Cadence Historical Income Statement

CDNS Stock

USD 306.81 2.13 0.70%

Historical analysis of Cadence Design income statement accounts such as Interest Expense of 38 M, Selling General Administrative of 152.6 M or Total Revenue of 4.3 B can show how well Cadence Design Systems performed in making a profits. Evaluating Cadence Design income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Cadence Design's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Cadence Design Systems latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Cadence Design Systems is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cadence Design Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Cadence Income Statement Analysis

Cadence Design Systems Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Cadence Design shareholders. The income statement also shows Cadence investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Cadence Design Income Statement Chart

At this time, Cadence Design's Income Before Tax is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 32.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 152.6 M in 2024.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses

Total Revenue

Total revenue comprises all receipts Cadence Design Systems generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Cadence Design Systems minus its cost of goods sold. It is profit before Cadence Design operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Cadence Design Systems. It is also known as Cadence Design overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Cadence Design's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Cadence Design Systems current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cadence Design Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Gross Profit	2.7B	3.2B	3.7B	3.8B
Total Revenue	3.0B	3.6B	4.1B	4.3B

Gross Profit Total Revenue

Cadence Design income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Research Development	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.35	0.82	0.75	0.74	0.82	0.59	0.6	0.64	0.9	0.81	0.58	-0.12	0.61	0.11	0.77	0.56	0.56	-0.42	-0.13	-0.01	-0.26	0.51	0.52	-0.59
Interest Expense	0.35		0.27	0.27	0.25	0.31	0.17	0.18	0.2	0.3	0.3	0.16	0.51	0.09	0.19	0.2	-0.16	0.0	-0.31	0.13	0.23	0.5	0.01	0.02	0.15
Selling General Administrative	0.82	0.27		0.88	0.88	0.89	0.82	0.83	0.84	0.95	0.89	0.81	-0.05	0.75	0.37	0.87	0.83	0.72	-0.45	-0.5	0.3	-0.06	0.66	0.66	-0.69
Total Revenue	0.75	0.27	0.88		1.0	0.99	0.97	0.98	0.99	0.8	0.99	0.97	0.19	0.89	0.45	0.99	0.79	0.85	-0.47	-0.64	0.32	0.14	0.83	0.82	-0.8
Gross Profit	0.74	0.25	0.88	1.0		0.99	0.97	0.98	0.99	0.8	0.99	0.97	0.19	0.89	0.45	0.99	0.8	0.86	-0.47	-0.65	0.32	0.14	0.83	0.82	-0.8
Other Operating Expenses	0.82	0.31	0.89	0.99	0.99		0.94	0.94	0.96	0.83	1.0	0.93	0.16	0.86	0.42	0.99	0.75	0.82	-0.46	-0.56	0.28	0.09	0.79	0.78	-0.78
Operating Income	0.59	0.17	0.82	0.97	0.97	0.94		1.0	1.0	0.71	0.94	1.0	0.25	0.9	0.5	0.95	0.83	0.88	-0.47	-0.76	0.37	0.25	0.85	0.86	-0.8
Ebit	0.6	0.18	0.83	0.98	0.98	0.94	1.0		1.0	0.71	0.94	1.0	0.25	0.9	0.51	0.96	0.82	0.87	-0.45	-0.75	0.38	0.25	0.85	0.86	-0.79
Ebitda	0.64	0.2	0.84	0.99	0.99	0.96	1.0	1.0		0.74	0.96	1.0	0.24	0.9	0.49	0.97	0.82	0.87	-0.46	-0.73	0.36	0.22	0.85	0.85	-0.8
Cost Of Revenue	0.9	0.3	0.95	0.8	0.8	0.83	0.71	0.71	0.74		0.83	0.69	-0.07	0.66	0.29	0.8	0.78	0.62	-0.4	-0.34	0.19	-0.13	0.59	0.59	-0.63
Total Operating Expenses	0.81	0.3	0.89	0.99	0.99	1.0	0.94	0.94	0.96	0.83		0.93	0.15	0.86	0.42	0.99	0.76	0.82	-0.47	-0.57	0.28	0.07	0.8	0.78	-0.79
Income Before Tax	0.58	0.16	0.81	0.97	0.97	0.93	1.0	1.0	1.0	0.69	0.93		0.27	0.9	0.5	0.95	0.82	0.88	-0.46	-0.76	0.37	0.26	0.85	0.86	-0.8
Total Other Income Expense Net	-0.12	0.51	-0.05	0.19	0.19	0.16	0.25	0.25	0.24	-0.07	0.15	0.27		0.18	0.27	0.14	-0.03	0.13	-0.37	-0.13	0.27	0.76	0.17	0.15	0.06
Net Income	0.61	0.09	0.75	0.89	0.89	0.86	0.9	0.9	0.9	0.66	0.86	0.9	0.18		0.07	0.88	0.76	0.99	-0.61	-0.7	-0.03	0.19	0.94	0.78	-0.85
Income Tax Expense	0.11	0.19	0.37	0.45	0.45	0.42	0.5	0.51	0.49	0.29	0.42	0.5	0.27	0.07		0.43	0.38	0.03	0.17	-0.36	0.92	0.21	0.09	0.41	-0.14
Research Development	0.77	0.2	0.87	0.99	0.99	0.99	0.95	0.96	0.97	0.8	0.99	0.95	0.14	0.88	0.43		0.8	0.85	-0.43	-0.62	0.27	0.05	0.83	0.81	-0.83
Selling And Marketing Expenses	0.56	-0.16	0.83	0.79	0.8	0.75	0.83	0.82	0.82	0.78	0.76	0.82	-0.03	0.76	0.38	0.8		0.77	-0.35	-0.71	0.24	-0.01	0.76	0.76	-0.79
Net Income From Continuing Ops	0.56	0.0	0.72	0.85	0.86	0.82	0.88	0.87	0.87	0.62	0.82	0.88	0.13	0.99	0.03	0.85	0.77		-0.6	-0.72	-0.07	0.16	0.94	0.78	-0.86
Non Recurring	-0.42	-0.31	-0.45	-0.47	-0.47	-0.46	-0.47	-0.45	-0.46	-0.4	-0.47	-0.46	-0.37	-0.61	0.17	-0.43	-0.35	-0.6		0.3	0.18	-0.25	-0.55	-0.37	0.49
Non Operating Income Net Other	-0.13	0.13	-0.5	-0.64	-0.65	-0.56	-0.76	-0.75	-0.73	-0.34	-0.57	-0.76	-0.13	-0.7	-0.36	-0.62	-0.71	-0.72	0.3		-0.26	-0.43	-0.77	-0.64	0.7
Tax Provision	-0.01	0.23	0.3	0.32	0.32	0.28	0.37	0.38	0.36	0.19	0.28	0.37	0.27	-0.03	0.92	0.27	0.24	-0.07	0.18	-0.26		0.21	-0.1	0.3	0.01
Interest Income	-0.26	0.5	-0.06	0.14	0.14	0.09	0.25	0.25	0.22	-0.13	0.07	0.26	0.76	0.19	0.21	0.05	-0.01	0.16	-0.25	-0.43	0.21		0.22	0.11	0.09
Net Interest Income	0.51	0.01	0.66	0.83	0.83	0.79	0.85	0.85	0.85	0.59	0.8	0.85	0.17	0.94	0.09	0.83	0.76	0.94	-0.55	-0.77	-0.1	0.22		0.72	-0.9
Reconciled Depreciation	0.52	0.02	0.66	0.82	0.82	0.78	0.86	0.86	0.85	0.59	0.78	0.86	0.15	0.78	0.41	0.81	0.76	0.78	-0.37	-0.64	0.3	0.11	0.72		-0.8
Extraordinary Items	-0.59	0.15	-0.69	-0.8	-0.8	-0.78	-0.8	-0.79	-0.8	-0.63	-0.79	-0.8	0.06	-0.85	-0.14	-0.83	-0.79	-0.86	0.49	0.7	0.01	0.09	-0.9	-0.8

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Cadence Design Account Relationship Matchups

Cadence Design income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	138.0M	145.7M	142.3M	132.1M	145.7M	118.7M
Interest Expense	18.8M	20.7M	17.0M	22.9M	36.2M	38.0M
Selling General Administrative	139.8M	154.4M	189.0M	242.1M	242.4M	152.6M
Total Revenue	2.3B	2.7B	3.0B	3.6B	4.1B	4.3B
Gross Profit	2.1B	2.4B	2.7B	3.2B	3.7B	3.8B
Other Operating Expenses	1.8B	2.0B	2.2B	2.5B	2.8B	3.0B
Operating Income	491.8M	645.6M	779.1M	1.1B	1.3B	1.3B
Ebit	491.8M	653.5M	785.4M	1.1B	1.3B	1.3B
Ebitda	629.8M	799.2M	927.7M	1.2B	1.4B	1.5B
Cost Of Revenue	266.4M	305.5M	307.0M	371.6M	435.0M	220.6M
Total Operating Expenses	1.6B	1.7B	1.9B	2.1B	2.4B	2.5B
Income Before Tax	479.0M	632.7M	768.4M	1.0B	1.3B	1.3B
Total Other Income Expense Net	(12.8M)	(12.8M)	(10.7M)	(28.3M)	30.7M	32.2M
Net Income	989.0M	590.6M	696.0M	849.0M	1.0B	1.1B
Income Tax Expense	(510.0M)	42.1M	72.5M	196.4M	240.8M	252.8M
Research Development	935.9M	1.0B	1.1B	1.3B	1.4B	1.5B
Net Income Applicable To Common Shares	989.0M	590.6M	696.0M	849.0M	976.3M	1.0B
Selling And Marketing Expenses	481.7M	516.5M	560.3M	604.2M	690.3M	463.2M
Net Income From Continuing Ops	989.0M	590.6M	696.0M	849.0M	957.6M	1.0B
Non Recurring	(8.6M)	9.2M	(1.0M)	55K	49.5K	47.0K
Non Operating Income Net Other	6.0M	7.9M	6.3M	(5.4M)	(4.9M)	(4.6M)
Tax Provision	(510.0M)	42.1M	72.5M	196.4M	172.8M	181.4M
Interest Income	9.5M	3.8M	2.6M	10.1M	27.4M	28.8M
Net Interest Income	(9.3M)	(16.9M)	(14.3M)	(12.8M)	(8.9M)	(9.3M)
Reconciled Depreciation	123.4M	150.1M	130.7M	135.4M	142.2M	144.0M

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Cadence Historical Income Statement

About Cadence Income Statement Analysis

Cadence Design Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Cadence Design income statement Correlations

Cadence Design Account Relationship Matchups

High Positive Relationship

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Cadence Design income statement Accounts

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Gross Profit	+ 1.0	Total Revenue
Total Operating Expenses	+ 1.0	Other Operating Expenses
Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Operating Income
Ebitda	+ 1.0	Ebit

Extraordinary Items	- 0.9	Net Interest Income
Extraordinary Items	- 0.86	Net Income From Continuing Ops
Extraordinary Items	- 0.85	Net Income
Extraordinary Items	- 0.83	Research Development
Extraordinary Items	- 0.8	Reconciled Depreciation
Extraordinary Items	- 0.8	Income Before Tax