Slide 1: Corporate Overview for Investors
Corporate Overview for Investors May 2024
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains forward-looking statements, including, but not limited to, statements regarding Synopsys, Inc.’s (Synopsys, we or our) short-term and long-term financial targets, expectations and objectives, including, among others, our long-term financial objec
Slide 3: Empowering Customers' Innovation
Empowering Customers’ Innovation PURPOSE MISSION VALUE PROPOSITION To power innovation today Empower technology Maximize customers’ that ignites the ingenuity innovators everywhere R&D capabilities and multiply of tomorrow their productivity © 2024 Synopsys, Inc. 3
Slide 4: Powering the Era of Pervasive Intelligence
Powering the Era of Pervasive Intelligence Artificial intelligence Silicon proliferation Software-defined systems Exponential productivity More silicon content New applications, and efficiency gains everywhere new methodologies Overcoming energy Addressing productivity Enabling increased complexity,
Slide 5: Synopsys: The Market & Technology Leader
Synopsys: The Market & Technology Leader FY23 FY24 Targets1, 2 Broad Product Revenue: $5.32B $6.09B – $6.15B Portfolio Growth Rate: 15.2% 14.5 – 15.6% Electronic Design Non-GAAP Operating Margin: 36.3% ~38.1%* Automation (EDA) *Midpoint of range Semiconductor Intellectual Non-GAAP Diluted EPS: $10.5
Slide 6: Long-term Financial Objectives on a Combined Company Basis
Long-term Financial Objectives on a Combined Company Basis1 Our combined company long-term, multi-year objectives are: Revenue Margin Earnings Industry-leading double-digit Long-term non-GAAP Non-GAAP growth operating margins EPS growth in the • Design Automation: double digits in mid 40s high-teens
Slide 7: Global Value Chain—2023
Global Value Chain—2023 EDA & IP—At the Heart of Accelerating Electronics Innovation EDA & IP Embedded Software Foundry Semiconductors Electronic Systems $17.5B $15.9B $123B $569B $1.88T Sources: ESD Alliance, Ipnest, MarketsandMarkets, IC Insights (2023) © 2024 Synopsys, Inc. 7
Slide 8: Leader in EDA
Leader in EDA Synopsys EDA is Mission Critical in the Era of Pervasive AI Well Positioned with Breadth and Depth of Portfolio Next-Gen Architecture to Rapidly Fuse Electronics & Multi-Physics Pioneering in Emerging Areas Unleashes New Growth Vectors © 2024 Synopsys, Inc. 8
Slide 9: Synopsys.ai: Industry's First Full-Stack, AI-Driven EDA Suite
Synopsys.ai: Industry’s First Full-Stack, AI-Driven EDA Suite Boost productivity for every stage of chip design Collaborative, generative, and Generative AI autonomous design to accelerate innovation AI-driven data analytics solution harnesses untapped insights to Data Analytics drive more intellige
Slide 10: Synopsys Digital Design
Synopsys Digital Design SYNOPSYS DIGITAL DESIGN FAMILY • Flagship tools: synthesis, P&R, signoff SYSTEM DESIGN Fusion • Fusion of algorithms, engines, data model 3DIC Compiler Architecture • Two fusion types: test and signoff DIGITAL DESIGN RTL Architect • Industry-unique Fusion Compiler Test Fusion
Slide 11: Synopsys Verification
Synopsys Verification SYNOPSYS VERIFICATION FAMILY Complete product family with leading Best-in-Class products in all categories, hardware- Verification based and software-based Planning & Coverage Verdi® Fastest Highest-performance engines Engines accelerate time-to-market Platform VC Architect Spy
Slide 12: Efficient Design Implementation for Multi-Die Systems
Efficient Design Implementation for Multi-Die Systems Optimize thermal, power, Architecture and performance with early Exploration exploration and partitioning Architecture Multi-Die/Package Exploration Co-Design Rapid software development Software Dev. Thermal/ SW Dev. & and validation with high-ca
Slide 13: Synopsys Design IP: The World's Broadest IP Portfolio
Synopsys Design IP: The World’s Broadest IP Portfolio • 25 years of investment and commitment Basic Peripherals (Uart, Memory Memory CPU GPU GPIOs Cluster Cluster I2C) • #2 IP provider worldwide • Leader in interface IP Bus Fabrics Die-to-Die Memory Interface Interface AI • Leader in foundation IP S
Slide 14: Broadest and Most Comprehensive IP Portfolio
Broadest and Most Comprehensive IP Portfolio SYNOPSYS IP PORTFOLIO Foundation IP, Software Broadest analog, interfaces, Portfolio security, processors, DDR/HBM PCIe HDMI/DP USB 10G to Die-to-Die subsystems C/D-PHY M-PHY PHY PHY PHY PHY 224G PHY PHY CPUs Safety MPUs Security DDR/HBM PCIe HDMI/DP USB
Slide 15: Synopsys IP: Strategic Growth for Years
Synopsys IP: Strategic Growth for 25 Years Synopsys IP Revenue Sensors AI Accelerators Basic Peripherals (Uart, (NPUs, DSP) Memory Memory CPU GPU GPIOs Cluster Cluster Security I2C) Processors CUSTOMER Bus FabricsLOGIC Foundation IP Die-to-Die Memory Interface Interface (Std Cells, Memories) AI Sens
Slide 16: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation1, 2 Earnings Per Share—Full Fiscal Year 2024 Targets Range for Fiscal Year Ending October 31, 2024 Low High Target GAAP earnings per diluted share attributed to Synopsys $ 9.14 $ 9.36 Adjustments: Amortization of acquired intangible assets 0.46 0.43 Stock-based compen
Slide 17: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation1, 2, 3 Operating Margin—Midpoint of Fiscal Year 2024 Targets Fiscal Year Ending October 31, 2024 At midpoint of revenue and expense guidance ranges GAAP operating margin 25.1 % Amortization of acquired intangible assets 1.1 % Stock-based compensation 11.1 % Acquisitio
Slide 18: Prioritizing Corporate Responsibility
Prioritizing Corporate Responsibility ENVIRONMENT SOCIAL GOVERNANCE Addressing our footprint and Empowering our talent Standing by our commitment enable customers to innovate through a culture of innovation, to integrity as a hallmark of for a Greener World inclusion, and respect our success Reducin
Slide 19: Thank You
Thank You