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Jun 30, 2023

Cadence Q2 2023 Earnings Report

Total Revenue
$977M
Previous year: $858M
+13.9%
EPS
$1.22
Previous year: $1.08
+13.0%
Remaining Performance Obligations
$5.3B
Previous year: $5.6B
-5.4%
IP Business Growth
11%
Previous year: 14%
-21.4%
System Design & Analysis Growth
13%
Previous year: 12%
+8.3%
Gross Profit
$880M
Previous year: $765M
+15.0%
Cash and Equivalents
$874M
Previous year: $1.03B
-15.1%
Free Cash Flow
$394M
Previous year: $300M
+31.1%
Total Assets
$5.16B
Previous year: $4.36B
+18.2%

Cadence

Cadence

Cadence Revenue by Segment

Cadence Revenue by Geographic Location

Revenue & Expenses

Visualization of income flow from segment revenue to net income