Synopsys Inc
SNPSQ1 2023Estimated6% AI
AI Revenue %
6%
AI Fair Value
$2.2B
AI Revenue (Q)
$81.7M
Total Revenue (Q)
$1.4B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q1 FY2023 (ending Jan 31, 2023): Total revenue $1,361.3M. New 3-segment structure: Design Automation $889.8M, Design IP $343.7M, Software Integrity $127.8M. ChatGPT launched Nov 2022, driving AI chip design urgency. AI chip demand beginning to accelerate but EDA contracts are multi-year (3-year TSL), so revenue impact lags demand. Estimated 6% AI-attributable: growing demand for advanced node EDA tools from AI chip companies + increasing AI-relevant IP (HBM interface, high-speed SerDes). $1,361.3M * 6% = ~$81.7M.
Analyzed by claude-opus-4-6
Quoted Figures
Total revenue $1,361,340 thousand
10-Q Condensed Consolidated Statements of Income, Three Months Ended January 31, 2023
Design Automation: Revenue $889,846 thousand
Note 16. Segment Disclosure, Three Months Ended January 31, 2023
Design IP: Revenue $343,651 thousand
Note 16. Segment Disclosure, Three Months Ended January 31, 2023
AI Products Identified (Ring 1)
Synopsys.ai EDA suiteDesign IP for AI chips (HBM controllers, high-speed interface IP)Verification hardware for AI chip validation
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Software Integrity segmentNon-AI EDA licensesProfessional services
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix