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Side-by-side financial comparison of Franklin Resources (BEN) and Synopsys (SNPS). Click either name above to swap in a different company.

Franklin Resources is the larger business by last-quarter revenue ($2.3B vs $2.3B, roughly 1.0× Synopsys). Synopsys runs the higher net margin — 19.9% vs 11.0%, a 8.9% gap on every dollar of revenue. On growth, Synopsys posted the faster year-over-year revenue change (50.6% vs 3.4%). Over the past eight quarters, Synopsys's revenue compounded faster (16.9% CAGR vs 4.0%).

Franklin Resources, Inc. is an American multinational investment management holding company that, together with its subsidiaries, is referred to as Franklin Templeton; it is a global investment firm founded in New York City in 1947 as Franklin Distributors, Inc. It is listed on the New York Stock Exchange under the ticker symbol BEN, in honor of Benjamin Franklin, for whom the company is named, and who was admired by founder Rupert Johnson Sr. In 1973, the company's headquarters moved from Ne...

Synopsys, Inc. is an American multinational electronic design automation (EDA) company headquartered in Sunnyvale, California, that focuses on design and verification of silicon chips, electronic system-level design and verification, and reusable components. Synopsys supplies tools and services to the semiconductor design and manufacturing industry.

BEN vs SNPS — Head-to-Head

Bigger by revenue
BEN
BEN
1.0× larger
BEN
$2.3B
$2.3B
SNPS
Growing faster (revenue YoY)
SNPS
SNPS
+47.2% gap
SNPS
50.6%
3.4%
BEN
Higher net margin
SNPS
SNPS
8.9% more per $
SNPS
19.9%
11.0%
BEN
Faster 2-yr revenue CAGR
SNPS
SNPS
Annualised
SNPS
16.9%
4.0%
BEN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BEN
BEN
SNPS
SNPS
Revenue
$2.3B
$2.3B
Net Profit
$255.5M
$448.7M
Gross Margin
71.0%
Operating Margin
12.1%
5.4%
Net Margin
11.0%
19.9%
Revenue YoY
3.4%
50.6%
Net Profit YoY
56.2%
-59.7%
EPS (diluted)
$0.46
$2.44

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BEN
BEN
SNPS
SNPS
Q4 25
$2.3B
$2.3B
Q3 25
$2.3B
$1.7B
Q2 25
$2.1B
$1.6B
Q1 25
$2.1B
$1.5B
Q4 24
$2.3B
$1.5B
Q3 24
$2.2B
$1.5B
Q2 24
$2.1B
$1.5B
Q1 24
$2.2B
$1.6B
Net Profit
BEN
BEN
SNPS
SNPS
Q4 25
$255.5M
$448.7M
Q3 25
$117.6M
$242.5M
Q2 25
$92.3M
$345.3M
Q1 25
$151.4M
$295.7M
Q4 24
$163.6M
$1.1B
Q3 24
$-84.7M
$408.1M
Q2 24
$174.0M
$292.1M
Q1 24
$124.2M
$449.1M
Gross Margin
BEN
BEN
SNPS
SNPS
Q4 25
71.0%
Q3 25
78.1%
Q2 25
80.2%
Q1 25
81.4%
Q4 24
78.3%
Q3 24
80.9%
Q2 24
79.4%
Q1 24
80.0%
Operating Margin
BEN
BEN
SNPS
SNPS
Q4 25
12.1%
5.4%
Q3 25
3.6%
9.5%
Q2 25
7.5%
23.5%
Q1 25
6.9%
17.3%
Q4 24
9.7%
20.3%
Q3 24
-6.8%
23.6%
Q2 24
10.5%
22.8%
Q1 24
6.0%
21.8%
Net Margin
BEN
BEN
SNPS
SNPS
Q4 25
11.0%
19.9%
Q3 25
5.0%
13.9%
Q2 25
4.5%
21.5%
Q1 25
7.2%
20.3%
Q4 24
7.3%
74.4%
Q3 24
-3.8%
26.7%
Q2 24
8.2%
20.1%
Q1 24
5.8%
27.2%
EPS (diluted)
BEN
BEN
SNPS
SNPS
Q4 25
$0.46
$2.44
Q3 25
$0.21
$1.50
Q2 25
$0.15
$2.21
Q1 25
$0.26
$1.89
Q4 24
$0.29
$7.13
Q3 24
$-0.20
$2.61
Q2 24
$0.32
$1.88
Q1 24
$0.23
$2.89

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BEN
BEN
SNPS
SNPS
Cash + ST InvestmentsLiquidity on hand
$3.0B
Total DebtLower is stronger
$2.4B
$13.5B
Stockholders' EquityBook value
$12.1B
$28.3B
Total Assets
$32.5B
$48.2B
Debt / EquityLower = less leverage
0.19×
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEN
BEN
SNPS
SNPS
Q4 25
$3.0B
Q3 25
$2.6B
Q2 25
$14.3B
Q1 25
$3.8B
Q4 24
$4.1B
Q3 24
$2.0B
Q2 24
$1.7B
Q1 24
$1.3B
Total Debt
BEN
BEN
SNPS
SNPS
Q4 25
$2.4B
$13.5B
Q3 25
$2.4B
$14.3B
Q2 25
$2.7B
$10.1B
Q1 25
$2.7B
Q4 24
$2.8B
Q3 24
$2.8B
Q2 24
$3.0B
Q1 24
$3.0B
Stockholders' Equity
BEN
BEN
SNPS
SNPS
Q4 25
$12.1B
$28.3B
Q3 25
$12.1B
$27.6B
Q2 25
$12.2B
$9.9B
Q1 25
$12.3B
$9.3B
Q4 24
$12.5B
$9.0B
Q3 24
$12.5B
$7.7B
Q2 24
$12.9B
$7.2B
Q1 24
$12.9B
$6.7B
Total Assets
BEN
BEN
SNPS
SNPS
Q4 25
$32.5B
$48.2B
Q3 25
$32.4B
$48.2B
Q2 25
$32.6B
$23.8B
Q1 25
$32.0B
$13.0B
Q4 24
$32.4B
$13.1B
Q3 24
$32.5B
$11.6B
Q2 24
$33.3B
$11.0B
Q1 24
$32.9B
$10.6B
Debt / Equity
BEN
BEN
SNPS
SNPS
Q4 25
0.19×
0.48×
Q3 25
0.20×
0.52×
Q2 25
0.22×
1.01×
Q1 25
0.22×
Q4 24
0.22×
Q3 24
0.22×
Q2 24
0.24×
Q1 24
0.24×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BEN
BEN
SNPS
SNPS
Operating Cash FlowLast quarter
$-255.1M
$639.7M
Free Cash FlowOCF − Capex
$605.2M
FCF MarginFCF / Revenue
26.8%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
-1.00×
1.43×
TTM Free Cash FlowTrailing 4 quarters
$1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEN
BEN
SNPS
SNPS
Q4 25
$-255.1M
$639.7M
Q3 25
$-20.7M
$671.0M
Q2 25
$1.3B
$275.4M
Q1 25
$-50.1M
$-67.5M
Q4 24
$-145.2M
$562.8M
Q3 24
$558.2M
$455.4M
Q2 24
$528.4M
$476.6M
Q1 24
$136.6M
$-87.8M
Free Cash Flow
BEN
BEN
SNPS
SNPS
Q4 25
$605.2M
Q3 25
$-51.9M
$632.4M
Q2 25
$1.3B
$219.8M
Q1 25
$-87.6M
$-108.2M
Q4 24
$-217.0M
$558.4M
Q3 24
$488.4M
$415.4M
Q2 24
$482.3M
$438.2M
Q1 24
$94.9M
$-128.2M
FCF Margin
BEN
BEN
SNPS
SNPS
Q4 25
26.8%
Q3 25
-2.2%
36.3%
Q2 25
61.4%
13.7%
Q1 25
-4.1%
-7.4%
Q4 24
-9.6%
37.3%
Q3 24
22.1%
27.2%
Q2 24
22.7%
30.1%
Q1 24
4.4%
-7.8%
Capex Intensity
BEN
BEN
SNPS
SNPS
Q4 25
1.5%
Q3 25
1.3%
2.2%
Q2 25
0.7%
3.5%
Q1 25
1.8%
2.8%
Q4 24
3.2%
0.3%
Q3 24
3.2%
2.6%
Q2 24
2.2%
2.6%
Q1 24
1.9%
2.4%
Cash Conversion
BEN
BEN
SNPS
SNPS
Q4 25
-1.00×
1.43×
Q3 25
-0.18×
2.77×
Q2 25
13.89×
0.80×
Q1 25
-0.33×
-0.23×
Q4 24
-0.89×
0.51×
Q3 24
1.12×
Q2 24
3.04×
1.63×
Q1 24
1.10×
-0.20×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BEN
BEN

Investment Advisory Management And Administrative Service$1.8B79%
Sales And Distribution Fees$388.7M17%
Shareholder Service$70.9M3%
Service Other$19.6M1%

SNPS
SNPS

License And Maintenance$940.7M42%
Other$640.0M28%
Design IP Segment$407.1M18%
KR$236.9M11%
Sales Based Royalties$30.1M1%

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