SYNOPSYS, INC. | |||||||
Business Segment Reporting (1)(3) | |||||||
(in millions) | |||||||
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| Three Months Ended |
| Three Months Ended |
| Six Months Ended |
| Six Months Ended |
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| April 30, 2023 |
| April 30, 2022 |
| April 30, 2023 |
| April, 2022 |
Revenue by segment |
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- Design Automation | $ 927.6 |
| $ 817.8 |
| $ 1,817.4 |
| $ 1,621.7 |
% of Total | 66.5 % |
| 64.0 % |
| 66.0 % |
| 63.7 % |
- Design IP | $ 335.2 |
| $ 348.5 |
| $ 678.8 |
| $ 707.4 |
% of Total | 24.0 % |
| 27.2 % |
| 24.6 % |
| 27.7 % |
- Software Integrity | $ 132.1 |
| $ 112.9 |
| $ 260.0 |
| $ 220.4 |
% of Total | 9.5 % |
| 8.8 % |
| 9.4 % |
| 8.6 % |
Total segment revenue | $ 1,394.9 |
| $ 1,279.2 |
| $ 2,756.2 |
| $ 2,549.5 |
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Adjusted operating income by segment |
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- Design Automation | $ 360.1 |
| $ 321.4 |
| $ 706.1 |
| $ 614.7 |
- Design IP | $ 86.3 |
| $ 135.7 |
| $ 203.9 |
| $ 289.9 |
- Software Integrity | $ 18.3 |
| $ 13.0 |
| $ 33.8 |
| $ 25.0 |
| Total adjusted segment operating income | $ 464.7 |
| $ 470.2 |
| $ 943.9 |
| $ 929.5 |
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| Adjusted operating margin by segment |
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| - Design Automation | 38.8 % |
| 39.3 % |
| 38.9 % |
| 37.9 % |
| - Design IP | 25.8 % |
| 38.9 % |
| 30.0 % |
| 41.0 % |
| - Software Integrity | 13.9 % |
| 11.5 % |
| 13.0 % |
| 11.4 % |
| Total adjusted segment operating margin | 33.3 % |
| 36.8 % |
| 34.2 % |
| 36.5 % |
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Synopsys Posts Financial Results for Second Quarter Fiscal Year 2023
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