CDNS Q4 2024 Earnings — Cadence Design Systems, Inc. Revenue & Financial Results | Market Cap Arena

CDNSCadence Design Systems, Inc.

$81B

Q4 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$1.4B+26.9% YoY

Gross Profit

$1.1B83.8% margin

Operating Income

$457M33.7% margin

Net Income

$340M25.1% margin

EPS (Diluted)

$1.24

QoQ Revenue Growth

+11.6%

Cash Flow

Operating Cash Flow

$441M

Free Cash Flow

$404M

Stock-Based Comp.

$107M

Balance Sheet

Total Assets

$9.0B

Total Liabilities

$4.3B

Stockholders' Equity

$4.7B

Cash & Equivalents

$2.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.1B	+26.9%
Gross Profit	$1.1B	$965M	+17.8%
Operating Income	$457M	$337M	+35.8%
Net Income	$340M	$324M	+5.0%

Revenue Segments

Product and maintenance

$1.2B91%

Technology Service

$117M9%

Geographic Segments

Americas

$666M49%

Asia

$410M30%

EMEA

$203M15%

JAPAN

$78M6%