Synopsys completes $19B Ansys acquisition; profit plunges 95% on integration costs and litigation

Filed May 27, 2026 · Period ending April 30, 2026 · Compared to 10-Q May 28, 2025 · ~1 min read

Key Changes

• high

  Net income collapsed 95% YoY to $17M in Q2 despite 42% revenue growth, driven by $394M quarterly intangible amortization from Ansys, $116M restructuring charges, and $296M interest expense on $10B debt.

  MD&A: Financial Results verify on EDGAR →
• high

  Three shareholder class actions filed alleging securities law violations over Design IP segment disclosures; three derivative suits filed against directors/officers for breach of fiduciary duty. No liability accrued as loss not yet estimable.

  Legal Proceedings verify on EDGAR →
• high

  Design IP segment revenue declined 6% YoY amid acknowledged underperformance; company reallocating resources to higher-growth opportunities. Major foundry customer challenges negatively impacted FY2025 results.

  MD&A: Design IP Performance verify on EDGAR →