Synopsys Inc
SNPSQ2 2023Estimated6% AI
AI Revenue %
6%
AI Fair Value
$2.2B
AI Revenue (Q)
$75.8M
Total Revenue (Q)
$1.3B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q2 FY2023 (ending Apr 30, 2023): Total revenue $1,394.9M ($1,262.7M continuing ops in later restatement). Design Automation $927.6M, Design IP $335.2M, Software Integrity $132.1M. AI chip design demand rising but TSL contract structure means revenue adjusts gradually. No AI-specific disclosure. Estimated 6%. $1,262.7M (ex-SI) * 6% = ~$75.8M from AI-related demand.
Analyzed by claude-opus-4-6
Quoted Figures
Total revenue $1,394,863 thousand (including Software Integrity)
10-Q Condensed Consolidated Statements of Income, Three Months Ended April 30, 2023
Design Automation: Revenue $927,568 thousand
Note 17. Segment Disclosure, Three Months Ended April 30, 2023
Design IP: Revenue $335,176 thousand
Note 17. Segment Disclosure, Three Months Ended April 30, 2023
AI Products Identified (Ring 1)
Synopsys.ai EDA suiteAI chip interface IPAdvanced node verification tools
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 segmentStandard cell librariesProfessional services
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix