CDNS Q3 2020 Earnings — Cadence Design Systems, Inc. Revenue & Financial Results | Market Cap Arena

CDNSCadence Design Systems, Inc.

$79B

Q3 2020 Earnings

Technology Software - Application

Income Statement

Revenue

$667M+15.0% YoY

Gross Profit

$584M87.7% margin

Operating Income

$169M25.4% margin

Net Income

$162M24.2% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

+4.4%

Cash Flow

Operating Cash Flow

$207M

Free Cash Flow

$186M

Stock-Based Comp.

$45M

Balance Sheet

Total Assets

$4.1B

Total Liabilities

$1.7B

Stockholders' Equity

$2.4B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$667M	$580M	+15.0%
Gross Profit	$584M	$519M	+12.7%
Operating Income	$169M	$121M	+40.1%
Net Income	$162M	$102M	+59.2%

Revenue Segments

Product and maintenance

$630M95%

Technology Service

$36M5%

Geographic Segments

Americas

$280M42%

Asia

$237M36%

EMEA

$108M16%

JAPAN

$41M6%