Cadence Design Systems, Inc. (CDNS)
NasdaqGS - NasdaqGS Real-time price. Currency in USD
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Annual
Income statement
All numbers in thousandsBreakdown
ttm
31/12/2023
31/12/2022
31/12/2021
31/12/2020
Total revenue
4,077,399
4,089,986
3,561,718
2,988,244
2,682,891
Cost of revenue
435,766
435,041
371,623
307,006
305,498
Gross profit
3,641,633
3,654,945
3,190,095
2,681,238
2,377,393
Operating expenses
Research development
1,470,459
1,441,796
1,251,544
1,134,277
1,033,732
Selling general and administrative
961,861
932,749
846,340
749,280
670,885
Total operating expenses
2,451,622
2,392,707
2,116,354
1,903,197
1,722,626
Operating income or loss
1,190,011
1,262,238
1,073,741
778,041
654,767
Interest expense
35,617
36,185
22,934
16,980
20,749
Total other income/expenses net
83,312
26,236
-15,543
4,740
-5,087
Income before tax
1,270,482
1,281,926
1,045,363
768,435
632,748
Income tax expense
223,499
240,782
196,411
72,480
42,104
Income from continuing operations
1,046,983
1,041,144
848,952
695,955
590,644
Net income
1,046,983
1,041,144
848,952
695,955
590,644
Net income available to common shareholders
1,046,983
1,041,144
848,952
695,955
590,644
Basic EPS
3.55
3.86
3.13
2.54
2.16
Diluted EPS
3.51
3.82
3.09
2.50
2.11
Basic average shares
269,538
269,381
271,198
273,504
273,728
Diluted average shares
272,893
272,748
275,011
278,858
279,641
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