CDNS Q1 2022 Earnings — Cadence Design Systems, Inc. Revenue & Financial Results | Market Cap Arena

CDNSCadence Design Systems, Inc.

$81B

Q1 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$902M+22.5% YoY

Gross Profit

$804M89.1% margin

Operating Income

$319M35.4% margin

Net Income

$235M26.1% margin

EPS (Diluted)

$0.85

QoQ Revenue Growth

+16.7%

Cash Flow

Operating Cash Flow

$337M

Free Cash Flow

$318M

Stock-Based Comp.

$59M

Balance Sheet

Total Assets

$4.4B

Total Liabilities

$1.6B

Stockholders' Equity

$2.8B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$902M	$736M	+22.5%
Gross Profit	$804M	$652M	+23.3%
Operating Income	$319M	$204M	+56.4%
Net Income	$235M	$187M	+25.7%

Revenue Segments

Product and maintenance

$846M94%

Technology Service

$56M6%

Geographic Segments

Americas

$425M47%

Asia

$299M33%

EMEA

$131M14%

JAPAN

$47M5%