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Side-by-side financial comparison of Synopsys (SNPS) and Tapestry, Inc. (TPR). Click either name above to swap in a different company.
Tapestry, Inc. is the larger business by last-quarter revenue ($2.5B vs $2.3B, roughly 1.1× Synopsys). Tapestry, Inc. runs the higher net margin — 22.4% vs 19.9%, a 2.5% gap on every dollar of revenue. On growth, Synopsys posted the faster year-over-year revenue change (50.6% vs 14.0%). Tapestry, Inc. produced more free cash flow last quarter ($1.0B vs $605.2M). Over the past eight quarters, Tapestry, Inc.'s revenue compounded faster (29.9% CAGR vs 16.9%).
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.
Tapestry, Inc. is a leading American multinational luxury fashion holding company. It owns three iconic lifestyle brands: Coach, Kate Spade New York, and Stuart Weitzman, offering premium handbags, apparel, footwear, accessories, and fragrances to global consumers via physical retail stores and e-commerce platforms.
SNPS vs TPR — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.3B | $2.5B |
| Net Profit | $448.7M | $561.3M |
| Gross Margin | 71.0% | 75.5% |
| Operating Margin | 5.4% | 28.6% |
| Net Margin | 19.9% | 22.4% |
| Revenue YoY | 50.6% | 14.0% |
| Net Profit YoY | -59.7% | 80.8% |
| EPS (diluted) | $2.44 | $2.68 |
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 | $2.3B | $2.5B | ||
| Q3 25 | $1.7B | $1.7B | ||
| Q2 25 | $1.6B | $1.7B | ||
| Q1 25 | $1.5B | $1.6B | ||
| Q4 24 | $1.5B | $2.2B | ||
| Q3 24 | $1.5B | $1.5B | ||
| Q2 24 | $1.5B | $1.6B | ||
| Q1 24 | $1.6B | $1.5B |
| Q4 25 | $448.7M | $561.3M | ||
| Q3 25 | $242.5M | $274.8M | ||
| Q2 25 | $345.3M | $-517.1M | ||
| Q1 25 | $295.7M | $203.3M | ||
| Q4 24 | $1.1B | $310.4M | ||
| Q3 24 | $408.1M | $186.6M | ||
| Q2 24 | $292.1M | $159.3M | ||
| Q1 24 | $449.1M | $139.4M |
| Q4 25 | 71.0% | 75.5% | ||
| Q3 25 | 78.1% | 76.3% | ||
| Q2 25 | 80.2% | 76.3% | ||
| Q1 25 | 81.4% | 76.1% | ||
| Q4 24 | 78.3% | 74.4% | ||
| Q3 24 | 80.9% | 75.3% | ||
| Q2 24 | 79.4% | 74.9% | ||
| Q1 24 | 80.0% | 74.7% |
| Q4 25 | 5.4% | 28.6% | ||
| Q3 25 | 9.5% | 19.3% | ||
| Q2 25 | 23.5% | -33.9% | ||
| Q1 25 | 17.3% | 16.0% | ||
| Q4 24 | 20.3% | 22.4% | ||
| Q3 24 | 23.6% | 16.7% | ||
| Q2 24 | 22.8% | 14.8% | ||
| Q1 24 | 21.8% | 13.8% |
| Q4 25 | 19.9% | 22.4% | ||
| Q3 25 | 13.9% | 16.1% | ||
| Q2 25 | 21.5% | -30.0% | ||
| Q1 25 | 20.3% | 12.8% | ||
| Q4 24 | 74.4% | 14.1% | ||
| Q3 24 | 26.7% | 12.4% | ||
| Q2 24 | 20.1% | 10.0% | ||
| Q1 24 | 27.2% | 9.4% |
| Q4 25 | $2.44 | $2.68 | ||
| Q3 25 | $1.50 | $1.28 | ||
| Q2 25 | $2.21 | $-2.30 | ||
| Q1 25 | $1.89 | $0.95 | ||
| Q4 24 | $7.13 | $1.38 | ||
| Q3 24 | $2.61 | $0.79 | ||
| Q2 24 | $1.88 | $0.67 | ||
| Q1 24 | $2.89 | $0.60 |
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 | $1.1B |
| Total DebtLower is stronger | $13.5B | $2.4B |
| Stockholders' EquityBook value | $28.3B | $551.2M |
| Total Assets | $48.2B | $6.5B |
| Debt / EquityLower = less leverage | 0.48× | 4.32× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.0B | $1.1B | ||
| Q3 25 | $2.6B | $743.2M | ||
| Q2 25 | $14.3B | $1.1B | ||
| Q1 25 | $3.8B | $1.1B | ||
| Q4 24 | $4.1B | $1.0B | ||
| Q3 24 | $2.0B | $7.3B | ||
| Q2 24 | $1.7B | $7.2B | ||
| Q1 24 | $1.3B | $7.4B |
| Q4 25 | $13.5B | $2.4B | ||
| Q3 25 | $14.3B | $2.4B | ||
| Q2 25 | $10.1B | $2.4B | ||
| Q1 25 | — | $2.4B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $7.0B | ||
| Q2 24 | — | $6.9B | ||
| Q1 24 | — | $7.7B |
| Q4 25 | $28.3B | $551.2M | ||
| Q3 25 | $27.6B | $399.5M | ||
| Q2 25 | $9.9B | $857.8M | ||
| Q1 25 | $9.3B | $1.5B | ||
| Q4 24 | $9.0B | $1.3B | ||
| Q3 24 | $7.7B | $3.0B | ||
| Q2 24 | $7.2B | $2.9B | ||
| Q1 24 | $6.7B | $2.8B |
| Q4 25 | $48.2B | $6.5B | ||
| Q3 25 | $48.2B | $6.4B | ||
| Q2 25 | $23.8B | $6.6B | ||
| Q1 25 | $13.0B | $7.3B | ||
| Q4 24 | $13.1B | $7.3B | ||
| Q3 24 | $11.6B | $13.7B | ||
| Q2 24 | $11.0B | $13.4B | ||
| Q1 24 | $10.6B | $13.7B |
| Q4 25 | 0.48× | 4.32× | ||
| Q3 25 | 0.52× | 5.95× | ||
| Q2 25 | 1.01× | 2.77× | ||
| Q1 25 | — | 1.59× | ||
| Q4 24 | — | 1.78× | ||
| Q3 24 | — | 2.35× | ||
| Q2 24 | — | 2.39× | ||
| Q1 24 | — | 2.77× |
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 | $639.7M | $1.1B |
| Free Cash FlowOCF − Capex | $605.2M | $1.0B |
| FCF MarginFCF / Revenue | 26.8% | 41.5% |
| Capex IntensityCapex / Revenue | 1.5% | 1.7% |
| Cash ConversionOCF / Net Profit | 1.43× | 1.93× |
| TTM Free Cash FlowTrailing 4 quarters | $1.3B | $1.6B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $639.7M | $1.1B | ||
| Q3 25 | $671.0M | $112.6M | ||
| Q2 25 | $275.4M | $446.8M | ||
| Q1 25 | $-67.5M | $144.3M | ||
| Q4 24 | $562.8M | $506.0M | ||
| Q3 24 | $455.4M | $119.5M | ||
| Q2 24 | $476.6M | $256.0M | ||
| Q1 24 | $-87.8M | $97.8M |
| Q4 25 | $605.2M | $1.0B | ||
| Q3 25 | $632.4M | $80.2M | ||
| Q2 25 | $219.8M | $411.5M | ||
| Q1 25 | $-108.2M | $113.4M | ||
| Q4 24 | $558.4M | $475.1M | ||
| Q3 24 | $415.4M | $93.9M | ||
| Q2 24 | $438.2M | $209.8M | ||
| Q1 24 | $-128.2M | $78.8M |
| Q4 25 | 26.8% | 41.5% | ||
| Q3 25 | 36.3% | 4.7% | ||
| Q2 25 | 13.7% | 23.9% | ||
| Q1 25 | -7.4% | 7.2% | ||
| Q4 24 | 37.3% | 21.6% | ||
| Q3 24 | 27.2% | 6.2% | ||
| Q2 24 | 30.1% | 13.2% | ||
| Q1 24 | -7.8% | 5.3% |
| Q4 25 | 1.5% | 1.7% | ||
| Q3 25 | 2.2% | 1.9% | ||
| Q2 25 | 3.5% | 2.0% | ||
| Q1 25 | 2.8% | 2.0% | ||
| Q4 24 | 0.3% | 1.4% | ||
| Q3 24 | 2.6% | 1.7% | ||
| Q2 24 | 2.6% | 2.9% | ||
| Q1 24 | 2.4% | 1.3% |
| Q4 25 | 1.43× | 1.93× | ||
| Q3 25 | 2.77× | 0.41× | ||
| Q2 25 | 0.80× | — | ||
| Q1 25 | -0.23× | 0.71× | ||
| Q4 24 | 0.51× | 1.63× | ||
| Q3 24 | 1.12× | 0.64× | ||
| Q2 24 | 1.63× | 1.61× | ||
| Q1 24 | -0.20× | 0.70× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
TPR
| Coach | $1.4B | 57% |
| Other | $787.0M | 31% |
| Kate Spade Company | $290.0M | 12% |
