominees
- Elliott may not exceed 4.9% beneficial ownership or 7.5% aggregate economic exposure during the Cooperation Period
- The Cooperation Period lasts until the later of the first anniversary of the agreement or ten days after Cohn leaves the board
Read the filing on SEC.gov ↗
May 27, 4:13 PM ET
Synopsys reported second-quarter fiscal 2026 revenue of $2.276 billion, up from $1.604 billion a year earlier, and raised its full-year revenue and non-GAAP EPS targets. GAAP net income fell to $17.1 million, or $0.09 per diluted share, from $349.2 million a year earlier, and included $115.9 million in restructuring charges.
- Q2 revenue $2.276 billion vs $1.604 billion a year earlier; non-GAAP EPS $3.35 vs $3.67.
- GAAP net income $17.1 million ($0.09 per diluted share) vs $349.2 million ($2.24) a year earlier.
- Full-year fiscal 2026 revenue midpoint raised to $9.665 billion from $9.610 billion; non-GAAP EPS midpoint raised to $14.76.
- Investor Day planned for Sept. 30, 2026.
Read the filing on SEC.gov ↗
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