CDNS | Cadence Design Systems, Inc. Stock Financials Income Statements Annual

(Stock Exchange: NASDAQ)

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Financial Year End	2023-12-31	2022-12-31	2022-01-01	2021-01-02	2019-12-28	2018-12-29	2017-12-30	2016-12-31	2016-01-02	2015-01-03	2013-12-28	2012-12-29	2011-12-31	2011-01-01	2010-01-02	2009-01-03	2007-12-29	2006-12-30	2005-12-31	2005-01-01	2004-01-03	2002-12-28	2001-12-29	2000-12-30	2000-01-01	1999-01-02	1998-01-03	1996-12-28	1995-12-30	1994-12-31
Revenue	4.09B	3.56B	2.99B	2.68B	2.34B	2.14B	1.94B	1.82B	1.70B	1.58B	1.46B	1.33B	1.15B	935.95M	852.63M	1.04B	1.62B	1.48B	1.33B	1.20B	1.12B	1.29B	1.43B	1.28B	1.09B	1.22B	915.89M	741.46M	548.42M	429.07M
Cost of Revenue	435.04M	371.62M	307.01M	305.50M	266.36M	258.75M	237.39M	256.49M	238.45M	223.71M	200.20M	191.12M	195.16M	156.44M	169.24M	209.48M	214.51M	227.10M	228.78M	226.05M	216.65M	250.04M	354.86M	368.86M	324.84M	280.68M	183.10M	153.47M	116.53M	94.61M
Gross Profit	3.65B	3.19B	2.68B	2.38B	2.07B	1.88B	1.71B	1.56B	1.46B	1.36B	1.26B	1.14B	954.68M	779.51M	683.39M	829.13M	1.40B	1.26B	1.10B	971.43M	902.84M	1.04B	1.08B	910.69M	768.46M	935.39M	732.80M	587.99M	431.89M	334.46M
Operating Expenses	2.40B	2.12B	1.90B	1.72B	1.57B	1.47B	1.37B	1.27B	1.17B	1.14B	1.05B	923.52M	833.94M	782.52M	775.60M	1.04B	1.09B	1.03B	936.85M	847.71M	845.96M	733.97M	915.78M	847.28M	781.21M	830.21M	498.79M	496.73M	314.03M	275.71M
Selling, General & Admin	920.65M	846.34M	749.28M	670.88M	621.48M	573.08M	553.34M	520.30M	512.41M	513.31M	499.47M	454.35M	416.66M	391.95M	409.48M	510.44M	576.14M	548.90M	518.94M	409.35M	409.14M	515.37M	508.21M	484.62M	440.94M	369.78M	314.36M	280.88M	225.46M	203.14M
Research & Development	1.44B	1.25B	1.13B	1.03B	935.94M	884.82M	804.22M	735.34M	637.57M	603.01M	534.02M	454.08M	400.75M	376.41M	354.70M	457.91M	494.03M	460.06M	370.14M	351.25M	340.12M	326.41M	297.33M	263.95M	219.18M	179.39M	140.38M	115.30M	88.57M	72.57M
Other Operating Expenses	41.27M	18.47M	19.64M	18.01M	12.13M	3.32M	16.75M	15.92M	10.48M	8.48M	7.57M	11.34M	16.54M	14.16M	11.42M	22.73M	19.42M	23.14M	47.76M	87.11M	96.70M	-107.81M	110.24M	98.71M	121.09M	281.04M	44.05M	100.54M	N/A	N/A
Operating Income	1.25B	1.07B	779.09M	645.55M	491.80M	396.21M	323.95M	244.90M	285.43M	206.64M	189.01M	211.67M	120.38M	-13.17M	-123.59M	-1.57B	317.92M	224.59M	118.83M	101.17M	-9.96M	174.75M	240.45M	63.41M	-12.75M	105.19M	234.01M	91.26M	117.86M	58.75M
Other Expenses / Income	30.70M	-28.32M	-10.65M	-12.80M	-12.83M	-19.82M	-8.91M	-7.75M	-17.83M	-25.64M	-30.01M	-23.40M	-25.31M	-33.80M	-29.91M	-28.46M	53.16M	17.29M	-35.08M	-14.73M	-20.60M	-30.73M	1.70M	4.58M	-57.90M	-253.10M	-37.79M	-100.30M	17.24M	-9.89M
Before Tax Income	1.28B	1.05B	768.43M	632.75M	478.97M	376.39M	315.05M	237.15M	267.60M	181.00M	159.00M	188.27M	95.43M	-46.97M	-153.50M	-1.60B	364.07M	241.88M	128.48M	86.44M	-30.57M	157.97M	242.15M	68.00M	-11.38M	112.67M	234.01M	90.48M	135.10M	48.86M
Income Tax Expenses	240.78M	196.41M	72.48M	42.10M	-510.01M	30.61M	110.94M	34.07M	15.18M	22.10M	-5.25M	-251.68M	23.20M	-189.31M	-3.63M	252.31M	67.82M	99.70M	79.14M	11.96M	-13.00M	86.02M	100.86M	18.02M	2.69M	80.69M	77.89M	61.44M	37.83M	12.21M
Net Income	1.04B	848.95M	695.96M	590.64M	988.98M	345.78M	204.10M	203.09M	252.42M	158.90M	164.24M	439.95M	72.23M	142.34M	-149.87M	-1.85B	296.25M	142.59M	49.34M	74.47M	-17.57M	71.95M	141.29M	49.98M	-14.07M	31.98M	169.47M	29.04M	97.27M	36.65M
Interest Expenses	36.19M	22.93M	16.98M	20.75M	18.83M	23.14M	25.66M	23.67M	28.31M	34.12M	37.58M	34.74M	43.02M	36.34M	28.87M	11.61M	12.37M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Basic Shares Outstanding	269.38M	271.20M	273.50M	273.73M	273.24M	273.73M	272.10M	284.50M	288.02M	283.35M	277.80M	270.48M	263.89M	260.79M	257.78M	254.32M	271.45M	279.35M	278.52M	271.33M	266.79M	259.87M	246.86M	244.56M	235.00M	234.60M	220.13M	180.53M	61.97M	196.33M
Diluted Shares Outstanding	272.75M	275.01M	278.86M	279.64M	280.51M	281.14M	280.22M	291.26M	312.30M	306.77M	294.56M	280.67M	270.82M	265.87M	257.78M	254.32M	295.59M	312.46M	314.38M	305.77M	266.79M	267.50M	256.89M	262.70M	235.00M	257.86M	232.54M	214.38M	61.97M	197.61M
EBITDA	1.42B	1.20B	927.72M	799.15M	620.59M	526.02M	448.88M	406.54M	408.81M	332.53M	305.31M	312.23M	230.10M	61.91M	-31.49M	-1.46B	507.09M	401.34M	377.92M	365.41M	289.60M	542.79M	532.50M	270.23M	210.40M	462.20M	337.40M	252.00M	163.88M	103.01M
EBITDA Margin	34.71%	33.70%	31.05%	29.79%	26.56%	24.60%	23.10%	22.39%	24.02%	21.03%	20.91%	23.54%	20.01%	6.61%	-3.69%	-140.71%	31.40%	27.05%	28.43%	30.51%	25.87%	41.98%	37.23%	21.12%	19.24%	38.01%	36.84%	33.99%	29.88%	24.01%
EBIT	1.32B	1.07B	785.41M	653.50M	497.80M	399.53M	340.71M	260.82M	295.91M	215.12M	196.58M	223.01M	138.45M	-10.62M	-124.63M	-1.59B	376.44M	242.30M	128.48M	86.44M	-30.57M	157.97M	242.15M	68.00M	-11.38M	112.67M	247.35M	90.48M	135.10M	48.86M
EBIT Margin	32.23%	29.99%	26.28%	24.36%	21.31%	18.69%	17.53%	14.36%	17.38%	13.61%	13.46%	16.81%	12.04%	-1.14%	-14.62%	-153.10%	23.31%	16.33%	9.67%	7.22%	-2.73%	12.22%	16.93%	5.31%	-1.04%	9.26%	27.01%	12.20%	24.63%	11.39%
Financial Year End	2023-12-31	2022-12-31	2022-01-01	2021-01-02	2019-12-28	2018-12-29	2017-12-30	2016-12-31	2016-01-02	2015-01-03	2013-12-28	2012-12-29	2011-12-31	2011-01-01	2010-01-02	2009-01-03	2007-12-29	2006-12-30	2005-12-31	2005-01-01	2004-01-03	2002-12-28	2001-12-29	2000-12-30	2000-01-01	1999-01-02	1998-01-03	1996-12-28	1995-12-30	1994-12-31