Synopsys (SNPS) Tax Rate (2009 - 2026)

Synopsys (SNPS) has reported Tax Rate for 18 consecutive years, with 18.14% the latest figure, recorded in Q1 2026.

• Tax Rate for Q1 2026 came in at 18.14%, up 2030.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 6.49% (up 125.0% YoY), and the FY2025 annual result was 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.
• Over five years, Tax Rate peaked at 31.43% in Q4 2022 and troughed 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 soared 3246 bps — and 2025, when it slumped 2014 bps.
• Year by year, Tax Rate stood at 31.43% in 2022, then plunged by 52 bps to 14.96% in 2023, then grew by 29 bps to 19.23% in 2024, then plunged by 31 bps to 13.18% in 2025, then jumped by 38 bps to 18.14% in 2026.
• Per Business Quant, the three latest SNPS Tax Rate figures stand at 18.14% (Q1 2026), 13.18% (Q4 2025), and 27.98% (Q3 2025).