Filing Flows › Synopsys (SNPS) › Q3 FY26 › vs Q2 FY26
Synopsys (SNPS) Q3 FY26 vs Q2 FY26 (quarter over quarter)
Synopsys's revenue rose $201M (+9%) from $2.3B in Q2 FY26 to $2.5B in Q3 FY26. The biggest changes: Products +$176M (+12%); Maintenance and service +$24.7M (+3%). Gross margin 72.6% against 72.3% (+0.2 pts).
Synopsys, Q3 FY26: revenue $2.5B (+42% year over year), operating margin 14.4%, net earnings $546M, operating cash flow $813M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q3 FY26 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 72.6% | 72.3% | +0.2 pts |
| Operating margin | 14.4% | 5.3% | +9.1 pts |
| Net margin | 22.0% | 0.7% | +21.3 pts |
| Free cash flow margin | 30.1% | 25.3% | +4.9 pts |
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Time-based products | $1.0B | $946M | $57.2M | +6% |
| Upfront products | $665M | $546M | $119M | +22% |
| Products | $1.7B | $1.5B | $176M | +12% |
| Maintenance and service | $809M | $784M | $24.7M | +3% |
| Revenue | $2.5B | $2.3B | $201M | +9% |
| Gross profit | $1.8B | $1.6B | $151M | +9% |
| Cost of revenue | $679M | $630M | $49.5M | +8% |
| Other income, net | $326M | −$101M | $428M | — |
| Operating profit | $357M | $120M | $237M | +197% |
| Operating expenses | $1.4B | $1.5B | −$85.8M | -6% |
| Pre-tax earnings | $684M | $19.3M | $665M | 35× |
| Research & development | $720M | $700M | $19.6M | +3% |
| Sales & marketing | $386M | $382M | $3.9M | +1% |
| General & admin | $177M | $172M | $4.6M | +3% |
| Other operating costs | $157M | $271M | −$114M | -42% |
| Net earnings | $546M | $16.9M | $529M | 32× |
| Income tax | $138M | $2.4M | $136M | 57× |
| Depreciation & amortization | $455M | $456M | −$1.6M | -0.4% |
| Share-based compensation | $232M | $222M | $9.3M | +4% |
| Working capital & other | $419M | $66.7M | $353M | +528% |
| Operating cash flow | $813M | $629M | $184M | +29% |
| Free cash flow (OCF − capex) | $746M | $575M | $172M | +30% |
| Capital expenditures | $66.6M | $54.2M | $12.4M | +23% |
Questions
How much did Synopsys's revenue grow quarter over quarter in Q3 FY26?
Synopsys's revenue rose $201M (+9%) from $2.3B in Q2 FY26 to $2.5B in Q3 FY26.
What drove Synopsys's revenue change in Q3 FY26?
Products +$176M (+12%); Maintenance and service +$24.7M (+3%).