Synopsys Posts Financial Results for Third Quarter Fiscal Year 2026
Synopsys reported Q3 2026 revenue of $2.477B, up from $1.740B in Q3 2025. GAAP EPS was $2.84, non-GAAP EPS was $3.91, both exceeding guidance. The company raised full-year revenue and non-GAAP EPS guidance, citing AI-driven demand strength. CEO Sassine Ghazi and CFO Shelagh Glaser highlighted broad-based growth and the impact of the Ansys acquisition.
How this was made

The 30-second read
Why it matters
The earnings beat and raised guidance signal strong market positioning and may trigger sector rotation into AI‑related software stocks.
Market read
Synopsys' results highlight accelerating AI demand in semiconductor design, supporting bullish sentiment for the broader tech hardware ecosystem.
What to watch
Potential export‑control restrictions could limit future growth.
Background
Synopsys is a leading provider of electronic design automation (EDA) tools and design IP, recently acquiring Ansys.
Ticker impact
Synopsys reported Q3 FY2026 revenue of $2.477B and raised full-year revenue guidance to $9.715B, with non‑GAAP EPS guidance to $15.07.
Expect short‑term price rally on the earnings beat and guidance raise.
Revenue beat, EPS beat, and upward guidance all exceed prior expectations, indicating robust demand and AI‑driven growth.
Market effects
Boosts outlook for the EDA and design‑IP sector as AI demand accelerates.
Positive for US semiconductor and software stocks.
Reinforces global AI‑related hardware and software investment themes.
Counterpoint
If AI demand slows or integration of Ansys lags, the guidance raise may be premature.
Key entities
- companySynopsys, Inc.
Provider of EDA and design IP solutions.
- executiveSassine Ghazi
President and CEO of Synopsys.

