CDNS Q3 2021 Earnings — Cadence Design Systems, Inc. Revenue & Financial Results | Market Cap Arena

CDNSCadence Design Systems, Inc.

$79B

Q3 2021 Earnings

Technology Software - Application

Income Statement

Revenue

$751M+12.6% YoY

Gross Profit

$674M89.8% margin

Operating Income

$194M25.8% margin

Net Income

$176M23.5% margin

EPS (Diluted)

$0.63

QoQ Revenue Growth

+3.1%

Cash Flow

Operating Cash Flow

$296M

Free Cash Flow

$277M

Stock-Based Comp.

$53M

Balance Sheet

Total Assets

$4.2B

Total Liabilities

$1.6B

Stockholders' Equity

$2.6B

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$751M	$667M	+12.6%
Gross Profit	$674M	$584M	+15.4%
Operating Income	$194M	$169M	+14.6%
Net Income	$176M	$162M	+9.1%

Revenue Segments

Product and maintenance

$706M94%

Technology Service

$45M6%

Geographic Segments

Americas

$343M46%

Asia

$235M31%

EMEA

$130M17%

JAPAN

$44M6%