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Side-by-side financial comparison of Synopsys (SNPS) and MARRIOTT VACATIONS WORLDWIDE Corp (VAC). 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 1.8× MARRIOTT VACATIONS WORLDWIDE Corp). Synopsys runs the higher net margin — 19.9% vs -35.0%, a 54.9% gap on every dollar of revenue. On growth, Synopsys posted the faster year-over-year revenue change (50.6% vs -0.7%). Synopsys produced more free cash flow last quarter ($605.2M vs $-6.0M). Over the past eight quarters, Synopsys's revenue compounded faster (16.9% CAGR vs 5.2%).
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.
Marriott Vacations Worldwide Corporation is a pure-play public timeshare company. Formerly a division of Marriott International, Marriott Vacations Worldwide was established as a separate, publicly traded entity focusing primarily on vacation ownership in November 2011. Marriott Vacations Worldwide runs more than 120 resorts with over 700,000 Owners and members in a diverse portfolio of brands under The Marriott Vacation Clubs name. Its brands include Marriott Vacation Club, The Marriott Vaca...
SNPS vs VAC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.3B | $1.2B |
| Net Profit | $448.7M | $-431.0M |
| Gross Margin | 71.0% | — |
| Operating Margin | 5.4% | — |
| Net Margin | 19.9% | -35.0% |
| Revenue YoY | 50.6% | -0.7% |
| Net Profit YoY | -59.7% | -962.0% |
| EPS (diluted) | $2.44 | $-12.00 |
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 | $1.2B | ||
| Q3 25 | $1.7B | $1.2B | ||
| Q2 25 | $1.6B | $1.2B | ||
| Q1 25 | $1.5B | $1.1B | ||
| Q4 24 | $1.5B | $1.2B | ||
| Q3 24 | $1.5B | $1.2B | ||
| Q2 24 | $1.5B | $1.1B | ||
| Q1 24 | $1.6B | $1.1B |
| Q4 25 | $448.7M | $-431.0M | ||
| Q3 25 | $242.5M | $-2.0M | ||
| Q2 25 | $345.3M | $69.0M | ||
| Q1 25 | $295.7M | $56.0M | ||
| Q4 24 | $1.1B | $50.0M | ||
| Q3 24 | $408.1M | $84.0M | ||
| Q2 24 | $292.1M | $37.0M | ||
| Q1 24 | $449.1M | $47.0M |
| 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 | 5.4% | — | ||
| Q3 25 | 9.5% | — | ||
| Q2 25 | 23.5% | — | ||
| Q1 25 | 17.3% | — | ||
| Q4 24 | 20.3% | — | ||
| Q3 24 | 23.6% | — | ||
| Q2 24 | 22.8% | — | ||
| Q1 24 | 21.8% | — |
| Q4 25 | 19.9% | -35.0% | ||
| Q3 25 | 13.9% | -0.2% | ||
| Q2 25 | 21.5% | 6.0% | ||
| Q1 25 | 20.3% | 5.0% | ||
| Q4 24 | 74.4% | 4.0% | ||
| Q3 24 | 26.7% | 6.9% | ||
| Q2 24 | 20.1% | 3.5% | ||
| Q1 24 | 27.2% | 4.2% |
| Q4 25 | $2.44 | $-12.00 | ||
| Q3 25 | $1.50 | $-0.07 | ||
| Q2 25 | $2.21 | $1.77 | ||
| Q1 25 | $1.89 | $1.46 | ||
| Q4 24 | $7.13 | $1.29 | ||
| Q3 24 | $2.61 | $2.12 | ||
| Q2 24 | $1.88 | $0.98 | ||
| Q1 24 | $2.89 | $1.22 |
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 | $406.0M |
| Total DebtLower is stronger | $13.5B | — |
| Stockholders' EquityBook value | $28.3B | $2.0B |
| Total Assets | $48.2B | $9.8B |
| Debt / EquityLower = less leverage | 0.48× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.0B | $406.0M | ||
| Q3 25 | $2.6B | $474.0M | ||
| Q2 25 | $14.3B | $205.0M | ||
| Q1 25 | $3.8B | $196.0M | ||
| Q4 24 | $4.1B | $197.0M | ||
| Q3 24 | $2.0B | $197.0M | ||
| Q2 24 | $1.7B | $206.0M | ||
| Q1 24 | $1.3B | $237.0M |
| Q4 25 | $13.5B | — | ||
| Q3 25 | $14.3B | — | ||
| Q2 25 | $10.1B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $28.3B | $2.0B | ||
| Q3 25 | $27.6B | $2.5B | ||
| Q2 25 | $9.9B | $2.5B | ||
| Q1 25 | $9.3B | $2.4B | ||
| Q4 24 | $9.0B | $2.4B | ||
| Q3 24 | $7.7B | $2.4B | ||
| Q2 24 | $7.2B | $2.4B | ||
| Q1 24 | $6.7B | $2.4B |
| Q4 25 | $48.2B | $9.8B | ||
| Q3 25 | $48.2B | $10.1B | ||
| Q2 25 | $23.8B | $9.9B | ||
| Q1 25 | $13.0B | $9.9B | ||
| Q4 24 | $13.1B | $9.8B | ||
| Q3 24 | $11.6B | $9.7B | ||
| Q2 24 | $11.0B | $9.6B | ||
| Q1 24 | $10.6B | $9.9B |
| 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 | $639.7M | $6.0M |
| Free Cash FlowOCF − Capex | $605.2M | $-6.0M |
| FCF MarginFCF / Revenue | 26.8% | -0.5% |
| Capex IntensityCapex / Revenue | 1.5% | 1.0% |
| Cash ConversionOCF / Net Profit | 1.43× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.3B | $-29.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $639.7M | $6.0M | ||
| Q3 25 | $671.0M | $62.0M | ||
| Q2 25 | $275.4M | $-48.0M | ||
| Q1 25 | $-67.5M | $8.0M | ||
| Q4 24 | $562.8M | $100.0M | ||
| Q3 24 | $455.4M | $72.0M | ||
| Q2 24 | $476.6M | $30.0M | ||
| Q1 24 | $-87.8M | $3.0M |
| Q4 25 | $605.2M | $-6.0M | ||
| Q3 25 | $632.4M | $51.0M | ||
| Q2 25 | $219.8M | $-68.0M | ||
| Q1 25 | $-108.2M | $-6.0M | ||
| Q4 24 | $558.4M | $86.0M | ||
| Q3 24 | $415.4M | $58.0M | ||
| Q2 24 | $438.2M | $17.0M | ||
| Q1 24 | $-128.2M | $-13.0M |
| Q4 25 | 26.8% | -0.5% | ||
| Q3 25 | 36.3% | 4.3% | ||
| Q2 25 | 13.7% | -5.9% | ||
| Q1 25 | -7.4% | -0.5% | ||
| Q4 24 | 37.3% | 6.9% | ||
| Q3 24 | 27.2% | 4.8% | ||
| Q2 24 | 30.1% | 1.6% | ||
| Q1 24 | -7.8% | -1.2% |
| Q4 25 | 1.5% | 1.0% | ||
| Q3 25 | 2.2% | 0.9% | ||
| Q2 25 | 3.5% | 1.7% | ||
| Q1 25 | 2.8% | 1.3% | ||
| Q4 24 | 0.3% | 1.1% | ||
| Q3 24 | 2.6% | 1.1% | ||
| Q2 24 | 2.6% | 1.2% | ||
| Q1 24 | 2.4% | 1.4% |
| Q4 25 | 1.43× | — | ||
| Q3 25 | 2.77× | — | ||
| Q2 25 | 0.80× | -0.70× | ||
| Q1 25 | -0.23× | 0.14× | ||
| Q4 24 | 0.51× | 2.00× | ||
| Q3 24 | 1.12× | 0.86× | ||
| Q2 24 | 1.63× | 0.81× | ||
| Q1 24 | -0.20× | 0.06× |
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% |
VAC
| Cost Reimbursement | $467.0M | 38% |
| Time Share | $381.0M | 31% |
| Management And Exchange | $212.0M | 17% |
| Ancillary Revenues | $64.0M | 5% |
| Management Service | $55.0M | 4% |
| Service Other | $36.0M | 3% |
