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Side-by-side financial comparison of eXp World Holdings, Inc. (EXPI) and Synopsys (SNPS). Click either name above to swap in a different company.

Synopsys is the larger business by last-quarter revenue ($2.3B vs $1.2B, roughly 1.9× eXp World Holdings, Inc.). Synopsys runs the higher net margin — 19.9% vs -1.1%, a 21.0% gap on every dollar of revenue. On growth, Synopsys posted the faster year-over-year revenue change (50.6% vs 8.5%). Synopsys produced more free cash flow last quarter ($605.2M vs $11.9M). Over the past eight quarters, Synopsys's revenue compounded faster (16.9% CAGR vs 12.4%).

eXp World Holdings, Inc. is a global cloud-based real estate services provider. It operates the eXp Realty brokerage network, leverages immersive virtual 3D campus environments to support agent collaboration and operations, serves residential and commercial real estate markets across over 20 countries, and offers complementary services including mortgage, title insurance and professional development resources for real estate practitioners.

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.

EXPI vs SNPS — Head-to-Head

Bigger by revenue
SNPS
SNPS
1.9× larger
SNPS
$2.3B
$1.2B
EXPI
Growing faster (revenue YoY)
SNPS
SNPS
+42.0% gap
SNPS
50.6%
8.5%
EXPI
Higher net margin
SNPS
SNPS
21.0% more per $
SNPS
19.9%
-1.1%
EXPI
More free cash flow
SNPS
SNPS
$593.3M more FCF
SNPS
$605.2M
$11.9M
EXPI
Faster 2-yr revenue CAGR
SNPS
SNPS
Annualised
SNPS
16.9%
12.4%
EXPI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EXPI
EXPI
SNPS
SNPS
Revenue
$1.2B
$2.3B
Net Profit
$-12.9M
$448.7M
Gross Margin
71.0%
Operating Margin
-1.1%
5.4%
Net Margin
-1.1%
19.9%
Revenue YoY
8.5%
50.6%
Net Profit YoY
-35.7%
-59.7%
EPS (diluted)
$-0.08
$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
EXPI
EXPI
SNPS
SNPS
Q4 25
$1.2B
$2.3B
Q3 25
$1.3B
$1.7B
Q2 25
$1.3B
$1.6B
Q1 25
$954.9M
$1.5B
Q4 24
$1.1B
$1.5B
Q3 24
$1.2B
$1.5B
Q2 24
$1.3B
$1.5B
Q1 24
$943.1M
$1.6B
Net Profit
EXPI
EXPI
SNPS
SNPS
Q4 25
$-12.9M
$448.7M
Q3 25
$3.5M
$242.5M
Q2 25
$-2.3M
$345.3M
Q1 25
$-11.0M
$295.7M
Q4 24
$-9.5M
$1.1B
Q3 24
$-8.5M
$408.1M
Q2 24
$12.4M
$292.1M
Q1 24
$-15.6M
$449.1M
Gross Margin
EXPI
EXPI
SNPS
SNPS
Q4 25
71.0%
Q3 25
78.1%
Q2 25
80.2%
Q1 25
81.4%
Q4 24
78.3%
Q3 24
99.9%
80.9%
Q2 24
99.9%
79.4%
Q1 24
80.0%
Operating Margin
EXPI
EXPI
SNPS
SNPS
Q4 25
-1.1%
5.4%
Q3 25
0.3%
9.5%
Q2 25
-0.2%
23.5%
Q1 25
-1.1%
17.3%
Q4 24
-1.0%
20.3%
Q3 24
-0.7%
23.6%
Q2 24
1.4%
22.8%
Q1 24
-1.9%
21.8%
Net Margin
EXPI
EXPI
SNPS
SNPS
Q4 25
-1.1%
19.9%
Q3 25
0.3%
13.9%
Q2 25
-0.2%
21.5%
Q1 25
-1.2%
20.3%
Q4 24
-0.9%
74.4%
Q3 24
-0.7%
26.7%
Q2 24
1.0%
20.1%
Q1 24
-1.7%
27.2%
EPS (diluted)
EXPI
EXPI
SNPS
SNPS
Q4 25
$-0.08
$2.44
Q3 25
$0.02
$1.50
Q2 25
$-0.01
$2.21
Q1 25
$-0.07
$1.89
Q4 24
$-0.06
$7.13
Q3 24
$-0.06
$2.61
Q2 24
$0.08
$1.88
Q1 24
$-0.10
$2.89

Balance Sheet & Financial Strength

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

Metric
EXPI
EXPI
SNPS
SNPS
Cash + ST InvestmentsLiquidity on hand
$124.2M
$3.0B
Total DebtLower is stronger
$13.5B
Stockholders' EquityBook value
$242.8M
$28.3B
Total Assets
$442.5M
$48.2B
Debt / EquityLower = less leverage
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXPI
EXPI
SNPS
SNPS
Q4 25
$124.2M
$3.0B
Q3 25
$112.8M
$2.6B
Q2 25
$94.6M
$14.3B
Q1 25
$115.7M
$3.8B
Q4 24
$113.6M
$4.1B
Q3 24
$130.4M
$2.0B
Q2 24
$108.4M
$1.7B
Q1 24
$109.2M
$1.3B
Total Debt
EXPI
EXPI
SNPS
SNPS
Q4 25
$13.5B
Q3 25
$14.3B
Q2 25
$10.1B
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
EXPI
EXPI
SNPS
SNPS
Q4 25
$242.8M
$28.3B
Q3 25
$235.3M
$27.6B
Q2 25
$218.4M
$9.9B
Q1 25
$212.0M
$9.3B
Q4 24
$204.9M
$9.0B
Q3 24
$211.1M
$7.7B
Q2 24
$220.3M
$7.2B
Q1 24
$222.4M
$6.7B
Total Assets
EXPI
EXPI
SNPS
SNPS
Q4 25
$442.5M
$48.2B
Q3 25
$458.7M
$48.2B
Q2 25
$481.2M
$23.8B
Q1 25
$435.8M
$13.0B
Q4 24
$390.7M
$13.1B
Q3 24
$432.6M
$11.6B
Q2 24
$457.4M
$11.0B
Q1 24
$426.7M
$10.6B
Debt / Equity
EXPI
EXPI
SNPS
SNPS
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
EXPI
EXPI
SNPS
SNPS
Operating Cash FlowLast quarter
$13.8M
$639.7M
Free Cash FlowOCF − Capex
$11.9M
$605.2M
FCF MarginFCF / Revenue
1.0%
26.8%
Capex IntensityCapex / Revenue
0.2%
1.5%
Cash ConversionOCF / Net Profit
1.43×
TTM Free Cash FlowTrailing 4 quarters
$109.0M
$1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXPI
EXPI
SNPS
SNPS
Q4 25
$13.8M
$639.7M
Q3 25
$28.9M
$671.0M
Q2 25
$36.1M
$275.4M
Q1 25
$39.8M
$-67.5M
Q4 24
$13.7M
$562.8M
Q3 24
$46.0M
$455.4M
Q2 24
$71.1M
$476.6M
Q1 24
$60.7M
$-87.8M
Free Cash Flow
EXPI
EXPI
SNPS
SNPS
Q4 25
$11.9M
$605.2M
Q3 25
$26.6M
$632.4M
Q2 25
$33.3M
$219.8M
Q1 25
$37.3M
$-108.2M
Q4 24
$11.6M
$558.4M
Q3 24
$44.4M
$415.4M
Q2 24
$69.7M
$438.2M
Q1 24
$59.3M
$-128.2M
FCF Margin
EXPI
EXPI
SNPS
SNPS
Q4 25
1.0%
26.8%
Q3 25
2.0%
36.3%
Q2 25
2.5%
13.7%
Q1 25
3.9%
-7.4%
Q4 24
1.1%
37.3%
Q3 24
3.6%
27.2%
Q2 24
5.4%
30.1%
Q1 24
6.3%
-7.8%
Capex Intensity
EXPI
EXPI
SNPS
SNPS
Q4 25
0.2%
1.5%
Q3 25
0.2%
2.2%
Q2 25
0.2%
3.5%
Q1 25
0.3%
2.8%
Q4 24
0.2%
0.3%
Q3 24
0.1%
2.6%
Q2 24
0.1%
2.6%
Q1 24
0.1%
2.4%
Cash Conversion
EXPI
EXPI
SNPS
SNPS
Q4 25
1.43×
Q3 25
8.26×
2.77×
Q2 25
0.80×
Q1 25
-0.23×
Q4 24
0.51×
Q3 24
1.12×
Q2 24
5.75×
1.63×
Q1 24
-0.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EXPI
EXPI

North American Realty$1.1B96%
International Realty$42.2M4%

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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