Cadence Design Systems, Inc. (CDNS)
NASDAQ: CDNS · Real-Time Price · USD
322.56
-1.21 (-0.38%)
Aug 14, 2026, 10:16 AM EDT - Market open
Cadence Design Systems Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Jan '22 Jan 1, 2022 |
| 5,838 | 5,297 | 4,641 | 4,090 | 3,562 | 2,988 | |
Revenue Growth | 14.70% | 14.12% | 13.48% | 14.83% | 19.19% | 11.38% |
Cost of Revenue | 824.81 | 722.25 | 647.5 | 435.04 | 371.62 | 307.01 |
Gross Profit | 5,013 | 4,575 | 3,994 | 3,655 | 3,190 | 2,681 |
Selling, General & Admin | 1,210 | 1,116 | 1,031 | 932.75 | 846.34 | 749.28 |
Depreciation & Amortization Expenses | 76.34 | 39.94 | 30.38 | 18.16 | 18.47 | 19.64 |
Research & Development | 1,927 | 1,769 | 1,549 | 1,442 | 1,252 | 1,134 |
Other Operating Expenses | 28.9 | 157.74 | 32.09 | 11.01 | 0.06 | -1.05 |
Total Operating Expenses | 3,242 | 3,082 | 2,643 | 2,404 | 2,116 | 1,902 |
Operating Income | 1,770 | 1,492 | 1,351 | 1,251 | 1,074 | 779.09 |
Interest Expense | -125.22 | -116.54 | -76 | -36.19 | -22.93 | -16.98 |
Other Non-Operating Income (Expense) | 178.94 | 146.54 | 121.06 | 66.89 | -5.39 | 6.33 |
Total Non-Operating Income (Expense) | 53.71 | 30 | 45.06 | 30.7 | -28.32 | -10.65 |
Pretax Income | 1,824 | 1,522 | 1,396 | 1,282 | 1,045 | 768.44 |
Provision for Income Taxes | 446.09 | 413.16 | 340.34 | 240.78 | 196.41 | 72.48 |
Net Income | 1,378 | 1,109 | 1,055 | 1,041 | 848.95 | 695.96 |
Net Income to Common | 1,378 | 1,109 | 1,055 | 1,041 | 848.95 | 695.96 |
Net Income Growth | 36.17% | 5.06% | 1.38% | 22.64% | 21.98% | 17.83% |
Shares Outstanding (Basic) | 272 | 271 | 271 | 269 | 275 | 274 |
Shares Outstanding (Diluted) | 274 | 273 | 274 | 273 | 275 | 279 |
Shares Change | 0.17% | -0.19% | 0.40% | -0.82% | -1.38% | -0.28% |
EPS (Basic) | 5.06 | 4.09 | 3.89 | 3.86 | 3.09 | 2.54 |
EPS (Diluted) | 5.03 | 4.06 | 3.85 | 3.82 | 3.09 | 2.50 |
EPS Growth | 35.95% | 5.46% | 0.78% | 23.63% | 23.60% | 18.48% |
Free Cash Flow | 1,679 | 1,587 | 1,118 | 1,247 | 1,119 | 1,036 |
Free Cash Flow Growth | 5.91% | 41.94% | -10.33% | 11.46% | 8.02% | 27.84% |
Free Cash Flow Per Share | 6.12 | 5.81 | 4.08 | 4.57 | 4.07 | 3.71 |
Gross Margin | 85.87% | 86.36% | 86.05% | 89.36% | 89.57% | 89.73% |
Operating Margin | 30.33% | 28.17% | 29.10% | 30.59% | 30.15% | 26.07% |
Profit Margin | 23.61% | 20.94% | 22.74% | 25.46% | 23.84% | 23.29% |
FCF Margin | 28.76% | 29.96% | 24.09% | 30.49% | 31.41% | 34.66% |
EBITDA | 2,093 | 1,720 | 1,548 | 1,397 | 1,206 | 921.4 |
EBITDA Margin | 35.86% | 32.47% | 33.35% | 34.14% | 33.85% | 30.83% |
EBIT | 1,770 | 1,492 | 1,351 | 1,251 | 1,074 | 779.09 |
EBIT Margin | 30.33% | 28.17% | 29.10% | 30.59% | 30.15% | 26.07% |
Effective Tax Rate | 24.46% | 27.14% | 24.38% | 18.78% | 18.79% | 9.43% |