Last quarter (Q4 2023), Cadence Design's total revenue was $1.07B, an increase of 18.75% from the same quarter last year. In Q4, Cadence Design's net income was $323.90M. See Cadence Design’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 4.09B	$ 4.09B	$ 3.56B	$ 2.99B	$ 2.68B	$ 2.34B
Cost of Revenue	$ 774.42M	$ 331.76M	$ 371.62M	$ 307.01M	$ 305.50M	$ 266.36M
Gross Profit	$ 3.71B	$ 3.76B	$ 3.19B	$ 2.68B	$ 2.38B	$ 2.07B
Operating Expense	$ 2.39B	$ 2.39B	$ 2.12B	$ 1.90B	$ 1.72B	$ 1.57B
Operating Income	$ 1.25B	$ 1.25B	$ 1.07B	$ 778.04M	$ 654.77M	$ 500.42M
Net Non Operating Interest Income Expense	$ -36.19M	$ -36.19M	$ -22.93M	$ -16.98M	$ -16.93M	$ -9.32M
Other Income Expense	$ -66.89M	$ -66.89M	$ 5.39M	$ -6.33M	$ -5.09M	$ -12.13M
Pretax Income	$ 1.28B	$ 1.28B	$ 1.05B	$ 768.43M	$ 632.75M	$ 478.97M
Tax Provision	$ 240.78M	$ 240.78M	$ 196.41M	$ 72.48M	$ 42.10M	$ -510.01M
Earnings From Equity Interest Net Of Tax	$ 2.70M	$ 2.70M	-	$ -1.10M	-	-
Net Income Common Stockholders	$ 1.04B	$ 1.04B	$ 848.95M	$ 695.96M	$ 590.64M	$ 988.98M
Basic EPS	$ 3.86	$ 3.86	$ 3.13	$ 2.54	$ 2.16	$ 3.62
Diluted EPS	$ 3.82	$ 3.82	$ 3.09	$ 2.50	$ 2.11	$ 3.53
Basic Average Shares	$ 1.08B	$ 269.38M	$ 271.20M	$ 273.50M	$ 273.73M	$ 273.24M
Diluted Average Shares	$ 1.09B	$ 272.75M	$ 275.01M	$ 278.86M	$ 279.64M	$ 280.51M
Dividend Per Share	-	-	-	-	-	-
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	$ 2.80	$ 2.20
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 3.17B	$ 2.72B	$ 2.49B	$ 2.21B	$ 2.03B	$ 1.84B
Net Income From Continuing And Discontinued Operation	$ 1.04B	$ 1.04B	$ 848.95M	$ 695.96M	$ 590.64M	$ 988.98M
Normalized Income	$ 782.92M	$ 1.04B	-	-	$ 595.18M	$ 997.31M
Interest Expense	-	-	-	-	$ 20.75M	$ 18.83M
EBIT	$ 1.32B	$ 1.32B	$ 1.07B	$ 785.41M	$ 653.50M	$ 497.80M
EBITDA	$ 1.47B	$ 1.47B	$ 1.20B	$ 917.34M	$ 803.63M	$ 621.15M

Currency in USD

Cadence Design Earnings and Revenue History

Get More with TipRanks Premium

What's Included in PREMIUM?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing