Synopsys (SNPS) Tax Rate (2009 - 2026)
Synopsys (SNPS) posted Tax Rate of 20.21% for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 48.19 percentage points from -27.98% a year earlier.
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Analysis
Synopsys (SNPS) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Tax Rate at Synopsys was 11.41%, up 7.25 percentage points year-over-year; for FY2025 (ended Oct 31, 2025), it was 4.02%, down 2.57 percentage points from FY2024.
- Annual Tax Rate has declined for three consecutive fiscal years, though with a five-year change of +7.98 percentage points (FY2020 to FY2025).
- In prior fiscal years, Synopsys' Tax Rate was 6.59% in FY2024 (-0.32 pp), 6.91% in FY2023 (-5.72 pp), 12.63% in FY2022 (+6.53 pp) and 6.10% in FY2021 (+10.06 pp).
- The fiscal Q3 2026 figure stands as the highest quarterly Tax Rate since fiscal Q4 2022.
- On a year-over-year basis, Tax Rate increased in three of the last seven quarters, with an average year-over-year change of +5.43 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was fiscal Q3 2026, with a gain of 48.19 percentage points; the weakest was fiscal Q3 2025, with a drop of 20.14 percentage points.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,515.53 Bn | 5,289.69 Bn | 72.14 Bn | 16.53% |
| 2 | Taiwan Semiconductor Manufacturing | 2,348.76 Bn | 1,974.46 Bn | 27.22 Bn | 18.05% |
| 3 | Broadcom | 1,668.85 Bn | 1,594.89 Bn | 20.46 Bn | 14.32% |
| 4 | Micron Technology | 1,189.94 Bn | 1,128.71 Bn | 35.06 Bn | 14.99% |
| 5 | Advanced Micro Devices | 992.04 Bn | 948.79 Bn | 6.20 Bn | 9.88% |
| 6 | Asml Holding | 682.73 Bn | 638.57 Bn | 5.90 Bn | - |
| 7 | Intel | 585.14 Bn | 469.87 Bn | 6.51 Bn | - |
| 8 | Lam Research | 393.49 Bn | 370.29 Bn | 3.48 Bn | 10.87% |
| 9 | Applied Materials | 386.29 Bn | 351.73 Bn | 4.59 Bn | 12.69% |
| 10 | Synopsys | 80.02 Bn | 76.41 Bn | 1.80 Bn | 20.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 20.21% |
| Jan 31, 2026 | 18.14% |
| Oct 31, 2025 | 13.18% |
| Apr 30, 2025 | 11.91% |
| Oct 31, 2024 | 19.23% |
| Apr 30, 2024 | 13.30% |
| Jan 31, 2024 | 5.01% |
| Oct 31, 2023 | 14.96% |
| 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% |
| Jul 31, 2021 | 7.01% |
| Apr 30, 2021 | 9.81% |
| Jan 31, 2021 | 8.51% |
| Apr 30, 2020 | 0.22% |
| Jul 31, 2019 | 24.82% |
| Apr 30, 2019 | 11.73% |
API Access
Synopsys Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=SNPS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SNPS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=SNPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();