CDNS
Income statement / Annual
Last year (2024), Cadence Design Systems, Inc.'s total revenue was $4.64 B,
an increase of 13.48% from the previous year.
In 2024, Cadence Design Systems, Inc.'s net income was $1.06 B.
See Cadence Design Systems, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
01/01/2022 |
01/02/2021 |
12/28/2019 |
12/29/2018 |
12/30/2017 |
12/31/2016 |
01/02/2016 |
| Operating Revenue |
$4.64 B |
$4.09 B |
$3.56 B |
$2.99 B |
$2.68 B |
$2.34 B |
$2.14 B |
$1.94 B |
$1.82 B |
$1.70 B |
| Cost of Revenue |
$210.90 M
|
$435.04 M
|
$371.62 M
|
$307.01 M
|
$305.50 M
|
$266.36 M
|
$258.75 M
|
$237.39 M
|
$256.49 M
|
$238.45 M
|
| Gross Profit |
$4.43 B
|
$3.65 B
|
$3.19 B
|
$2.68 B
|
$2.38 B
|
$2.07 B
|
$1.88 B
|
$1.71 B
|
$1.56 B
|
$1.46 B
|
| Gross Profit Ratio |
0.95
|
0.89
|
0.9
|
0.9
|
0.89
|
0.89
|
0.88
|
0.88
|
0.86
|
0.86
|
| Research and Development Expenses |
$1.55 B
|
$1.44 B
|
$1.25 B
|
$1.13 B
|
$1.03 B
|
$935.94 M
|
$884.82 M
|
$804.22 M
|
$735.34 M
|
$637.57 M
|
| General & Administrative Expenses |
$282.28 M
|
$230.33 M
|
$242.12 M
|
$189.02 M
|
$154.43 M
|
$139.81 M
|
$133.41 M
|
$134.18 M
|
$125.11 M
|
$109.98 M
|
| Selling & Marketing Expenses |
$757.48 M
|
$690.32 M
|
$604.22 M
|
$560.26 M
|
$516.46 M
|
$481.67 M
|
$439.67 M
|
$419.16 M
|
$395.19 M
|
$402.43 M
|
| Selling, General & Administrative Expenses |
$1.04 B
|
$920.65 M
|
$846.34 M
|
$749.28 M
|
$670.89 M
|
$621.48 M
|
$573.08 M
|
$553.34 M
|
$520.30 M
|
$512.41 M
|
| Other Expenses |
$490.74 M
|
$41.28 M
|
$18.47 M
|
$19.64 M
|
$18.01 M
|
$12.13 M
|
$3.32 M
|
$16.76 M
|
$15.92 M
|
$10.48 M
|
| Operating Expenses |
$3.08 B
|
$2.40 B
|
$2.12 B
|
$1.90 B
|
$1.72 B
|
$1.57 B
|
$1.47 B
|
$1.37 B
|
$1.27 B
|
$1.17 B
|
| Cost And Expenses |
$3.29 B
|
$2.84 B
|
$2.49 B
|
$2.21 B
|
$2.03 B
|
$1.84 B
|
$1.73 B
|
$1.61 B
|
$1.53 B
|
$1.41 B
|
| Interest Income |
$62.48 M
|
$29.64 M
|
$10.10 M
|
$2.63 M
|
$3.82 M
|
$9.51 M
|
$8.07 M
|
$3.88 M
|
$2.92 M
|
$2.67 M
|
| Interest Expense |
$76.00 M
|
$36.19 M
|
$22.93 M
|
$16.98 M
|
$20.75 M
|
$18.83 M
|
$23.14 M
|
$25.66 M
|
$23.67 M
|
$28.31 M
|
| Depreciation & Amortization |
$195.02 M
|
$145.74 M
|
$132.09 M
|
$142.31 M
|
$145.65 M
|
$122.79 M
|
$118.72 M
|
$115.52 M
|
$119.59 M
|
$118.17 M
|
| EBITDA |
$1.67 B |
$1.42 B |
$1.20 B |
$927.72 M |
$799.15 M |
$620.59 M |
$526.02 M |
$448.89 M |
$406.54 M |
$408.81 M |
| EBITDA Ratio |
0.36
|
0.35
|
0.34
|
0.31
|
0.3
|
0.27
|
0.25
|
0.24
|
0.23
|
0.25
|
| Operating Income Ratio |
0.29
|
0.31
|
0.3
|
0.26
|
0.24
|
0.21
|
0.19
|
0.17
|
0.13
|
0.17
|
| Total Other Income/Expenses Net |
$45.06 M
|
$30.70 M
|
-$28.32 M
|
-$10.65 M
|
-$12.80 M
|
-$12.83 M
|
-$19.82 M
|
-$8.91 M
|
-$7.75 M
|
-$17.83 M
|
| Income Before Tax |
$1.40 B
|
$1.28 B
|
$1.05 B
|
$768.44 M
|
$632.75 M
|
$478.97 M
|
$376.39 M
|
$315.05 M
|
$237.15 M
|
$267.60 M
|
| Income Before Tax Ratio |
0.3
|
0.31
|
0.29
|
0.26
|
0.24
|
0.21
|
0.18
|
0.16
|
0.13
|
0.16
|
| Income Tax Expense |
$340.34 M
|
$240.78 M
|
$196.41 M
|
$72.48 M
|
$42.10 M
|
-$510.01 M
|
$30.61 M
|
$110.95 M
|
$34.07 M
|
$15.18 M
|
| Net Income |
$1.06 B
|
$1.04 B
|
$848.95 M
|
$695.96 M
|
$590.64 M
|
$988.98 M
|
$345.78 M
|
$204.10 M
|
$203.09 M
|
$252.42 M
|
| Net Income Ratio |
0.23
|
0.25
|
0.24
|
0.23
|
0.22
|
0.42
|
0.16
|
0.11
|
0.11
|
0.15
|
| EPS |
3.89 |
3.86 |
3.13 |
2.54 |
2.16 |
3.62 |
1.26 |
0.75 |
0.71 |
0.88 |
| EPS Diluted |
3.85 |
3.82 |
3.09 |
2.5 |
2.11 |
3.53 |
1.23 |
0.73 |
0.7 |
0.81 |
| Weighted Average Shares Out |
$271.21 M
|
$269.38 M
|
$271.20 M
|
$273.50 M
|
$273.73 M
|
$273.24 M
|
$273.73 M
|
$272.10 M
|
$284.50 M
|
$288.02 M
|
| Weighted Average Shares Out Diluted |
$273.83 M
|
$272.75 M
|
$275.01 M
|
$278.86 M
|
$279.64 M
|
$280.52 M
|
$281.14 M
|
$280.22 M
|
$291.26 M
|
$312.30 M
|
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