SNPS Q2 2026 Earnings — Income Statement Breakdown

For its Q2 2026 period (ending 2026-04-30), SNPS reported revenue of $2.3B, gross profit of $1.6B (72.3% gross margin), operating income of $120M, and net income of $17M (0.8% net margin). The flow of revenue into costs and profit is visualized below.

What changed

SNPS was profitable; revenue grew 0.9% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter+0.9%−96.2%−19.1 pp

Consensus estimate data is not available for this report.

SNPS Q2 2026 Income Statement

SNPS Q2 2026 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$2.3B100%
Cost of Revenue−$630M27.7%
Gross Profit$1.6B72.3%
Research & Development−$700M30.8%
Selling, General & Administrative−$554M24.4%
Other Operating Expenses−$116M5.1%
Operating Income$120M5.3%
Interest Expense−$133M5.9%
Other Income, net$32M1.4%
Income Tax Expense−$2M0.1%
Net Income$17M0.8%

Source: original SEC filing (filed 2026-05-27). Accession 0001193125-26-241911. Data normalized by EarningsFyi.