StockOtters
StockOttersSupply Chain Map
Cadence Design Systems, Inc. logo

Cadence Design Systems, Inc.

CDNS

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
4,641
Cost of Revenue
648
Gross Profit
3,994
Gross Margin
86.0%
Operating Income
1,351
Operating Margin
29.1%
Net Income
1,055
Net Margin
22.7%
EPS (Basic)
$3.89
EPS (Diluted)
$3.85
EBITDA
1,667
EBITDA Margin
35.9%

2023

12/31/2023

Revenue
4,090
Cost of Revenue
435
Gross Profit
3,655
Gross Margin
89.4%
Operating Income
1,251
Operating Margin
30.6%
Net Income
1,041
Net Margin
25.5%
EPS (Basic)
$3.86
EPS (Diluted)
$3.82
EBITDA
1,464
EBITDA Margin
35.8%

2022

12/31/2022

Revenue
3,562
Cost of Revenue
372
Gross Profit
3,190
Gross Margin
89.6%
Operating Income
1,074
Operating Margin
30.1%
Net Income
849
Net Margin
23.8%
EPS (Basic)
$3.13
EPS (Diluted)
$3.09
EBITDA
1,204
EBITDA Margin
33.8%

2021

12/31/2021

Revenue
2,988
Cost of Revenue
307
Gross Profit
2,681
Gross Margin
89.7%
Operating Income
779
Operating Margin
26.1%
Net Income
696
Net Margin
23.3%
EPS (Basic)
$2.54
EPS (Diluted)
$2.50
EBITDA
916
EBITDA Margin
30.7%

2020

12/31/2020

Revenue
2,683
Cost of Revenue
305
Gross Profit
2,377
Gross Margin
88.6%
Operating Income
646
Operating Margin
24.1%
Net Income
591
Net Margin
22.0%
EPS (Basic)
$2.16
EPS (Diluted)
$2.11
EBITDA
804
EBITDA Margin
30.0%