CADENCE DESIGN SYSTEMS INC (CDNS) Income statement
Top 20 of 28 line items reported by CDNS · 250+ in the full API →
CADENCE DESIGN SYSTEMS INC (CDNS) · Income Statement
Consolidated Statements of Operations
Annual · In millions USD, except per-share data · Latest filed Feb 19, 2026 · FY ends Dec 31
| Fiscal Years Ended | |||||
|---|---|---|---|---|---|
FY2025 Dec 31, 2025 | FY2024 Dec 31, 2024 | FY2023 Dec 31, 2023 | FY2022 Dec 31, 2022 | Trend | |
| Total Revenue | $5,297 | $4,641 | $4,090 | $3,562 | |
| Cost of Revenue | 722 | 648 | 435 | 372 | |
| Gross Profit | $4,575 | $3,994 | $3,655 | $3,190 | |
| Other Operating Expenses | 3,082 | 2,643 | 2,404 | 2,116 | |
| Total Operating Expenses | 3,805 | 3,291 | 2,839 | 2,488 | |
| Operating Income | $1,492 | $1,351 | $1,251 | $1,074 | |
| EBIT (Earnings Before Interest & Tax) | 1,492 | 1,351 | 1,251 | 1,074 | |
| Add: Depreciation & Amortization | 278 | 245 | 187 | 173 | |
| EBITDA (Non-GAAP) | $1,770 | $1,595 | $1,438 | $1,246 | |
| Interest Income | 102 | 62 | 30 | 10 | |
| Interest Expense | -117 | -76 | -36 | -23 | |
| Investment Gains (Losses) | 58 | 50 | 35 | (5) | |
| Foreign Exchange Gain (Loss) | (36) | (1) | (5) | (0) | |
| Non-Operating Income (Expense) | $7 | $35 | $23 | $(19) | |
| Income Before Taxes (EBT) | $1,522 | $1,396 | $1,282 | $1,045 | |
| Provision for Income Taxes | 413 | 340 | 241 | 196 | |
| Effective Tax Rate | 27.1% | 24.4% | 18.8% | 18.8% | |
| Net Income | $1,109 | $1,055 | $1,041 | $849 | |
| Diluted Earnings Per Share | $4.06 | $3.85 | $3.82 | $3.09 | |
| Gross Margin | 86.4% | 86% | 89.4% | 89.6% | |
8 more line items available via the API
Sales, General & AdministrativeGain (Loss) on Equity SecuritiesShares OutstandingDiluted Shares OutstandingBasic Earnings Per ShareOperating MarginOther OpEx MarginNet Margin
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