Sunnyvale – September 30, 2026 -- Synopsys projects fiscal 2027 revenue of $11.15 billion at the midpoint of guidance, a roughly 15% year-over-year increase, the company told investors at its 2026 Investor Day in New York.
The chip-design software maker also plans to repurchase approximately $1 billion of its own shares over the coming months, part of a broader commitment to return up to 50% of free cash flow to shareholders after reinvesting in the business.
Synopsys signs IP agreement with Amazon under new application-optimized silicon model
The company is expanding beyond standards-based interface IP into application-optimized IP (AOIP), targeting hyperscalers and system companies building custom silicon for AI workloads. Synopsys said it has secured multiple AOIP customers across compute, ASIC and AI connectivity architectures, including a newly announced IP agreement with Amazon. The 'Factory 2' IP model increases Synopsys' value capture per design win and ties the company more directly to long-term custom-silicon and AI-infrastructure growth.
OpenAI partnership to produce GPT-Synopsys, a specialized chip-design AI model
CEO Sassine Ghazi announced a partnership with OpenAI under which the two companies will develop GPT-Synopsys, combining OpenAI's frontier AI models with Synopsys' EDA tools and chip-design expertise. Ghazi said AI is creating multiple reinforcing growth engines for the company, citing rising compute demand, increasing system complexity, and deeper integration of agentic workflows into its toolset.
Synopsys said customers will be able to deploy its full Autopilot platform, embed Synopsys agents into their own AI systems, or use frontier models optimized for specific engineering workflows -- a flexible approach designed to monetize AI-driven engineering through subscription and consumption-based pricing across tools, agents and platforms.
Company sets multi-year financial framework through fiscal 2030
Alongside the fiscal 2027 outlook, Synopsys presented a financial framework extending through fiscal 2030, with management emphasizing expanding non-GAAP operating margins and converting revenue growth into higher free cash flow. CFO Shelagh Glaser said the updated framework reflects confidence in the company's growth trajectory and its ability to scale efficiently while helping customers restructure engineering processes around AI.