CDNS Q3 2022 Earnings — Cadence Design Systems, Inc. Revenue & Financial Results | Market Cap Arena

CDNSCadence Design Systems, Inc.

$81B

Q3 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$903M+20.2% YoY

Gross Profit

$815M90.3% margin

Operating Income

$261M28.9% margin

Net Income

$186M20.6% margin

EPS (Diluted)

$0.68

QoQ Revenue Growth

+5.3%

Cash Flow

Operating Cash Flow

$317M

Free Cash Flow

$273M

Stock-Based Comp.

$73M

Balance Sheet

Total Assets

$5.0B

Total Liabilities

$2.3B

Stockholders' Equity

$2.7B

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$903M	$751M	+20.2%
Gross Profit	$815M	$674M	+20.9%
Operating Income	$261M	$194M	+34.4%
Net Income	$186M	$176M	+5.7%

Revenue Segments

Product and maintenance

$846M94%

Technology Service

$57M6%

Geographic Segments

Americas

$407M45%

Asia

$305M34%

EMEA

$143M16%

JAPAN

$48M5%