CDNS FY 2024 Earnings — Cadence Design Systems, Inc. Revenue & Financial Results | Market Cap Arena

CDNSCadence Design Systems, Inc.

$81B

FY 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$4.6B+13.5% YoY

Gross Profit

$4.0B86.0% margin

Operating Income

$1.4B29.1% margin

Net Income

$1.1B22.7% margin

EPS (Diluted)

$3.85

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$1.1B

Stock-Based Comp.

$391M

Balance Sheet

Total Assets

$9.0B

Total Liabilities

$4.3B

Stockholders' Equity

$4.7B

Cash & Equivalents

$2.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.6B	$4.1B	+13.5%
Gross Profit	$4.0B	$3.7B	+9.3%
Operating Income	$1.4B	$1.3B	+8.0%
Net Income	$1.1B	$1.0B	+1.4%