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$449.26M
DDOGDatadog$2.13B$645.28M
TTDTrade Desk$1.95B$584.55M
PAYCPaycom Software$1.69B$451.93M

CDNS Revenue FAQ


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.

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).

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%.

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.

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.