Technology - Software - Application - NASDAQ - US
$ 289.71
-4.4 %
$ 79.5 B
Market Cap
76.44
P/E
INCOME STATEMENT
4.09 B
REVENUE
1.25 B
OPERATING INCOME
1.04 B
NET INCOME
EFFICIENCY
Earnings Waterfall
Cadence Design Systems, Inc.
| Revenue | 4.09 B |
| Cost Of Revenue | 453 M |
| Gross Profit | 3.64 B |
| Operating Expenses | 2.4 B |
| Operating Income | 1.25 B |
| Other Expenses | 210 M |
| Net Income | 1.04 B |
Income Statement
Millions
| Dec-2023 | Dec-2022 | Jan-2022 | Jan-2021 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Jan-2016 | Jan-2015 | Dec-2013 | Dec-2012 | Dec-2011 | Jan-2011 | Jan-2010 | Jan-2009 | Dec-2007 | Dec-2006 | Dec-2005 | Jan-2005 | Jan-2004 | Dec-2002 | Dec-2001 | Dec-2000 | Jan-2000 | Jan-1999 | Jan-1998 | Dec-1996 | Dec-1995 | Dec-1994 | Dec-1993 | Dec-1992 | Dec-1991 | Dec-1990 | Dec-1989 | Dec-1988 | Dec-1987 | Dec-1986 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | ||||||||||||||||||||||||||||||||||||||
| Revenue | 4 090.0 | 3 561.7 | 2 988.2 | 2 682.9 | 2 336.3 | 2 138.0 | 1 943.0 | 1 816.1 | 1 702.1 | 1 580.9 | 1 460.1 | 1 326.4 | 1 149.8 | 936.0 | 852.6 | 1 038.6 | 1 615.0 | 1 483.9 | 1 329.2 | 1 197.5 | 1 119.5 | 1 293.1 | 1 430.4 | 1 279.5 | 1 093.3 | 1 216.1 | 915.9 | 741.5 | 548.4 | 429.1 | 368.6 | 434.5 | 392.3 | 231.4 | 142.8 | 67.1 | 23.9 | 16.6 |
| GROSS PROFIT | ||||||||||||||||||||||||||||||||||||||
| Cost Of Revenue | 453.2 | 371.6 | 307.0 | 305.5 | 266.4 | 258.7 | 237.4 | 256.5 | 238.5 | 223.7 | 200.2 | 191.1 | 195.2 | 156.4 | 169.2 | 209.5 | 214.5 | 227.1 | 228.8 | 226.1 | 216.6 | 250.0 | 354.9 | 368.9 | 324.8 | 280.7 | 183.1 | 153.5 | 116.5 | 94.6 | 45.4 | 69.2 | 61.4 | 97.4 | 47.2 | 23.2 | 8.9 | 6.5 |
| Gross Profit | 3 636.8 | 3 190.1 | 2 681.2 | 2 377.4 | 2 070.0 | 1 879.3 | 1 705.6 | 1 559.6 | 1 463.6 | 1 357.2 | 1 259.9 | 1 135.3 | 954.7 | 779.5 | 683.4 | 829.1 | 1 400.5 | 1 256.8 | 1 100.4 | 971.4 | 902.8 | 1 043.0 | 1 075.6 | 910.7 | 768.5 | 935.4 | 732.8 | 588.0 | 431.9 | 334.5 | 323.2 | 365.3 | 330.9 | 134.0 | 95.6 | 43.9 | 15.0 | 10.1 |
| OPERATING INCOME | ||||||||||||||||||||||||||||||||||||||
| Operating Expenses | 2 403.7 | 2 116.4 | 1 903.2 | 1 722.6 | 1 569.5 | 1 472.0 | 1 372.3 | 1 273.7 | 1 173.7 | 1 140.3 | 1 052.9 | 923.5 | 833.9 | 782.5 | 775.6 | 1 038.8 | 1 089.6 | 1 032.1 | 936.8 | 847.7 | 846.0 | 734.0 | 915.8 | 847.3 | 781.2 | 830.2 | 498.8 | 496.7 | 314.0 | 275.7 | 325.5 | 299.6 | 344.8 | 81.5 | 54.9 | 24.0 | 10.5 | 7.8 |
| Selling, General and Administrative Expenses | 920.6 | 846.3 | 749.3 | 670.9 | 621.5 | 573.1 | 553.3 | 520.3 | 512.4 | 513.3 | 499.5 | 454.4 | 416.7 | 392.0 | 409.5 | 510.4 | 576.1 | 548.9 | 518.9 | 409.4 | 409.1 | 515.4 | 508.2 | 484.6 | 440.9 | 369.8 | 314.4 | 280.9 | 225.5 | 203.1 | 281.5 | 262.0 | 304.8 | 61.4 | 40.3 | 17.1 | 7.7 | 6.2 |
| Research and Development Expenses | 1 441.8 | 1 251.5 | 1 134.3 | 1 033.7 | 935.9 | 884.8 | 804.2 | 735.3 | 637.6 | 603.0 | 534.0 | 454.1 | 400.7 | 376.4 | 354.7 | 457.9 | 494.0 | 460.1 | 370.1 | 351.3 | 340.1 | 326.4 | 297.3 | 263.9 | 219.2 | 179.4 | 140.4 | 115.3 | 88.6 | 72.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 1 251.2 | 1 073.7 | 779.1 | 645.6 | 491.8 | 396.2 | 324.0 | 244.9 | 285.4 | 206.6 | 189.0 | 211.7 | 120.4 | (13.2) | (123.6) | (1 573.3) | 317.9 | 224.6 | 118.8 | 101.2 | (10.0) | 174.8 | 240.5 | 63.4 | (12.8) | 105.2 | 234.0 | 91.3 | 117.9 | 58.8 | (2.3) | 65.7 | (13.9) | 52.5 | 40.7 | 19.9 | 4.5 | 2.3 |
| PRE-TAX INCOME | ||||||||||||||||||||||||||||||||||||||
| Interest Income Expense | 36.2 | 22.9 | 17.0 | 20.7 | 18.8 | 23.1 | 25.7 | 23.7 | 28.3 | 34.1 | 37.6 | 34.7 | 43.0 | 36.3 | 28.9 | 11.6 | 12.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Other Income | 30.7 | (28.3) | (10.7) | (12.8) | (12.8) | (19.8) | (8.9) | (7.7) | (17.8) | (25.6) | (30.0) | (23.4) | (25.3) | (33.8) | (29.9) | (28.5) | 53.2 | 17.3 | (35.1) | (14.7) | (20.6) | (30.7) | 1.7 | 4.6 | (57.9) | (253.1) | (37.8) | (100.3) | 17.2 | (9.9) | 2.3 | 2.7 | 2.4 | 3.8 | 1.7 | (0.9) | 0.3 | 0 |
| Pre-Tax Income | 1 281.9 | 1 045.4 | 768.4 | 632.7 | 479.0 | 376.4 | 315.0 | 237.2 | 267.6 | 181.0 | 159.0 | 188.3 | 95.4 | (47.0) | (153.5) | (1 601.7) | 364.1 | 241.9 | 128.5 | 86.4 | (30.6) | 158.0 | 242.1 | 68.0 | (11.4) | 112.7 | 234.0 | 90.5 | 135.1 | 48.9 | 0 | 68.4 | (11.5) | 56.3 | 42.4 | 19.0 | 4.8 | 2.3 |
| NET INCOME | ||||||||||||||||||||||||||||||||||||||
| Tax Provision | 240.8 | 196.4 | 72.5 | 42.1 | (510.0) | 30.6 | 110.9 | 34.1 | 15.2 | 22.1 | (5.2) | (251.7) | 23.2 | (189.3) | (3.6) | 252.3 | 67.8 | 99.7 | 79.1 | 12.0 | (13.0) | 86.0 | 100.9 | 18.0 | 2.7 | 80.7 | 77.9 | 61.4 | 37.8 | 12.2 | 10.5 | 13.0 | 10.2 | 18.3 | 14.6 | 5.9 | 1.6 | 0.8 |
| Net Income | 1 041.1 | 849.0 | 696.0 | 590.6 | 989.0 | 345.8 | 204.1 | 203.1 | 252.4 | 158.9 | 164.2 | 439.9 | 72.2 | 142.3 | (149.9) | (1 854.0) | 296.3 | 142.6 | 49.3 | 74.5 | (17.6) | 71.9 | 141.3 | 50.0 | (14.1) | 32.0 | 169.5 | 29.0 | 97.3 | 36.6 | (12.8) | 55.4 | (21.7) | 38.0 | 27.8 | 13.1 | 3.2 | 1.5 |
| EPS | 3.86 | 3.13 | 2.54 | 2.16 | 3.62 | 1.26 | 0.75 | 0.71 | 0.88 | 0.56 | 0.59 | 1.63 | 0.27 | 0.55 | 0.58 | 7.29 | 1.09 | 0.51 | 0.18 | 0.27 | 0.0658 | 0.23 | 0.57 | 0.2 | 0.0599 | 0.11 | 0.75 | 0.19 | 1.57 | 0.19 | 0.07 | 0.27 | 0.12 | 0.27 | 0.21 | 0.13 | 0.07 | 0.04 |