{
  "url": "https://struct.news/briefs/synopsys-ansys-growth-came-with-a-11b-non-cash-amortization-charge",
  "title": "Synopsys' Ansys growth came with a $1.1B non-cash amortization charge",
  "summary": "A $1.1B non-cash amortization charge helped push total costs up 62%, even as operating cash flow jumped 162%.",
  "published_at": "2026-08-27T06:43:39.584328+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Synopsys, Inc.",
    "ticker": "SNPS",
    "cik": "883241",
    "sector": "Technology",
    "industry": "Software - Infrastructure"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-26",
    "accession": "0000883241-26-000025",
    "url": "https://www.sec.gov/Archives/edgar/data/883241/000088324126000025/snps-20260731.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-09-09",
    "url": "https://www.sec.gov/Archives/edgar/data/883241/000088324125000024/snps-20250731.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 7054178000,
      "display": "$7.1B",
      "unit": "usd",
      "period": "2025-10-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0000883241-26-000025",
        "filing_date": "2026-08-26"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": 15.124466416295501,
      "display": "+15.1%",
      "unit": "percent",
      "period": "2025-10-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000883241-26-000025",
        "filing_date": "2026-08-26"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Operating margin",
      "value": 12.97000160755796,
      "display": "+13.0%",
      "unit": "percent",
      "period": "2025-10-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000883241-26-000025",
        "filing_date": "2026-08-26"
      }
    }
  ],
  "watch_next": [
    {
      "type": "labor_costs",
      "statement": "Employee-related costs rose as Ansys moved from a partial-period to a full-period contribution, with headcount reductions from the 2026 Plan partly offsetting the increase.",
      "importance": "medium",
      "evidence": "$768.9 million in employee-related costs, which includes an increase of $794.8 million from Ansys, primarily due to the inclusion of Ansys' results for a full period for the nine months ended July 31, 2026 versus a partial period for the same period in fiscal 2025",
      "source_date": "2026-08-26"
    },
    {
      "type": "demand",
      "statement": "Upfront products revenue increased 40% over nine months, but Synopsys says timing and customer requirements can move this revenue between periods.",
      "importance": "medium",
      "evidence": "Upfront Products Revenue July 31, 2026 2025 $ Change % Change (dollars in millions) Three months ended $ 665.2 $ 516.4 $ 148.8 29 % Percentage of total revenue 27 % 30 % Nine months ended $ 1,953.0 $ 1,395.2 $ 557.8 40 %",
      "source_date": "2026-08-26"
    },
    {
      "type": "product_pipeline",
      "statement": "Research and development expense increased as Ansys contributed for a full period, alongside higher IT and facility costs and partly offsetting headcount reductions.",
      "importance": "medium",
      "evidence": "The increase in research and development expenses for the nine months ended July 31, 2026 compared to the same period in fiscal 2025 was primarily due to increases of $334.4 million in employee-related costs from Ansys for the full period in fiscal 2026 versus the partial period in fiscal 2025 and $102.2 million in IT and facility costs",
      "source_date": "2026-08-26"
    },
    {
      "type": "interest_rates",
      "statement": "Nine-month interest expense increased because of Senior Notes and Term Loan borrowing tied to the Ansys merger, despite repayment and termination of the term loan during fiscal 2026.",
      "importance": "medium",
      "evidence": "The increase in interest expense for the nine months ended July 31, 2026 compared to the same period in fiscal 2025 was primarily due to interest on the Senior Notes issued in the second quarter of fiscal 2025 and the borrowing under the Term Loan Agreement in the third quarter of fiscal 2025 in connection with the Ansys Merger.",
      "source_date": "2026-08-26"
    }
  ],
  "related_tickers": [
    "SNPS"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}