On September 9 (local time), Synopsys (a leader in EDA and semiconductor IP) released Q3 FY2025 earnings (ended July 31, 2025). Results missed market expectations, spurring capital market volatility—its stock plummeted 35.84% on September 10. The firm also announced plans to cut 10% of global staff by end-FY2026 during the earnings call.
Q3 revenue reached $1.74 billion (≈ RMB 12.392 billion), up 14% year-over-year but below analysts’ $1.77 billion estimate. Full FY revenue is projected at ~$7.045 billion.
Synopsys CEO Sassine Ghazi called Q3 a "transformative quarter": the company closed Ansys’ acquisition amid complex geopolitics, expanding its product portfolio, customer base, and AI-driven product support capabilities. However, he admitted the IP business underperformed despite external challenge responses, with actions underway to boost competitiveness and long-term growth.
Industry analysis cites key headwinds: U.S. semiconductor export restriction changes disrupted supply chains, weakening Chinese market design demand; operational issues at a major foundry customer also hit performance.
ICgoodFind： we see Synopsys’ earnings swings and strategy shifts as a reflection of global semiconductor industry changes. The sector faces overlapping challenges (geopolitics, demand, customer structure), demanding continued attention to its future.
