CDNS
Income statement / Annual
Last year (2023), Cadence Design Systems, Inc.'s total revenue was $4.09 B,
an increase of 14.83% from the previous year.
In 2023, Cadence Design Systems, Inc.'s net income was $1.04 B.
See Cadence Design Systems, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
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 |
01/03/2015 |
| Operating Revenue |
$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
|
$1.58 B
|
| Cost of Revenue |
$453.20 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 |
$223.71 M |
| Gross Profit |
$3.64 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 |
$1.36 B |
| Gross Profit Ratio |
0.89 |
0.9 |
0.9 |
0.89 |
0.89 |
0.88 |
0.88 |
0.86 |
0.86 |
0.86 |
| Research and Development
Expenses |
$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
|
$603.01 M
|
| General & Administrative
Expenses |
$242.43 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
|
$113.62 M
|
| Selling & Marketing
Expenses |
$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
|
$399.69 M
|
| Selling, General &
Administrative Expenses |
$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
|
$513.31 M
|
| Other Expenses |
-$2.71 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 |
$8.48 M |
| Operating Expenses |
$2.36 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 |
$1.14 B |
| Cost And Expenses |
$2.82 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 |
$1.36 B |
| Interest Income |
$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 |
$1.83 M |
| Interest Expense |
$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 |
$34.12 M |
| Depreciation &
Amortization |
$140.37 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
|
$115.63 M
|
| EBITDA |
$1.41 B
|
$1.20 B
|
$915.07 M
|
$812.85 M
|
$629.77 M
|
$529.34 M
|
$465.64 M
|
$421.37 M
|
$418.58 M
|
$341.01 M
|
| EBITDA Ratio |
0.35 |
0.34 |
0.31 |
0.3 |
0.27 |
0.25 |
0.24 |
0.23 |
0.25 |
0.22 |
| Operating Income Ratio
|
0.31
|
0.3
|
0.26
|
0.24
|
0.21
|
0.19
|
0.17
|
0.13
|
0.17
|
0.13
|
| Total Other
Income/Expenses Net |
$7.59 M
|
-$28.32 M
|
-$10.65 M
|
-$12.80 M
|
-$12.83 M
|
-$7.77 M
|
$7.35 M
|
-$25.03 M
|
$5.97 M
|
-$1.77 M
|
| Income Before Tax |
$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 |
$181.00 M |
| Income Before Tax Ratio
|
0.31
|
0.29
|
0.26
|
0.24
|
0.21
|
0.18
|
0.16
|
0.13
|
0.16
|
0.11
|
| Income Tax Expense |
$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 |
$22.10 M |
| Net Income |
$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 |
$158.90 M |
| Net Income Ratio |
0.25 |
0.24 |
0.23 |
0.22 |
0.42 |
0.16 |
0.11 |
0.11 |
0.15 |
0.1 |
| EPS |
3.87 |
3.13 |
2.54 |
2.16 |
3.62 |
1.26 |
0.75 |
0.71 |
0.88 |
0.56 |
| EPS Diluted |
3.82 |
3.09 |
2.5 |
2.11 |
3.53 |
1.23 |
0.73 |
0.7 |
0.81 |
0.52 |
| Weighted Average Shares
Out |
$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
|
$283.35 M
|
| Weighted Average Shares
Out Diluted |
$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
|
$306.78 M
|
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