Synopsys (SNPS)财务
NASDAQ · Technology · Software - Infrastructure · 员工28,000人 · CEO Sassine Ghazi
- 股价
- $467.61 -4.61%
- 市值
- $896亿
- 企业价值
- $968亿
- 最近财报
- Q3 '26 2026-08-26提交
- 下次财报
- 2026-12-09 EPS预期 $4.12
营收(TTM)$94.2亿+46.3% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)9.8%-7.4 百分点 对比去年同期营业利润 $9.18亿
净利润(TTM)$10.8亿-46.1% 对比去年同期税后,含营业外收益
自由现金流(TTM)$27.9亿+114.2% 对比去年同期资本支出 $1.91亿
稀释EPS(TTM)$5.72-55.2% 对比去年同期最近4个季度之和
净现金-$72.3亿+42.3% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $896亿 EV $968亿
- 营收
- $94.2亿 过去12个月
- 营收增速
- +38% FY2026年一致预期
- 净利润率
- 11.4% 净利润 / 营收,TTM
- P/E
- 81.2× 预期 30.8×(FY2026)
- P/S
- 9.5× 股价 / 营收,TTM
- EV / EBITDA
- 25.9× TTM
- 自由现金流
- $27.9亿 过去12个月
- 净利润
- $10.8亿 过去12个月
- 营收预期
- $97.2亿 FY2026年一致预期
- 盈利
- 2026-12-09 营收预期 $25.6亿
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-08-26):营收超预期1.6%,EPS 超预期6.5%营收$24.8亿,预期$24.4亿(+1.6%);EPS $3.91,预期$3.67(+6.5%)。
- 营收增长加速:同比42.4%Q3 '26营收$24.8亿,此前四个季度的平均值为39.8%。
- 营业利润率9.8%(TTM),较去年同期-7.4 百分点营收增长46.3%,营业利润增长-16.9%。
- 税前利润的29.3%来自营业外收益税前利润$13亿,营业利润$9.18亿(TTM)。股权投资收益等一次性项目推高了净利润和EPS,营业利润更能反映业务本身。
- 资本支出占营收的2.0%(去年为2.2%)最近4个季度投入$1.91亿(同比+36.9%)。自由现金流$27.9亿,相当于净利润的259.2%。
- 股东回报$1.35亿 = 自由现金流的4.8%回购$1.35亿(去年为$1.38亿),股息$0,股权激励$9.5亿(TTM)。
- 稀释股数一年内增加18.9%Q3 '26稀释股数1.92亿,一年前为1.62亿。
- 净债务 $72.3亿现金 + 短期投资 $36.1亿,含租赁债务 $108亿;一年前净债务 $125亿。
- Design Automation Segment:营收+52.6%,利润率45.2%(此前为44.5%)Q3 '26增长最快的披露分部:营收$20亿,营业利润$9.05亿(来自财报的分部附注)。
上一季度:Q3 '26
截至2026-07-31的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q3 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $24.8亿 | $17.4亿 | +42.4% |
| 毛利率 | 72.6% | 78.1% | -5.6 百分点 |
| 营业利润 | $3.57亿 | $1.65亿 | +116.3% |
| 营业利润率 | 14.4% | 9.5% | +4.9 百分点 |
| 净利润 | $5.46亿 | $2.43亿 | +125.1% |
| 稀释EPS | $2.84 | $1.50 | +89.3% |
| 经营现金流 | $8.13亿 | $6.71亿 | +21.1% |
| 资本支出 | $6660万 | $3860万 | +72.4% |
| 自由现金流 | $7.46亿 | $6.32亿 | +18.0% |
| R&D | $7.2亿 | $6.25亿 | +15.1% |
| 股权激励费用 | $2.32亿 | $2.68亿 | -13.5% |
实际 vs 一致预期
2026-08-26| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $24.8亿 | $24.4亿 | +1.6% |
| EPS(一致预期口径) | $3.91 | $3.67 | +6.5% |
来自2026-08-26发布的Q3 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q3 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| License and Maintenance | $10亿 | +12.4% | 40.5% | $38.4亿 | -8.3% | |
| License | $6.65亿 | +28.8% | 26.9% | $25.7亿 | +8.9% | |
| Technology Service | $8.09亿 | +144.4% | 32.7% | $30.1亿 | +114.9% |
按地区划分的营收
占总额比例| 分部 | Q3 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| United States | $10.5亿 | +28.9% | 42.5% | $41.5亿 | +52.6% | |
| Other Countries | $4.73亿 | +60.0% | 19.1% | $16.8亿 | +45.9% | |
| Europe | $3.71亿 | +107.7% | 15.0% | $15.8亿 | +128.5% | |
| Korea, Republic Of | $3.26亿 | +61.1% | 13.1% | $10.7亿 | +17.9% | |
| CHINA | $2.55亿 | +3.3% | 10.3% | $9.43亿 | +13.6% |
分部利润
取自每份10-Q / 10-K分部附注的各披露分部营业利润(多数数据源缺少的利润拆分)。
Q3 '26分部
| 分部 | 营收 | 同比 | 营业利润 | 同比 | 利润率 | 去年同期利润率 | TTM营业利润 |
|---|---|---|---|---|---|---|---|
| Design Automation Segment | $20亿 | +52.6% | $9.05亿 | +55.0% | 45.2% | 44.5% | $34.1亿 |
| Design IP Segment | $4.74亿 | +10.8% | $1.25亿 | +45.8% | 26.5% | 20.1% | $3.58亿 |
| Semiconductor And System Design | – | – | – | – | – | – | – |
| Silicon IP | – | – | – | – | – | – | – |
各分部营业利润
季度各分部营业利润率
季度第四季度为推算值:10-K披露全年数据,减去10-Q的前三个季度。
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $29.8亿
- 资本支出
- -$1.91亿
- 股票回购
- -$1.35亿
- 股息
- $0
- 收购
- $6.04亿
- 债务净发行
- -$43.2亿
- 股权激励费用
- $9.5亿
- 自由现金流
- $27.9亿
- 股东回报 / FCF
- 4.8%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 81.2× | 52.1× | 34.8× – 66.5× |
| EV / EBITDA | 25.9× | 40.4× | 33.0× – 49.0× |
| EV / 营收 | 10.3× | 11.8× | 9.5× – 13.3× |
| 股价 / FCF | 32.1× | 45.3× | 28.0× – 61.3× |
| 股价 / 净资产 | 2.9× | 8.1× | 2.6× – 11.6× |
| FCF收益率 | 3.1% | 2.4% | 1.6% – 3.6% |
| 投入资本回报率 | 1.7% | 11.1% | 2.0% – 16.0% |
| 净资产收益率 | 3.6% | 16.4% | 4.7% – 25.2% |
分析师
一致目标价 $575.93 (+23.2%)
区间 $420.00 – $700.00 · 评级 Buy
强烈买入0
买入28
持有2
卖出0
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $97.2亿 | +37.8% | $15.16 | +88.6% | 30.8× | 14 |
| FY2027 | $110亿 | +13.5% | $18.76 | +23.8% | 24.9× | 14 |
| FY2028 | $126亿 | +13.9% | $23.11 | +23.2% | 20.2× | 11 |
| FY2029 | $143亿 | +14.1% | $27.38 | +18.5% | 17.1× | 4 |
| FY2030 | $163亿 | +13.6% | $33.51 | +22.4% | 14.0× | 4 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Synopsys, Inc.在近期10-Q / 10-K文件中标记的全部324项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable and Accrued Liabilities, Current | $14.8亿 | $12.8亿 | +15.4% | $13.3亿 | $11.6亿 | +14.0% |
| Accounts Payable, Current | $1.87亿 | $1.33亿 | +40.9% | $1.65亿 | $2.07亿 | -20.5% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $13.2亿 | $13.9亿 | -5.3% | $15.1亿 | $9.34亿 | +61.1% |
| Accounts Receivable, Allowance for Credit Loss, Current | $8900万2025-10-31 | $5100万 | +74.4% | $8900万 | $5100万 | +74.4% |
| Accounts Receivable, before Allowance for Credit Loss, Current | $15.5亿2025-10-31 | $9.41亿 | +64.5% | $15.5亿 | $9.41亿 | +64.5% |
| Accounts Receivable, Credit Loss Expense (Reversal) | $701万 | $762万 | -8.1% | $5090万 | $1970万 | +158.0% |
| Accrued Income Taxes, Current | $8850万 | $1710万 | +418.4% | $9470万 | $1.47亿 | -35.7% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $9.65亿2025-10-31 | $9.3亿 | +3.8% | $9.65亿 | $9.3亿 | +3.8% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$3.11亿 | -$2.32亿 | -33.9% | -$2.32亿 | -$1.8亿 | -28.8% |
| Additional Paid in Capital | $207亿 | $185亿 | +11.7% | $186亿 | $12.1亿 | +1,439.0% |
| Amortization of Intangible Assets | $1.55亿 | $2860万 | +443.1% | $1.93亿 | $1620万 | +1,085.6% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 152万 | 47.9万 | +218.0% | 42.7万 | 22.9万 | +86.5% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $2.32亿 | $2.68亿 | -13.5% | $8.93亿 | $6.92亿 | +29.0% |
| Assets | $477亿 | $482亿 | -1.0% | $482亿 | $131亿 | +268.9% |
| Assets, Current | $66.4亿 | $56亿 | +18.7% | $60.1亿 | $64.7亿 | -7.1% |
| Buildings and Improvements, Gross | $1亿2025-10-31 | $1.04亿 | -3.6% | $1亿 | $1.04亿 | -3.6% |
| Business Acquisition, Pro Forma Net Income (Loss) | $4.5亿2025-10-31 | $7.79亿 | -42.3% | $7.44亿 | $6.51亿 | +14.2% |
| Business Acquisition, Pro Forma Revenue | $22.5亿2025-10-31 | $20.6亿 | +9.2% | $89.2亿 | $84.5亿 | +5.6% |
| Business Combination, Acquisition Related Costs | $340万 | $1.15亿 | -97.0% | $2.67亿 | $1.62亿 | +65.1% |
| Capital Expenditures Incurred but Not yet Paid | – | – | – | $2430万 | $3200万 | -24.1% |
| Capitalized Contract Cost, Amortization | $2970万 | $1350万 | +120.0% | $5320万 | $4850万 | +9.7% |
| Capitalized Contract Cost, Net | $1.25亿 | $6790万 | +84.2% | $9250万 | $7280万 | +27.1% |
| Capitalized Contract Cost, Net, Current | $3360万 | $140万 | +2,300.0% | $1340万 | – | – |
| Capitalized Contract Cost, Net, Noncurrent | $9150万 | $6650万 | +37.6% | $7910万 | – | – |
| Cash and Cash Equivalents, at Carrying Value | $36.1亿 | $25.3亿 | +42.7% | $28.9亿 | $39亿 | -25.9% |
| Cash and Cash Equivalents, Fair Value Disclosure | $4310万 | – | – | $5300万 | $8.78亿 | -94.0% |
| Cash Equivalents, at Carrying Value | $4310万 | – | – | $5300万 | $8.78亿 | -94.0% |
| Cash, Cash Equivalents, and Short-term Investments | $36.1亿 | $25.9亿 | +39.1% | $29.6亿 | $40.5亿 | -26.9% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $28.9亿2025-10-31 | $39亿 | -25.8% | $28.9亿 | $39亿 | -25.8% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Disposal Group, Including Discontinued Operations | $02025-10-31 | $0 | – | $0 | $0 | – |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations | $36.1亿 | $25.3亿 | +42.6% | $28.9亿 | $39亿 | -25.8% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $11.9亿 | -$116亿 | +110.3% | -$10.1亿 | $24.6亿 | -140.9% |
| Common Stock, Par or Stated Value Per Share | $0.01 | $0.01 | 0.0% | $0.01 | $0.01 | 0.0% |
| Common Stock, Shares Authorized | 4亿 | 4亿 | 0.0% | 4亿 | 4亿 | 0.0% |
| Common Stock, Shares, Issued | 1.86亿2025-10-31 | 1.54亿 | +20.7% | 1.86亿 | 1.54亿 | +20.7% |
| Common Stock, Shares, Outstanding | 1.92亿 | 1.85亿 | +3.3% | 1.86亿 | 1.54亿 | +20.7% |
| Common Stock, Value, Issued | $192万 | $186万 | +3.3% | $186万 | $154万 | +20.7% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | -$9.4万 | -$23.2万 | +59.5% | $103万 | -$2760万 | +103.7% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $4.79亿 | $2.51亿 | +91.2% | $12.8亿 | $22.8亿 | -43.8% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $4.79亿 | $2.51亿 | +91.3% | $12.8亿 | $22.5亿 | -43.1% |
| Contract with Customer, Asset, after Allowance for Credit Loss | $12.3亿 | $11.8亿 | +4.5% | $12.2亿 | $7.57亿 | +61.4% |
| Contract with Customer, Asset, after Allowance for Credit Loss, Noncurrent | $3.64亿 | $3.56亿 | +2.4% | $3.36亿 | – | – |
| Contract with Customer, Liability | $27.2亿 | $23.7亿 | +14.3% | $26.3亿 | $17.3亿 | +51.7% |
| Contract with Customer, Liability, Current | $23.3亿 | $19.9亿 | +17.1% | $22.5亿 | $13.9亿 | +61.4% |
| Contract with Customer, Liability, Noncurrent | $3.84亿 | $3.83亿 | +0.1% | $3.83亿 | $3.41亿 | +12.2% |
| Contract with Customer, Liability, Revenue Recognized | $3.48亿 | $2.45亿 | +42.2% | $15亿 | $15亿 | 0.0% |
| Cost of Property Repairs and Maintenance | – | – | – | $1.05亿 | $8940万 | +17.1% |
| Cost of Revenue | $6.79亿 | $3.81亿 | +78.5% | $16.2亿 | $12.5亿 | +30.4% |
| Cost, Depreciation, Amortization and Depletion | $2.47亿 | $4640万 | +433.2% | $3.12亿 | $1.08亿 | +188.8% |
| Costs and Expenses | – | – | – | $44.2亿 | $37.7亿 | +17.4% |
| Current Federal Tax Expense (Benefit) | – | – | – | $3.76亿 | $3.46亿 | +8.7% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $1.19亿 | $1.1亿 | +7.9% |
| Current Income Tax Expense (Benefit) | – | – | – | $5.2亿 | $4.76亿 | +9.3% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $2500万 | $1980万 | +26.4% |
| Debt Conversion, Converted Instrument, Amount | – | – | – | $0 | $0 | – |
| Debt Securities, Available-for-sale | $138万 | $6720万 | -97.9% | $7290万 | $1.54亿 | -52.6% |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax | $0 | $2.3万 | -100.0% | $21.9万 | $52.3万 | -58.1% |
| Debt Securities, Available-for-sale, Amortized Cost | $138万 | $6720万 | -97.9% | $7270万 | $1.53亿 | -52.6% |
| Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year One Through Five | $4350万2026-04-30 | $6520万 | -33.3% | $4580万 | $9220万 | -50.4% |
| Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One | $138万 | $2030万 | -93.2% | $2690万 | $5700万 | -52.7% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-07-31, 10-Q 2026-04-30, 10-Q 2026-01-31, 10-K 2025-10-31, 10-Q 2025-07-31, 10-Q 2025-04-30, 10-Q 2025-01-31, 10-K 2024-10-31, 10-Q 2024-07-31
数据截至 2026-11-01