Synopsys reported Q1 FY2026 revenue of USD 2.409 billion (up 65.5%), with GAAP net income attributable to shareholders of USD 65.0 million and GAAP diluted EPS of USD 0.34. Non-GAAP net income was USD 718.5 million and non-GAAP diluted EPS was USD 3.77. Q1 segment revenue was USD 2.002 billion from Design Automation and USD 407.0 million from Design IP. Synopsys reiterated its FY2026 revenue outlook at a USD 9.61 billion midpoint, including USD 2.9 billion of expected Ansys revenue, and guided Q2 FY2026 revenue to USD 2.225 billion–USD 2.275 billion. The company’s board approved a replenishment of its stock repurchase program, authorizing up to USD 2.0 billion of common stock repurchases. Management commentary cited AI-driven demand for system-level and semiconductor R&D and increasing AI capabilities across its portfolio, and noted positioning to address engineering challenges “from silicon to systems.”

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