Drill Down Earnings Shorts Ep. 442: Synopsys Q2 2026 earnings ($SNPS) A Deep Dive with Cory Johnson

Añadido: 2026-06-01

[00:00:00]Your synopsis Q2 2026 summary of earnings. Uh it was a decent quarter for this company. $2.76 billion in revenues, beating the estimates, yes, but showing some really nice growth on a year-over-year basis, raising their estimates in the midst of an activist uh uh campaign uh demanding uh improvement at the company. We're starting to see that in the [music] numbers, revenues up 42%. And the bite, the one number that tells you a whole lot, is the concerning design IP business. It was down 6% in a year-over-year basis, but $454,200,000 in quarterly revenues for that design IP business. So, very important for this company. Yeah, it's shrinking a little bit, but they said this is the trough.

[00:00:37]We're not going to see numbers lower than this. And that's a pretty big number already from Synop Synopsis [music] for Design IP. All right, thanks for checking out Drill Down earnings.

[00:00:46]I'm Cory Johnson. Follow me on all the socials at Cory TV on X and of course uh Drill Dumpod on Tik Tok, Instagram, YouTube and beyond. Uh follow us, subscribe, look, leave some comments below.