Cadence Design Systems Inc
F:CDS

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Cadence Design Systems Inc Logo
Cadence Design Systems Inc
F:CDS
Watchlist
Price: 289.5 EUR -0.09% Market Closed
Market Cap: 79.3B EUR
Financials Section:
Income Statement Balance Sheet Cash Flow Statement
|
Revenue Breakdown

Income Statement

Revenue
+
3Y
+52%
5Y
+107%
10Y
+210%
Operating Income
+
3Y
+56%
5Y
+185%
10Y
+485%
Net Income
+
3Y
+35%
5Y
-1%
10Y
+348%

Earnings Waterfall
Cadence Design Systems Inc

Revenue
5.2B USD
Cost of Revenue
-753.5m USD
Gross Profit
4.5B USD
Operating Expenses
-2.8B USD
Operating Income
1.6B USD
Other Expenses
-584.8m USD
Net Income
1.1B USD

Income Statement
Cadence Design Systems Inc

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Income Statement
Currency: USD
Dec-2001 Mar-2002 Jun-2002 Sep-2002 Dec-2002 Mar-2003 Jun-2003 Sep-2003 Jan-2004 Apr-2004 Jul-2004 Oct-2004 Jan-2005 Apr-2005 Jul-2005 Oct-2005 Dec-2005 Apr-2006 Jul-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Jan-2009 Apr-2009 Jul-2009 Oct-2009 Jan-2010 Apr-2010 Jul-2010 Oct-2010 Jan-2011 Apr-2011 Jul-2011 Oct-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Jan-2015 Apr-2015 Jul-2015 Oct-2015 Jan-2016 Apr-2016 Jul-2016 Oct-2016 Dec-2016 Apr-2017 Jul-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Jan-2021 Apr-2021 Jul-2021 Oct-2021 Jan-2022 Apr-2022 Jul-2022 Oct-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
3
0
1
2
3
3
3
5
5
6
7
6
6
6
6
5
5
8
10
11
12
12
12
12
28
16
20
24
27
28
28
28
29
29
30
33
36
40
43
43
43
41
38
36
35
35
36
37
38
36
33
31
34
39
39
36
28
22
20
22
24
25
25
25
26
26
27
26
23
22
20
19
19
18
19
20
21
20
19
18
17
17
17
18
23
28
33
36
36
36
40
55
76
96
112
117
Revenue
1 430
N/A
1 430
0%
1 426
0%
1 392
-2%
1 288
-8%
1 207
-6%
1 139
-6%
1 082
-5%
1 119
+3%
1 122
+0%
1 133
+1%
1 165
+3%
1 197
+3%
1 224
+2%
1 258
+3%
1 294
+3%
1 329
+3%
1 365
+3%
1 402
+3%
1 431
+2%
1 484
+4%
1 521
+2%
1 553
+2%
1 588
+2%
1 615
+2%
1 521
-6%
1 438
-5%
1 269
-12%
1 039
-18%
974
-6%
876
-10%
860
-2%
853
-1%
868
+2%
885
+2%
907
+2%
936
+3%
980
+5%
1 036
+6%
1 091
+5%
1 150
+5%
1 200
+4%
1 243
+4%
1 289
+4%
1 326
+3%
1 365
+3%
1 401
+3%
1 429
+2%
1 460
+2%
1 484
+2%
1 501
+1%
1 535
+2%
1 581
+3%
1 614
+2%
1 651
+2%
1 684
+2%
1 702
+1%
1 739
+2%
1 776
+2%
1 788
+1%
1 816
+2%
1 845
+2%
1 871
+1%
1 910
+2%
1 943
+2%
1 983
+2%
2 023
+2%
2 070
+2%
2 138
+3%
2 197
+3%
2 259
+3%
2 307
+2%
2 336
+1%
2 378
+2%
2 436
+2%
2 523
+4%
2 683
+6%
2 801
+4%
2 891
+3%
2 975
+3%
2 988
+0%
3 154
+6%
3 283
+4%
3 435
+5%
3 562
+4%
3 682
+3%
3 801
+3%
3 921
+3%
4 090
+4%
4 077
0%
4 162
+2%
4 354
+5%
4 641
+7%
4 875
+5%
5 089
+4%
5 213
+2%
Gross Profit
Cost of Revenue
(355)
(349)
(339)
(308)
(278)
(262)
(236)
(221)
(217)
(215)
(211)
(220)
(226)
(230)
(238)
(235)
(231)
(232)
(232)
(228)
(227)
(221)
(213)
(212)
(215)
(212)
(217)
(216)
(209)
(202)
(191)
(178)
(169)
(164)
(157)
(158)
(156)
(163)
(175)
(185)
(195)
(197)
(195)
(196)
(191)
(193)
(186)
(185)
(200)
(209)
(220)
(225)
(224)
(227)
(225)
(236)
(238)
(240)
(250)
(241)
(256)
(256)
(255)
(253)
(237)
(239)
(237)
(243)
(259)
(266)
(269)
(269)
(266)
(270)
(284)
(305)
(305)
(315)
(317)
(311)
(307)
(321)
(337)
(348)
(372)
(398)
(402)
(424)
(435)
(436)
(478)
(532)
(648)
(689)
(734)
(753)
Gross Profit
1 076
N/A
1 081
+0%
1 087
+1%
1 085
0%
1 010
-7%
945
-6%
903
-4%
861
-5%
903
+5%
908
+1%
922
+2%
945
+3%
971
+3%
994
+2%
1 020
+3%
1 059
+4%
1 098
+4%
1 132
+3%
1 170
+3%
1 203
+3%
1 257
+4%
1 300
+3%
1 341
+3%
1 376
+3%
1 401
+2%
1 309
-7%
1 220
-7%
1 053
-14%
829
-21%
772
-7%
685
-11%
682
-1%
683
+0%
705
+3%
729
+3%
749
+3%
780
+4%
817
+5%
861
+5%
906
+5%
955
+5%
1 003
+5%
1 048
+5%
1 093
+4%
1 135
+4%
1 172
+3%
1 214
+4%
1 244
+2%
1 260
+1%
1 275
+1%
1 280
+0%
1 310
+2%
1 357
+4%
1 387
+2%
1 426
+3%
1 448
+2%
1 464
+1%
1 499
+2%
1 526
+2%
1 547
+1%
1 560
+1%
1 589
+2%
1 616
+2%
1 657
+3%
1 706
+3%
1 745
+2%
1 786
+2%
1 827
+2%
1 879
+3%
1 931
+3%
1 991
+3%
2 037
+2%
2 070
+2%
2 107
+2%
2 152
+2%
2 217
+3%
2 377
+7%
2 486
+5%
2 574
+4%
2 664
+3%
2 681
+1%
2 833
+6%
2 946
+4%
3 087
+5%
3 190
+3%
3 283
+3%
3 398
+3%
3 497
+3%
3 655
+5%
3 642
0%
3 683
+1%
3 822
+4%
3 994
+4%
4 185
+5%
4 355
+4%
4 459
+2%
Operating Income
Operating Expenses
(921)
(928)
(925)
(937)
(942)
(923)
(909)
(884)
(865)
(845)
(846)
(838)
(845)
(854)
(876)
(919)
(934)
(971)
(990)
(992)
(1 032)
(1 043)
(1 053)
(1 074)
(1 090)
(1 087)
(1 070)
(1 044)
(991)
(940)
(889)
(834)
(776)
(754)
(738)
(753)
(783)
(796)
(819)
(827)
(834)
(854)
(875)
(892)
(924)
(948)
(993)
(1 034)
(1 053)
(1 084)
(1 101)
(1 113)
(1 140)
(1 159)
(1 158)
(1 167)
(1 174)
(1 190)
(1 226)
(1 258)
(1 274)
(1 298)
(1 310)
(1 338)
(1 372)
(1 405)
(1 436)
(1 454)
(1 472)
(1 480)
(1 499)
(1 528)
(1 570)
(1 596)
(1 622)
(1 639)
(1 723)
(1 766)
(1 821)
(1 886)
(1 903)
(1 940)
(1 955)
(2 029)
(2 116)
(2 206)
(2 301)
(2 352)
(2 381)
(2 433)
(2 480)
(2 552)
(2 605)
(2 694)
(2 786)
(2 813)
Selling, General & Administrative
(531)
(540)
(547)
(557)
(562)
(534)
(507)
(481)
(462)
(439)
(437)
(431)
(438)
(444)
(462)
(489)
(496)
(514)
(523)
(524)
(549)
(563)
(566)
(572)
(576)
(564)
(549)
(535)
(510)
(493)
(474)
(447)
(409)
(394)
(377)
(381)
(392)
(392)
(406)
(409)
(417)
(431)
(439)
(444)
(454)
(463)
(482)
(499)
(499)
(506)
(507)
(508)
(513)
(514)
(508)
(511)
(512)
(512)
(525)
(523)
(520)
(528)
(527)
(540)
(553)
(561)
(568)
(569)
(573)
(578)
(584)
(597)
(621)
(634)
(639)
(644)
(671)
(684)
(705)
(731)
(749)
(766)
(780)
(820)
(846)
(877)
(905)
(909)
(921)
(944)
(972)
(1 002)
(1 025)
(1 051)
(1 069)
(1 080)
Research & Development
(297)
(305)
(309)
(319)
(326)
(333)
(343)
(343)
(340)
(342)
(345)
(346)
(351)
(359)
(364)
(380)
(391)
(412)
(431)
(441)
(460)
(461)
(468)
(483)
(494)
(502)
(499)
(487)
(458)
(427)
(398)
(373)
(355)
(349)
(351)
(360)
(376)
(388)
(396)
(402)
(401)
(408)
(421)
(433)
(454)
(470)
(494)
(517)
(534)
(556)
(573)
(583)
(603)
(620)
(625)
(631)
(638)
(654)
(679)
(716)
(735)
(754)
(767)
(782)
(804)
(830)
(853)
(870)
(885)
(889)
(902)
(919)
(936)
(949)
(968)
(979)
(1 034)
(1 063)
(1 097)
(1 136)
(1 134)
(1 154)
(1 156)
(1 190)
(1 252)
(1 311)
(1 379)
(1 425)
(1 442)
(1 470)
(1 487)
(1 525)
(1 549)
(1 609)
(1 681)
(1 696)
Depreciation & Amortization
(92)
(83)
(70)
(60)
(54)
(56)
(58)
(60)
(63)
(64)
(65)
(61)
(56)
(50)
(49)
(50)
(48)
(46)
(36)
(27)
(23)
(19)
(19)
(19)
(19)
(21)
(22)
(23)
(23)
(20)
(17)
(14)
(11)
(11)
(11)
(12)
(14)
(16)
(18)
(17)
(17)
(16)
(15)
(15)
(15)
(15)
(17)
(18)
(19)
(21)
(21)
(22)
(24)
(25)
(26)
(25)
(24)
(23)
(22)
(20)
(18)
(16)
(15)
(15)
(15)
(14)
(14)
(14)
(14)
(14)
(13)
(13)
(12)
(13)
(14)
(16)
(18)
(18)
(19)
(19)
(20)
(20)
(20)
(19)
(18)
(18)
(17)
(18)
(18)
(19)
(22)
(26)
(30)
(34)
(36)
(38)
Operating Income
155
N/A
153
-1%
162
+6%
148
-9%
68
-54%
21
-69%
(6)
N/A
(23)
-317%
38
N/A
63
+63%
76
+21%
107
+42%
127
+18%
140
+11%
144
+2%
140
-2%
164
+16%
161
-1%
180
+12%
212
+18%
225
+6%
257
+14%
287
+12%
302
+5%
311
+3%
222
-29%
150
-32%
9
-94%
(162)
N/A
(168)
-4%
(203)
-21%
(153)
+25%
(92)
+40%
(50)
+46%
(10)
+81%
(4)
+58%
(3)
+24%
21
N/A
42
+100%
78
+88%
121
+54%
149
+23%
173
+17%
201
+16%
212
+5%
224
+6%
222
-1%
210
-5%
207
-1%
192
-7%
179
-6%
196
+10%
217
+10%
228
+5%
268
+18%
281
+5%
290
+3%
309
+7%
300
-3%
289
-4%
286
-1%
291
+2%
306
+5%
319
+4%
333
+4%
339
+2%
350
+3%
373
+7%
407
+9%
451
+11%
492
+9%
509
+3%
500
-2%
511
+2%
529
+4%
578
+9%
655
+13%
720
+10%
753
+5%
778
+3%
778
+0%
893
+15%
991
+11%
1 058
+7%
1 074
+1%
1 077
+0%
1 097
+2%
1 145
+4%
1 274
+11%
1 208
-5%
1 203
0%
1 270
+6%
1 389
+9%
1 491
+7%
1 569
+5%
1 646
+5%
Pre-Tax Income
Interest Income Expense
7
(0)
(1)
(2)
(8)
(3)
(3)
(5)
(10)
(6)
(7)
(6)
(7)
6
9
18
27
34
43
43
61
51
51
57
33
38
20
(5)
(20)
(33)
(36)
(28)
(25)
(17)
(13)
(21)
(27)
(32)
(31)
(21)
(25)
(25)
(27)
(31)
(23)
(23)
(26)
(25)
(30)
(27)
(26)
(24)
(24)
(32)
(34)
(32)
(18)
(22)
(20)
(22)
(8)
(25)
(25)
(25)
(9)
(26)
(27)
(26)
(19)
(22)
(20)
(19)
(12)
(18)
(19)
(20)
(13)
(20)
(19)
(18)
(10)
(17)
(17)
(18)
(27)
(28)
(23)
(10)
33
95
116
92
46
(20)
(3)
(15)
Non-Reccuring Items
85
93
72
(102)
93
109
187
143
(65)
(64)
(68)
(21)
(27)
(41)
(55)
(59)
(56)
(33)
(9)
(2)
(43)
(41)
(40)
(37)
4
(5)
(8)
(61)
(1 437)
(1 435)
(1 451)
(1 401)
(37)
(32)
(19)
(17)
(33)
(34)
(28)
(30)
(0)
(0)
0
(1)
(1)
(0)
(3)
(2)
(18)
(19)
(16)
(29)
(12)
(16)
(16)
(3)
(5)
(15)
(15)
(15)
(41)
(25)
(24)
(24)
(9)
(9)
(10)
(10)
(11)
(12)
(13)
(13)
(9)
(8)
(8)
(8)
(9)
(10)
(10)
(10)
1
1
0
0
(0)
(0)
(3)
(19)
(23)
(29)
(30)
(39)
(38)
(29)
(158)
(160)
Total Other Income
(5)
9
(3)
(1)
(9)
(25)
(21)
(21)
6
(18)
(14)
(19)
(7)
(6)
(3)
1
(6)
3
3
4
(0)
0
(0)
(0)
0
1
1
1
1
1
1
1
0
0
0
(0)
1
1
1
1
0
0
0
0
0
(1)
(1)
(1)
0
0
1
1
0
5
6
8
0
10
12
13
0
12
10
20
0
15
18
6
(0)
9
6
5
(1)
(4)
1
3
(0)
15
13
10
(0)
(1)
(9)
(11)
(1)
8
12
15
(3)
(3)
(1)
(1)
(1)
(1)
(1)
(4)
Pre-Tax Income
242
N/A
256
+6%
231
-10%
43
-81%
144
+236%
102
-29%
157
+53%
93
-41%
(31)
N/A
(25)
+17%
(14)
+47%
61
N/A
86
+42%
99
+15%
95
-4%
101
+5%
128
+28%
165
+28%
218
+32%
257
+18%
242
-6%
267
+10%
298
+12%
322
+8%
348
+8%
257
-26%
164
-36%
(56)
N/A
(1 618)
-2 768%
(1 635)
-1%
(1 690)
-3%
(1 581)
+6%
(154)
+90%
(99)
+36%
(41)
+59%
(43)
-5%
(63)
-46%
(45)
+28%
(17)
+63%
29
N/A
95
+234%
124
+30%
147
+19%
169
+15%
188
+12%
200
+6%
192
-4%
182
-5%
159
-13%
146
-8%
139
-5%
144
+4%
181
+26%
185
+2%
225
+22%
254
+13%
268
+5%
283
+6%
277
-2%
265
-4%
237
-11%
254
+7%
267
+5%
290
+9%
315
+9%
319
+1%
332
+4%
345
+4%
376
+9%
426
+13%
465
+9%
482
+4%
479
-1%
481
+0%
503
+5%
552
+10%
633
+15%
705
+11%
738
+5%
761
+3%
768
+1%
876
+14%
965
+10%
1 029
+7%
1 045
+2%
1 057
+1%
1 083
+2%
1 130
+4%
1 282
+13%
1 270
-1%
1 288
+1%
1 321
+3%
1 396
+6%
1 441
+3%
1 406
-2%
1 466
+4%
Net Income
Tax Provision
(101)
(101)
(104)
(31)
(84)
(72)
(76)
(39)
13
12
9
(31)
(12)
(15)
(15)
(18)
(79)
(95)
(118)
(136)
(100)
(102)
(104)
(96)
(61)
(38)
(23)
(47)
(239)
(252)
(252)
(205)
4
0
66
208
189
190
139
(4)
(23)
(27)
(40)
(32)
252
287
269
258
5
(28)
(6)
(12)
(22)
(23)
(28)
(17)
(15)
(16)
(19)
(20)
(34)
(33)
(27)
(33)
(208)
(204)
(211)
(206)
(32)
(36)
(43)
(57)
510
511
512
524
(42)
(51)
(59)
(67)
(72)
(132)
(190)
(244)
(196)
(202)
(193)
(173)
(241)
(223)
(232)
(282)
(340)
(360)
(394)
(405)
Income from Continuing Operations
141
154
127
12
60
31
81
55
(18)
(13)
(4)
30
74
84
81
83
49
70
100
120
142
165
194
225
287
219
140
(103)
(1 857)
(1 887)
(1 942)
(1 786)
(150)
(98)
25
165
127
145
123
24
72
97
106
137
440
487
460
440
164
119
133
132
159
162
197
237
252
267
258
245
203
221
241
257
107
115
121
139
344
390
423
425
989
991
1 015
1 076
591
654
678
693
696
744
775
785
849
855
890
958
1 041
1 047
1 055
1 039
1 055
1 081
1 012
1 061
Net Income (Common)
141
N/A
154
+9%
127
-18%
12
-91%
60
+408%
31
-49%
81
+165%
55
-33%
(18)
N/A
(13)
+24%
(4)
+69%
30
N/A
74
+149%
84
+13%
81
-4%
83
+2%
49
-40%
70
+42%
100
+43%
121
+21%
143
+18%
165
+16%
194
+18%
225
+16%
287
+27%
219
-24%
140
-36%
(103)
N/A
(1 857)
-1 701%
(1 887)
-2%
(1 942)
-3%
(1 786)
+8%
(150)
+92%
(98)
+34%
25
N/A
165
+573%
127
-23%
145
+14%
123
-15%
24
-80%
72
+197%
97
+34%
106
+10%
137
+29%
440
+221%
487
+11%
460
-6%
440
-4%
164
-63%
119
-28%
133
+12%
132
-1%
159
+21%
162
+2%
197
+22%
237
+20%
252
+6%
267
+6%
258
-3%
245
-5%
203
-17%
221
+9%
241
+9%
257
+7%
204
-21%
209
+2%
215
+3%
233
+8%
346
+48%
393
+14%
426
+8%
428
+1%
989
+131%
992
+0%
1 016
+2%
1 077
+6%
591
-45%
654
+11%
678
+4%
693
+2%
696
+0%
744
+7%
775
+4%
785
+1%
849
+8%
855
+1%
890
+4%
958
+8%
1 041
+9%
1 047
+1%
1 055
+1%
1 039
-2%
1 055
+2%
1 081
+2%
1 012
-6%
1 061
+5%
EPS (Diluted)
0.55
N/A
0.59
+7%
0.49
-17%
0.04
-92%
0.23
+475%
0.1
-57%
0.3
+200%
0.2
-33%
-0.07
N/A
-0.05
+29%
-0.02
+60%
0.1
N/A
0.25
+150%
0.28
+12%
0.27
-4%
0.27
N/A
0.16
-41%
0.22
+38%
0.32
+45%
0.39
+22%
0.46
+18%
0.55
+20%
0.65
+18%
0.75
+15%
0.97
+29%
0.83
-14%
0.55
-34%
-0.4
N/A
-7.3
-1 725%
-7.41
-2%
-7.56
-2%
-6.88
+9%
-0.58
+92%
-0.37
+36%
0.1
N/A
0.63
+530%
0.48
-24%
0.54
+13%
0.46
-15%
0.08
-83%
0.27
+238%
0.35
+30%
0.38
+9%
0.49
+29%
1.57
+220%
1.66
+6%
1.56
-6%
1.48
-5%
0.56
-62%
0.4
-29%
0.45
+13%
0.44
-2%
0.52
+18%
0.53
+2%
0.64
+21%
0.77
+20%
0.81
+5%
0.87
+7%
0.87
N/A
0.85
-2%
0.7
-18%
0.79
+13%
0.87
+10%
0.93
+7%
0.72
-23%
0.74
+3%
0.76
+3%
0.82
+8%
1.22
+49%
1.39
+14%
1.5
+8%
1.51
+1%
3.53
+134%
3.54
+0%
3.63
+3%
3.85
+6%
2.11
-45%
2.34
+11%
2.43
+4%
2.48
+2%
2.5
+1%
2.67
+7%
2.81
+5%
2.84
+1%
3.09
+9%
3.13
+1%
3.26
+4%
3.51
+8%
3.82
+9%
3.84
+1%
3.87
+1%
3.81
-2%
3.85
+1%
3.95
+3%
3.7
-6%
3.88
+5%

See Also

Summary
CDS intrinsic value, competitors valuation, and company profile.
DCF Valuation
CDS stock valuation using Discount Cash Flow valuation method.
Relative Valuation
CDS stock valuation using valuation multiples.
Wall Street Estimates
CDS price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
CDS stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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