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FORM10-Q (MARK ONE) ☒QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JANUARY31, 2026OR TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROMCOMMISSION FILE NUMBER: 000-19807 Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to suchfiling requirements for the past 90 days.YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required tosubmit such files).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company,or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” in Rule12b-2 of the Exchange Act. AcceleratedFiler☐Smallerreportingcompany☐Emerging growth company☐ Large accelerated filerNon-accelerated filer If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying withany new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes☐NoAs of February23, 2026, there were 191,562,027 shares of the registrant’s common stock outstanding. SYNOPSYS, INC. QUARTERLY REPORT ON FORM10-QFOR THE FISCAL QUARTER ENDED JANUARY31, 2026 TABLE OF CONTENTS PARTI.Financial InformationItem1.Financial Statements(Unaudited)Condensed Consolidated Balance SheetsCondensed Consolidated Statements of IncomeCondensed Consolidated Statements of Comprehensive IncomeCondensed Consolidated Statements of Stockholders’ EquityCondensed Consolidated Statements of Cash FlowsNotes to Condensed Consolidated Financial StatementsItem2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem3.Quantitative and Qualitative Disclosures About Market RiskItem4.Controls and ProceduresPARTII.Other InformationItem1.Legal ProceedingsItem1A.Risk FactorsItem2.Unregistered Sales of Equity Securities and Use of ProceedsItem 5.Other InformationItem6.ExhibitsSignatures PARTI. FINANCIAL INFORMATION SYNOPSYS, INC.CONDENSED CONSOLIDATED BALANCE SHEETS(Unaudited, in thousands, except par value amounts) SYNOPSYS, INC. CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(Unaudited, in thousands) SYNOPSYS, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) Note1. Description of Business Synopsys, Inc. (Synopsys, we, our or us) is the leader in engineering solutions from silicon to systems, enablingcustomers to rapidly innovate AI-powered products. We deliver trusted and comprehensive solutions spanning silicondesign, silicon intellectual property (IP), simulation and analysis (S&A) as well as design services. We partner closely withour customers across a wide range of industries to maximize their R&D capability and productivity, powering innovationtoday that ignites the ingenuity of tomorrow. We are a global leader in supplying the mission-critical electronic design automation (EDA) software that engineers use todesign and test integrated circuits (ICs), also known as chips or silicon, and we are pioneering artificial intelligence (AI)driven chip design across the full-stack EDA suite to improve efficiency and accelerate the design, verification testing andmanufacturing of advanced digital and analog chips. We provide software and hardware used to validate the electronicsystems that incorporate chips and the software that runs on them, including cloud-based digital design flow to boost chip-design development productivity. We also provide technical services and support to help our customers develop advancedchips and electronic systems. We are the global leader in engineering S&A software. Our Ansyssolutions portfolio is widely used by engineers,designers, researchers and students across a broad spectrum of industries and academia, including high-tech, aerospaceand defense, automotive, energy, industrial equipment, materials and chemicals, consumer products, healthcare andconstruction. These products enable customers to analyze designs on-premises and/or via the cloud, providing a commonplatform for fast, efficient and cost-conscious product development, from design concept to final-stage testing, validationand deployment. These products and services are part of ou