cdns: the income statement

MyFinsight

CADENCE DESIGN SYSTEMS INC (CDNS)

For the quarter ending 2024-09-30, CDNS made $1,215,499K in revenue. $238,111K in net income. Net profit margin of 19.59%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2024-09-30	2024-06-30	2024-03-31	2023-09-30
Revenue	1,215,499	1,060,681	1,009,103	1,023,094
Marketing and sales	189,763	186,725	180,589	176,215
Restructuring	24,538	-33	280	11,582
Research and development	407,369	370,740	378,958	369,642
General and administrative	71,581	63,436	68,716	58,556
Cost of sales	163,044	139,270	125,197	85,813
Amortization of acquired intangibles	9,148	6,667	5,407	4,612
Total costs and expenses	865,443	766,805	759,147	730,188
Income from operations	350,056	293,876	249,956	292,906
Interest expense	24,495	12,905	8,692	9,059
Other income, net	7,853	34,739	68,779	16,106
Income before provision for income taxes	333,414	315,710	310,043	299,953
Provision for income taxes	95,303	86,190	62,400	45,632
Net income	238,111	229,520	247,643	254,321

Basic eps	0.87	0.85	0.92	0.94
Diluted eps	0.87	0.84	0.91	0.93
Basic average shares	272,244,000	270,912,000	269,606,000	269,229,000
Diluted average shares	273,958,000	273,520,000	273,544,000	272,427,000

Unit: Thousand (K) dollars (except for numbers of shares and EPS)