Cadence Design Systems (CDNS) Revenue & Revenue Breakdown

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Cadence Design Systems Revenue Highlights

Latest Revenue (Y)

$4.09B

Latest Revenue (Q)

$1.22B

Main Segment (Y)

Product and maintenance

Main Geography (Y)

Americas

Cadence Design Systems Revenue by Period

Cadence Design Systems Revenue by Year

Date	Revenue	Change
2023-12-31	$4.09B	14.83%
2022-12-31	$3.56B	19.19%
2022-01-01	$2.99B	11.38%
2021-01-02	$2.68B	14.83%
2019-12-28	$2.34B	9.27%
2018-12-29	$2.14B	10.04%
2017-12-30	$1.94B	6.99%
2016-12-31	$1.82B	6.70%
2016-01-02	$1.70B	7.66%
2015-01-03	$1.58B	8.27%
2013-12-28	$1.46B	10.08%
2012-12-29	$1.33B	15.36%
2011-12-31	$1.15B	22.85%
2011-01-01	$935.95M	9.77%
2010-01-02	$852.63M	-17.91%
2009-01-03	$1.04B	-35.69%
2007-12-29	$1.62B	8.84%
2006-12-30	$1.48B	11.64%
2005-12-31	$1.33B	11.00%
2005-01-01	$1.20B	6.97%
2004-01-03	$1.12B	-13.42%
2002-12-28	$1.29B	-9.60%
2001-12-29	$1.43B	11.79%
2000-12-30	$1.28B	17.04%
2000-01-01	$1.09B	-10.10%
1999-01-02	$1.22B	32.77%
1998-01-03	$915.89M	23.53%
1996-12-28	$741.46M	35.20%
1995-12-30	$548.42M	27.81%
1994-12-31	$429.07M	16.41%
1993-12-31	$368.60M	-

Cadence Design Systems generated $4.09B in revenue during NA 2023, up 14.83% compared to the previous quarter, and up 191.30% compared to the same period a year ago.

Cadence Design Systems Revenue by Quarter

Date	Revenue	Change
2024-09-30	$1.22B	14.60%
2024-06-30	$1.06B	5.11%
2024-03-31	$1.01B	-5.57%
2023-12-31	$1.07B	4.45%
2023-09-30	$1.02B	4.76%
2023-06-30	$976.58M	-4.42%
2023-03-31	$1.02B	13.54%
2022-12-31	$899.88M	-0.30%
2022-10-01	$902.55M	5.25%
2022-07-02	$857.52M	-4.91%
2022-04-02	$901.77M	16.65%
2022-01-01	$773.04M	2.95%
2021-10-02	$750.89M	3.10%
2021-07-03	$728.28M	-1.05%
2021-04-03	$736.03M	-3.14%
2021-01-02	$759.91M	14.00%
2020-09-26	$666.61M	4.42%
2020-06-27	$638.42M	3.31%
2020-03-28	$617.96M	3.07%
2019-12-28	$599.55M	3.44%
2019-09-28	$579.60M	-0.14%
2019-06-29	$580.42M	0.64%
2019-03-30	$576.74M	1.21%
2018-12-29	$569.85M	7.02%
2018-09-29	$532.47M	2.72%
2018-06-30	$518.39M	0.21%
2018-03-31	$517.31M	3.11%
2017-12-30	$501.72M	3.36%
2017-09-30	$485.40M	1.34%
2017-07-01	$479.00M	0.44%
2017-04-01	$476.91M	1.69%
2016-12-31	$468.98M	5.10%
2016-10-01	$446.22M	-1.50%
2016-07-02	$453.02M	1.15%
2016-04-02	$447.86M	1.54%
2016-01-02	$441.08M	1.69%
2015-10-03	$433.76M	4.30%
2015-07-04	$415.88M	1.10%
2015-04-04	$411.37M	-2.77%
2015-01-03	$423.10M	5.64%
2014-09-27	$400.50M	5.73%
2014-06-28	$378.79M	0.06%
2014-03-29	$378.55M	0.49%
2013-12-28	$376.72M	2.75%
2013-09-28	$366.65M	1.15%
2013-06-29	$362.48M	2.32%
2013-03-30	$354.27M	2.51%
2012-12-29	$345.58M	2.08%
2012-09-29	$338.53M	3.69%
2012-06-30	$326.48M	3.37%
2012-03-31	$315.83M	2.54%
2011-12-31	$308.01M	5.32%
2011-10-01	$292.46M	3.24%
2011-07-02	$283.27M	6.45%
2011-04-02	$266.10M	6.86%
2011-01-01	$249.02M	4.66%
2010-10-02	$237.93M	4.79%
2010-07-03	$227.06M	2.31%
2010-04-03	$221.94M	0.75%
2010-01-02	$220.28M	1.92%
2009-10-03	$216.12M	2.95%
2009-07-04	$209.93M	1.76%
2009-04-04	$206.30M	-9.25%
2009-01-03	$227.34M	-2.22%
2008-09-27	$232.49M	-29.44%
2008-06-28	$329.48M	14.73%
2008-03-29	$287.19M	-37.29%
2007-12-29	$457.94M	-

Cadence Design Systems generated $1.22B in revenue during Q3 2024, up 14.60% compared to the previous quarter, and up 124.46% compared to the same period a year ago.

Cadence Design Systems Revenue Breakdown

Cadence Design Systems Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 22	Jan 22	Jan 21	Dec 19
Product and maintenance	$3.34B	$2.81B	$2.54B	$2.20B
Technology Service	$221.52M	$175.30M	$146.27M	$131.70M

Cadence Design Systems's latest annual revenue breakdown by segment (product or service), as of Dec 22: Product and maintenance (93.78%), and Technology Service (6.22%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Sep 23	Jun 23	Mar 23	Dec 22	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Product and maintenance	$1.10B	$960.46M	$913.38M	$965.84M	$922.79M	$963.74M	$845.88M	$845.79M	$802.28M	$846.24M	$719.85M	$706.16M	$687.88M	$699.05M	$723.23M	$630.33M	$601.36M	$581.70M	$564.96M	$548.11M
Technology Service	$115.12M	$100.22M	$95.72M	$57.25M	$53.79M	$57.95M	$54.00M	$56.77M	$55.24M	$55.52M	$53.19M	$44.73M	$40.40M	$36.97M	$36.68M	$36.28M	$37.06M	$36.26M	$34.59M	$31.50M

Cadence Design Systems's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Product and maintenance (90.53%), and Technology Service (9.47%).

Cadence Design Systems Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 22	Jan 22	Jan 21	Dec 19	Dec 18
Asia	$1.15B	$944.93M	$894.01M	$700.50M	$605.41M
Americas	$1.63B	$1.34B	$1.14B	$1.03B	-
UNITED STATES	$1.58B	$1.29B	$1.10B	$982.38M	$924.64M
Other Asia	$629.53M	$566.77M	$487.36M	$459.03M	-
Other America	$53.12M	$42.14M	$43.65M	$43.47M	$32.53M
JAPAN	$197.32M	$184.80M	$179.16M	$176.65M	$168.56M
EMEA	$582.35M	$523.39M	$469.80M	$433.31M	$406.88M
CHINA	$521.51M	$378.16M	$406.64M	$241.47M	-

Cadence Design Systems's latest annual revenue breakdown by geography, as of Dec 22: Americas (25.71%), UNITED STATES (24.87%), Asia (18.14%), Other Asia (9.92%), EMEA (9.18%), CHINA (8.22%), JAPAN (3.11%), and Other America (0.84%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Sep 23	Jun 23	Mar 23	Oct 22	Jul 22	Apr 22	Oct 21	Jul 21	Apr 21	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18
Other Asia	$211.16M	$197.93M	$208.53M	$197.83M	$176.89M	$183.96M	$156.25M	$151.97M	$158.67M	$136.27M	$134.39M	$133.85M	$123.19M	$121.28M	$109.60M	$118.13M	$120.12M	$109.42M	$111.35M	-
JAPAN	$67.66M	$63.59M	$51.42M	$57.70M	$57.20M	$55.44M	$47.61M	$53.33M	$47.15M	$43.74M	$46.48M	$46.51M	$41.33M	$46.25M	$41.51M	$41.68M	$41.40M	$42.27M	$51.30M	$47.73M
EMEA	$174.61M	$152.52M	$169.06M	$158.19M	$166.80M	$154.27M	$142.98M	$158.04M	$130.63M	$129.61M	$124.50M	$130.23M	$107.91M	$116.54M	$115.72M	$109.87M	$106.15M	$113.83M	$103.46M	$95.04M
CHINA	$156.68M	$127.81M	$117.23M	$172.02M	$174.12M	$177.56M	$148.32M	$113.17M	$139.97M	$98.33M	$99.59M	$89.44M	$114.16M	$77.23M	$83.80M	$55.90M	$58.22M	$68.38M	$58.98M	-
Asia	$367.84M	$325.74M	$325.76M	$369.85M	$351.01M	$361.52M	$304.57M	$265.14M	$298.64M	$234.60M	$233.98M	$223.29M	$237.35M	$198.51M	$193.40M	$174.04M	$178.34M	$177.80M	$170.32M	$174.18M
Americas	$605.40M	$518.83M	$462.87M	$437.35M	$401.56M	$450.46M	$407.39M	$381.02M	$425.34M	$342.95M	$323.33M	$336.00M	$280.01M	$277.12M	$267.32M	$273.96M	$253.72M	$246.51M	$251.65M	-
UNITED STATES	$580.49M	$507.17M	$435.52M	$421.55M	$385.60M	$434.35M	$392.22M	$368.97M	$413.54M	$331.46M	$313.14M	$326.32M	$269.06M	$267.00M	$258.49M	$263.58M	$241.06M	$234.49M	$243.25M	$244.71M
Other America	$24.91M	$11.66M	$27.35M	$15.80M	$15.97M	$16.12M	$15.16M	$12.04M	$11.80M	$11.49M	$10.19M	$9.68M	$10.96M	$10.12M	$8.84M	$10.38M	$12.66M	$12.03M	$8.41M	$8.18M

Cadence Design Systems's latest quarterly revenue breakdown by geography, as of Sep 24: Americas (27.66%), UNITED STATES (26.52%), Asia (16.81%), Other Asia (9.65%), EMEA (7.98%), CHINA (7.16%), JAPAN (3.09%), and Other America (1.14%).

Cadence Design Systems Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CRM	Salesforce	$34.86B	$9.44B
INTU	Intuit	$16.29B	$3.28B
NOW	ServiceNow	$8.97B	$2.80B
WDAY	Workday	$7.26B	$2.17B
ADSK	Autodesk	$5.44B	$1.31B
ZM	Zoom Video Communications	$4.53B	$1.18B
TEAM	Atlassian	$4.36B	$1.19B
CDNS	Cadence Design Systems	$4.09B	$1.22B
SNOW	Snowflake	$2.81B	$942.09M
U	Unity Software	$2.19B	$446.52M
DDOG	Datadog	$2.13B	$690.02M
TTD	Trade Desk	$1.95B	$628.02M
PAYC	Paycom Software	$1.69B	$451.93M

CDNS Revenue FAQ

What is Cadence Design Systems’s yearly revenue?

Cadence Design Systems's yearly revenue for 2023 was $4.09B, representing an increase of 14.83% compared to 2022. The company's yearly revenue for 2022 was $3.56B, representing an increase of 19.19% compared to 2021. CDNS's yearly revenue for 2021 was $2.99B, representing an increase of 11.38% compared to 2020.

What is Cadence Design Systems’s quarterly revenue?

Cadence Design Systems's quarterly revenue for Q3 2024 was $1.22B, a 14.60% increase from the previous quarter (Q2 2024), and a 18.81% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.06B, a 5.11% increase from the previous quarter (Q1 2024), and a 8.61% increase year-over-year (Q2 2023). CDNS's quarterly revenue for Q1 2024 was $1.01B, a -5.57% decrease from the previous quarter (Q4 2023), and a -1.23% decrease year-over-year (Q1 2023).

What is Cadence Design Systems’s revenue growth rate?

Cadence Design Systems's revenue growth rate for the last 3 years (2021-2023) was 36.87%, and for the last 5 years (2019-2023) was 75.06%.

What are Cadence Design Systems’s revenue streams?

Cadence Design Systems's revenue streams in c 22 are Product and maintenance, and Technology Service. Product and maintenance generated $3.34B in revenue, accounting 93.78% of the company's total revenue, up 18.74% year-over-year. Technology Service generated $221.52M in revenue, accounting 6.22% of the company's total revenue, up 26.37% year-over-year.

What is Cadence Design Systems’s main source of revenue?

For the fiscal year ending Dec 22, the largest source of revenue of Cadence Design Systems was Product and maintenance. This segment made a revenue of $3.34B, representing 93.78% of the company's total revenue.