CDNS Q2 2020 Earnings — Cadence Design Systems, Inc. Revenue & Financial Results | Market Cap Arena

CDNSCadence Design Systems, Inc.

$79B

Q2 2020 Earnings

Technology Software - Application

Income Statement

Revenue

$638M+10.0% YoY

Gross Profit

$563M88.2% margin

Operating Income

$152M23.8% margin

Net Income

$131M20.6% margin

EPS (Diluted)

$0.47

QoQ Revenue Growth

+3.3%

Cash Flow

Operating Cash Flow

$345M

Free Cash Flow

$324M

Stock-Based Comp.

$47M

Balance Sheet

Total Assets

$4.0B

Total Liabilities

$1.7B

Stockholders' Equity

$2.3B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$638M	$580M	+10.0%
Gross Profit	$563M	$519M	+8.5%
Operating Income	$152M	$134M	+13.7%
Net Income	$131M	$107M	+22.4%

Revenue Segments

Product and maintenance

$601M94%

Technology Service

$37M6%

Geographic Segments

Americas

$277M43%

Asia

$199M31%

EMEA

$117M18%

JAPAN

$46M7%