Synopsys (SNPS) Tax Rate (2009 - 2026)
Synopsys (SNPS) posted Tax Rate of 18.14% for Q1 2026, up 37.62% on a QoQ basis from 13.18% in Q4 2025, and up 2030.0% year-over-year from 0.85% in Q1 2025.
Synopsys (SNPS) Tax Rate (2009 - 2026) Analysis & Trends
Synopsys' Tax Rate history runs 18 years deep, the most recent figure standing at 18.14% for Q1 2026.
- Quarterly Tax Rate rose 2030.0% year-over-year to 18.14% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 6.49% (up 125.0% YoY) and the FY2025 annual result came in at 4.02%, down 257.0% from the prior year.
- Tax Rate was 18.14% for Q1 2026 at Synopsys, up from 13.18% in the prior quarter.
- Across five years, Tax Rate topped out at 31.43% in Q4 2022 and bottomed at 27.98% in Q3 2025.
- A 5-year average of 7.28% and a median of 8.07% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate surged 3246 bps — and 2025, when it slumped 2014 bps.
- Synopsys' Tax Rate stood at 31.43% in 2022, then slumped by 52 bps to 14.96% in 2023, then grew by 29 bps to 19.23% in 2024, then slumped by 31 bps to 13.18% in 2025, then jumped by 38 bps to 18.14% in 2026.
- Business Quant data shows SNPS's Tax Rate at 18.14% in Q1 2026, 13.18% in Q4 2025, and 27.98% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 19.22 |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | -12.08 |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | -10.34 |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | 1.37 |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 21.31 |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | -6.22 |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 18.58 |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | -7.01 |
| 10 | Synopsys | 70.83 Bn | 68.63 Bn | 1.77 Bn | 18.14 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 18.14 |
| Jan 31, 2026 | 18.14 |
| Jan 31, 2026 | 18.14 |
| Oct 31, 2025 | 13.18 |
| Oct 31, 2025 | 13.18 |
| Oct 31, 2025 | 13.18 |
| Jul 31, 2025 | -27.98 |
| Jul 31, 2025 | -27.98 |
| Jul 31, 2025 | -27.98 |
| Apr 30, 2025 | 11.91 |
| Apr 30, 2025 | 11.91 |
| Apr 30, 2025 | 11.91 |
| Jan 31, 2025 | -2.16 |
| Jan 31, 2025 | -2.16 |
| Jan 31, 2025 | -2.16 |
| Oct 31, 2024 | 19.23 |
| Oct 31, 2024 | 19.23 |
| Oct 31, 2024 | 19.23 |
| Jul 31, 2024 | -7.83 |
| Jul 31, 2024 | -7.83 |