Synopsys Inc (SNPS)

Gross profit margin

		Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020
Gross profit (ttm)	US$ in thousands	4,970,410	4,976,230	4,835,120	4,695,300	4,452,230	4,187,020	4,069,645	4,081,565	4,017,845	3,933,968	3,809,447	3,593,364	3,342,416	3,225,613	3,144,675	3,011,400	2,890,591	2,758,039	2,653,251	2,621,752
Revenue (ttm)	US$ in thousands	6,265,680	6,228,820	6,190,360	6,130,510	5,842,620	5,527,780	5,288,260	5,172,630	5,081,550	4,949,680	4,759,040	4,504,130	4,204,191	4,077,211	3,984,215	3,821,222	3,685,282	3,510,923	3,399,759	3,374,674
Gross profit margin		79.33%	79.89%	78.11%	76.59%	76.20%	75.75%	76.96%	78.91%	79.07%	79.48%	80.05%	79.78%	79.50%	79.11%	78.93%	78.81%	78.44%	78.56%	78.04%	77.69%

October 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $4,970,410K ÷ $6,265,680K
= 79.33%

The gross profit margin of Synopsys Inc has shown stability over the past two years, ranging from 76.20% to 80.05%. The margin has consistently remained above 75%, indicating the company's ability to efficiently generate profit from its core operations. Despite some minor fluctuations, the trend shows a generally positive performance in maintaining a high level of gross profit margin. This suggests that Synopsys Inc is effectively managing its production costs and pricing strategies to ensure healthy profitability in its business activities.