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Mar 31, 2023

Cadence Q1 2023 Earnings Report

Total Revenue
$1.02B
Previous year: $902M
+13.3%
EPS
$1.29
Previous year: $1.17
+10.3%
Remaining Performance Obligations
$5.4B
Previous year: $4.4B
+22.7%
IP Business Growth
11%
Previous year: 14%
-21.4%
System Design & Analysis Growth
12%
Previous year: 12%
+0.0%
Gross Profit
$897M
Previous year: $703M
+27.6%
Cash and Equivalents
$917M
Previous year: $1.13B
-19.2%
Free Cash Flow
$241M
Previous year: $318M
-24.4%
Total Assets
$5.17B
Previous year: $4.4B
+17.7%

Cadence

Cadence

Cadence Revenue by Segment

Cadence Revenue by Geographic Location

Revenue & Expenses

Visualization of income flow from segment revenue to net income