8-K/AFinancial Events

SYNOPSYS INC 8-K/A Report, Exit or Disposal Costs (Aug 26, 2026)

Filed August 26, 2026For Securities:SNPS

Summary

Synopsys Inc. (SNPS) has filed an 8-K detailing updated estimates for its previously disclosed Restructuring Plan. The company now anticipates recognizing pre-tax charges between $425 million and $500 million, an increase from prior estimates. These charges are primarily associated with severance and one-time termination benefits, along with costs related to global site closures as part of its strategic initiative. Investors should note that these updated figures reflect a range, and the actual charges could vary. The company explicitly states that these forward-looking statements are subject to risks and uncertainties, including the ability to successfully implement the restructuring across various jurisdictions, potential changes in the components and timing of costs, and the realization of anticipated benefits. Investors are advised to consult the "Risk Factors" section in Synopsys's latest SEC filings for a more comprehensive understanding of these potential risks.

Key Highlights

  • 1Synopsys updates its Restructuring Plan cost estimates, now projecting pre-tax charges between $425 million and $500 million.
  • 2The increase in estimated charges is primarily driven by severance and one-time termination benefits.
  • 3Additional costs are expected due to global site closures as part of the company's site strategy.
  • 4The company emphasizes that these estimates are subject to risks and uncertainties that could impact actual results and timelines.
  • 5Factors influencing actual outcomes include implementation success across different jurisdictions and potential changes to the scope and timing of costs.
  • 6Investors are directed to review Synopsys's SEC filings for detailed risk factors related to the restructuring.
  • 7The provided information is current as of August 26, 2026, and Synopsys does not intend to update these statements unless legally required.

Frequently Asked Questions

The updated cost estimates are primarily due to additional restructuring costs identified, including severance and other one-time termination benefits, as well as costs associated with certain global site closures as part of the company's site strategy.

Synopsys now estimates that it will recognize pre-tax charges to its GAAP financial results ranging from $425 million to $500 million.

Key risks include Synopsys's ability to implement the restructuring across various jurisdictions, possible changes in the size, components, and timing of expected costs, and the company's ability to achieve the intended benefits of the restructuring. These are detailed in the "Risk Factors" sections of Synopsys's SEC filings.

Synopsys undertakes no duty to, and does not intend to, update any forward-looking statement regarding these costs, whether as a result of new information, future events, or otherwise, unless required by law.