Synopsys outlines $9.56B–$9.66B revenue target for 2026 as Ansys integration advances
View original at seekingalpha.comSynopsys outlines $9.56B–$9.66B revenue target for 2026 as Ansys integration advances Earnings Call Insights: Synopsys (SNPS) Q1 2026 MANAGEMENT VIEW * CEO Sassine Ghazi highlighted a strong start to Synopsys’ 40th anniversary year, emphasizing an expanded portfolio and leadership positions, stating, "In Q1, we achieve…
What we drew from this source
The claims Via News extracted from this document. We point to the source; we don't replace it.
Ansys now supports more than 90% of the top 100 automotive suppliers
80% confidenceAdvanced nodes saw 100% usage on critical tape-outs at 2-nanometer and below
80% confidenceThe first half of 2026 will deliver the first wave of joint Synopsys-Ansys solutions; monetization to start in FY 2027
80% confidenceAI agents for chip design cannot hallucinate and must be 100% accurate as you move through the workflow
80% confidenceWith muted growth in IP, we get muted operating margin; expectation is that once titles are on time, it's a very good business
80% confidenceQ1 2026 achieved revenue at the high end of guidance and non-GAAP EPS exceeded guidance
80% confidence2026 is a transitional year for Design IP segment, with focus on aligning the fastest-growing segments of the silicon market
80% confidenceReiterating full year revenue, non-GAAP operating margin and cash flow guidance while raising non-GAAP EPS guidance for the full year
80% confidenceClassic Synopsys was down slightly in China, whereas Ansys portfolio performed fairly well due to export restrictions and customer behavior shifts to domestic foundries
80% confidenceQ1 '26 marked a strong start to the year with revenue at the upper end of guided range, non-GAAP operating margin of 42.1% and non-GAAP EPS above guidance
80% confidenceSynopsys won a marquee emulation win versus the incumbent at a leading AI HPC customer
80% confidenceSynopsys has the right skills and is putting the right resources and priority to deliver on time and schedule for IP titles
80% confidence2026 is the year Synopsys begins delivering on the technology promise of the Synopsys plus Ansys combination
80% confidenceBacklog building and consumption is an ebb and flow; sitting at $11.3 billion of backlog feels great
80% confidenceBacklog ended at $11.3 billion, underscoring strong and resilient business model
80% confidenceConfidence in IP business pickup is driven by the design starts and the breadth of the portfolio
80% confidenceFeeling great about the progress being made on the roadmap
80% confidenceThere's a much bigger opportunity and growth opportunity for the interface IP, which is where investments will focus
80% confidenceAI isn't disrupting our business. It's amplifying our strategic advantage.
80% confidenceHardware business had a record year last year and expectation is to continue delivering given demand and complexity
80% confidence