CDNS Q4 2022 Earnings — Cadence Design Systems, Inc. Revenue & Financial Results | Market Cap Arena

CDNSCadence Design Systems, Inc.

$81B

Q4 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$900M+16.4% YoY

Gross Profit

$806M89.6% margin

Operating Income

$211M23.5% margin

Net Income

$240M26.7% margin

EPS (Diluted)

$0.88

QoQ Revenue Growth

-0.3%

Cash Flow

Operating Cash Flow

$264M

Free Cash Flow

$227M

Stock-Based Comp.

$73M

Balance Sheet

Total Assets

$5.1B

Total Liabilities

$2.4B

Stockholders' Equity

$2.7B

Cash & Equivalents

$882M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$900M	$773M	+16.4%
Gross Profit	$806M	$703M	+14.7%
Operating Income	$211M	$196M	+7.9%
Net Income	$240M	$177M	+36.1%

Revenue Segments

Product and maintenance

$846M94%

Technology Service

$54M6%

Geographic Segments

Americas

$417M46%

Asia

$283M31%

EMEA

$151M17%

JAPAN

$49M5%