For the year ending 2025-12-31, CDNS made $5,296,759K in revenue. $1,108,888K in net income. Net profit margin of 20.94%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total revenue | 5,296,759 | 4,641,264 | 4,089,986 | 3,561,718 |
| Cost of sales-Productandmaintenance | 518,673 | 436,600 | 331,760 | 273,565 |
| Cost of sales-Technology Service | 203,576 | 210,902 | 103,281 | 98,058 |
| Marketing and sales | 802,633 | 757,483 | 690,319 | 604,224 |
| Research and development | 1,768,772 | 1,549,093 | 1,441,796 | 1,251,544 |
| General and administrative | 313,387 | 282,283 | 242,430 | 242,116 |
| Amortization of acquired intangibles | 39,937 | 30,375 | 18,162 | 18,470 |
| Loss related to contingent liability | 128,545 | - | - | - |
| Restructuring | 29,194 | 23,765 | 11,013 | 55 |
| Total costs and expenses | 3,804,717 | 3,290,501 | 2,838,761 | 2,488,032 |
| Income from operations | 1,492,042 | 1,350,763 | 1,251,225 | 1,073,686 |
| Interest expense | 116,541 | 75,999 | 36,185 | 22,934 |
| Other income, net | 146,542 | 121,055 | 66,886 | -5,389 |
| Income before provision for income taxes | 1,522,043 | 1,395,819 | 1,281,926 | 1,045,363 |
| Provision for income taxes | 413,155 | 340,335 | 240,782 | 196,411 |
| Net income | 1,108,888 | 1,055,484 | 1,041,144 | 848,952 |
| Net income per share - basic (in usd per share) | 4.09 | 3.89 | 3.86 | 3.13 |
| Net income per share - diluted (in usd per share) | 4.06 | 3.85 | 3.82 | 3.09 |
| Weighted average common shares outstanding - basic (shares) | 271,333,000 | 271,212,000 | 269,381,000 | 271,198,000 |
| Weighted average common shares outstanding - diluted (shares) | 273,312,000 | 273,833,000 | 272,748,000 | 275,011,000 |
CADENCE DESIGN SYSTEMS INC (CDNS)
CADENCE DESIGN SYSTEMS INC (CDNS)