Company / Interest Expense
Synopsys Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$3.4M
FY2023
5-year range
$1.7M / $11.7M
FY2019-FY2023
Trend
+98.2%
vs FY2022
Sector context
#78 of 90
Information Technology
What the data says
Synopsys's interest expense of $3M is lower than 87% of companies in the Information Technology sector (FY2023). Interest Expense returned to growth in FY2023 after 2 years of decline, reaching $3M.
Based on SEC 10-K filings.
$3M in FY2023 with a 5-year CAGR of -2.3%.
Improved from $12M to $3M over the past 2 years.
Information Technology sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -40.0%
- 5-Year CAGR
- -2.3%
- 10-Year CAGR
- -
Sector benchmark
Top 13% in Information TechnologyTop 13% of 90This company $3.4M Sector average $170.2M
▼
-98.0% below sector average
Key checks
Key Insights
- 5-year CAGR of -2.3%, indicating a declining trend.
- In FY2023, interest expense increased 98.2% year-over-year.
- Ranks #78 out of 90 companies in the Information Technology sector.
- Peak interest expense was recorded in FY2020.
Company context
Key Data Points
- Altman Z-Score 1.02 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $3.4M | +98.2% |
| FY2022 | $1.7M | -85.4% |
| FY2021 | $11.7M | -25.3% |
| FY2020 | $15.6M | +113.7% |
| FY2019 | $7.3M | +93.7% |
| FY2018 | $3.8M | +34.0% |
| FY2017 | $2.8M | -25.4% |
| FY2016 | $3.8M | +34.0% |
As of FY2023 · SEC Form 10-K · Last checked Jun 30, 2026