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Side-by-side financial comparison of Synopsys (SNPS) and WESTLAKE CORP (WLK). Click either name above to swap in a different company.

WESTLAKE CORP is the larger business by last-quarter revenue ($2.5B vs $2.4B, roughly 1.1× Synopsys). Synopsys runs the higher net margin — 2.7% vs -21.5%, a 24.2% gap on every dollar of revenue. On growth, Synopsys posted the faster year-over-year revenue change (-2.2% vs -10.9%). Over the past eight quarters, Synopsys's revenue compounded faster (28.7% CAGR vs -7.7%).

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.

Westlake Corporation is an international manufacturer and supplier of petrochemicals, polymers and fabricated building products, which are fundamental to various consumer and industrial markets. The company was founded by Ting Tsung Chao in 1986. it is the largest producer of low-density polyethylene (LDPE) in the US and ranks among the Forbes Global 2000. Westlake Chemical operates in two segments: Olefins and Vinyls, and is also an integrated producer of vinyls, with substantial downstream ...

SNPS vs WLK — Head-to-Head

Bigger by revenue
WLK
WLK
1.1× larger
WLK
$2.5B
$2.4B
SNPS
Growing faster (revenue YoY)
SNPS
SNPS
+8.7% gap
SNPS
-2.2%
-10.9%
WLK
Higher net margin
SNPS
SNPS
24.2% more per $
SNPS
2.7%
-21.5%
WLK
Faster 2-yr revenue CAGR
SNPS
SNPS
Annualised
SNPS
28.7%
-7.7%
WLK

Income Statement — Q1 FY2027 vs Q4 FY2025

Metric
SNPS
SNPS
WLK
WLK
Revenue
$2.4B
$2.5B
Net Profit
$64.7M
$-544.0M
Gross Margin
73.5%
3.4%
Operating Margin
8.4%
-26.5%
Net Margin
2.7%
-21.5%
Revenue YoY
-2.2%
-10.9%
Net Profit YoY
-78.2%
-7871.4%
EPS (diluted)
$0.34
$-4.22

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
SNPS
SNPS
WLK
WLK
Q4 26
$2.4B
Q4 25
$2.3B
$2.5B
Q3 25
$1.7B
$2.8B
Q2 25
$1.6B
$3.0B
Q1 25
$1.5B
$2.8B
Q4 24
$1.5B
$2.8B
Q3 24
$1.5B
$3.1B
Q2 24
$1.5B
$3.2B
Net Profit
SNPS
SNPS
WLK
WLK
Q4 26
$64.7M
Q4 25
$448.7M
$-544.0M
Q3 25
$242.5M
$-782.0M
Q2 25
$345.3M
$-142.0M
Q1 25
$295.7M
$-40.0M
Q4 24
$1.1B
$7.0M
Q3 24
$408.1M
$108.0M
Q2 24
$292.1M
$313.0M
Gross Margin
SNPS
SNPS
WLK
WLK
Q4 26
73.5%
Q4 25
71.0%
3.4%
Q3 25
78.1%
8.3%
Q2 25
80.2%
8.7%
Q1 25
81.4%
8.2%
Q4 24
78.3%
11.5%
Q3 24
80.9%
16.0%
Q2 24
79.4%
20.7%
Operating Margin
SNPS
SNPS
WLK
WLK
Q4 26
8.4%
Q4 25
5.4%
-26.5%
Q3 25
9.5%
-27.0%
Q2 25
23.5%
-3.7%
Q1 25
17.3%
-1.1%
Q4 24
20.3%
2.3%
Q3 24
23.6%
5.8%
Q2 24
22.8%
12.7%
Net Margin
SNPS
SNPS
WLK
WLK
Q4 26
2.7%
Q4 25
19.9%
-21.5%
Q3 25
13.9%
-27.6%
Q2 25
21.5%
-4.8%
Q1 25
20.3%
-1.4%
Q4 24
74.4%
0.2%
Q3 24
26.7%
3.5%
Q2 24
20.1%
9.8%
EPS (diluted)
SNPS
SNPS
WLK
WLK
Q4 26
$0.34
Q4 25
$2.44
$-4.22
Q3 25
$1.50
$-6.06
Q2 25
$2.21
$-1.11
Q1 25
$1.89
$-0.31
Q4 24
$7.13
$0.07
Q3 24
$2.61
$0.83
Q2 24
$1.88
$2.40

Balance Sheet & Financial Strength

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

Metric
SNPS
SNPS
WLK
WLK
Cash + ST InvestmentsLiquidity on hand
$2.2B
$2.7B
Total DebtLower is stronger
$10.0B
$5.6B
Stockholders' EquityBook value
$30.5B
$8.8B
Total Assets
$47.2B
$20.0B
Debt / EquityLower = less leverage
0.33×
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SNPS
SNPS
WLK
WLK
Q4 26
$2.2B
Q4 25
$3.0B
$2.7B
Q3 25
$2.6B
$1.9B
Q2 25
$14.3B
$2.1B
Q1 25
$3.8B
$2.3B
Q4 24
$4.1B
$2.9B
Q3 24
$2.0B
$2.9B
Q2 24
$1.7B
$3.0B
Total Debt
SNPS
SNPS
WLK
WLK
Q4 26
$10.0B
Q4 25
$13.5B
$5.6B
Q3 25
$14.3B
$4.7B
Q2 25
$10.1B
$4.7B
Q1 25
$4.6B
Q4 24
$4.6B
Q3 24
$4.6B
Q2 24
$4.9B
Stockholders' Equity
SNPS
SNPS
WLK
WLK
Q4 26
$30.5B
Q4 25
$28.3B
$8.8B
Q3 25
$27.6B
$9.4B
Q2 25
$9.9B
$10.3B
Q1 25
$9.3B
$10.4B
Q4 24
$9.0B
$10.5B
Q3 24
$7.7B
$10.7B
Q2 24
$7.2B
$10.6B
Total Assets
SNPS
SNPS
WLK
WLK
Q4 26
$47.2B
Q4 25
$48.2B
$20.0B
Q3 25
$48.2B
$19.8B
Q2 25
$23.8B
$20.8B
Q1 25
$13.0B
$20.7B
Q4 24
$13.1B
$20.8B
Q3 24
$11.6B
$21.1B
Q2 24
$11.0B
$21.1B
Debt / Equity
SNPS
SNPS
WLK
WLK
Q4 26
0.33×
Q4 25
0.48×
0.64×
Q3 25
0.52×
0.49×
Q2 25
1.01×
0.45×
Q1 25
0.44×
Q4 24
0.43×
Q3 24
0.43×
Q2 24
0.46×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SNPS
SNPS
WLK
WLK
Operating Cash FlowLast quarter
$225.0M
Free Cash FlowOCF − Capex
$-16.0M
FCF MarginFCF / Revenue
-0.6%
Capex IntensityCapex / Revenue
9.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-530.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SNPS
SNPS
WLK
WLK
Q4 26
Q4 25
$639.7M
$225.0M
Q3 25
$671.0M
$182.0M
Q2 25
$275.4M
$135.0M
Q1 25
$-67.5M
$-77.0M
Q4 24
$562.8M
$434.0M
Q3 24
$455.4M
$474.0M
Q2 24
$476.6M
$237.0M
Free Cash Flow
SNPS
SNPS
WLK
WLK
Q4 26
Q4 25
$605.2M
$-16.0M
Q3 25
$632.4M
$-57.0M
Q2 25
$219.8M
$-132.0M
Q1 25
$-108.2M
$-325.0M
Q4 24
$558.4M
$149.0M
Q3 24
$415.4M
$254.0M
Q2 24
$438.2M
$6.0M
FCF Margin
SNPS
SNPS
WLK
WLK
Q4 26
Q4 25
26.8%
-0.6%
Q3 25
36.3%
-2.0%
Q2 25
13.7%
-4.5%
Q1 25
-7.4%
-11.4%
Q4 24
37.3%
5.2%
Q3 24
27.2%
8.1%
Q2 24
30.1%
0.2%
Capex Intensity
SNPS
SNPS
WLK
WLK
Q4 26
Q4 25
1.5%
9.5%
Q3 25
2.2%
8.4%
Q2 25
3.5%
9.0%
Q1 25
2.8%
8.7%
Q4 24
0.3%
10.0%
Q3 24
2.6%
7.1%
Q2 24
2.6%
7.2%
Cash Conversion
SNPS
SNPS
WLK
WLK
Q4 26
Q4 25
1.43×
Q3 25
2.77×
Q2 25
0.80×
Q1 25
-0.23×
Q4 24
0.51×
62.00×
Q3 24
1.12×
4.39×
Q2 24
1.63×
0.76×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SNPS
SNPS

Time-based products$951.5M40%
Upfront products$741.5M31%
Maintenance and service$715.7M30%

WLK
WLK

Performance Materials$930.0M37%
Housing Products$767.0M30%
Essential Materials$702.0M28%
Infrastructure Products$134.0M5%

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