Cadence Design Systems, Inc.
CDNS · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $4,641,264 | $4,089,986 | $3,561,718 | $2,988,244 |
| % Growth | 13.5% | 14.8% | 19.2% | – |
| Cost of Goods Sold | $647,502 | $435,041 | $371,623 | $307,006 |
| Gross Profit | $3,993,762 | $3,654,945 | $3,190,095 | $2,681,238 |
| % Margin | 86% | 89.4% | 89.6% | 89.7% |
| R&D Expenses | $1,549,093 | $1,441,796 | $1,251,544 | $1,134,277 |
| G&A Expenses | $282,283 | $242,430 | $242,116 | $189,018 |
| SG&A Expenses | $1,039,766 | $932,749 | $846,340 | $749,280 |
| Sales & Mktg Exp. | $757,483 | $690,319 | $604,224 | $560,262 |
| Other Operating Expenses | $54,140 | $29,175 | $18,525 | $18,592 |
| Operating Expenses | $2,642,999 | $2,403,720 | $2,116,409 | $1,902,149 |
| Operating Income | $1,350,763 | $1,251,225 | $1,073,686 | $779,089 |
| % Margin | 29.1% | 30.6% | 30.1% | 26.1% |
| Other Income/Exp. Net | $45,056 | $30,701 | -$28,323 | -$10,654 |
| Pre-Tax Income | $1,395,819 | $1,281,926 | $1,045,363 | $768,435 |
| Tax Expense | $340,335 | $240,782 | $196,411 | $72,480 |
| Net Income | $1,055,484 | $1,041,144 | $848,952 | $695,955 |
| % 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 | 271,212 | 269,381 | 271,198 | 273,504 |
| Weighted Avg Shares Out Dil | 273,833 | 272,748 | 275,011 | 278,858 |
| Supplemental Information | – | – | – | – |
| Interest Income | $62,484 | $29,637 | $10,099 | $2,634 |
| Interest Expense | $75,999 | $36,185 | $22,934 | $16,980 |
| Depreciation & Amortization | $195,015 | $145,743 | $135,430 | $130,702 |
| EBITDA | $1,666,833 | $1,463,854 | $1,203,727 | $916,117 |
| % Margin | 35.9% | 35.8% | 33.8% | 30.7% |