Synopsys (SNPS) Tax Rate (2009 - 2026)
Synopsys' (SNPS) quarterly Tax Rate came in at 18.14% in Q1 2026, up 2030.0% YoY from 0.85% in Q1 2025, and up 37.62% on a QoQ basis from 13.18% in Q4 2025.
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Analysis
Synopsys (SNPS) Tax Rate (2009 - 2026) Analysis & Trends
Synopsys (SNPS) has 18 years of Tax Rate data on file, last reported at 18.14% in 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 climbed to 18.14% in Q1 2026, from 13.18% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 31.43% in Q4 2022 to a low of 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 tumbled 2014 bps.
- Tracing SNPS's Tax Rate over 5 years: stood at 31.43% in 2022, then plunged by 52 bps to 14.96% in 2023, then advanced by 29 bps to 19.23% in 2024, then plunged by 31 bps to 13.18% in 2025, then surged by 38 bps to 18.14% in 2026.
- The last three Tax Rate figures came in at 18.14% (Q1 2026), 13.18% (Q4 2025), and 27.98% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,721.71 Bn | 3,588.96 Bn | 60.48 Bn | 24.84% |
| 2 | Oracle | 450.68 Bn | 418.78 Bn | - | 50.36% |
| 3 | Palantir Technologies | 418.34 Bn | 408.93 Bn | 1.64 Bn | 1.42% |
| 4 | Palo Alto Networks | 266.28 Bn | 263.17 Bn | 2.03 Bn | -13.46% |
| 5 | CrowdStrike Holdings | 216.66 Bn | 211.65 Bn | 1.10 Bn | -35.60% |
| 6 | Fortinet | 114.50 Bn | 110.43 Bn | 1.64 Bn | 15.97% |
| 7 | Cloudflare | 99.31 Bn | 95.15 Bn | 499.52 Mn | -1.22% |
| 8 | Synopsys | 75.23 Bn | 71.62 Bn | 1.80 Bn | 20.21% |
| 9 | Block | 49.73 Bn | 43.30 Bn | 3.17 Bn | 71.11% |
| 10 | CoreWeave | 48.83 Bn | 43.29 Bn | 1.70 Bn | -10.99% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 20.21% |
| Jan 31, 2026 | 18.14% |
| Oct 31, 2025 | 13.18% |
| Jul 31, 2025 | -27.98% |
| Apr 30, 2025 | 11.91% |
| Jan 31, 2025 | -2.16% |
| Oct 31, 2024 | 19.23% |
| Jul 31, 2024 | -7.83% |
| Apr 30, 2024 | 13.30% |
| Jan 31, 2024 | 5.01% |
| Oct 31, 2023 | 14.96% |
| Jul 31, 2023 | -2.14% |
| Apr 30, 2023 | 8.07% |
| Jan 31, 2023 | 3.80% |
| Oct 31, 2022 | 31.43% |
| Jul 31, 2022 | 7.07% |
| Apr 30, 2022 | 13.51% |
| Jan 31, 2022 | 4.25% |
| Oct 31, 2021 | -1.03% |
| Jul 31, 2021 | 7.01% |