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Side-by-side financial comparison of Expeditors International (EXPD) and Synopsys (SNPS). Click either name above to swap in a different company.
Expeditors International is the larger business by last-quarter revenue ($2.9B vs $2.3B, roughly 1.3× Synopsys). Synopsys runs the higher net margin — 19.9% vs 7.0%, a 12.9% gap on every dollar of revenue. On growth, Synopsys posted the faster year-over-year revenue change (50.6% vs -3.3%). Synopsys produced more free cash flow last quarter ($605.2M vs $270.3M). Over the past eight quarters, Synopsys's revenue compounded faster (16.9% CAGR vs 13.8%).
Expeditors International of Washington, Inc. is an American Fortune 500 service-based logistics company with headquarters in Bellevue, Washington. Expeditors generates highly optimized and customized supply chain solutions for clients with unified technology systems integrated through a global network of over 340+ locations in 100+ countries on six continents.
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.
EXPD vs SNPS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.9B | $2.3B |
| Net Profit | $200.7M | $448.7M |
| Gross Margin | — | 71.0% |
| Operating Margin | 8.8% | 5.4% |
| Net Margin | 7.0% | 19.9% |
| Revenue YoY | -3.3% | 50.6% |
| Net Profit YoY | -14.9% | -59.7% |
| EPS (diluted) | $1.50 | $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.
| Q4 25 | $2.9B | $2.3B | ||
| Q3 25 | $2.9B | $1.7B | ||
| Q2 25 | $2.7B | $1.6B | ||
| Q1 25 | $2.7B | $1.5B | ||
| Q4 24 | $3.0B | $1.5B | ||
| Q3 24 | $3.0B | $1.5B | ||
| Q2 24 | $2.4B | $1.5B | ||
| Q1 24 | $2.2B | $1.6B |
| Q4 25 | $200.7M | $448.7M | ||
| Q3 25 | $222.3M | $242.5M | ||
| Q2 25 | $183.6M | $345.3M | ||
| Q1 25 | $203.8M | $295.7M | ||
| Q4 24 | $235.9M | $1.1B | ||
| Q3 24 | $229.6M | $408.1M | ||
| Q2 24 | $175.5M | $292.1M | ||
| Q1 24 | $169.2M | $449.1M |
| 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% |
| Q4 25 | 8.8% | 5.4% | ||
| Q3 25 | 10.0% | 9.5% | ||
| Q2 25 | 9.3% | 23.5% | ||
| Q1 25 | 10.0% | 17.3% | ||
| Q4 24 | 10.2% | 20.3% | ||
| Q3 24 | 10.1% | 23.6% | ||
| Q2 24 | 9.2% | 22.8% | ||
| Q1 24 | 9.7% | 21.8% |
| Q4 25 | 7.0% | 19.9% | ||
| Q3 25 | 7.7% | 13.9% | ||
| Q2 25 | 6.9% | 21.5% | ||
| Q1 25 | 7.6% | 20.3% | ||
| Q4 24 | 8.0% | 74.4% | ||
| Q3 24 | 7.7% | 26.7% | ||
| Q2 24 | 7.2% | 20.1% | ||
| Q1 24 | 7.7% | 27.2% |
| Q4 25 | $1.50 | $2.44 | ||
| Q3 25 | $1.64 | $1.50 | ||
| Q2 25 | $1.34 | $2.21 | ||
| Q1 25 | $1.47 | $1.89 | ||
| Q4 24 | $1.68 | $7.13 | ||
| Q3 24 | $1.63 | $2.61 | ||
| Q2 24 | $1.24 | $1.88 | ||
| Q1 24 | $1.17 | $2.89 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.3B | $3.0B |
| Total DebtLower is stronger | — | $13.5B |
| Stockholders' EquityBook value | $2.4B | $28.3B |
| Total Assets | $4.9B | $48.2B |
| Debt / EquityLower = less leverage | — | 0.48× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.3B | $3.0B | ||
| Q3 25 | $1.2B | $2.6B | ||
| Q2 25 | $1.2B | $14.3B | ||
| Q1 25 | $1.3B | $3.8B | ||
| Q4 24 | $1.1B | $4.1B | ||
| Q3 24 | $1.3B | $2.0B | ||
| Q2 24 | $1.3B | $1.7B | ||
| Q1 24 | $1.4B | $1.3B |
| Q4 25 | — | $13.5B | ||
| Q3 25 | — | $14.3B | ||
| Q2 25 | — | $10.1B | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $2.4B | $28.3B | ||
| Q3 25 | $2.3B | $27.6B | ||
| Q2 25 | $2.2B | $9.9B | ||
| Q1 25 | $2.3B | $9.3B | ||
| Q4 24 | $2.2B | $9.0B | ||
| Q3 24 | $2.4B | $7.7B | ||
| Q2 24 | $2.2B | $7.2B | ||
| Q1 24 | $2.2B | $6.7B |
| Q4 25 | $4.9B | $48.2B | ||
| Q3 25 | $4.8B | $48.2B | ||
| Q2 25 | $4.8B | $23.8B | ||
| Q1 25 | $4.8B | $13.0B | ||
| Q4 24 | $4.8B | $13.1B | ||
| Q3 24 | $5.2B | $11.6B | ||
| Q2 24 | $4.8B | $11.0B | ||
| Q1 24 | $4.5B | $10.6B |
| Q4 25 | — | 0.48× | ||
| Q3 25 | — | 0.52× | ||
| Q2 25 | — | 1.01× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $283.3M | $639.7M |
| Free Cash FlowOCF − Capex | $270.3M | $605.2M |
| FCF MarginFCF / Revenue | 9.5% | 26.8% |
| Capex IntensityCapex / Revenue | 0.5% | 1.5% |
| Cash ConversionOCF / Net Profit | 1.41× | 1.43× |
| TTM Free Cash FlowTrailing 4 quarters | $953.4M | $1.3B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $283.3M | $639.7M | ||
| Q3 25 | $201.4M | $671.0M | ||
| Q2 25 | $179.2M | $275.4M | ||
| Q1 25 | $342.6M | $-67.5M | ||
| Q4 24 | $249.7M | $562.8M | ||
| Q3 24 | $90.0M | $455.4M | ||
| Q2 24 | $126.8M | $476.6M | ||
| Q1 24 | $256.9M | $-87.8M |
| Q4 25 | $270.3M | $605.2M | ||
| Q3 25 | $190.3M | $632.4M | ||
| Q2 25 | $163.3M | $219.8M | ||
| Q1 25 | $329.5M | $-108.2M | ||
| Q4 24 | $239.7M | $558.4M | ||
| Q3 24 | $77.7M | $415.4M | ||
| Q2 24 | $118.8M | $438.2M | ||
| Q1 24 | $246.7M | $-128.2M |
| Q4 25 | 9.5% | 26.8% | ||
| Q3 25 | 6.6% | 36.3% | ||
| Q2 25 | 6.2% | 13.7% | ||
| Q1 25 | 12.4% | -7.4% | ||
| Q4 24 | 8.1% | 37.3% | ||
| Q3 24 | 2.6% | 27.2% | ||
| Q2 24 | 4.9% | 30.1% | ||
| Q1 24 | 11.2% | -7.8% |
| Q4 25 | 0.5% | 1.5% | ||
| Q3 25 | 0.4% | 2.2% | ||
| Q2 25 | 0.6% | 3.5% | ||
| Q1 25 | 0.5% | 2.8% | ||
| Q4 24 | 0.3% | 0.3% | ||
| Q3 24 | 0.4% | 2.6% | ||
| Q2 24 | 0.3% | 2.6% | ||
| Q1 24 | 0.5% | 2.4% |
| Q4 25 | 1.41× | 1.43× | ||
| Q3 25 | 0.91× | 2.77× | ||
| Q2 25 | 0.98× | 0.80× | ||
| Q1 25 | 1.68× | -0.23× | ||
| Q4 24 | 1.06× | 0.51× | ||
| Q3 24 | 0.39× | 1.12× | ||
| Q2 24 | 0.72× | 1.63× | ||
| Q1 24 | 1.52× | -0.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EXPD
| Customs Brokerage And Other Services | $1.1B | 40% |
| Airfreight Services | $1.1B | 39% |
| Ocean Freight And Ocean Services | $611.4M | 21% |
SNPS
| License And Maintenance | $940.7M | 42% |
| Other | $640.0M | 28% |
| Design IP Segment | $407.1M | 18% |
| KR | $236.9M | 11% |
| Sales Based Royalties | $30.1M | 1% |
