Cadence Design Systems Financial Statements
NASDAQ: CDNSTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Cadence Design Systems revenue and earnings
In fiscal 2025, Cadence Design Systems generated $5.30 billion in revenue, up 14.1% from fiscal 2024, its 16th consecutive year of revenue growth. Net income was $1.11 billion (+5.1% year over year), for a net margin of 20.9% versus a median of 23.3% in the prior 5 years. Operating margin was 28.2%.
Diluted earnings per share came in at $4.06, up from $3.85. Over the last 5 fiscal years, CDNS's revenue has grown at a 14.6% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Cadence Design Systems income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212022-01-01 | FY 20202021-01-02 | FY 20192019-12-28 | FY 20182018-12-29 | FY 20172017-12-30 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.30B | 4.64B | 4.09B | 3.56B | 2.99B | 2.68B | 2.34B | 2.14B | 1.94B | 1.82B |
| Revenue growth (YoY) | +14.12% | +13.48% | +14.83% | +19.19% | +11.38% | +14.83% | +9.27% | +10.04% | +6.99% | +6.70% |
| Research & Development | 1.77B | 1.55B | 1.44B | 1.25B | 1.13B | 1.03B | 935.94M | 884.82M | 804.22M | 735.34M |
| Selling, General & Admin | 1.12B | 1.03B | 932.75M | 846.34M | 749.28M | 670.88M | 621.48M | 573.08M | 553.34M | 520.30M |
| Operating Income | 1.49B | 1.35B | 1.25B | 1.07B | 779.09M | 645.55M | 491.80M | 396.21M | 323.95M | 244.90M |
| Interest Expense | 116.54M | 76.00M | 36.19M | 22.93M | 16.98M | 20.75M | 18.83M | 23.14M | 25.66M | 23.67M |
| Other Income (Expense) | 146.54M | 121.06M | 66.89M | -5.39M | 6.33M | 7.95M | 6.00M | 3.32M | 16.75M | 15.92M |
| Pretax Income | 1.52B | 1.40B | 1.28B | 1.05B | 768.43M | 632.75M | 478.97M | 376.39M | 315.05M | 237.15M |
| Income Tax | 413.15M | 340.33M | 240.78M | 196.41M | 72.48M | 42.10M | -510.01M | 30.61M | 110.94M | 34.07M |
| Net Income | 1.11B | 1.06B | 1.04B | 848.95M | 695.96M | 590.64M | 988.98M | 345.78M | 204.10M | 203.09M |
| Net Income growth (YoY) | +5.06% | +1.38% | +22.64% | +21.98% | +17.83% | -40.28% | +186.02% | +69.41% | +0.50% | -19.54% |
| EPS (Basic) | 4.09 | 3.89 | 3.86 | 3.13 | 2.54 | 2.16 | 3.62 | 1.26 | 0.75 | 0.71 |
| EPS (Diluted) | 4.06 | 3.85 | 3.82 | 3.09 | 2.50 | 2.11 | 3.53 | 1.23 | 0.73 | 0.70 |
| Shares Outstanding (Basic) | 271.33M | 271.21M | 269.38M | 271.20M | 273.50M | 273.73M | 273.24M | 273.73M | 272.10M | 284.50M |
| Shares Outstanding (Diluted) | 273.31M | 273.83M | 272.75M | 275.01M | 278.86M | 279.64M | 280.51M | 281.14M | 280.22M | 291.26M |
| EBITDA | 1.72B | 1.55B | 1.40B | 1.21B | 921.40M | 791.21M | 614.59M | 514.93M | 439.48M | 364.49M |
| Operating Margin | 28.17% | 29.10% | 30.59% | 30.15% | 26.07% | 24.06% | 21.05% | 18.53% | 16.67% | 13.49% |
| Net Margin | 20.94% | 22.74% | 25.46% | 23.84% | 23.29% | 22.02% | 42.33% | 16.17% | 10.50% | 11.18% |
This table shows 10 annual periods of Cadence Design Systems's income statement, from FY 2025 back to FY 2016, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow CDNS's reporting calendar. What is a income statement?