Synopsys Posts Financial Results for Second Quarter Fiscal Year 2023

 

SYNOPSYS, INC.

Business Segment Reporting (1)(3)

(in millions)



Three Months Ended


Three Months Ended


Six Months Ended


Six Months Ended


April 30, 2023


April 30, 2022


April 30, 2023


April, 2022

Revenue by segment








- Design Automation

$                       927.6


$                       817.8


$              1,817.4


$             1,621.7

% of Total

66.5 %


64.0 %


66.0 %


63.7 %

- Design IP

$                       335.2


$                       348.5


$                678.8


$                707.4

% of Total

24.0 %


27.2 %


24.6 %


27.7 %

- Software Integrity

$                       132.1


$                       112.9


$                260.0


$                220.4

% of Total

9.5 %


8.8 %


9.4 %


8.6 %

Total segment revenue

$                    1,394.9


$                    1,279.2


$              2,756.2


$             2,549.5









Adjusted operating income by segment








- Design Automation

$                       360.1


$                       321.4


$                706.1


$                614.7

- Design IP

$                         86.3


$                       135.7


$                203.9


$                289.9

- Software Integrity

$                         18.3


$                         13.0


$                  33.8


$                  25.0

Total adjusted segment operating income

$                       464.7


$                       470.2


$                943.9


$                929.5









Adjusted operating margin by segment








- Design Automation

38.8 %


39.3 %


38.9 %


37.9 %

- Design IP

25.8 %


38.9 %


30.0 %


41.0 %

- Software Integrity

13.9 %


11.5 %


13.0 %


11.4 %

Total adjusted segment operating margin

33.3 %


36.8 %


34.2 %


36.5 %


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