Cadence Design Systems Income Statement
CDNS / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$5.3B
FY2025
Gross Profit
N/A
FY2025
Operating Income
$1.5B
FY2025
Net Income
$1.1B
FY2025
Cadence Design Systems reported $5.3B in revenue and $1.1B in net income for FY2025. Revenue has grown at a 11.5% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Cash-backed earnings: Operating cash flow exceeds net income
- Profit margin: 20.9% of revenue retained as profit
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.3B | $4.6B | $4.1B | $2.7B | $2.3B | $2.7B | $2.3B | $2.1B | $1.7B | $1.6B | $1.7B | $1.3B | $1.5B | $1.3B | $1.1B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $73.4M | $69.7M |
| SG&A Expense | $313.4M | $274.0M | $242.4M | $154.4M | $139.8M | $154.4M | $139.8M | $133.4M | $110.0M | $113.6M | $110.0M | $112.1M | $121.3M | $112.1M | $92.9M |
| Operating Income | $1.5B | $1.4B | $1.3B | $645.6M | $491.8M | $645.6M | $491.8M | $396.2M | $285.4M | $206.6M | $285.4M | $211.7M | $189.0M | $211.7M | $120.4M |
| Interest Expense | $116.5M | $76.0M | $36.2M | $20.7M | $18.8M | $20.7M | $18.8M | $23.1M | $28.3M | $34.1M | $28.3M | $34.7M | $37.6M | $34.7M | $43.0M |
| Income Tax | $413.2M | $340.3M | $240.8M | $42.1M | -$510.0M | $42.1M | -$510.0M | $30.6M | $15.2M | $22.1M | $15.2M | -$251.7M | -$5.2M | -$251.7M | $23.2M |
| Net Income | $1.1B | $1.1B | $1.0B | $590.6M | $989.0M | $590.6M | $989.0M | $345.8M | $252.4M | $158.9M | $252.4M | $439.9M | $164.2M | $439.9M | $72.2M |
| EPS (Basic) | $4.09 | $3.89 | $3.86 | $2.16 | $3.62 | $1.26 | $3.62 | $1.26 | $0.88 | $0.56 | $0.59 | $1.63 | $0.59 | $1.63 | -$0.58 |
| EPS (Diluted) | $4.06 | $3.85 | $3.82 | $2.11 | $3.53 | $1.23 | $3.53 | $1.23 | $0.81 | $0.52 | $0.56 | $1.57 | $0.56 | $1.57 | -$0.58 |
| Shares Outstanding | 273.3M | 273.9M | 271.7M | 276.8M | 278.9M | 279.9M | 279.9M | 280.0M | 278.1M | 309.4M | 291.6M | 288.1M | 288.1M | 280.6M | 267.1M |
| Operating Margin | 28.2% | 29.1% | 30.6% | 24.1% | 21.1% | 24.1% | 21.1% | 18.5% | 16.8% | 13.1% | 16.8% | 16.0% | 12.9% | 16.0% | 10.5% |
| Profit Margin | 20.9% | 22.7% | 25.5% | 22.0% | 42.3% | 22.0% | 42.3% | 16.2% | 14.8% | 10.1% | 14.8% | 33.2% | 11.3% | 33.2% | 6.3% |