Cadence Design Systems, Inc. (CDNS)

Nasdaq: CDNS · Services-Prepackaged Software · San Jose, CA · filing with the SEC since 1994

Grade6.5

◀ Past 6.4● Present 7.2▶ Future 5.9

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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022	Jan 2, 2021	Dec 28, 2019	Dec 29, 2018	Dec 30, 2017	Dec 31, 2016
Report filed	Feb 19, 2026	Feb 21, 2025	Feb 14, 2024	Feb 13, 2023	Feb 22, 2022	Feb 22, 2021	Feb 24, 2020	Feb 27, 2019	Feb 20, 2018	Feb 10, 2017
Revenue	5,296,759	4,641,264	4,089,986	3,561,718	2,988,244	2,682,891	2,336,319	2,138,022	1,943,032	1,816,083
Sales and marketing	802,633	757,483	690,319	604,224	560,262	516,460	481,673	439,669	419,161	395,194
General and administrative	313,387	273,961^r	242,430	242,116	189,018	154,425	139,806	133,406	134,181	125,106
Total costs and expenses	3,804,717	3,290,501	2,838,761	2,488,032	2,209,155	2,037,339	1,844,523	1,741,813	1,619,077	1,571,182
Operating income	1,492,042	1,350,763	1,251,225	1,073,686	779,089	645,552	491,796	396,209	323,955	244,901
Interest expense	116,541	75,999	36,185	22,934	16,980	20,749	18,829	23,139	25,664	23,670
Interest and investment income	101,584	62,484	29,637	10,099	2,634	3,817	9,509	8,070	3,879	2,917
Share of profit of equity-method investments	·	·	2,700	3,600^r	1,100^r	-4,600	-6,900	·	·	·
Other income (expense), net	146,542	121,055	66,886	-5,389	6,326	7,945	6,001	3,320	16,755	15,922
Income before income taxes	1,522,043	1,395,819	1,281,926	1,045,363	768,435	632,748	478,968	376,390	315,046	237,153
Income tax expense	413,155	340,335	240,782	196,411	72,480	42,104	-510,011	30,613	110,945	34,067
Net income	1,108,888	1,055,484	1,041,144	848,952	695,955	590,644	988,979	345,777	204,101	203,086
Earnings per share, basic	4.09	3.89	3.86	3.13	2.54	2.16	3.62	1.26	0.75	0.71
Earnings per share, diluted	4.06	3.85	3.82	3.09	2.50	2.11	3.53	1.23	0.73	0.70
Weighted average shares, basic	271,333	271,212	269,381	271,198	273,504	273,728	273,239	273,729	272,097	284,502
Weighted average shares, diluted	273,312	273,833	272,748	275,011	278,858	279,641	280,515	281,144	280,221	291,256

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueNet

Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton CDNS · research, not advice