Cadence Design Systems In... (CDNS)

AI Score

Hold

AI Score

Our AI model analyzes fundamental, technical, and statistical indicators to predict the probability of a bullish trend over the next three months.

We regularly update and refine our models to deliver the most reliable forecasts for you.

Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

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At close: undefined

306.75

-0.12%

After-hours Dec 13, 2024, 05:19 PM EST

Income Statement (Annual)

Get detailed income statement breakdowns, uncovering revenue, expenses, and much more.

Boring Mode

Year	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10	FY09	FY08	FY07	FY06	FY05	FY04	FY03	FY02	FY01	FY00	FY99	FY98	FY97	FY96	FY95	FY94	FY93	FY92	FY91	FY90	FY89	FY88	FY87	FY86
Revenue	4.09B	3.56B	2.99B	2.68B	2.34B	2.14B	1.94B	1.82B	1.70B	1.58B	1.46B	1.33B	1.15B	935.95M	852.63M	1.04B	1.62B	1.48B	1.33B	1.20B	1.12B	1.29B	1.43B	1.28B	1.09B	1.22B	915.89M	741.46M	548.42M	429.07M	368.60M	434.50M	392.30M	231.40M	142.80M	67.10M	23.90M	16.60M
Cost of Revenue	435.04M	371.62M	307.01M	305.50M	266.36M	258.75M	237.39M	256.49M	238.45M	223.71M	200.20M	191.12M	195.16M	156.44M	169.24M	209.48M	214.51M	227.10M	228.78M	226.05M	216.65M	250.04M	354.86M	368.86M	324.84M	280.68M	183.10M	153.47M	116.53M	94.61M	45.40M	69.20M	61.40M	97.40M	47.20M	23.20M	8.90M	6.50M
Gross Profit	3.65B	3.19B	2.68B	2.38B	2.07B	1.88B	1.71B	1.56B	1.46B	1.36B	1.26B	1.14B	954.68M	779.51M	683.39M	829.13M	1.40B	1.26B	1.10B	971.43M	902.84M	1.04B	1.08B	910.69M	768.46M	935.39M	732.80M	587.99M	431.89M	334.46M	323.20M	365.30M	330.90M	134.00M	95.60M	43.90M	15.00M	10.10M
Operating Income	1.25B	1.07B	779.09M	645.55M	491.80M	396.21M	323.95M	244.90M	285.43M	206.64M	189.01M	211.67M	120.38M	-13.17M	-123.59M	-1.57B	317.92M	224.59M	118.83M	101.17M	-9.96M	174.75M	240.45M	63.41M	-12.75M	105.19M	234.01M	91.26M	117.86M	58.75M	-2.30M	65.70M	-13.90M	52.50M	40.70M	19.90M	4.50M	2.30M
Interest Income	29.64M	10.10M	2.63M	3.82M	9.51M	8.07M	3.88M	2.92M	2.67M	1.83M	1.71M	1.47M	1.30M	1.20M	2.60M	20.40M	48.10M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pretax Income	1.28B	1.05B	768.43M	632.75M	478.97M	376.39M	315.05M	237.15M	267.60M	181.00M	159.00M	188.27M	95.43M	-46.97M	-153.50M	-1.60B	364.07M	241.88M	128.48M	86.44M	-30.57M	157.97M	242.15M	68.00M	-11.38M	112.67M	234.01M	90.48M	135.10M	48.86M	-	68.40M	-11.50M	56.30M	42.40M	19.00M	4.80M	2.30M
Net Income	1.04B	848.95M	695.96M	590.64M	988.98M	345.78M	204.10M	203.09M	252.42M	158.90M	164.24M	439.95M	72.23M	142.34M	-149.87M	-1.85B	296.25M	142.59M	49.34M	74.47M	-17.57M	71.95M	141.29M	49.98M	-14.07M	31.98M	169.47M	29.04M	97.27M	36.65M	-12.80M	55.40M	-21.70M	38.00M	27.80M	13.10M	3.20M	1.50M
Selling & General & Admin	920.65M	846.34M	749.28M	670.88M	621.48M	573.08M	553.34M	520.30M	512.41M	513.31M	499.47M	454.35M	416.66M	391.95M	409.48M	510.44M	576.14M	548.90M	518.94M	409.35M	409.14M	515.37M	508.21M	484.62M	440.94M	369.78M	314.36M	280.88M	225.46M	203.14M	281.50M	262.00M	304.80M	61.40M	40.30M	17.10M	7.70M	6.20M
Research & Development	1.44B	1.25B	1.13B	1.03B	935.94M	884.82M	804.22M	735.34M	637.57M	603.01M	534.02M	454.08M	400.75M	376.41M	354.70M	457.91M	494.03M	460.06M	370.14M	351.25M	340.12M	326.41M	297.33M	263.95M	219.18M	179.39M	140.38M	115.30M	88.57M	72.57M	-	-	-	-	-	-	-	-
Other Expenses	41.27M	18.47M	19.64M	18.01M	12.13M	3.32M	16.75M	15.92M	10.48M	8.48M	7.57M	11.34M	16.54M	14.16M	11.42M	22.73M	19.42M	23.14M	47.76M	87.11M	96.70M	-107.81M	110.24M	98.71M	121.09M	281.04M	44.05M	100.54M	-	-	44.00M	37.60M	40.00M	20.10M	14.60M	6.90M	2.80M	1.60M
Operating Expenses	2.40B	2.12B	1.90B	1.72B	1.57B	1.47B	1.37B	1.27B	1.17B	1.14B	1.05B	923.52M	833.94M	782.52M	775.60M	1.04B	1.09B	1.03B	936.85M	847.71M	845.96M	733.97M	915.78M	847.28M	781.21M	830.21M	498.79M	496.73M	314.03M	275.71M	325.50M	299.60M	344.80M	81.50M	54.90M	24.00M	10.50M	7.80M
Interest Expense	36.19M	22.93M	16.98M	20.75M	18.83M	23.14M	25.66M	23.67M	28.31M	34.12M	37.58M	34.74M	43.02M	36.34M	28.87M	11.61M	12.37M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling & Marketing Expenses	690.32M	604.22M	560.26M	516.46M	481.67M	439.67M	419.16M	395.19M	402.43M	399.69M	378.16M	342.28M	323.80M	305.56M	286.83M	358.41M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost & Expenses	2.84B	2.49B	2.21B	2.03B	1.84B	1.73B	1.61B	1.53B	1.41B	1.36B	1.25B	1.11B	1.03B	938.97M	944.85M	1.25B	1.30B	1.26B	1.17B	1.07B	1.06B	984.02M	1.27B	1.22B	1.11B	1.11B	681.89M	650.20M	430.56M	370.32M	370.90M	368.80M	406.20M	178.90M	102.10M	47.20M	19.40M	14.30M
Income Tax	240.78M	196.41M	72.48M	42.10M	-510.01M	30.61M	110.94M	34.07M	15.18M	22.10M	-5.25M	-251.68M	23.20M	-189.31M	-3.63M	252.31M	67.82M	99.70M	79.14M	11.96M	-13.00M	86.02M	100.86M	18.02M	2.69M	80.69M	77.89M	61.44M	37.83M	12.21M	10.50M	13.00M	10.20M	18.30M	14.60M	5.90M	1.60M	800.00K
Shares Outstanding (Basic)	269.38M	271.20M	273.50M	273.73M	273.24M	273.73M	272.10M	284.50M	288.02M	283.35M	277.80M	270.48M	263.89M	260.79M	257.78M	254.32M	271.45M	279.35M	278.52M	271.33M	266.79M	259.87M	246.86M	244.56M	235.00M	234.60M	220.13M	180.53M	61.97M	196.33M	182.86M	202.96M	176.92M	140.74M	132.38M	100.77M	45.71M	26.69M
Shares Outstanding (Diluted)	272.75M	275.01M	278.86M	279.64M	280.51M	281.14M	280.22M	291.26M	312.30M	306.77M	294.56M	280.67M	270.82M	265.87M	257.78M	254.32M	295.59M	312.46M	314.38M	305.77M	266.79M	267.50M	256.89M	262.70M	235.00M	257.86M	232.54M	214.38M	61.97M	197.61M	182.86M	202.96M	176.92M	140.74M	132.38M	100.77M	45.71M	26.69M
EPS (Basic)	3.86	3.13	2.54	2.16	3.62	1.26	0.75	0.71	0.88	0.56	0.59	1.63	0.27	0.55	-0.58	-7.29	1.09	0.51	0.18	0.27	-0.07	0.23	0.57	0.20	-0.06	0.11	0.75	0.19	1.57	0.19	-0.07	0.27	-0.12	0.27	0.21	0.13	0.07	0.04
EPS (Diluted)	3.82	3.09	2.50	2.11	3.53	1.23	0.73	0.70	0.81	0.52	0.56	1.57	0.27	0.54	-0.58	-7.29	1.01	0.46	0.16	0.25	-0.07	0.23	0.55	0.19	-0.06	0.10	0.71	0.16	1.57	0.19	-0.07	0.27	-0.12	0.27	0.21	0.13	0.07	0.04
EBITDA	1.42B	1.20B	927.72M	799.15M	620.59M	526.02M	448.88M	406.54M	408.81M	332.53M	305.31M	312.23M	230.10M	61.91M	-31.49M	-1.46B	507.09M	401.34M	377.92M	365.41M	289.60M	542.79M	532.50M	270.23M	210.40M	462.20M	337.40M	252.00M	163.88M	103.01M	41.70M	103.30M	26.10M	72.60M	55.30M	26.80M	7.30M	3.90M
Depreciation & Amortization	145.74M	132.09M	142.31M	145.65M	122.79M	118.72M	115.52M	119.59M	118.17M	115.63M	98.31M	89.22M	91.65M	88.33M	93.14M	128.72M	130.65M	147.12M	184.72M	210.61M	232.73M	242.54M	230.43M	206.81M	163.90M	102.41M	56.64M	51.74M	46.02M	44.26M	44.00M	37.60M	40.00M	20.10M	14.60M	6.90M	2.80M	1.60M