CDNS Q1 2021 Earnings — Cadence Design Systems, Inc. Revenue & Financial Results | Market Cap Arena

CDNSCadence Design Systems, Inc.

$81B

Q1 2021 Earnings

Technology Software - Application

Income Statement

Revenue

$736M+19.1% YoY

Gross Profit

$652M88.6% margin

Operating Income

$204M27.7% margin

Net Income

$187M25.4% margin

EPS (Diluted)

$0.67

QoQ Revenue Growth

-3.1%

Cash Flow

Operating Cash Flow

$208M

Free Cash Flow

$191M

Stock-Based Comp.

$53M

Balance Sheet

Total Assets

$4.0B

Total Liabilities

$1.5B

Stockholders' Equity

$2.5B

Cash & Equivalents

$743M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$736M	$618M	+19.1%
Gross Profit	$652M	$543M	+20.0%
Operating Income	$204M	$138M	+47.5%
Net Income	$187M	$124M	+51.0%

Revenue Segments

Product and maintenance

$699M95%

Technology Service

$37M5%

Geographic Segments

Americas

$336M46%

Asia

$223M30%

EMEA

$130M18%

JAPAN

$47M6%