CDNS Q2 2021 Earnings — Cadence Design Systems, Inc. Revenue & Financial Results | Market Cap Arena

CDNSCadence Design Systems, Inc.

$81B

Q2 2021 Earnings

Technology Software - Application

Income Statement

Revenue

$728M+14.1% YoY

Gross Profit

$652M89.5% margin

Operating Income

$185M25.5% margin

Net Income

$156M21.4% margin

EPS (Diluted)

$0.56

QoQ Revenue Growth

-1.1%

Cash Flow

Operating Cash Flow

$380M

Free Cash Flow

$366M

Stock-Based Comp.

$51M

Balance Sheet

Total Assets

$4.1B

Total Liabilities

$1.6B

Stockholders' Equity

$2.5B

Cash & Equivalents

$847M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$728M	$638M	+14.1%
Gross Profit	$652M	$563M	+15.7%
Operating Income	$185M	$152M	+22.0%
Net Income	$156M	$131M	+18.7%

Revenue Segments

Product and maintenance

$688M94%

Technology Service

$40M6%

Geographic Segments

Americas

$323M44%

Asia

$234M32%

EMEA

$125M17%

JAPAN

$46M6%