{"symbol":"SNPS","fiscalQuarter":"Q2-2026","reportDate":"2026-05-27","reportTime":"AMC","status":"reported","company":{"name":"Synopsys, Inc.","sector":"Information Technology","industry":"Application Software"},"tier":"free","webUrl":"https://earningsnxt.ai/ticker/SNPS/earnings/Q2-2026","estimates":{"consensusEps":3.1502,"consensusRevenue":2249.36,"epsLow":3.13,"epsHigh":3.298,"whisperEps":null,"numAnalysts":null},"preBrief":{"companySnapshot":"Synopsys, Inc. (SNPS) is a leading provider of electronic design automation (EDA) software, which helps companies design and test semiconductor chips. As technology advances, especially in areas like AI and cloud computing, Synopsys plays a crucial role in enabling innovation and efficiency in the semiconductor industry.","keyMetrics":[{"name":"EPS","why":"Earnings per share is a key indicator of profitability and helps gauge the company's financial health.","consensus":"$3.15"},{"name":"Revenue","why":"Total revenue reflects the company's sales performance and growth potential in a competitive market.","consensus":"$2.2B"}],"lastQuarterRecap":{"summary":"In Q1-2026, Synopsys reported an impressive EPS of $3.77, significantly beating analyst estimates by 55.4%. This strong performance led to a positive stock reaction, rising 1.92% the following day.","promises":["Continued focus on innovation in EDA software.","Commitment to expanding partnerships in the semiconductor industry.","Plans to enhance customer support and service offerings."]},"wallStreetExpectations":{"summary":"Analysts are generally optimistic about Synopsys' upcoming earnings, with expectations for strong EPS and revenue growth. The company has consistently beaten earnings estimates in recent quarters, which sets a high bar for this report.","bullCase":"If Synopsys delivers an EPS above the consensus and shows robust revenue growth, it could reinforce confidence in its market position and lead to a significant stock rally.","bearCase":"Conversely, if the company fails to meet expectations or provides weak guidance, it could raise concerns about future growth, leading to a stock decline."},"optionsSignal":{"impliedMove":"9.07%","context":"The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement."},"earningsTrackRecord":[{"quarter":"Q1-2026","epsSurprise":"+55.40%","reaction":"+1.92%"},{"quarter":"Q4-2025","epsSurprise":"+101.11%","reaction":"+2.14%"},{"quarter":"Q3-2025","epsSurprise":"+19.58%","reaction":"-0.80%"},{"quarter":"Q2-2025","epsSurprise":"+53.11%","reaction":"-9.64%"},{"quarter":"Q1-2025","epsSurprise":"+63.08%","reaction":"+2.73%"},{"quarter":"Q4-2024","epsSurprise":"+40.96%","reaction":"+3.12%"},{"quarter":"Q3-2024","epsSurprise":"+45.03%","reaction":"+1.37%"},{"quarter":"Q2-2024","epsSurprise":"+42.18%","reaction":"+0.28%"}],"pivotalQuestions":[{"question":"Will EPS exceed $3.15, and by how much?","whyItMatters":"Given the company's strong track record of beating EPS estimates, this will be a critical indicator of ongoing profitability and market confidence."},{"question":"What guidance will management provide for revenue growth?","whyItMatters":"Future revenue guidance will be crucial for assessing the company's growth trajectory and its ability to capitalize on market opportunities."}],"thesisBreakLevels":{"bullTrigger":"An EPS of $3.30 or higher, coupled with revenue exceeding $2.3B, would confirm a strong bull case.","bearTrigger":"An EPS below $3.13 or revenue below $2.2B would support a bearish outlook.","context":"The market is debating whether Synopsys can maintain its growth momentum in a competitive landscape, making these thresholds critical."},"scenarioPlaybook":{"beatAndRaise":"If Synopsys beats expectations, history suggests a potential stock increase of around 0.14% on the first day post-earnings, confirming strong market confidence.","inLineCautious":"If results are in line with expectations, the stock may react more cautiously, reflecting uncertainty about future growth.","miss":"Should the company miss expectations, history indicates a potential decline, with past misses leading to significant negative reactions."},"peerReadThroughs":[],"setupPatternInsight":{"pattern":"Prior-quarter beat + options rich in Information Technology","sampleSize":30,"fadeRate":"13 of 30 (43%)","insight":"This setup has occurred 30 times across Information Technology in the last 2 years. 13 of 30 faded and 17 held \u2014 no strong directional bias after the initial reaction. The average absolute 1-day move is 7.2%, with a raw directional average of +0.6% (modestly positive historical bias)."},"whatTheStreetIsMissing":{"thesis":"The consensus may underestimate Synopsys' ability to leverage new AI-driven design tools, which could significantly boost demand beyond current expectations.","supportingPoints":["The company has consistently outperformed EPS estimates, suggesting stronger underlying demand.","Options pricing indicates a larger expected move than historical averages, hinting at potential surprises.","Recent industry trends show increasing investment in semiconductor design, which could benefit Synopsys."],"riskToConsensus":"If revenue growth exceeds $2.3B, it could challenge the current cautious sentiment."},"whatToListenFor":["Insights on the impact of AI technologies on product demand.","Any updates on partnerships with major semiconductor manufacturers.","Details on customer acquisition and retention strategies.","Management's perspective on competitive pressures in the EDA market.","Guidance on future revenue growth and market expansion plans."],"metaDescription":"Synopsys (SNPS) reports Q2 2026 earnings May 27. Analysts expect $3.15 EPS on $2.2B revenue. Here's what to watch."},"postBrief":{"headline":"Synopsys Beats on EPS, Stock Down 1.6%","keyNumbers":[{"metric":"EPS","actual":"$3.35","expected":"$3.15","surprise":"+49.55%"},{"metric":"Revenue","actual":"N/A","expected":"$2.2B","surprise":"N/A"}],"managementCommentary":{"tone":"Unknown","keyQuotes":[],"summary":"No transcript is on record for this earnings call, so the analysis is based solely on the numerical results."},"guidanceChanges":{"summary":"No guidance data is available for this quarter.","changes":[]},"whatItMeans":"Synopsys reported better-than-expected earnings per share, indicating strong performance in that area. However, the stock fell by 1.6% in reaction to the earnings report, which may reflect investor concerns about revenue expectations or other factors not disclosed in the call. The lack of guidance also leaves uncertainty about future performance.","metaDescription":"Synopsys (SNPS) Q2 2026 earnings: EPS beat by 49.55%, revenue not disclosed. Stock down 1.6%. Full breakdown."}}