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Dec 31, 2023

Cadence Q4 2023 Earnings Report

Total Revenue
$1.07B
Previous year: $900M
+18.8%
EPS
$1.38
Previous year: $0.96
+43.7%
IP Business Growth
13%
Previous year: 12%
+8.3%
System Design & Analysis Growth
12%
Previous year: 13%
-7.7%
Core EDA Growth
75%
Previous year: 25%
+200.0%
Gross Profit
$960M
Previous year: $806M
+19.0%
Cash and Equivalents
$1.01B
Previous year: $882M
+14.3%
Free Cash Flow
$238M
Previous year: $227M
+5.1%
Total Assets
$5.67B
Previous year: $5.14B
+10.4%

Cadence

Cadence

Cadence Revenue by Segment

Cadence Revenue by Geographic Location

Revenue & Expenses

Visualization of income flow from segment revenue to net income