Cadence Design Systems, Inc. (CDNS)
NASDAQ: CDNS · Real-Time Price · USD
258.34
-11.89 (-4.40%)
Feb 21, 2025, 4:00 PM EST - Market closed
Cadence Design Systems Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Jan '22 Jan 1, 2022 | Jan '21 Jan 2, 2021 | 2020 - 2016 |
| Revenue | 4,641 | 4,090 | 3,562 | 2,988 | 2,683 | Upgrade
|
| Revenue Growth (YoY) | 13.48% | 14.83% | 19.19% | 11.38% | 14.83% | Upgrade
|
| Cost of Revenue | 647.5 | 435.04 | 371.62 | 307.01 | 305.5 | Upgrade
|
| Gross Profit | 3,994 | 3,655 | 3,190 | 2,681 | 2,377 | Upgrade
|
| Selling, General & Admin | 1,040 | 920.65 | 836.24 | 746.68 | 668.49 | Upgrade
|
| Research & Development | 1,549 | 1,442 | 1,252 | 1,134 | 1,034 | Upgrade
|
| Operating Expenses | 2,619 | 2,381 | 2,106 | 1,901 | 1,720 | Upgrade
|
| Operating Income | 1,375 | 1,274 | 1,084 | 780.64 | 657.17 | Upgrade
|
| Interest Expense | -76 | -36.19 | -22.93 | -16.98 | -20.75 | Upgrade
|
| Interest & Investment Income | - | 29.64 | 10.1 | 2.63 | 3.82 | Upgrade
|
| Currency Exchange Gain (Loss) | - | -5.49 | -0.46 | -2.79 | 4.43 | Upgrade
|
| Other Non Operating Income (Expenses) | 121.06 | 8.14 | -9.6 | 5.9 | 4.65 | Upgrade
|
| EBT Excluding Unusual Items | 1,420 | 1,270 | 1,061 | 769.41 | 649.32 | Upgrade
|
| Merger & Restructuring Charges | -23.77 | -23.11 | -10.16 | -1.55 | -11.62 | Upgrade
|
| Gain (Loss) on Sale of Investments | - | 34.6 | -5.43 | 0.58 | -4.95 | Upgrade
|
| Pretax Income | 1,396 | 1,282 | 1,045 | 768.44 | 632.75 | Upgrade
|
| Income Tax Expense | 340.34 | 240.78 | 196.41 | 72.48 | 42.1 | Upgrade
|
| Net Income | 1,055 | 1,041 | 848.95 | 695.96 | 590.64 | Upgrade
|
| Net Income to Common | 1,055 | 1,041 | 848.95 | 695.96 | 590.64 | Upgrade
|
| Net Income Growth | 1.38% | 22.64% | 21.98% | 17.83% | -40.28% | Upgrade
|
| Shares Outstanding (Basic) | 271 | 269 | 271 | 274 | 274 | Upgrade
|
| Shares Outstanding (Diluted) | 274 | 273 | 275 | 279 | 280 | Upgrade
|
| Shares Change (YoY) | 0.40% | -0.82% | -1.38% | -0.28% | -0.31% | Upgrade
|
| EPS (Basic) | 3.89 | 3.86 | 3.13 | 2.54 | 2.16 | Upgrade
|
| EPS (Diluted) | 3.85 | 3.82 | 3.09 | 2.50 | 2.11 | Upgrade
|
| EPS Growth | 0.79% | 23.62% | 23.60% | 18.48% | -40.23% | Upgrade
|
| Free Cash Flow | 1,118 | 1,247 | 1,119 | 1,036 | 810.11 | Upgrade
|
| Free Cash Flow Per Share | 4.08 | 4.57 | 4.07 | 3.71 | 2.90 | Upgrade
|
| Gross Margin | 86.05% | 89.36% | 89.57% | 89.73% | 88.61% | Upgrade
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| Operating Margin | 29.62% | 31.16% | 30.43% | 26.12% | 24.49% | Upgrade
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| Profit Margin | 22.74% | 25.46% | 23.84% | 23.29% | 22.02% | Upgrade
|
| Free Cash Flow Margin | 24.09% | 30.49% | 31.41% | 34.66% | 30.20% | Upgrade
|
| EBITDA | 1,571 | 1,420 | 1,216 | 922.95 | 802.82 | Upgrade
|
| EBITDA Margin | 33.86% | 34.71% | 34.14% | 30.89% | 29.92% | Upgrade
|
| D&A For EBITDA | 196.94 | 145.29 | 132.09 | 142.31 | 145.65 | Upgrade
|
| EBIT | 1,375 | 1,274 | 1,084 | 780.64 | 657.17 | Upgrade
|
| EBIT Margin | 29.62% | 31.16% | 30.43% | 26.12% | 24.49% | Upgrade
|
| Effective Tax Rate | 24.38% | 18.78% | 18.79% | 9.43% | 6.65% | Upgrade
|
| Revenue as Reported | 4,641 | 4,090 | 3,562 | 2,988 | 2,683 | Upgrade
|
Source: S&P Capital IQ. Standard template. Financial Sources.