CDNS Q2 2022 Earnings — Cadence Design Systems, Inc. Revenue & Financial Results | Market Cap Arena

CDNSCadence Design Systems, Inc.

$81B

Q2 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$858M+17.7% YoY

Gross Profit

$765M89.2% margin

Operating Income

$283M33.0% margin

Net Income

$187M21.8% margin

EPS (Diluted)

$0.68

QoQ Revenue Growth

-4.9%

Cash Flow

Operating Cash Flow

$325M

Free Cash Flow

$300M

Stock-Based Comp.

$64M

Balance Sheet

Total Assets

$4.4B

Total Liabilities

$1.7B

Stockholders' Equity

$2.6B

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$858M	$728M	+17.7%
Gross Profit	$765M	$652M	+17.4%
Operating Income	$283M	$185M	+52.6%
Net Income	$187M	$156M	+19.9%

Revenue Segments

Product and maintenance

$802M94%

Technology Service

$55M6%

Geographic Segments

Americas

$381M44%

Asia

$265M31%

EMEA

$158M18%

JAPAN

$53M6%