CDNS — Cadence Design Systems Income Statement

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Annual income statement for Cadence Design Systems, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2021 January 2nd	2022 December 31st	2022 January 1st	2023 December 31st	2024 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	2,683	3,562	2,988	4,090	4,641
Cost of Revenue
Gross Profit	2,377	3,190	2,681	3,655	3,994
Selling / General / Administrative Expenses
Research And Development
Depreciation and Amortization
Unusual Expense / Income
Total Operating Expenses	2,037	2,488	2,209	2,839	3,291
Operating Profit	646	1,074	779	1,251	1,351
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	633	1,045	768	1,282	1,396
Provision for Income Taxes
Net Income After Taxes	591	849	696	1,041	1,055
Net Income Before Extraordinary Items
Net Income	591	849	696	1,041	1,055
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	591	849	696	1,041	1,055
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	2.14	3.09	2.49	3.89	3.96