Overview
- Synopsys will report second‑quarter results after the market close on Wednesday, May 27, with analysts expecting about $3.15–$3.16 in adjusted EPS and roughly $2.25 billion in revenue.
- The $35 billion acquisition of Ansys, completed in July 2025, is expected to account for about 30% of fiscal 2026 revenue on management’s $9.6 billion target, which makes year‑over‑year comparisons harder because Ansys was not consolidated a year earlier.
- In March Synopsys introduced Multiphysics Fusion, a product that integrates electrical, thermal, electromagnetic and mechanical simulation into its chip‑design platform to speed design cycles for complex AI chips.
- Post‑merger cuts removed roughly 10% of combined staff and generated about $325 million in restructuring charges, increasing leverage and putting near‑term margin pressure against an 83x price‑to‑earnings multiple.
- Investors will watch whether Synopsys can revive organic growth and keep its history of beating estimates while serving the AI chip ecosystem, where Nvidia is both a major customer and a reported ~2.5% shareholder.