Synopsys (SNPS) official guidance

| Capital Expenditures | | | | | | | | ~$225 | | | | | |

Our CapEx guidance of approximately $300 million remains unchanged, resulting in free cash flow of approximately $2 billion, an increase of $100 million versus our previous guidance.

| Capital Expenditures | | | | | | | | ~$300 | | | | |

We still expect cash flow from operations of approximately $2.2 billion and CapEx of approximately $300 million, resulting in free cash flow of approximately $1.9 billion.

| Capital Expenditures | | | | | | | ~$   300 | | | | | |

We expect CapEx of approximately $300 million, up $130 million versus 2025, driven by investments primarily in compute infrastructure, resulting in free cash flow of approximately $1.9 billion.

| Capital Expenditures | | | | | | | | ~$300 | | | | | |

| GAAP EPS | $ | 0.60 | | $ | 0.85 | | $ | 3.84 | | $ | 4.08 | |

GAAP earnings is expected to be between $2.49-$2.91 per share.

| GAAP EPS | $ | 0.84 | | $ | 0.98 | | $ | 2.49 | | $ | 2.91 | |

GAAP earnings of $2.21-$2.62 per share.

| GAAP EPS | $ | 0.23 | | $ | 0.43 | | $ | 2.21 | | $ | 2.62 |

GAAP earnings of $2.49-$2.90 per share, non-GAAP earnings of $14.32-$14.40 per share.

| GAAP EPS | $ | 0.22 | | $ | 0.41 | | $ | 2.49 | | $ | 2.90 |

| GAAP EPS | $ | 0.60 | | $ | 0.85 | | $ | 3.84 | | $ | 4.08 | |

| Non-GAAP EPS | $ | 4.10 | | $ | 4.16 | | $ | 15.04 | | $ | 15.10 | |

We expect non-GAAP earnings of $14.72-$14.80 per share, a $0.34 increase at the midpoint from our prior guidance due to the higher revenue and increased operational efficiency.

| Non-GAAP EPS | $ | 3.63 | | $ | 3.69 | | $ | 14.72 | | $ | 14.80 | |

Non-GAAP earnings of $14.38-$14.46 per share, up $0.06 from prior guidance due to lower net other and interest expense in Q1.

| Non-GAAP EPS | $ | 3.11 | | $ | 3.17 | | $ | 14.38 | | $ | 14.46 |

GAAP earnings of $2.49-$2.90 per share, non-GAAP earnings of $14.32-$14.40 per share.

| Non-GAAP EPS | $ | 3.52 | | $ | 3.58 | | | 14.32 | | | 14.40 |

| Non-GAAP EPS | $ | 4.10 | | $ | 4.16 | | $ | 15.04 | | $ | 15.10 | |

| Free Cash Flow (2) | | | | | | | | ~$2,600 | | | | | |

Our CapEx guidance of approximately $300 million remains unchanged, resulting in free cash flow of approximately $2 billion, an increase of $100 million versus our previous guidance.

| Free Cash Flow (2) | | | | | | | | ~$2,000 | | | | |

We still expect cash flow from operations of approximately $2.2 billion and CapEx of approximately $300 million, resulting in free cash flow of approximately $1.9 billion.

| Free Cash Flow(1) | | | | | | | ~$ 1,900 | | | | | |

We expect CapEx of approximately $300 million, up $130 million versus 2025, driven by investments primarily in compute infrastructure, resulting in free cash flow of approximately $1.9 billion.

| Free Cash Flow(1) | | | | | | | | ~$1,900 | | | | | |

| Operating Cash Flow | | | | | | | | ~$2,800 | | | | | |

We are raising our cash flow from operations guidance to approximately $2.3 billion.

| Operating Cash Flow | | | | | | | | ~$2,300 | | | | |

We still expect cash flow from operations of approximately $2.2 billion and CapEx of approximately $300 million, resulting in free cash flow of approximately $1.9 billion.

| Operating Cash Flow | | | | | | | ~$ 2,200 | | | | | |

We expect the first half-second half EPS split to be 46.54, with the second half benefiting from the debt repayment. Cash flow from operations of approximately $2.2 billion, up approximately $700 million year-on-year.

| Operating Cash Flow | | | | | | | | ~$2,200 | | | | | |

| GAAP Expenses | $ | 2,225 | | $ | 2,300 | | $ | 8,667 | | $ | 8,742 | |

Thus, total GAAP cost and expenses are expected to be between $8.469 billion and $8.599 billion.

| GAAP Expenses | $ | 2,075 | | $ | 2,125 | | $ | 8,469 | | $ | 8,599 | |

Total GAAP costs and expenses between $8.46 billion and $8.60 billion.

| GAAP Expenses | $ | 2,020 | | $ | 2,085 | | $ | 8,461 | | $ | 8,601 |

Total GAAP costs and expenses between $8.47 billion and $8.61 billion.

| GAAP Expenses | $ | 2,165 | | $ | 2,230 | | $ | 8,468 | | $ | 8,608 |

| GAAP Expenses | $ | 2,225 | | $ | 2,300 | | $ | 8,667 | | $ | 8,742 | |

| Non-GAAP Expenses | $ | 1,450 | | $ | 1,480 | | $ | 5,670 | | $ | 5,700 | |

Total non-GAAP cost and expenses are expected to be between $5.675 billion and $5.725 billion, and non-GAAP operating margin of 41% at the midpoint, a 50 basis point raise to our previous guidance.

| Non-GAAP Expenses | $ | 1,440 | | $ | 1,470 | | $ | 5,675 | | $ | 5,725 | |

Total non-GAAP costs and expenses between $5.69 billion and $5.75 billion, resulting in non-GAAP operating margin of 40.5% at the midpoint.

| Non-GAAP Expenses | $ | 1,380 | | $ | 1,410 | | $ | 5,690 | | $ | 5,750 |

Total non-GAAP costs and expenses between $5.69 billion and $5.75 billion, resulting in non-GAAP operating margin of 40.5% at the midpoint, up approximately 320 basis points versus 2025, driven by the inclusion of Ansys and cost synergy acceleration.

| Non-GAAP Expenses | $ | 1,395 | | $ | 1,425 | | $ | 5,690 | | $ | 5,750 |

| Non-GAAP Expenses | $ | 1,450 | | $ | 1,480 | | $ | 5,670 | | $ | 5,700 | |

| Non-GAAP Operating Margin | | | | | | | | Midpt: ~41.5% | | | | | |

Total non-GAAP cost and expenses are expected to be between $5.675 billion and $5.725 billion, and non-GAAP operating margin of 41% at the midpoint, a 50 basis point raise to our previous guidance.

Total non-GAAP costs and expenses between $5.69 billion and $5.75 billion, resulting in non-GAAP operating margin of 40.5% at the midpoint.

Total non-GAAP costs and expenses between $5.69 billion and $5.75 billion, resulting in non-GAAP operating margin of 40.5% at the midpoint, up approximately 320 basis points versus 2025, driven by the inclusion of Ansys and cost synergy acceleration.

Fiscal year 2026 revenue includes $2.98 billion of expected Ansys revenue, and reflects the impact of approximately $110 million of the divested Optical Solutions Group and PowerArtist RTL businesses, and $40 million related to the recently completed divestiture of the Processor IP Solutions business.

Within that, Ansys revenue contribution is expected to be approximately $2.96 billion, including the accounting impact.

Fiscal year 2026 revenue includes $2.96 billion of expected Ansys revenue (including $60 million related to an accounting impact for Ansys channel partners), and reflects the impact of approximately $110 million of the divested Optical Solutions Group and PowerArtist RTL businesses, and $40 million related to the expected divestiture of the Processor IP Solutions business.

We continue to expect Ansys revenue contribution of $2.9 billion at the midpoint, growing double digits.

Within that, Ansys revenue contribution is expected to be $2.9 billion at the midpoint, growing double digits.

| Revenue (1) | $ | 2,530 | | $ | 2,580 | | $ | 9,690 | | $ | 9,740 | |

This results in an updated revenue range of $9.625 billion-$9.705 billion.

| Revenue (1) | $ | 2,410 | | $ | 2,460 | | $ | 9,625 | | $ | 9,705 | |

Our full year targets are: total revenue of $9.56 billion-$9.66 billion.

| Revenue | $ | 2,225 | | $ | 2,275 | | $ | 9,560 | | $ | 9,660 |

For 2026, the full year targets are total revenue of $9.56 billion-$9.66 billion.

| Revenue | $ | 2,365 | | $ | 2,415 | | $ | 9,560 | | $ | 9,660 |

| Revenue (1) | $ | 2,530 | | $ | 2,580 | | $ | 9,690 | | $ | 9,740 | |

| Outstanding Shares (fully diluted) | | 192 | | | 194 | | | 192 | | | 194 | |

| Outstanding Shares (fully diluted) | | 192 | | | 194 | | | 192 | | | 194 |

Fully diluted shares outstanding are expected to be between 192 and 194 million shares.

| Outstanding Shares (fully diluted) | | 190 | | | 192 | | | 192 | | | 194 |