Synopsys Inc
SNPSQ3 2024Estimated10% AI
AI Revenue %
10%
AI Fair Value
$4.6B
AI Revenue (Q)
$385.1M
Total Revenue (Q)
$3.9B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q3 FY2024 (ending Jul 31, 2024): Total revenue $1,525.7M (continuing ops). Design Automation $1,062.7M, Design IP $463.1M. Design IP strong again at $463.1M. AI chip design ecosystem expanding; custom silicon programs at hyperscalers (Google, Amazon, Microsoft, Meta) all using Synopsys tools. NVIDIA Blackwell tape-out and next-gen designs underway. Estimated 10%. $1,525.7M * 10% = ~$152.6M.
Analyzed by claude-opus-4-6
Quoted Figures
Total revenue $1,525,749 thousand
10-Q Condensed Consolidated Statements of Income, Three Months Ended July 31, 2024
Design Automation: Revenue $1,062,666 thousand
Note 18. Segment Disclosure, Three Months Ended July 31, 2024
Design IP: Revenue $463,083 thousand
Note 18. Segment Disclosure, Three Months Ended July 31, 2024
AI Products Identified (Ring 1)
Synopsys.ai EDA suiteHBM3E/HBM4 interface IPAI chip verification/emulationAdvanced node design tools for AI accelerators
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.
Non-AI IP blocksAutomotive chip design toolsProfessional services
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix