Cadence Design Systems, Inc.
CDNS · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $4,641 | $4,090 | $3,562 | $2,988 |
| % Growth | 13.5% | 14.8% | 19.2% | – |
| Cost of Goods Sold | $648 | $435 | $372 | $307 |
| Gross Profit | $3,994 | $3,655 | $3,190 | $2,681 |
| % Margin | 86% | 89.4% | 89.6% | 89.7% |
| R&D Expenses | $1,549 | $1,442 | $1,252 | $1,134 |
| G&A Expenses | $282 | $242 | $242 | $189 |
| SG&A Expenses | $1,040 | $933 | $846 | $749 |
| Sales & Mktg Exp. | $757 | $690 | $604 | $560 |
| Other Operating Expenses | $54 | $29 | $19 | $19 |
| Operating Expenses | $2,643 | $2,404 | $2,116 | $1,902 |
| Operating Income | $1,351 | $1,251 | $1,074 | $779 |
| % Margin | 29.1% | 30.6% | 30.1% | 26.1% |
| Other Income/Exp. Net | $45 | $31 | -$28 | -$11 |
| Pre-Tax Income | $1,396 | $1,282 | $1,045 | $768 |
| Tax Expense | $340 | $241 | $196 | $72 |
| Net Income | $1,055 | $1,041 | $849 | $696 |
| % Margin | 22.7% | 25.5% | 23.8% | 23.3% |
| EPS | 3.89 | 3.86 | 3.13 | 2.54 |
| % Growth | 0.8% | 23.3% | 23.2% | – |
| EPS Diluted | 3.85 | 3.82 | 3.09 | 2.5 |
| Weighted Avg Shares Out | 271 | 269 | 271 | 274 |
| Weighted Avg Shares Out Dil | 274 | 273 | 275 | 279 |
| Supplemental Information | – | – | – | – |
| Interest Income | $62 | $30 | $10 | $3 |
| Interest Expense | $76 | $36 | $23 | $17 |
| Depreciation & Amortization | $195 | $146 | $135 | $131 |
| EBITDA | $1,667 | $1,464 | $1,204 | $916 |
| % Margin | 35.9% | 35.8% | 33.8% | 30.7% |