Synopsys Q2 FY2026: revenue $2.28 billion and raised guidance, shares fall

Synopsys reported second-quarter fiscal 2026 revenue of $2.276 billion, up 42% from $1.604 billion, and non-GAAP EPS of $3.35. Design Automation reached $1.82 billion, while Design IP fell to $454 million and its adjusted operating margin was 24.4%. The company raised its full-year revenue midpoint to $9.665 billion and non-GAAP EPS midpoint to $14.76, but the shares fell on May 28 despite the beat as investors focused on the Design IP weakness.

• Revenue $2.276B vs $1.604B a year earlier; GAAP EPS $0.09; non-GAAP EPS $3.35 vs $3.67
• Design Automation $1,821.8M; Design IP $454.2M vs $482.0M, adjusted operating margin 24.4%
• Q3 guidance: revenue $2.410B to $2.460B; non-GAAP EPS $3.63 to $3.69
• FY2026 guidance raised: revenue $9.625B to $9.705B; non-GAAP EPS $14.72 to $14.80
• Investor Day set for September 30, 2026

SEC filing 8-K · accession 0001193125-26-241911 · sec.gov ↗