CDNS
Cadence Design Systems Inc
NASDAQ: CDNS · TECHNOLOGY · SOFTWARE - APPLICATION
$329.59
-0.11% today
Updated 2026-04-29
Market cap
$91.55B
P/E ratio
81.88
P/S ratio
17.29x
EPS (TTM)
$4.05
Dividend yield
—
52W range
$263 – $376
Volume
2.5M
Cadence Design Systems Inc (CDNS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.48B | $1.62B | $1.04B | $852.63M | $935.95M | $1.15B | $1.33B | $1.46B | $1.58B | $1.70B | $1.82B | $1.94B | $2.14B | $2.34B | $2.68B | $2.99B | $3.56B | $4.09B | $4.64B | $5.30B |
| Revenue growth (YoY) | — | +8.8% | -35.7% | -17.9% | +9.8% | +22.9% | +15.4% | +10.1% | +8.3% | +7.7% | +6.7% | +7.0% | +10.0% | +9.3% | +14.8% | +11.4% | +19.2% | +14.8% | +13.5% | +14.1% |
| Cost of revenue | $227.10M | $214.51M | $209.48M | $169.24M | $156.44M | $195.16M | $191.12M | $200.20M | $223.71M | $238.45M | $256.49M | $237.39M | $258.75M | $266.36M | $305.50M | $307.01M | $371.62M | $435.04M | $647.50M | $722.25M |
| Gross profit | $1.26B | $1.40B | $829.13M | $683.39M | $779.51M | $954.68M | $1.14B | $1.26B | $1.36B | $1.46B | $1.56B | $1.71B | $1.88B | $2.07B | $2.38B | $2.68B | $3.19B | $3.65B | $3.99B | $4.57B |
| Gross margin | 84.7% | 86.7% | 79.8% | 80.2% | 83.3% | 83.0% | 85.6% | 86.3% | 85.8% | 86.0% | 85.9% | 87.8% | 87.9% | 88.6% | 88.6% | 89.7% | 89.6% | 89.4% | 86.0% | 86.4% |
| R&D | $460.06M | $494.03M | $457.91M | $354.70M | $376.41M | $400.75M | $454.08M | $534.02M | $603.01M | $637.57M | $735.34M | $804.22M | $884.82M | $935.94M | $1.03B | $1.13B | $1.25B | $1.44B | $1.55B | $1.77B |
| SG&A | $143.32M | $168.95M | $152.03M | $122.65M | $86.39M | $92.86M | $112.08M | $121.31M | $113.62M | $109.98M | $125.11M | $134.18M | $133.41M | $139.81M | $154.43M | $189.02M | $242.12M | $242.43M | $273.96M | $313.39M |
| Operating income | $224.59M | $317.92M | $-1.57B | $-123.59M | $-13.17M | $120.38M | $211.67M | $189.01M | $206.64M | $285.43M | $244.90M | $323.95M | $396.21M | $491.80M | $645.55M | $779.09M | $1.07B | $1.25B | $1.35B | $1.65B |
| Operating margin | 15.1% | 19.7% | -151.5% | -14.5% | -1.4% | 10.5% | 16.0% | 12.9% | 13.1% | 16.8% | 13.5% | 16.7% | 18.5% | 21.1% | 24.1% | 26.1% | 30.1% | 30.6% | 29.1% | 31.1% |
| EBITDA | $401.34M | $507.09M | $-1.46B | $-31.49M | $61.91M | $230.10M | $312.23M | $305.31M | $332.53M | $408.81M | $406.54M | $448.88M | $526.02M | $620.59M | $803.63M | $916.12M | $1.20B | $1.46B | $1.67B | $1.87B |
| EBITDA margin | 27.0% | 31.4% | -140.7% | -3.7% | 6.6% | 20.0% | 23.5% | 20.9% | 21.0% | 24.0% | 22.4% | 23.1% | 24.6% | 26.6% | 30.0% | 30.7% | 33.8% | 35.8% | 35.9% | 35.4% |
| EBIT | $254.23M | $376.44M | $-1.59B | $-124.63M | $-26.43M | $138.45M | $223.01M | $207.01M | $216.90M | $290.64M | $286.96M | $333.36M | $407.30M | $497.80M | $653.50M | $785.41M | $1.07B | $1.32B | $1.47B | $1.64B |
| Interest expense | $12.35M | $12.37M | $11.61M | $28.87M | $36.34M | $43.02M | $34.74M | $37.58M | $34.12M | $28.31M | $23.67M | $25.66M | $23.14M | $18.83M | $20.75M | $16.98M | $22.93M | $36.19M | $76.00M | $116.54M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $142.59M | $296.25M | $-1.85B | $-149.87M | $142.34M | $72.23M | $439.95M | $164.24M | $158.90M | $252.42M | $203.09M | $204.10M | $345.78M | $988.98M | $590.64M | $695.96M | $848.95M | $1.04B | $1.06B | $1.11B |
| Net income growth (YoY) | — | +107.8% | -725.8% | +91.9% | +195.0% | -49.3% | +509.1% | -62.7% | -3.3% | +58.9% | -19.5% | +0.5% | +69.4% | +186.0% | -40.3% | +17.8% | +22.0% | +22.6% | +1.4% | +5.1% |
| Profit margin | 9.6% | 18.3% | -178.5% | -17.6% | 15.2% | 6.3% | 33.2% | 11.2% | 10.1% | 14.8% | 11.2% | 10.5% | 16.2% | 42.3% | 22.0% | 23.3% | 23.8% | 25.5% | 22.7% | 20.9% |