Synopsys (SNPS) Tax Rate (2009 - 2026)
Synopsys (SNPS) reported Tax Rate of 18.14% for Q1 2026, up 2030.0% on a YoY basis from 0.85% in Q1 2025, and up 37.62% quarter-over-quarter from 13.18% in Q4 2025.
Synopsys (SNPS) Tax Rate (2009 - 2026) Analysis & Trends
Synopsys has reported Tax Rate for 18 years, with the latest figure at 18.14% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 2030.0% year-over-year to 18.14%; the trailing twelve-month figure through Jan 2026 stood at 6.49% (up 125.0% YoY), and the FY2025 full-year result was 4.02%, down 257.0% from the prior year.
- Tax Rate for Q1 2026 stood at 18.14%, up from 13.18% in the prior quarter.
- The five-year high for Tax Rate was 31.43% in Q4 2022, with the low at 27.98% in Q3 2025.
- Historically, Tax Rate has averaged 7.28% across 5 years, with a median of 8.07% in 2023.
- Annual changes were most pronounced in 2022 — Tax Rate surged 3246 bps — and 2025, when it tumbled 2014 bps.
- Synopsys' Tax Rate 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,064.95 Bn | 2,986.68 Bn | 56.06 Bn | 19.22% |
| 2 | Alarum Technologies | 1,117.04 Bn | 1,102.89 Bn | 7.23 Mn | 23.68% |
| 3 | Oracle | 608.54 Bn | 569.96 Bn | 15.14 Bn | 15.74% |
| 4 | Palantir Technologies | 326.97 Bn | 319.05 Bn | 1.42 Bn | 1.37% |
| 5 | Palo Alto Networks | 185.10 Bn | 180.56 Bn | 1.91 Bn | 21.31% |
| 6 | CrowdStrike Holdings | 165.31 Bn | 162.25 Bn | 993.68 Mn | -6.22% |
| 7 | Fortinet | 105.66 Bn | 102.37 Bn | 1.49 Bn | 18.58% |
| 8 | Synopsys | 89.71 Bn | 89.60 Bn | 1.77 Bn | 18.14% |
| 9 | Cloudflare | 87.54 Bn | 86.60 Bn | 455.60 Mn | -7.01% |
| 10 | CoreWeave | 53.90 Bn | 51.63 Bn | 2.01 Bn | -12.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 18.14% |
| Jan 31, 2026 | 18.14% |
| Oct 31, 2025 | 13.18% |
| Oct 31, 2025 | 13.18% |
| Jul 31, 2025 | -27.98% |
| Jul 31, 2025 | -27.98% |
| Apr 30, 2025 | 11.91% |
| Apr 30, 2025 | 11.91% |
| Jan 31, 2025 | -2.16% |
| Jan 31, 2025 | -2.16% |
| Oct 31, 2024 | 19.23% |
| Oct 31, 2024 | 19.23% |
| Jul 31, 2024 | -7.83% |
| Jul 31, 2024 | -7.83% |
| Apr 30, 2024 | 13.30% |
| Apr 30, 2024 | 13.30% |
| Jan 31, 2024 | 5.01% |
| Jan 31, 2024 | 5.01% |
| Oct 31, 2023 | 14.96% |
| Oct 31, 2023 | 14.96% |