Synopsys just delivered another quarter that made analysts look conservative. The electronic design automation (EDA) heavyweight reported Q2 fiscal 2026 results that topped expectations, then raised its full-year guidance for good measure.
What the numbers look like
In Q1 FY2026, the company posted revenue of $2.409 billion, a 65% jump compared to the same period a year earlier. That figure landed at the high end of management’s own guidance range.
Non-GAAP earnings per share hit $3.77 in Q1, comfortably beating what analysts had penciled in. The company’s full-year revenue guidance at the time pointed to a midpoint of $9.61 billion, which includes roughly $2.9 billion in expected contribution from its Ansys acquisition.
Now, with Q2 in the books, management went a step further and raised that full-year outlook.
