Synopsys vs Workday
Workday is the larger business, with $9.55bn of revenue in fiscal 2026 against $7.05bn for Synopsys (1.4 times as much). Synopsys grew faster (15.1% against 13.1%). Synopsys kept more of each dollar of sales as profit: a net margin of 18.9% against 7.3%. Workday carries less debt relative to equity (38.3% against 47.9%).
| Latest fiscal year | SynopsysSNPS, 2025 | WorkdayWDAY, 2026 |
|---|---|---|
| Revenue | $7.05bn | $9.55bn |
| Revenue growth | 15.1% | 13.1% |
| Net income | $1.33bn | $693m |
| Operating margin | 13.0% | 7.5% |
| Net margin | 18.9% | 7.3% |
| Return on equity | 7.1% | 8.2% |
| Free cash flow | $1.35bn | $2.78bn |
| Cash | $2.89bn | $1.50bn |
| Total debt | $13.57bn | $2.99bn |
| Debt to equity | 47.9% | 38.3% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $0 | $2.90bn |
| Employees | 28,000 | 21,000 |
| Market value | $88.81bn | $48.97bn |
| Price vs our value range | Above our value range | Within our value range |
| Moat score | 59 (Moderate) | 22 (Weak) |
| Insider trades, 12 months | 0 buys, 15 sales | 0 buys, 276 sales |