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Side-by-side financial comparison of Huntington Ingalls Industries (HII) and Synopsys (SNPS). Click either name above to swap in a different company.
Huntington Ingalls Industries is the larger business by last-quarter revenue ($3.5B vs $2.3B, roughly 1.5× Synopsys). Synopsys runs the higher net margin — 19.9% vs 4.6%, a 15.3% gap on every dollar of revenue. On growth, Synopsys posted the faster year-over-year revenue change (50.6% vs 15.7%). Synopsys produced more free cash flow last quarter ($605.2M vs $516.0M). Over the past eight quarters, Synopsys's revenue compounded faster (16.9% CAGR vs 11.3%).
Huntington Ingalls Industries, Inc. (HII) is the largest military shipbuilding company in the United States as well as a provider of professional services to partners in government and industry. HII was formed on 31 March 2011, as a divestiture from Northrop Grumman.
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.
HII vs SNPS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $3.5B | $2.3B |
| Net Profit | $159.0M | $448.7M |
| Gross Margin | — | 71.0% |
| Operating Margin | 4.9% | 5.4% |
| Net Margin | 4.6% | 19.9% |
| Revenue YoY | 15.7% | 50.6% |
| Net Profit YoY | 29.3% | -59.7% |
| EPS (diluted) | $4.06 | $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 | $3.5B | $2.3B | ||
| Q3 25 | $3.2B | $1.7B | ||
| Q2 25 | $3.1B | $1.6B | ||
| Q1 25 | $2.7B | $1.5B | ||
| Q4 24 | $3.0B | $1.5B | ||
| Q3 24 | $2.7B | $1.5B | ||
| Q2 24 | $3.0B | $1.5B | ||
| Q1 24 | $2.8B | $1.6B |
| Q4 25 | $159.0M | $448.7M | ||
| Q3 25 | $145.0M | $242.5M | ||
| Q2 25 | $152.0M | $345.3M | ||
| Q1 25 | $149.0M | $295.7M | ||
| Q4 24 | $123.0M | $1.1B | ||
| Q3 24 | $101.0M | $408.1M | ||
| Q2 24 | $173.0M | $292.1M | ||
| Q1 24 | $153.0M | $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 | 4.9% | 5.4% | ||
| Q3 25 | 5.0% | 9.5% | ||
| Q2 25 | 5.3% | 23.5% | ||
| Q1 25 | 5.9% | 17.3% | ||
| Q4 24 | 3.7% | 20.3% | ||
| Q3 24 | 3.0% | 23.6% | ||
| Q2 24 | 6.3% | 22.8% | ||
| Q1 24 | 5.5% | 21.8% |
| Q4 25 | 4.6% | 19.9% | ||
| Q3 25 | 4.5% | 13.9% | ||
| Q2 25 | 4.9% | 21.5% | ||
| Q1 25 | 5.4% | 20.3% | ||
| Q4 24 | 4.1% | 74.4% | ||
| Q3 24 | 3.7% | 26.7% | ||
| Q2 24 | 5.8% | 20.1% | ||
| Q1 24 | 5.5% | 27.2% |
| Q4 25 | $4.06 | $2.44 | ||
| Q3 25 | $3.68 | $1.50 | ||
| Q2 25 | $3.86 | $2.21 | ||
| Q1 25 | $3.79 | $1.89 | ||
| Q4 24 | $3.15 | $7.13 | ||
| Q3 24 | $2.56 | $2.61 | ||
| Q2 24 | $4.38 | $1.88 | ||
| Q1 24 | $3.87 | $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 | — | $3.0B |
| Total DebtLower is stronger | $2.7B | $13.5B |
| Stockholders' EquityBook value | $5.1B | $28.3B |
| Total Assets | $12.7B | $48.2B |
| Debt / EquityLower = less leverage | 0.53× | 0.48× |
8-quarter trend — quarters aligned by calendar period.
| 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 | $10.0M | $1.3B |
| Q4 25 | $2.7B | $13.5B | ||
| Q3 25 | — | $14.3B | ||
| Q2 25 | — | $10.1B | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $5.1B | $28.3B | ||
| Q3 25 | $5.0B | $27.6B | ||
| Q2 25 | $4.9B | $9.9B | ||
| Q1 25 | $4.8B | $9.3B | ||
| Q4 24 | $4.7B | $9.0B | ||
| Q3 24 | $4.2B | $7.7B | ||
| Q2 24 | $4.2B | $7.2B | ||
| Q1 24 | $4.1B | $6.7B |
| Q4 25 | $12.7B | $48.2B | ||
| Q3 25 | $12.3B | $48.2B | ||
| Q2 25 | $12.1B | $23.8B | ||
| Q1 25 | $12.1B | $13.0B | ||
| Q4 24 | $12.1B | $13.1B | ||
| Q3 24 | $11.1B | $11.6B | ||
| Q2 24 | $11.3B | $11.0B | ||
| Q1 24 | $11.2B | $10.6B |
| Q4 25 | 0.53× | 0.48× | ||
| Q3 25 | — | 0.52× | ||
| Q2 25 | — | 1.01× | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.58× | — | ||
| 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 | $650.0M | $639.7M |
| Free Cash FlowOCF − Capex | $516.0M | $605.2M |
| FCF MarginFCF / Revenue | 14.8% | 26.8% |
| Capex IntensityCapex / Revenue | 3.9% | 1.5% |
| Cash ConversionOCF / Net Profit | 4.09× | 1.43× |
| TTM Free Cash FlowTrailing 4 quarters | $794.0M | $1.3B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $650.0M | $639.7M | ||
| Q3 25 | $118.0M | $671.0M | ||
| Q2 25 | $823.0M | $275.4M | ||
| Q1 25 | $-395.0M | $-67.5M | ||
| Q4 24 | $391.0M | $562.8M | ||
| Q3 24 | $213.0M | $455.4M | ||
| Q2 24 | $-9.0M | $476.6M | ||
| Q1 24 | $-202.0M | $-87.8M |
| Q4 25 | $516.0M | $605.2M | ||
| Q3 25 | $13.0M | $632.4M | ||
| Q2 25 | $727.0M | $219.8M | ||
| Q1 25 | $-462.0M | $-108.2M | ||
| Q4 24 | $277.0M | $558.4M | ||
| Q3 24 | $125.0M | $415.4M | ||
| Q2 24 | $-99.0M | $438.2M | ||
| Q1 24 | $-277.0M | $-128.2M |
| Q4 25 | 14.8% | 26.8% | ||
| Q3 25 | 0.4% | 36.3% | ||
| Q2 25 | 23.6% | 13.7% | ||
| Q1 25 | -16.9% | -7.4% | ||
| Q4 24 | 9.2% | 37.3% | ||
| Q3 24 | 4.5% | 27.2% | ||
| Q2 24 | -3.3% | 30.1% | ||
| Q1 24 | -9.9% | -7.8% |
| Q4 25 | 3.9% | 1.5% | ||
| Q3 25 | 3.3% | 2.2% | ||
| Q2 25 | 3.1% | 3.5% | ||
| Q1 25 | 2.5% | 2.8% | ||
| Q4 24 | 3.8% | 0.3% | ||
| Q3 24 | 3.2% | 2.6% | ||
| Q2 24 | 3.0% | 2.6% | ||
| Q1 24 | 2.7% | 2.4% |
| Q4 25 | 4.09× | 1.43× | ||
| Q3 25 | 0.81× | 2.77× | ||
| Q2 25 | 5.41× | 0.80× | ||
| Q1 25 | -2.65× | -0.23× | ||
| Q4 24 | 3.18× | 0.51× | ||
| Q3 24 | 2.11× | 1.12× | ||
| Q2 24 | -0.05× | 1.63× | ||
| Q1 24 | -1.32× | -0.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HII
| Aircraftcarriers | $984.0M | 28% |
| Fixedpriceincentive | $758.0M | 22% |
| Submarines | $744.0M | 21% |
| Surfacecombatantsandcoastguardcutters | $452.0M | 13% |
| Amphibiousassaultships | $433.0M | 12% |
| Costtype | $123.0M | 4% |
| Otherprograms | $4.0M | 0% |
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% |
