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

DateRevenueChange
2023-12-31$4.09B14.83%
2022-12-31$3.56B19.19%
2022-01-01$2.99B11.38%
2021-01-02$2.68B14.83%
2019-12-28$2.34B9.27%
2018-12-29$2.14B10.04%
2017-12-30$1.94B6.99%
2016-12-31$1.82B6.70%
2016-01-02$1.70B7.66%
2015-01-03$1.58B8.27%
2013-12-28$1.46B10.08%
2012-12-29$1.33B15.36%
2011-12-31$1.15B22.85%
2011-01-01$935.95M9.77%
2010-01-02$852.63M-17.91%
2009-01-03$1.04B-35.69%
2007-12-29$1.62B8.84%
2006-12-30$1.48B11.64%
2005-12-31$1.33B11.00%
2005-01-01$1.20B6.97%
2004-01-03$1.12B-13.42%
2002-12-28$1.29B-9.60%
2001-12-29$1.43B11.79%
2000-12-30$1.28B17.04%
2000-01-01$1.09B-10.10%
1999-01-02$1.22B32.77%
1998-01-03$915.89M23.53%
1996-12-28$741.46M35.20%
1995-12-30$548.42M27.81%
1994-12-31$429.07M16.41%
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

DateRevenueChange
2024-09-30$1.22B14.60%
2024-06-30$1.06B5.11%
2024-03-31$1.01B-5.57%
2023-12-31$1.07B4.45%
2023-09-30$1.02B4.76%
2023-06-30$976.58M-4.42%
2023-03-31$1.02B13.54%
2022-12-31$899.88M-0.30%
2022-10-01$902.55M5.25%
2022-07-02$857.52M-4.91%
2022-04-02$901.77M16.65%
2022-01-01$773.04M2.95%
2021-10-02$750.89M3.10%
2021-07-03$728.28M-1.05%
2021-04-03$736.03M-3.14%
2021-01-02$759.91M14.00%
2020-09-26$666.61M4.42%
2020-06-27$638.42M3.31%
2020-03-28$617.96M3.07%
2019-12-28$599.55M3.44%
2019-09-28$579.60M-0.14%
2019-06-29$580.42M0.64%
2019-03-30$576.74M1.21%
2018-12-29$569.85M7.02%
2018-09-29$532.47M2.72%
2018-06-30$518.39M0.21%
2018-03-31$517.31M3.11%
2017-12-30$501.72M3.36%
2017-09-30$485.40M1.34%
2017-07-01$479.00M0.44%
2017-04-01$476.91M1.69%
2016-12-31$468.98M5.10%
2016-10-01$446.22M-1.50%
2016-07-02$453.02M1.15%
2016-04-02$447.86M1.54%
2016-01-02$441.08M1.69%
2015-10-03$433.76M4.30%
2015-07-04$415.88M1.10%
2015-04-04$411.37M-2.77%
2015-01-03$423.10M5.64%
2014-09-27$400.50M5.73%
2014-06-28$378.79M0.06%
2014-03-29$378.55M0.49%
2013-12-28$376.72M2.75%
2013-09-28$366.65M1.15%
2013-06-29$362.48M2.32%
2013-03-30$354.27M2.51%
2012-12-29$345.58M2.08%
2012-09-29$338.53M3.69%
2012-06-30$326.48M3.37%
2012-03-31$315.83M2.54%
2011-12-31$308.01M5.32%
2011-10-01$292.46M3.24%
2011-07-02$283.27M6.45%
2011-04-02$266.10M6.86%
2011-01-01$249.02M4.66%
2010-10-02$237.93M4.79%
2010-07-03$227.06M2.31%
2010-04-03$221.94M0.75%
2010-01-02$220.28M1.92%
2009-10-03$216.12M2.95%
2009-07-04$209.93M1.76%
2009-04-04$206.30M-9.25%
2009-01-03$227.34M-2.22%
2008-09-27$232.49M-29.44%
2008-06-28$329.48M14.73%
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/ServiceDec 22Jan 22Jan 21Dec 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/ServiceSep 24Jun 24Mar 24Sep 23Jun 23Mar 23Dec 22Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Sep 20Jun 20Mar 20Dec 19Sep 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

CountryDec 22Jan 22Jan 21Dec 19Dec 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

CountrySep 24Jun 24Mar 24Sep 23Jun 23Mar 23Oct 22Jul 22Apr 22Oct 21Jul 21Apr 21Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 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


TickerCompanyLast Year RevenueLast Quarter Revenue
CRMSalesforce$34.86B$9.32B
INTUIntuit$16.29B$6.74B
NOWServiceNow$8.97B$2.80B
WDAYWorkday$7.26B$2.08B
ADSKAutodesk$5.44B$1.50B
ZMZoom Video Communications$4.53B$1.16B
TEAMAtlassian$4.36B$1.19B
CDNSCadence Design Systems$4.09B$1.22B
SNOWSnowflake$2.81B$868.82M
UUnity Software$2.19B$446.52M
DDOGDatadog$2.13B$690.02M
TTDTrade Desk$1.95B$628.02M
PAYCPaycom 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.